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?

<p>Accomplishment of group goals (B)</p> Signup and view all the answers

What is management needed at?

<p>At all levels of the enterprise (D)</p> Signup and view all the answers

What is the main difference between Administration and Management?

<p>Administration is concerned with the formation of objectives, plans, and policies, while Management means getting things done through people. (A)</p> Signup and view all the answers

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

<p>Skill is an acquired and learned ability to translate knowledge into performance. (D)</p> 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?

<p>Organising (A)</p> Signup and view all the answers

What does Staffing involve in the context of management functions?

<p>Manning the positions created by the organization process and dealing with human resources. (A)</p> 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?

<p>Controlling (A)</p> Signup and view all the answers

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