Chapter 2
Functions of Management
Q.l) (A) Select the correct option and rewrite the sentence.
1) The functions of management start with ............... function.
a) organising
b) planning
c) coordinating
2) The functions of management end with ...............
a) directing
b) staffing
c) controlling
3) ............... sets out standards for controlling.
a) Staffing
b) Planning
c) Coordinating
4) Organization function is important for execution of the plans which have been prepared by ............... management.
a) top level
b) middle level
c) lower level
5) .............. is the function which supports to activate the plans with the help of employees.
a) Staffing
b) Directing
c) Co-ordinating
6) .............. is the function of execution according to the plan and the organizational structure.
a) Controlling
b) Directing
c) Staffing
7) ______ arranges the work in such a way that minimum conflicts are raised.
a) Co-ordinating
b) Organizing
c) Controlling
(B) Match the pairs.
|
|
Group
'A' |
|
Group
'B' |
|
A |
Planning |
1 |
It is the
process of instructing, guiding, communicating and motivating. |
|
B |
Organizing |
2 |
It is an
integration and synchronization of the efforts of group. |
|
C |
Staffing |
3 |
Deciding in
advance what to do, how to do, when to do and who is to do it. |
|
D |
Directing |
4 |
Management is
what manager does. |
|
E |
Coordinating |
5 |
To focus on the
role of manager. |
|
|
|
6 |
Decides the ways
and means to achieve what has been planned. |
|
|
|
7 |
It is the
process of comparing the actual performance with the pre-determined standard
performance. |
|
|
|
8 |
It is a set of
principles. |
|
|
|
9 |
It is the
process of recruiting, selecting, placing and remunerating. |
|
|
|
10 |
To manage is to
forecast and plan. |
Ans:
|
|
Group
'A' |
|
Group
'B' |
|
A |
Planning |
3 |
Deciding in
advance what to do, how to do, when to do and who is to do it. |
|
B |
Organizing |
6 |
Decides the ways
and means to achieve what has been planned. |
|
C |
Staffing |
9 |
It is the
process of recruiting, selecting, placing and remunerating. |
|
D |
Directing |
1 |
It is the
process of instructing, guiding, communicating and motivating. |
|
E |
Coordinating |
2 |
It is an
integration and synchronization of the efforts of group. |
(C) Give one Word / Phrase / Term for the following statements.
1) The right person at the job with right pay.
Ans: Staffing
2) A person who shows the correct path as well as guides employees in solving the problems.
Ans: Director
3) First function of management.
Ans: Planning
4) Last function of management.
Ans: Controlling
5) It is an intellectual process of logical thinking and rational decision making.
Ans: Planning
6) The term that is used to denote the structure.
Ans: Organisation
7) It is the process of attracting, recruiting, selecting, placing, appraising and remunerating the people.
Ans: Staffing
8) The process that leads the employees towards the accomplishment of organizational goals.
Ans: Directing
9) It increases the team spirit of work place.
Ans: Co-ordinating
10) It is the process of comparing the actual performance with the predetermined standard performance.
Ans: Controlling
(D) State whether following statements are true or false.
1) Every function of management is not based on planning.
Ans: False
2) Specialization in activities leads to increase in organizational efficiency.
Ans: True
3) Qualified, efficient and skilled work force is always an asset of the organization.
Ans: True
4) Cooperation is not necessary for smooth flow of organizational activities.
Ans: False
5) Coordination motivates the employees to take initiative while completing their assigned task.
Ans: True
6) Standards are not set for every performance in controlling function.
Ans: False
(E) Find the odd one.
1) Planning, Organizing, Staffing, Writing.
Ans: Writing
2) Selecting, Training, Co-ordinating, Placing
Ans: Co-ordinating
(F) Complete the sentences.
1) The tasks of getting the things done by others is known as ............. .
Ans: Management
2) The functions of manager start with ............. .
Ans: Planning
3) The ............. function of management initiates action
Ans: Directing
4) Recruitments are done under ............. function.
Ans: Staffing
5) ............. is the fundamental function of management.
Ans: Planning
6) ............. integrates departmental activities for achieving common goal of the organization.
Ans: Co-ordinating
7) ............. is the last function of management.
Ans: Staffing
(G) Select the correct option from the bracket.
1) Planning is a detailed programme of (present/future/past) course of action.
