Assessment Sheet 1 BSt Class 12 Chapter 1 – Nature and Significance of Management
Assessment Sheet 1 BSt Class 12
Chapter 1 – Nature and Significance of Management
VERY SHORT ANSWER TYPE QUESTIONS
1. “Planning, Organizing, Staffing, Directing and controlling” is the sequence of functions in a process. Name it.
2. Name that intangible force which creates productive relationships among resources of an organization.
3. Why is management called inexact science?
4. Production manager tries to produce goods with minimum costs.
Name the concept which is being focused by management?
5. What do you mean by effectiveness?
6. In order to be successful, an organization must change its according to the
needs of the environment. Which characteristic of management is highlighted in the statement?
7. Give one designation each of top and middle level management?
8. Your Grand Father has retired as the director of a manufacturing company.
At what level of management was he working.
SHORT ANSWER TYPE QUESTIONS
1. Explain the meaning of management.
2. ‘Management is a process’ Explain.
3. ‘Management is multi-dimensional’. Explain?
4. What are the personal objectives of the management?
5. Enumerate the importance of management.
6. Define co-ordination. Enumerate the features of co-ordination?
LONG ANSWER TYPE QUESTIONS
1. Explain the organizational objectives of management.
2. Explain the ‘social objectives’ of management.
3. Do you mean by’ Personal Objectives’ of management? Enumerate
personal objectives of management.
4. Explain five functions of top-management.
QUESTIONS WITH DIFFERENT DIFFICULTY LEVELS
1. Sridhar’s father is working as a section in-charge in a government office. Identify the level of management at which he is working? State any five functions that he has to perform at this level.
2. Jayant is working as Head Relationship Manager in the wealth management division of a private sector bank. He has created an internal environment which is conducive to an effective and efficient performance of his team of ten relationship management executive” A typical day at work in Jay ant’s life consists of a series of interrelated and continue functions. He decides the targets for his department which are in line with the objectives of the organization as a whole. The future course of action for his team members is laid out well in advance. The various resources required by the relationship managers like an iPad with GPS system, account opening forms, brochures, details of account holders etc. are made readily available to them. The executives are given sufficient authority to carry out the work assigned to them. Jayant works in close coordination with the Human Resource Manager in order to ensure that he is able to create and maintain a satisfactory and satisfied workforce in his department.Through constant guidance and motivation, Jayant inspires them to realise their full potential. He offers them various types of incentives from time to time keeping in view their diverse individual needs.Moreover, he keeps a close watch on their individual performances in order to ensure that they are in accordance with the standards set and takes corrective actions whenever needed.
In context of the above case:
- Identify the concept being referred to in the following line, “He has created an internal environment which is conducive to an effective and efficient performance of his team of ten relationship management executives.”
- Identify and describe the various functions of the concept as identified in part (a) of the question by quoting lines from the paragraph.
3.Which force binds all other functions of management?
4. Mr. Kunal is working as the Finance Manager of XYZ Ltd. At what level of management is he working? State any two functions being performed by him?
5. Identify the nature of management when it is practiced as personal
application of existing knowledge to achieve desired results.