Nature and Significance of Management
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Questions and Answers

What is the nature of management?

  • Reactive and resistant to innovation
  • Strictly hierarchical and autocratic
  • Dynamic and adaptive to change (correct)
  • Focused solely on individual performance

What is the primary focus of management?

  • Achieving organizational goals through people (correct)
  • Maximizing profits at any cost
  • Minimizing employee satisfaction for efficiency
  • Avoiding risks and challenges

Why is management significant in organizations?

  • To limit the potential of employees
  • To discourage innovation and creativity
  • To increase efficiency and productivity (correct)
  • To maintain traditional practices without improvement

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