The management, in most straightforward terms, includes processes identified with planning, decision-making, organising, and motivating or leading the workforce in an association. The management additionally covers controlling data, information, physical and monetary assets in an organisation with an objective to arrive at its goals.
Below is a list of multiple-choice questions and answers on the Nature and significance of management to help students understand the topic better.
1. Coordination is ______.
(a) The essence of management.
(b) An objective of management.
(c) A social objective.
(d) A management function.
Answer A: The essence of management.
2. The element that aims at integrating group efforts to achieve group objectives is called ____.
(a) Coordination
(b) Management
(c) Directing
(d) Cooperation
Answer A: Coordination
3. Management is not ______.
(a) A pure science.
(b) An art.
(c) Art and science both.
(d) An applied science.
Answer A: A pure science.
4. Management is a ____ directed process as it aims at achieving specific goals.
(a) Future
(b) Goal
(c) Deliberately
(d) Continuously
Answer B: Goal
5. Managing Director is the position of _____ level of management in a large company.
(a) Middle level of management.
(b) Lower level of management.
(c) Middle and Lower level of management.
(d) Top-level management.
Answer D: Top-level management.
6. Which one of the following is not important to management?
(a) Developing society.
(b) Disciplining employees.
(c) Inculcating creativity.
(d) Integrating various interest groups.
Answer B: Disciplining employees.
7. Which one of the following statements is not correct?
(a) Management is a continuous process.
(b) Management is a dynamic process.
(c) Management is a rigid process.
(d) Management is a goal-oriented process.
Answer C: Management is a rigid process.
8. Management is multidimensional because it has ____ dimension(s).
(a) Two
(b) Three
(c) Four
(d) One
Answer B: Three
9. In which category does management fall?
(a) Semi-profession.
(b) Emerging profession.
(c) Marginal profession.
(d) Well-established profession.
Answer B: Emerging profession.
10. Top management is concerned with the formulation of ______.
(a) Long-term plans.
(b) Short-term plans.
(c) None of these.
(d) Guidelines for supervisors.
Answer A: Long-term plans.
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