☰
✕

Nature and Significance of Management
Question
Wired Faculty App

A cloth manufacturer distributes its defective product at free of cost (after getting them repaired from Nari Niketan at lower cost) to orphanage. Which values are being attested in this solution?

Answer

(i) Fuifilness of social responsibility

(ii) Help to needy class of society

(iii) Employment to members of Nari Niketan

(iv) Full utilisation of defective product after improvement.

Sponsor Area

Some More Questions From Nature and Significance of Management Chapter

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?

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.