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Nature and Significance of Management
Question
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Your grandfather has retired as the Director of a manufacturing company. At whichlevel of management was he working? Different type of functions are performed atthis level. State any one function.

Answer

(i) Top level management, (ii) Determining objectives.

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Some More Questions From Nature and Significance of Management Chapter

Clarify the meaning of ‘Group Efforts’ in management.

Explain any four characteristics of management.

Explain any five features of management. 

Define management.

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?