Nature and Significance of Management-Concept of Management (CBSE Class-12 Business-Studies): Questions 16 - 17 of 17

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Question number: 16

» 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: 17

» 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?


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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