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Business Studies

Goal Oriented Process, Pervasive and Multidimensional

"Management i...

Question

"Management is the life giving element in every business, without it the resources of production remain resources and shall never become production"/ Comment.

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Solution

Yes, it is right to say that management is life giving element in every business because without proper management and planning growth and profit do not occur in any business.

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Q. In the absence of management all the resources of an organisation remain as resources only and never become production. Explain the importance of management in the light of this statement.

Q. The practice of farming and production of maximum agriculture yield through management of natural resources without disturbing the environment is known as _________ agriculture.

Q. Answer the following question:
Management is the dynamic, life giving element in every business. In the context of this statement, explain the importance of management in modern times.

Q. Management of forest and wild life resources is a very challenging task.Why ? GIve any two reasons.

Q. Which of the following is importance of management?
(1) It arranges the factors of production, assembles and organizes the resources.
(2) It helps the country to keep balanced approached in social order
(3) It utilizes all the physical & human resources productively.
(4) It helps the employees to get stronger trade union.
(5) It get maximum results through minimum input by proper planning and by using minimum input.

Select the correct answer from the options given below :-

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