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Nature And Significance Of Management
Question
Clarify the meaning of ‘Group Efforts’ in management.
Solution
Group Effort refers to the fact that it is not a single person who completes the whole process of management but it is a collective effort of a group of poeple.
Hence, whenever we talk about management, every person who is holding a managerial position falls under its domain. All managers are affected by each and every decision taken in the organisation.
A task can be successfully accomplished only with the collective effort (group effort). For example, a company wants expansion of its business. For the fulfilment of this objective, participation of all, i.e., marketing manager, production manager, sales manager, finance manager etc., is required.
Therefore, management is essentially a group effort.
Hence, whenever we talk about management, every person who is holding a managerial position falls under its domain. All managers are affected by each and every decision taken in the organisation.
A task can be successfully accomplished only with the collective effort (group effort). For example, a company wants expansion of its business. For the fulfilment of this objective, participation of all, i.e., marketing manager, production manager, sales manager, finance manager etc., is required.
Therefore, management is essentially a group effort.
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?
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