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    Class 12 B.st. Assign.

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    P Janaki Raman
    This document outlines an assignment related to the nature and significance of management. It includes 11 questions that assess different characteristics and functions of management. Some key points addressed include: - Management can be applying existing knowledge to achieve goals or it can be a systematic body of knowledge explaining general principles. - An effective production manager achieved a production target at a lower cost than planned, highlighting management's role in achieving objectives. - Regularly introducing new products shows management's role in innovation. - Satisfied and productive employees indicates management has created a positive organizational culture and climate. - Common management functions across all organizations underscores management as a universal discipline.

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    Class 12 B.st. Assign.

    Uploaded by

    P Janaki Raman
    203 views1 page
    This document outlines an assignment related to the nature and significance of management. It includes 11 questions that assess different characteristics and functions of management. Some key points addressed include: - Management can be applying existing knowledge to achieve goals or it can be a systematic body of knowledge explaining general principles. - An effective production manager achieved a production target at a lower cost than planned, highlighting management's role in achieving objectives. - Regularly introducing new products shows management's role in innovation. - Satisfied and productive employees indicates management has created a positive organizational culture and climate. - Common management functions across all organizations underscores management as a universal discipline.

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    This document outlines an assignment related to the nature and significance of management. It includes 11 questions that assess different characteristics and functions of management. Some key points addressed include: - Management can be applying existing knowledge to achieve goals or it can be a systematic body of knowledge explaining general principles. - An effective production manager achieved a production target at a lower cost than planned, highlighting management's role in achieving objectives. - Regularly introducing new products shows management's role in innovation. - Satisfied and productive employees indicates management has created a positive organizational culture and climate. - Common management functions across all organizations underscores management as a universal discipline.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    203 views1 page

    Class 12 B.st. Assign.

    Uploaded by

    P Janaki Raman
    This document outlines an assignment related to the nature and significance of management. It includes 11 questions that assess different characteristics and functions of management. Some key points addressed include: - Management can be applying existing knowledge to achieve goals or it can be a systematic body of knowledge explaining general principles. - An effective production manager achieved a production target at a lower cost than planned, highlighting management's role in achieving objectives. - Regularly introducing new products shows management's role in innovation. - Satisfied and productive employees indicates management has created a positive organizational culture and climate. - Common management functions across all organizations underscores management as a universal discipline.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    ASSIGNMENT (2018-19)

    NATURE AND SIGNIFICANCE OF MANAGEMENT

    1. Identify the nature of management when it is practised as personal application of existing


    knowledge to achieve desired results.
    2. Identify the nature of management when it is said to be systematised body of knowledge
    that explains certain general truths.
    3. Volvo Ltd., target is to produce 10,000 shirts per month at a cost of Rs. 100 per shirt. The
    production manager achieved this target at a cost of Rs. 90 per shirt. Do you think the ‘
    Production Manager is effective? Give one reason to support your answer.
    4. Pizza Hut keeps on introducing a new variety of pizzas in its menu. Which charateristic
    of management is highlighted in this?
    5. In Alpha Ltd, the employees are happy and satisfied. There is no chaos and the effect of
    management is noticeable. Which characteristic of management is highlighted by this
    statement?
    6. Identify the basis characteristic of management involved in the statement-the activities
    incolced in managing an organisation are common to all organisations, whether
    economic, social or political.
    7. Management consists of an ongoing series of functions. Which characteristic of
    management is highlighted by this statement?
    8. Name the level of management that is responsible for the welfare and survival of the
    organisation.
    9. East Coast Ltd., offers employment to physically challenged persons. Identify the
    organisational objectives it is trying to achieve.
    10. What type of organisational objective is satisfied if an organisation provides salary to the
    workers commensurate with their jobs?
    11. Pure Living Private Ltd., is a company engaged in the business of manufacturing water
    and air purifiers. The profits earned by the company are adequate for its existence and
    progress. One of the beliefs of the company is that a satisfied employee creates a
    satisfied customer, which leads to creation of profits ultimately resulting in satisfied
    shareholders. The company pays competitive salaries and incentives to all its employees.
    The employees are pleased working in the company because of personal growth and
    development.
    The Company has set-up various training institutes in India. At these institutes, free of
    cost training to repair air and water purifiers is imparted to people living in rural sector.
    Is the management of Pure Living Private Limited fulfilling its objectives. Identify and
    state by quoting from the above para.

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