Ans: Planning is a detailed programme of Future course of action.
2) Directing is a responsibility of (manager/workers/people) at all levels.
Ans: Directing is a responsibility of manager at all levels.
3) Qualified, efficient and skilled workforce is always an (liabilities/assets/expenses) of the organization.
Ans: Qualified, efficient and skilled workforce is always assets of the organisation.
(H) Answer in one sentence.
1) What is management?
Ans : Management is a set of principles which relate to the various functions such as planning, organizing, staffing, directing, coordinating, controlling etc. which are helpful in achieving organizational goals.
2) What is planning?
Ans: Planning is an intellectual process of logical thinking and rational decision making. In short, planning is a detailed programme of future courses of action.
3) What is staffing?
Ans: staffing is the process of attracting, recruiting, selecting, placing, appraising, remunerating, developing, and retaining the best workforce.
4) What is directing?
Ans: Directing is the process of instructing, guiding, communicating, inspiring, motivating, and supervising the employees to achieve the predetermined goals of an organization.
5) What is controlling?
Ans: Controlling is a function of comparing the actual performance with the predetermined standard performance.
(I) Correct the underlined word and rewrite the following sentences.
1) Factors of business environment are always fixed.
Ans: Factors of business environment are always changing.
2) Staffing is concerned with machines.
Ans: Staffing is concerned with humans.
3) Directing is a function of comparing the actual performance with the predetermined performance.
Ans: Controlling is a function of comparing the actual performance with the predetermined Performance
4) Co-ordination helps to maximize the wastage of resources and controls the cost of work.
Ans: Co-ordination helps to minimizes the wastage of resources and controls the cost of work.
5) Controlling measures are rigid to some extent.
Ans: Controlling measures are flexible to some extent.
(J) Arrange in proper order.
1) Controlling, Organizing, Planning.
Ans: Planning, Organizing, Controlling
2. Directing, Co-ordinating, Staffing.
Ans' : Staffing, Directing, Co ordinating
Q.2 Explain the following terms/concept.
1. Management
Ans:
Management is a set of principles which relate to the various functions such as planning, organizing, staffing, directing, coordinating, controlling etc. which are helpful in achieving organizational goals. According to Henry Fayol, "To manage is to forecast and to plan, to organize, to command and to control."
2. Planning .
Ans:
Planning is the basic function of management. Every function of management is based on planning. It includes deciding the things to be done in advance. Planning is an intellectual process of logical thinking and rational decision making. It focuses on the organization's objectives and develops various courses of action. Designing proper planning and implementing accordingly is the key to achieving the objectives of an organization.
In short, planning is a detailed program of future courses of action.
3. Organizing
Ans:
Organizing is the process of identifying, bringing the required resources together such as men, money, material, machine and method, grouping, and arranging them properly for achieving the objectives. In planning, the management decides what is to be done in the future whereas the organizing function decides the ways and means to achieve what has been planned. This function is important for the execution of the plans which have been prepared by top-level management people.
The synchronization and combination of the workforce, physical, financial, and information resources are established in the process of organizing.
4. Staffing
Ans:
Staffing is the function of execution according to plan and organizational structure. It is the process of attracting, recruiting, selecting, placing, appraising, remunerating, developing, and retaining the best workforce.
The need for staffing arises since the initial period of the organization. Due to promotion, transfer, business expansion, retirement, resignation, accidents, death of employees, etc. vacancies are created in the organization. In this context, the staffing function plays a very important role in the organization. The right person at the right job with the right pay is the basic principle of staffing.
5. Directing
Ans:
Directing is the soul of management function. It is the process of instructing, guiding, communicating, inspiring, motivating, and supervising the employees to achieve the predetermined goals of an organization. The direction is a continuous function initiated at the top level and flows to the lower level through the organizational hierarchy. It is a continuous managerial process that goes on throughout the tenure of the organization. Director is the person who shows the correct path as well as guides the employees in solving the problems wherever necessary. A few philosophers called direction as "Life Spark of an Enterprise".
Q.3 Study the following case/situation and express your opinion.
