Podcast
Questions and Answers
What is the primary goal of an organization?
What is the primary goal of an organization?
- To achieve customer satisfaction (correct)
- To maximize profits for shareholders
- To fulfill the personal goals of employees
- To expand to as many countries as possible
Which of the following is NOT a function of business organization?
Which of the following is NOT a function of business organization?
- Marketing
- Finance
- Political lobbying (correct)
- Production
What is the nature of management in a business organization?
What is the nature of management in a business organization?
- Static and unchanging
- Isolated from external factors
- Independent of customer feedback
- Fast-paced and dynamic (correct)
Which level of management is responsible for setting organizational goals and developing policies?
Which level of management is responsible for setting organizational goals and developing policies?
What is the scope of management in an organization?
What is the scope of management in an organization?
What characterizes the business environment in the 21st century?
What characterizes the business environment in the 21st century?
Management is a process that involves which of the following?
Management is a process that involves which of the following?
Who defined management as 'the art of creating an environment in which people can perform as individuals and yet co-operate towards the attainment of group goals'?
Who defined management as 'the art of creating an environment in which people can perform as individuals and yet co-operate towards the attainment of group goals'?
What is the distinct process that management consists of?
What is the distinct process that management consists of?
How does the text define management?
How does the text define management?
What are the basic factors involved in management?
What are the basic factors involved in management?
Who defined management as 'that function of an enterprise which concerns itself with the direction and control of the various activities to attain the business objectives'?
Who defined management as 'that function of an enterprise which concerns itself with the direction and control of the various activities to attain the business objectives'?
An organization is a place where people come together to achieve some specific goal.
An organization is a place where people come together to achieve some specific goal.
All organizations, whether profit-making or non-profit-making, do not need to manage their business and direct the various efforts towards a definite purpose.
All organizations, whether profit-making or non-profit-making, do not need to manage their business and direct the various efforts towards a definite purpose.
The globalization process has no impact on increasing competitiveness in the market.
The globalization process has no impact on increasing competitiveness in the market.
The challenge of the 21st century is not to manage the business for customer’s satisfaction.
The challenge of the 21st century is not to manage the business for customer’s satisfaction.
To visualize changes in the emerging economic environment, it is not important to appoint the right people in the organization.
To visualize changes in the emerging economic environment, it is not important to appoint the right people in the organization.
Management is not a process that involves directing and controlling various activities to attain business objectives.
Management is not a process that involves directing and controlling various activities to attain business objectives.
Management is a process where resources are put at its proper direction to achieve decided goal.
Management is a process where resources are put at its proper direction to achieve decided goal.
Management is a mechanism that constitutes basic functions for accomplishment of objectives.
Management is a mechanism that constitutes basic functions for accomplishment of objectives.
Management is integrating function of organizing human resources, with physical resources for better performance and maximizing productivity with available economic resources.
Management is integrating function of organizing human resources, with physical resources for better performance and maximizing productivity with available economic resources.
Management is a group activity, where numbers of people come together and their efforts are directed towards a common objective.
Management is a group activity, where numbers of people come together and their efforts are directed towards a common objective.
Manager is a leader, who motivates people working with formal as well as informal communications, interprets the instructions and supervises and coordinates their work.
Manager is a leader, who motivates people working with formal as well as informal communications, interprets the instructions and supervises and coordinates their work.
According to Harold Koontz and Cyril O’Donnell, management is the art of creating an environment in which people can perform as individuals and yet co-operate towards the attainment of group goals.
According to Harold Koontz and Cyril O’Donnell, management is the art of creating an environment in which people can perform as individuals and yet co-operate towards the attainment of group goals.
George R. Terry defined management as a distinct process consisting of planning, organizing, actuating, and controlling performance to determine and accomplish the objectives by the use of people and resources.
George R. Terry defined management as a distinct process consisting of planning, organizing, actuating, and controlling performance to determine and accomplish the objectives by the use of people and resources.
Dalton Macfarland defined management as the process by which managers cr.Existing questions.
Dalton Macfarland defined management as the process by which managers cr.Existing questions.
William Spriegel defined management as that function of an enterprise which concerns itself with the direction and control of the various activities to attain the business objectives.
William Spriegel defined management as that function of an enterprise which concerns itself with the direction and control of the various activities to attain the business objectives.
Management is primarily concerned with maximizing profits for the organization.
Management is primarily concerned with maximizing profits for the organization.