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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 which level of Management was he working? Different type of functions are performed at this level. State anyone function.

Solution

As he retired as director of company, he belongs to top level management. The functions performed at this level include strategic decision making.

Some More Questions From Nature and Significance of Management Chapter

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?

Explain, in brief, management as a 'Dynamic Function'.

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