Question : Which of the following is incorrect about the characteristics of management?
Option 1: The activities involved in managing enterprises are common to all organisations, whether economic, social or political.
Option 2: The manager motivates and leads his team in such a manner that individual members are able to achieve personal goals while contributing to the overall organisational objective.
Option 3: An organisation has a set of basic goals, which are the basis for its existence. They should be simple and clearly stated.
Option 4: None of the above.
Correct Answer: The manager motivates and leads his team in such a manner that individual members are able to achieve personal goals while contributing to the overall organisational objective.
Solution : The manager motivates and leads its team in such a manner that individual members are able to achieve personal goals while contributing to the over-all organisational objective. It is the importance of management that management helps in achieving personal objectives. The other two are the characteristics of the management.
Hence, Option B is correct.
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Question : Which of the following is the objective of management?
Option 1: Social objective
Option 2: Organisational objective
Option 3: Personal objective
Option 4: All of the above
Question : Which of the following are not the objectives of management?
Option 1: Organisational objective
Option 2: Personal objective
Option 3: Social objective
Question : Which objective of government budget is highlighted here? Budget is prepared with the objective of making various public sector industries provisions for managing and providing these enterprises with financial help.
Option 1: Management of public enterprises
Option 2: Economic growth
Option 3: Reducing regional disparities
Option 4: Employment generation
Question : Which objective of management focuses on achieving the financial goals of the organization?
Option 1: Economic objective
Option 2: Social objective
Option 3: Organizational objective
Option 4: Personal objective
Question : An organisation has a set of basic goals what is the basic reason for its existence. It implies which characteristics of Management?
Option 1: Goal oriented
Option 2: Pervasive
Option 3: Dynamic function
Option 4: Group activity
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