Management: Nature and Significance Quiz
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Questions and Answers

Which of the following is a key characteristic of effective management?

  • Maintaining a rigid organizational structure
  • Dictatorial decision-making with no input from employees
  • Promoting a culture of innovation and continuous improvement (correct)
  • Ignoring the long-term impact of decisions
  • What is the primary focus of management?

  • Minimizing the impact on the environment
  • Achieving organizational goals through efficient use of resources (correct)
  • Satisfying the needs of employees
  • Maximizing profits at any cost
  • What is the role of management in addressing environmental sustainability?

  • Maximizing resource consumption without regard for environmental impact
  • None, as environmental sustainability is not a concern for management
  • Ignoring environmental concerns to prioritize operational efficiency
  • Balancing economic goals with environmental responsibility (correct)
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