Nature and Significance of Management (CBSE Class-12 Business-Studies): Questions 47 - 49 of 49

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Question number: 47

» Nature and Significance of Management » Management as Science

Essay Question▾

Describe in Detail

Despite internal sources of recruitment being economical why do companies not always use this source? State any five reasons.

Explanation

The Companies do not always use internal Sources of recruitment despite of them being economical because of the following reasons:

(i) It is not complete source so no organization internal sources offer limited choice.

(ii) The employees become tired if there are time bound promotions.

(iii) Competition the employees may… (31 more words) …

Question number: 48

» Nature and Significance of Management » Concept of Management

Appeared in Year: 2012

Short Answer Question▾

Write in Short

Identify the nature of management when it is said to be a systematized body of knowledge that explains certain general truths.

Question number: 49

» Nature and Significance of Management » Concept of Management

Essay Question▾

Describe in Detail

You are a management expert. You have been asked by a business firm to make its managers understand the importance of controlling function of management. How will you explain this to the manager?

Explanation

As a management expert the importance of controlling will be explained to the managers as follows:

(1) Achieving goals of organization.

(2) Managers to judge the accuracy of standards.

(3) Confirmed use of resources.

(4) Inspiring and motivating employees.

(5) Maintaining order and discipline.

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