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Chapter – 1 Nature & Significance Of Management (2+5 =7 marks)
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“Management is a learned DISCIPLINE”. Comment
- Discipline is a subject that can be studied, organized and taught. (SOT)
- It should meet the basic requirements such as:-
- It should be acceptable
- It should be capable of discovering knowledge, which can be verified, passed on
to others and can be successfully applied.
- A large number of schools, colleges & universities have introduced management courses.
- It has got experts, thinkers and philosophers of the subject.
- These experts are devoted to impart their skill of the subject to learners of the discipline.
- They follow a code of conduct prescribed for them.
- As such we can conclude that management is a discipline
Explain in brief “MANAGEMENT AS AN ACTIVITY” – 2 marks
- Management is a human activity that (PC-DOS) plans, controls, directs and organizes the efforts of all employees in the best interest of the organization and society.
- For this the human and physical resources should be integrated in such a way that there is minimum waste of material, time and energy.
- It takes decisions on the following activities:
- The goals of the organization
- The activities to achieve the goals of the organization.
- The people who will perform those activities of the organization.
- The allocation of resources for the various activities of the organization.
- It leads by doing oneself what it wants others to do; and
- It directs the subordinates by showing & encouraging them to do things the right way.
Who are considered to be the operative management in an organization? State any two functions of lower level management –2 marks
- The first line/operative or low level management includes supervisors, foreman and
Inspectors.
- They are a link between middle level management and workers
They have the following functions (any 2 functions)
- They represent the workers’ grievances before the management
- They procure tools, materials required for the job
- They assign duties to workers and guide them in handling their jobs
- They prevent wastage of materials by negligent workers
Who are regarded as MIDDLE LEVEL MANAGEMENT in a business organisation? – 2 marks
- Middle management consists of departmental heads and other executive officers of different departments
- They execute the policies framed by the top management.
- They are a link between the top management and supervisory or lower level of management
State any two functions of middle level management – 2 marks
Their functions are as follows: (any two functions)
- They plan the operations of their department
- They prepare the organizational set up of their department.
- Find out suitable personnel and assign duties to them for execution of their department functions.
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Business Studies by Dorothy Mathias
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