1) Mr. Ram, an emerging entrepreneur has designed a structure of his business organization by taking into consideration the required resources such as land, money, machinery, workforce etc, for his new business. He appointed Mr.Shyam as a manager. Mr.Ram has assigned the responsibilities such as recruitment, selection, training and development and to determine the remuneration of the employees' to Mr.Shyam. Mr. Ram has also appointed Mr.Shubham to supervise the work done by the employees according to the standards given to the employees. Mr.Shubham has to also suggest the remedies to the employees wherever necessary. On this context, find out the management functions performed by
i. Mr. Ram
ii. Mr.Shyam
iii. Mr.Shubham
Ans:
Mr. Ram performs the function of planning and organizing. He is an emerging entrepreneur and plans the business structure and organizes different resources.
Mr. Shyam is performing the function of staffing as his main duty is to recruit, select, train, and develop the employees and to decide their remuneration accordingly.
Mr. Subham is performing the function of controlling. He compares the actual performance of employees with the standard performance given. He discovers the causes of deviations and suggests remedies to overcome deviations.
2) In XYZ Company, Mr. Lele gives instructions to the employees working under him, provide guidance and motivates them for their best performance. On the other hand Mr.Sayyad takes effort to harmonize the work done by the employees of different departments while achieving organizational goal. Mr.Desai is looking after the arrangement of required resources to the business organization.
Mention the name of employee engaged in following functions:
i. Organization
ii. Direction
iii. Coordination
Ans:
Mr. Desai is engaged in the organization function as he is looking after the arrangement of required resources for the business organization.
Mr. Lele is engaged in the function of directing as he gives instructions to the employees working under him, provides guidance, and motivates them for their best performance.
Mr. Sayyed is engaged in the function of coordination as he makes an effort to harmonize the work done by the employees of different departments.
Q.4 Distinguish between.
1) Planning and organizing
|
|
Planning |
Organizing |
|
1 Meaning |
Planning is
deciding in advance what to do how to do it, when to do it and who is to do
it. |
Organising is
the process of defining and grouping the activities of the enterprise and establishing
the authority relationships among them. |
|
2 Objective |
To set goals and
choosing the means to achieve these goals. |
To identify and
bring together all required resources. |
|
3. Area of
function |
It includes
setting objectives by identifying the ways of attaining the goal and
selecting the best plan. |
It includes
identification and grouping of activities, assigning the work and
establishing the authority relationship. |
|
4. Factors |
Internal and
external factors are considered in planning process. |
Internal and
external factors are considered in arrangement of resources. |
|
5. Order |
It is the basic
first function of management process |
It is based on
planning. |
|
6. Resources |
Planning is done
as per the requirement and availability of resources |
All available
resources i.e. men, money, material, machine and method are arranged in a
systematic manner. |
|
7. Nature |
It is continuous
in nature. It exists in the whole life of organization. |
It takes place
till the time all the resources are collected and arranged. |
|
8. Level of
Management |
Top management
is concerned with planning the activities. |
Top and middle
level management s related with organizing the required resources. |
2. Organizing and staffing
|
|
Organizing |
Staffing |
|
1 Meaning |
Organising is
the process of defining and grouping the activities of the enterprise and establishing
the authority relationships among them. |
The staffing
function pertains to the recruitment, selection, development, training and
compensation of subordinate managers. |
|
2 Objective |
To identify and
bring together all required resources. |
To appoint right
type of people at the right positions and the right time. |
|
3. Area of
function |
It includes
identification and grouping of activities, assigning the work and
establishing the authority relationship. |
It includes
recruitment, selection, training, development and com pensation of human
resources |
|
4. Factors |
Internal and
external factors are considered in arrangement of resources. |
Staffing is
mostly concerned with internal factors. |
|
5. Order |
It is based on
planning. |
It follows
organizing function. |
|
6. Resources |
All available
resources i.e. men, money, material, machine and method are arranged in a
systematic manner. |
It is the
process relating to organization of human resources. |
|
7. Nature |
It takes place
till the time all the resources are collected and arranged. |
It is a
continuous process as it deals with employees i.e. human resources. |
|
8. Level of
Management |
Top and middle
level management s related with organizing the required resources. |
Middle level
management is related with recruitment, training and selection Top level is
concerned with promotion and compensation. |
3. Staffing and directing
|
|
Staffing |
Directing |
|
1 Meaning |
The staffing
function pertains to the recruitment, selection, development, training and
