Nature & Concept of Management

<p>Mary Parker Follett (A)</p> Signup and view all the answers

<p>Understanding economic principles of division of labor (A)</p> Signup and view all the answers

<p>Focusing on financial gain only (A)</p> Signup and view all the answers

<p>Organizing (B)</p> Signup and view all the answers

<p>It facilitates an environment for achieving collective goals (C)</p> Signup and view all the answers

<p>To select and develop personnel for assigned roles. (C)</p> Signup and view all the answers

<p>Appraisal (D)</p> Signup and view all the answers

<p>It is the act of observing and guiding subordinates' work. (A)</p> Signup and view all the answers

<p>To inspire and encourage subordinates to achieve goals. (B)</p> Signup and view all the answers

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

<p>Production Management (D)</p> Signup and view all the answers

<p>To establish relationships of authority and responsibility. (D)</p> Signup and view all the answers

<p>It facilitates a bridge of understanding between individuals. (B)</p> Signup and view all the answers

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The process of filling roles within an organization with the right people through recruitment, selection, training, and development.

Forecasting future workforce needs. It involves figuring out how many employees are required, their skills, and when they'll be needed.

The process of guiding and motivating staff to achieve organizational goals. It involves influencing, supervising, and directing subordinates' work.

The act of overseeing the work of subordinates. It involves watching, directing, and coaching employees.

The process of encouraging and motivating employees to perform well and achieve organizational goals. It involves using incentives, praise, and other techniques.

The ability of a manager to influence and inspire subordinates to achieve organizational goals.

The process of exchanging information, ideas, and opinions between people in an organization. It is essential for effective communication and understanding.

Breaking down a large task into smaller, more manageable activities. It involves assigning duties, delegating authority, and creating responsibility.

A process of coordinating human efforts, resources, and tasks to achieve organizational goals and objectives. Essentially, it's about making things happen effectively and efficiently.

The principle that breaks down large tasks into smaller, more manageable subtasks and then strategically combines them to create a highly efficient and productive whole.

"The art of getting things done through people.”

The process of creating a future course of action. It involves problem-solving and decision-making to achieve predetermined goals. Essentially, it's about planning what to do, when to do it, and how to do it.

These are the essential actions that managers perform to fulfill their role in an organization. They encompass activities like setting goals, developing plans, organizing resources, implementing plans, and controlling the process.

This includes coordinating human resources, material resources (like equipment and materials), and financial resources (like budgets) to effectively accomplish organizational goals.

This involves understanding and adapting to the external environment, including societal needs and market changes, to ensure the organization stays relevant and successful.

Being able to develop a supportive work environment where employees feel motivated and valued. This fosters individual and collective success and helps achieve organizational goals.