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Nature and Significance of Management
Question
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Mc.Donalds, the fast food giant, made major changes in its menu to be able to survive in the Indian market. Which characteristic of management is highlighted?

Answer

Management is a dynamic function.

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Some More Questions From Nature and Significance of Management Chapter

Explain the phrase 'Management is Multi-dimensional.'

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.