Question : Which of the following is not an importance of management in the modern business world?
Option 1: Facilitating teamwork
Option 2: Enhancing decision-making
Option 3: Reducing competition
Option 4: Promoting innovation
Correct Answer: Reducing competition
Solution : The correct answer is (c) Reducing competition
Management does not directly aim to reduce competition in the modern business world. In fact, competition is a natural and integral part of the business environment. Instead, management focuses on various other aspects to ensure the success and growth of the organization.
Question : Which of the following is not a feature of behavioral management theory?
Option 1: Focus on individual behavior
Option 2: Emphasis on employee motivation
Option 3: Importance of social interactions
Option 4: Centralized decision-making
Question : Which of the following is not a characteristic of effective management?
Option 1: Good communication
Option 2: Technical skills
Option 3: Decision-making ability
Option 4: Micromanagement
Question : Sustainable management of common property resources is essential for:
Option 1: Facilitating unrestricted access and exploitation of resources
Option 2: Ensuring long-term ecological balance and community well-being
Option 3: Promoting the privatization of communal lands for development
Option 4: Reducing the involvement of local communities in resource management
Question : The directing function of management is closely related to:
Option 1: Planning
Option 2: Organizing
Option 3: Controlling
Option 4: Decision-making
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