1. _________________ is the art of getting things done through others.
a) Management
b) Planning
c) Organizing
d) Staffing
2. In Peter Drucker’s words “Without management a country’s ___________________ of production remain as _______________ and never become production.”
a) GDP
b) Resources
c) Materials
d) People
3. Management principles are __________________ in nature
a) Practical
b) Reliable
c) Universal
d) Impractical
4. Producing higher output for a given input is called as ___________________
a) Effectiveness
b) Production
c) Equity
d) Efficiency
5. Mc Farland has defined profession as a body of __________________
a) Knowledge
b) Ocean
c) People
d) Functions
Answer Key
Self-Assessment Questions …show more content…
Some of the distinct characteristics of management are as follows:
a) Universal phenomenon:
Management can be considered universal in nature. It can be seen everywhere, be it business organizations or educational institutions or politics or social and religious organizations. Management can be seen everywhere. Where ever there is human activity, management is found to be present. However, there could be difference with respect to the style and their approach, because most of the time management is contingent and hence can vary from situation to situation. But the management function, processes and activities remain the same.
b) Distinct Process
Management can be considered as a distinct or a separate process. It comprises of those activities which are undertaken deliberately for a reason. It is mainly concerned with the following:
i) Identifying the goals and objectives of an organization ii) Framing the plans, policies, procedures and systems which help achieving those objectives. iii) Aligning the human and non-human resources (such as materials, capital, land, machinery etc.) with one another and putting them in …show more content…
It can be seen everywhere, be it business organizations or educational institutions or politics or social and religious organizations. Management can be considered as a distinct or a separate process. Management is a Social Process Management can do anything and everything it wants. Management comes into picture only when there is a collective efforts made by a group of people towards a common objective. Management is all about managing people. Management is an integrated process Management is Goal-oriented One should understand that management is dynamic and not static in nature. Management is System of authority Management is taking right decisions is right management and wrong decisions are associated with improper management One of the faces of management is leadership, therefore, leading and motivating people is a prominent part of management Management is needed at all the 3 levels of an organization. It is needed at the operational level, tactical level and the strategic level Management is not just bringing together the human and the other productive resources together but also ensure the effective and efficient utilization of such