Nature and Significance of Management-Concept of Management (CBSE Class-12 Business-Studies): Questions 1 - 8 of 17

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Question number: 1

» Nature and Significance of Management » Concept of Management

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“Success of an organization largely depends upon its management” Explain any five reasons to justify the statement.

Question number: 2

» Nature and Significance of Management » Concept of Management

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The Activities involved in managing an enterprise are common to all organizations whether economic, social or political. Which characteristics of management are highlighted by this statement?

Question number: 3

» Nature and Significance of Management » Concept of Management

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

Question number: 4

» Nature and Significance of Management » Concept of Management

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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: 5

» Nature and Significance of Management » Concept of Management

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

Question number: 6

» Nature and Significance of Management » Concept of Management

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Managerial activities are performed in all types of organisations in all departments and at all levels. Which management character is highlighted here?

Question number: 7

» Nature and Significance of Management » Concept of Management

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“Managers in India do the same work as managers in USA or Japan or Germany” which characteristic of management is highlighted by it?

Question number: 8

» Nature and Significance of Management » Concept of Management

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Management is based on personalized application of knowledge as it varies from person to person which nature of management is signified by it?

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