+91-8076753736 [email protected]

-->

Nature And Significance Of Management

Question

Wired Faculty App

Volvo Ltd.'s target is to produce 10,000 shirts per month at a cost of ? 100/- pershirt. The Production Manager achieved this target at a cost of ? 90/- per shirt. Doyou think the ‘Production Manager’ is effective? Give one reason in support of youranswer.

Solution

Yes, because he has achieved the target.

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.

Mock Test Series

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation