Nature and Significance of Management (CBSE Class-12 Business-Studies): Questions 9 - 16 of 49

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Question number: 9

» Nature and Significance of Management » Management Functions

One Liner Question▾

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An achievement of which organizational objectives results in “an increase in sales volume, increase in number of employees, no of products, and increase in capital investment’

Question number: 10

» Nature and Significance of Management » Management Functions

One Liner Question▾

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If an organization derives more benefits even after using fewer resources it’s a result of what?

Question number: 11

» Nature and Significance of Management » Concept of Management

One Liner Question▾

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‘Management is multi-dimensional’. Enumerate any two dimensions of management.

Question number: 12

» Nature and Significance of Management » Management as Science

One Liner Question▾

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How is entry to a profession restricted?

Question number: 13

» Nature and Significance of Management » Concept of Management

Short Answer Question▾

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Management is a Profession like Accounting, Medicine and Law as it also has a well defined body of knowledge. Yet management does not qualify to be a full fledged profession. Why?

Question number: 14

» Nature and Significance of Management » Concept of Management

Short Answer Question▾

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There are different objectives of business and economics objectives are one among them. Explain these economic objectives.

Question number: 15

» Nature and Significance of Management » Levels of Management

Essay Question▾

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A Company manufacturing mobiles is facing the problem of decreasing sales in the market. You can imagine any product about which you are familiar. What decisions/steps should each level of management take to give effect to this decision?

Explanation

Modernization of product is needed to increase it shares in the market. Hence to modernize the product each level should work as follows:

1. Top level management –

  • They must plan to add some new features in there mobiles.
  • They must co-ordinate the efforts of all the department towards modernization.… (102 more words) …

Question number: 16

» Nature and Significance of Management » Management Functions

One Liner Question▾

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To meet the objectives of the firm the management of Angora Ltd. Offer employment to physically challenged persons. Identity the organizational objective it is trying to achieve.

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