Organizational Management and Human Wants

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What is the main reason for the establishment of organizations?

To increase demand for basic necessities

To achieve personal ambitions

To contribute to poverty alleviation (correct)

To create employment opportunities

What is the role of management in achieving organizational objectives?

Using resources effectively and efficiently (correct)

Expanding the business globally

Investing in profitable ventures

Supervising employees only

What is decision making in the context of management?

Motivating employees to work harder

Setting up objectives for the organization

Acquiring resources for the organization

Determining available alternatives and choosing the best solution (correct)

What is planning in the context of management?

Establishing objectives and suitable courses of action before taking action Signup and view all the answers

What aspect of management is crucial for the alleviation of poverty and want?

Effective decision making Signup and view all the answers

Why is it important to study management and organization according to the text?

To develop effective and efficient schemes related to management and organization Signup and view all the answers

What do organizations aim to achieve through management?

Contributing to societal development Signup and view all the answers

What does effective management help organizations avoid?

Resource wastage and inefficiency Signup and view all the answers

What is the ultimate goal of effective management, as per the text?

To achieve organizational objectives through people and other resources Signup and view all the answers

What is the basic reason for the establishment of organizations?

The satisfaction of human wants Signup and view all the answers

Define decision making in the context of management.

The process by which a decision maker determines the available alternatives and chooses the best solution that suits a given problem. Signup and view all the answers

What is the process of establishing objectives and suitable courses of action before taking action?

Planning Signup and view all the answers

What is management's role in achieving organizational objectives?

Achievement of organizational objectives through people and other resources Signup and view all the answers

What is the importance of studying management and organization, as per the text?

Supporting the satisfaction of human wants Signup and view all the answers

What are the functions of management, as briefly defined in the text?

Decision making, planning, achievement of organizational objectives through people and other resources Signup and view all the answers

What is the ultimate goal of effective management, according to the text?

Achievement of organizational objectives through people and other resources Signup and view all the answers

What is crucial for the alleviation of poverty and want, according to the text?

Proper management of resources by governments, business firms, and nonprofit organizations Signup and view all the answers

What drives people to devise or use means to ensure the satisfaction of their needs, as per the text?

Limited resources and the ever-increasing demand for food, shelter, security, and other basic necessities Signup and view all the answers

What is the role of decision making in management?

Decision making is the process by which a decision maker determines the available alternatives and chooses the best solution that suits a given problem. Signup and view all the answers

Define planning in the context of management.

Planning is the process of establishing objectives and suitable courses of action before taking action. Signup and view all the answers

What is the importance of effective and efficient schemes related to management and organization?

Effective and efficient schemes related to management and organization help in satisfying the ever-increasing demand for food, shelter, security, and other basic necessities. Signup and view all the answers

Why is it crucial for governments, business firms, and nonprofit organizations to manage their resources properly?

They are expected to manage their resources properly to contribute their share in the alleviation of poverty and want. Signup and view all the answers

How can management be defined according to the text?

Management may be defined as the achievement of organizational objectives through people and other resources. Signup and view all the answers

What is the basic reason for the establishment of organizations?

The basic reason for the establishment of organizations is the satisfaction of human wants. Signup and view all the answers

What is the ultimate goal of effective management, as per the text?

The ultimate goal of effective management is to achieve organizational objectives through people and other resources. Signup and view all the answers

What drives people to devise or use means to ensure the satisfaction of their needs, as per the text?

Limited resources and the ever-increasing demand for food, shelter, security, and other basic necessities drive people to devise or use means to ensure the satisfaction of their needs. Signup and view all the answers

What is the process of establishing objectives and suitable courses of action before taking action called in the context of management?

The process is called planning. Signup and view all the answers

Organizational Management and Human Wants

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Questions and Answers

What is the main reason for the establishment of organizations?

What is the role of management in achieving organizational objectives?

What is decision making in the context of management?

What is planning in the context of management?

What aspect of management is crucial for the alleviation of poverty and want?

Why is it important to study management and organization according to the text?

What do organizations aim to achieve through management?

What does effective management help organizations avoid?

What is the ultimate goal of effective management, as per the text?

What is the basic reason for the establishment of organizations?

Define decision making in the context of management.

What is the process of establishing objectives and suitable courses of action before taking action?

What is management's role in achieving organizational objectives?

What is the importance of studying management and organization, as per the text?

What are the functions of management, as briefly defined in the text?

What is the ultimate goal of effective management, according to the text?

What is crucial for the alleviation of poverty and want, according to the text?

What drives people to devise or use means to ensure the satisfaction of their needs, as per the text?

What is the role of decision making in management?

Define planning in the context of management.

What is the importance of effective and efficient schemes related to management and organization?

Why is it crucial for governments, business firms, and nonprofit organizations to manage their resources properly?

How can management be defined according to the text?

What is the basic reason for the establishment of organizations?

What is the ultimate goal of effective management, as per the text?

What drives people to devise or use means to ensure the satisfaction of their needs, as per the text?

What is the process of establishing objectives and suitable courses of action before taking action called in the context of management?

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