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Management: Introduction, Meaning, and Functions

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Management: Introduction, Meaning, and Functions

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Questions and Answers

What is management?

A social process (correct)

A personal hobby

A physical resource

An individual activity

What is one of the characteristics of management?

Management is a physical resource

Management is a personal hobby

Management is a group activity (correct)

Management is an individual activity

What does management focus on?

Individual achievements

Human resources and production factors (correct)

Only technology and products

Personal hobbies and interests

What is the importance of management?

Accomplishment of group goals Signup and view all the answers

What is management needed at?

At all levels of the enterprise Signup and view all the answers

What is the main difference between Administration and Management?

Administration is concerned with the formation of objectives, plans, and policies, while Management means getting things done through people. Signup and view all the answers

What is the definition of skill as presented in the text?

Skill is an acquired and learned ability to translate knowledge into performance. Signup and view all the answers

Which function involves arranging, guiding, coordinating, directing, and controlling the activities of other factors of production to accomplish the objectives of the enterprise?

Organising Signup and view all the answers

What does Staffing involve in the context of management functions?

Manning the positions created by the organization process and dealing with human resources. Signup and view all the answers

Which function involves ensuring that the organization is moving in the desired direction and that progress is being made towards the achievement of objectives?

Controlling Signup and view all the answers