compensation of subordinate managers. |
Directing is the
guidance inspiration, the leadership of those men and women constitute the
real case responsibilities of management. |
|
2 Objective |
To appoint right
type of people at the right positions and the right time. |
To direct the
subordinates to get the things done in the right manner. |
|
3. Area of
function |
It includes
recruitment, selection, training, development and com pensation of human
resources |
It includes
instructing, guiding, inspiring, communicating and motivating the human
resources. |
|
4. Factors |
Staffing is
mostly concerned with internal factors. |
Directing is
concerned directly with internal factors i.e. human resources. |
|
5. Order |
It follows
organizing function. |
It follows
organising and staffing for execution of planning. |
|
6. Resources |
It is the
process relating to organization of human resources. |
It gives
direction to the employees regarding use of other resources. |
|
7. Nature |
It is a
continuous process as it deals with employees i.e. human resources. |
This continuous
process is necessary in the process of achievement of the goals. |
|
8. Level of
Management |
Middle level
management is related with recruitment, training and selection Top level is
concerned with promotion and compensation. |
Middle level
management is involved in directing the employees. |
4. Directing and controlling
|
|
Directing |
Coordinating |
|
1 Meaning |
Directing is the
guidance inspiration, the leadership of those men and women constitute the
real case responsibilities of management. |
Coordination is
orderly arrangement of group efforts to provide unity of action in the
pursuit of common goal. |
|
2 Objective |
To direct the
subordinates to get the things done in the right manner. |
To ensure
harmony of efforts of the employees for smooth functioning of organization. |
|
3. Area of
function |
It includes
instructing, guiding, inspiring, communicating and motivating the human
resources. |
It includes
integration of efforts of top level, middle level and lower level. |
|
4. Factors |
Directing is
concerned directly with internal factors i.e. human resources. |
It is
harmonization of human resources, so it is concerned with internal factors. |
|
5. Order |
It follows
organising and staffing for execution of planning. |
It is an
important element of organizing which follows planning. |
|
6. Resources |
It gives
direction to the employees regarding use of other resources. |
It is related to
human resources. |
|
7. Nature |
This continuous
process is necessary in the process of achievement of the goals. |
This is a
continuous process related to all managerial levels. |
|
8. Level of
Management |
Middle level
management is involved in directing the employees. |
It is related to
all the levels of management to achieve the goal of organization. |
5. Co-ordinating and controlling
|
|
Coordinating |
Controlling |
|
1 Meaning |
Coordination is
orderly arrangement of group efforts to provide unity of action in the
pursuit of common goal. |
Controlling is
the process of taking steps to bring actual results and desired results
closer together. |
|
2 Objective |
To ensure
harmony of efforts of the employees for smooth functioning of organization. |
To ensure that
the objectives are achieved according to the plan. |
|
3. Area of
function |
It includes
integration of efforts of top level, middle level and lower level. |
It includes
setting up of standards, measurement, and comparison with actual performance
and taking corrective steps whenever necessary. |
|
4. Factors |
It is
harmonization of human resources, so it is concerned with internal factors. |
Internal and
external factors are taken into account for taking corrective action. |
|
5. Order |
It is an
important element of organizing which follows planning. |
It is an end
function of management process. |
|
6. Resources |
It is related to
human resources. |
It is related to
all organizational resources which help to achieve goal of organization. |
|
7. Nature |
This is a
continuous process related to all managerial levels. |
It is the
process which starts once the actual plan is executed. |
|
8. Level of
Management |
It is related to
all the levels of management to achieve the goal of organization. |
Top and middle
level management are responsible for controlling the activities. |
6. Planning and Controlling
|
|
Planning |
Controlling |
|
1 Meaning |
Planning is
deciding in advance what to do how to do it, when to do it and who is to do
it. |
Controlling is
the process of taking steps to bring actual results and desired results
closer together. |
|
2 Objective |
To set goals and
choosing the means to achieve these goals. |
To ensure that
the objectives are achieved according to the plan. |
|
3. Area of
function |
It includes
setting objectives by identifying the ways of attaining the goal and
selecting the best plan. |
It includes
setting up of standards, measurement, and comparison with actual performance
and taking corrective steps whenever necessary. |
|
4. Factors |
Internal and
external factors are considered in planning process. |
Internal and
external factors are taken into account for taking corrective action. |
|
5. Order |
It is the basic
first function of management process |
It is an end
function of management process. |
|
6. Resources |
Planning is done
as per the requirement and availability of resources |
