Question

Match the correct Pairs.

Group 'A'	Group 'B'
a) Management b) Management as an art c) Top level management d) Management as a profession e) Lower level management	1) Need of creativity 2) Can be seen 3) Administration 4) Intangible 5) Formal education 6) Policy framing 7) Implementation of policies 8) Selective 9) Directing subordinates to complete the task 10) Cause effect relationship.

Answer 1

Group 'A'	Group 'B'
a) Management b) Management as an art c) Top level management d) Management as a profession e) Lower level management	4) Intangible 1) Need of creativity 6) Policy framing 5) Formal education 9) Directing subordinates to complete the task

Explanations:
a) ‘Intangible’ refers to something that ‘cannot be seen or touched’. Management as a process cannot be seen but its presence can be felt by the success of an organisation. For instance, a high degree of harmony and orderliness in an organisation confirms the effectiveness of its management.

b) A manager uses creativity and imagination to apply the theories and principles of management to different situations. Just like each artist specialises in one form of art, different managers distinguish themselves in terms of their creativity and the application of their managerial skills.

c) Plans and policies are made by top-level managers including the Board of Directors, the Chief Executive Officer, etc. For example, a top-level management has planned that by 2015, the company will own 50% of the market share.

d) Today, the subject of management has become instrumental in the field of education. Many business schools are being set up to provide formal education to students. Students are trained in the fields of finance, human resources, marketing, packaging, etc. These schools provide theoretical knowledge about management.

e) The top-level management frames the policies but the actual execution is the responsibility of the lower levels of management. A supervisor has direct contact with his subordinates and leads them to achieve the required results.