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Nature and Significance of Management
Question
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‘Anything minus management is nothing’. Here what is the meaning of ‘nothing’?

Answer

It refers to failure or loss.

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Some More Questions From Nature and Significance of Management Chapter

Clarify the following equation: Anything - Management = Zero.

Explain, in brief, ‘management’ as an activity.

Explain, in brief, ‘management’ as a process. 

How is Management a 'Goal Oriented Process'?

Management is not visible, it can only be felt. Explain.

How is management a Continuous Process?

Explain, in brief, management as a 'Dynamic Function'.

Explain 'Management of people' as a dimension of management.

Explain in brief, 'management' as a group of people having managerial responsibilityfor an enterprise. 

State any two characteristics of management.