NCERT Solutions class 12 Business studies Chapter 1 Nature & Significance of Management | Bzziii.com

CLASS 12
Business Studies NCERT

Short Answer Type Questions

   Define management?

   Name any two important characteristics of management.

   Ritu is the manager of the northern division of a large corporate house. At what level does she work in the organisation? What are her basic functions?

   Why is management considered a multi-facted concept?

   Discuss the basic feature of management as a profession.

Long Answer Questions

   Management is considered to be both an art and science. Explain.

   Do you think management has the characteristics of a full fledged profession ?

   Co-ordination is the essence of management. Do you agree? Give reasons.

   “A successful enterprise has to achieve its goals effectively and efficiently” Explain.

   Management is a series of continuous inter-related functions. Comment.

Multiple Choice Questions

   Which is not a function of management of the following?

  Planning
  Staffing
  Co-operating
  Controlling

   Management is?

  An Art
  A Science
  Both Art and Science
  Neither

   The following is not an objective of management?

  Earning profits
  Growth of the organisation
  Providing employment
  Policy Making

  Policy formulation is the function of?

  Top level managers
  Middle level managers
  Operational management
  All of the above

   Co-ordination is?

  Function of management
  The essence of management
  An objective of management
  None of this