It is related to
all organizational resources which help to achieve goal of organization. |
|
7. Nature |
It is continuous
in nature. It exists in the whole life of organization. |
It is the
process which starts once the actual plan is executed. |
|
8. Level of
Management |
Top management
is concerned with planning the activities. |
Top and middle
level management are responsible for controlling the activities. |
7. Organizing and Directing
|
|
Organizing |
Directing |
|
1 Meaning |
Organising is
the process of defining and grouping the activities of the enterprise and establishing
the authority relationships among them. |
Directing is the
guidance inspiration, the leadership of those men and women constitute the
real case responsibilities of management. |
|
2 Objective |
To identify and
bring together all required resources. |
To direct the
subordinates to get the things done in the right manner. |
|
3. Area of
function |
It includes
identification and grouping of activities, assigning the work and
establishing the authority relationship. |
It includes
instructing, guiding, inspiring, communicating and motivating the human
resources. |
|
4. Factors |
Internal and
external factors are considered in arrangement of resources. |
Directing is
concerned directly with internal factors i.e. human resources. |
|
5. Order |
It is based on
planning. |
It follows
organising and staffing for execution of planning. |
|
6. Resources |
All available
resources i.e. men, money, material, machine and method are arranged in a
systematic manner. |
It gives
direction to the employees regarding use of other resources. |
|
7. Nature |
It takes place
till the time all the resources are collected and arranged. |
This continuous
process is necessary in the process of achievement of the goals. |
|
8. Level of
Management |
Top and middle
level management s related with organizing the required resources. |
Middle level
management is involved in directing the employees. |
8. Organizing and Co-ordinating
|
|
Organizing |
Coordinating |
|
1 Meaning |
Organising is
the process of defining and grouping the activities of the enterprise and establishing
the authority relationships among them. |
Coordination is
orderly arrangement of group efforts to provide unity of action in the
pursuit of common goal. |
|
2 Objective |
To identify and
bring together all required resources. |
To ensure
harmony of efforts of the employees for smooth functioning of organization. |
|
3. Area of
function |
It includes
identification and grouping of activities, assigning the work and
establishing the authority relationship. |
It includes
integration of efforts of top level, middle level and lower level. |
|
4. Factors |
Internal and
external factors are considered in arrangement of resources. |
It is
harmonization of human resources, so it is concerned with internal factors. |
|
5. Order |
It is based on
planning. |
It is an
important element of organizing which follows planning. |
|
6. Resources |
All available
resources i.e. men, money, material, machine and method are arranged in a
systematic manner. |
It is related to
human resources. |
|
7. Nature |
It takes place
till the time all the resources are collected and arranged. |
This is a
continuous process related to all managerial levels. |
|
8. Level of
Management |
Top and middle
level management s related with organizing the required resources. |
It is related to
all the levels of management to achieve the goal of organization. |
Q.5 Answer in brief.
1) Explain any five points of importance of planning.
Ans: The Need and Importance of Management can be stated as follows:
1. Innovation:
__________ facilities innovation in the organization. Now a day, it is essential to generate new ideas, new products, new technology, etc. Innovation helps to face competition in today's competitive business world.
2. Corporate Image:
_________ enables the organization to enhance corporate image. This is because ________ helps to provide good quality goods & services to the customers. Therefore, proper ________ is required to develop good corporate image or goodwill of the organization.
3. Team Work:
_________ develops team spirit in the organization. It is the team works that bring success to organization. There is a need for team work between the various people and departments work is important to bring success in the organization.
4. Optimum Use of Resources:
______ facilitates optimum use of resources in the organisation. There is efficient use of various resources such as men, money, material etc. Optimum use of resources brings good results to the organisation.
5. Motivation:
_________ enables to motivate of the employees in the organisation. Motivated employees work with application and dedication. This dedication on the part of motivated work force brings higher efficiency in the organization. Therefore, proper management is required to generate motivation in the employees.
6. Reduction in wastage:
_________ ensures reduction of wastage in the organization. Now-a- days, reduction in wastage brings higher return to the organization. Reduction in wastages is important to any organization. Reduction in wastage brings higher return to the organization.
7. Reduction in Absenteeism:
_______ Proper facilities reduction of absenteeism in the organization. Absenteeism takes place when employees remain absent without prior permission.
