Management is an exact science like Physics or Chemistry. Do you agree?

Name the level of management involved in:
(i) taking key decisions.
(ii) planning day-to-day operations.

Name the function of management, which is considered as a base for all other functions of management.

What does pyramid form of levels of management indicate?

Management of any organisation strive to attain different objectives Enumerate any 2 Such objectives.

Lack of proper management results in wastage of time, money and efforts.” Do you agree with this statement? Give reasons in support of your answer

Can planning prevent problems?

Name that intangible force which creates productive relationship among resources of an organisation.

Name any two designations at operational management.

Your grandfather is working in an MNC as chief operating officer. At what level of management he is working?

Why is management an inexact science?

'Management is neither precise nor as comprehensive as natural and pure sciences. Explain?

Briefly discuss the three levels of management.

XYZ Services is looking to hire 100 people in the month of august, 2012. The human resources department is asked to achieve this target with the help of operations department.
By the end of August 2012, the target could not be achieved. For this, HR department is blaming operation manager and operations manager is blaming HR department. Which value is missing in the above paragraph? Explain its advantage.

An industrial unit, working in a backward area opens schools for education at nominal cost for the children of its employees and local people. By this act which value is promoted here?

“Effectiveness and efficiency are 2 Sides of the same coin.” Comment

“Survival, Profit and growth are three important economic objective which management helps the organisation to achieve’” Explain this statement.

Management is a group activity. Explain

Briefly explain the planning and organising functions of management.

Management of Global Ltd. Fulfils all its objectives and the organization is able to work effectively and efficiently. It is using environment friendly methods of production and disposing off the waste material either by recycling it or using the same for landfill in such a manner that the aquatic life is not disturbed. Thus it also provides employment opportunities to the disadvantaged sections of the society.
a) Identify the objective of management of Global Ltd. Which it wants to fulfill by doing the above activities.
b) State any two other objectives that the management of Global Ltd. Should fulfil.
c) Identify any two values which management of Global Ltd. Can communicate through fulfilling the objectives as stated in part (B)
d) Identify any two values which Global Ltd desires to emphasise through its above stated activities.

Arya and Draya are conversing. Arya is a manager and Dravya is a supervisor.

As per the given discussion, what is missing in the organisation and why is it important? Which values are affected by this?

“Without management, the resources of production. will remain resources and shall never become production”. In the light of this statement explain the importance of management in business.