Nature and Significance of Management
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Questions and Answers

Management of work involves translating work goals into problems to be solved and decisions to be made.

True

Human resources are not considered a valuable asset for an organization according to the text.

False

Managing people only involves dealing with employees as a group, not as individuals with diverse needs and behavior.

False

The main focus of management is to make people's weaknesses irrelevant for achieving the organisation's goals.

<p>True</p> Signup and view all the answers

Every organization provides a basic product or service in order to sustain itself.

<p>True</p> Signup and view all the answers

In management of operations, the focus is on translating operations into financial gains only.

<p>False</p> Signup and view all the answers

Management of work does not involve assigning responsibilities or delegating authority.

<p>False</p> Signup and view all the answers

Managing people does not include making their strengths effective for achieving organizational goals.

<p>False</p> Signup and view all the answers

The main focus of management is on making people's weaknesses highly relevant for success.

<p>False</p> Signup and view all the answers

Management of operations does not require organizations to provide any product or service for survival.

<p>False</p> Signup and view all the answers

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