8. Reduction in Labour Turnover:
________ helps to reduce Labour turnover in an organization. Labour turnover takes place when some employees leave the organization an other join in their place. Frequent labour turnover increase selection and training cost.
9. Higher Efficiency:
________ is required to generate higher efficiency in the organizations. Efficiency is the relation between returns and costs. The more the return.
10. Better relationship:
________enables to developed good relation in the organization. There should be good relation between various people & departments working in the organization. Good relation generate team work, & bring success to the organization.
2) Explain any five points of importance of organizing.
Ans: The Need and Importance of Management can be stated as follows:
1. Innovation:
__________ facilities innovation in the organization. Now a day, it is essential to generate new ideas, new products, new technology, etc. Innovation helps to face competition in today's competitive business world.
2. Corporate Image:
_________ enables the organization to enhance corporate image. This is because ________ helps to provide good quality goods & services to the customers. Therefore, proper ________ is required to develop good corporate image or goodwill of the organization.
3. Team Work:
_________ develops team spirit in the organization. It is the team works that bring success to organization. There is a need for team work between the various people and departments work is important to bring success in the organization.
4. Optimum Use of Resources:
______ facilitates optimum use of resources in the organisation. There is efficient use of various resources such as men, money, material etc. Optimum use of resources brings good results to the organisation.
5. Motivation:
_________ enables to motivate of the employees in the organisation. Motivated employees work with application and dedication. This dedication on the part of motivated work force brings higher efficiency in the organization. Therefore, proper management is required to generate motivation in the employees.
6. Reduction in wastage:
_________ ensures reduction of wastage in the organization. Now-a- days, reduction in wastage brings higher return to the organization. Reduction in wastages is important to any organization. Reduction in wastage brings higher return to the organization.
7. Reduction in Absenteeism:
_______ Proper facilities reduction of absenteeism in the organization. Absenteeism takes place when employees remain absent without prior permission.
8. Reduction in Labour Turnover:
________ helps to reduce Labour turnover in an organization. Labour turnover takes place when some employees leave the organization an other join in their place. Frequent labour turnover increase selection and training cost.
9. Higher Efficiency:
________ is required to generate higher efficiency in the organizations. Efficiency is the relation between returns and costs. The more the return.
10. Better relationship:
________enables to developed good relation in the organization. There should be good relation between various people & departments working in the organization. Good relation generate team work, & bring success to the organization.
3) Describe any five points of importance of staffing.
Ans: The Need and Importance of Management can be stated as follows:
1. Innovation:
__________ facilities innovation in the organization. Now a day, it is essential to generate new ideas, new products, new technology, etc. Innovation helps to face competition in today's competitive business world.
2. Corporate Image:
_________ enables the organization to enhance corporate image. This is because ________ helps to provide good quality goods & services to the customers. Therefore, proper ________ is required to develop good corporate image or goodwill of the organization.
3. Team Work:
_________ develops team spirit in the organization. It is the team works that bring success to organization. There is a need for team work between the various people and departments work is important to bring success in the organization.
4. Optimum Use of Resources:
______ facilitates optimum use of resources in the organisation. There is efficient use of various resources such as men, money, material etc. Optimum use of resources brings good results to the organisation.
5. Motivation:
_________ enables to motivate of the employees in the organisation. Motivated employees work with application and dedication. This dedication on the part of motivated work force brings higher efficiency in the organization. Therefore, proper management is required to generate motivation in the employees.
6. Reduction in wastage:
_________ ensures reduction of wastage in the organization. Now-a- days, reduction in wastage brings higher return to the organization. Reduction in wastages is important to any organization. Reduction in wastage brings higher return to the organization.
7. Reduction in Absenteeism:
_______ Proper facilities reduction of absenteeism in the organization. Absenteeism takes place when employees remain absent without prior permission.
8. Reduction in Labour Turnover:
________ helps to reduce Labour turnover in an organization. Labour turnover takes place when some employees leave the organization an other join in their place. Frequent labour turnover increase selection and training cost.
9. Higher Efficiency:
________ is required to generate higher efficiency in the organizations. Efficiency is the relation between returns and costs. The more the return.
10. Better relationship:
________enables to developed good relation in the organization. There should be good relation between various people & departments working in the organization. Good relation generate team work, & bring success to the organization.
4) Explain any five points of importance of directing.
Ans: The Need and Importance of Management can be stated as follows:
1. Innovation:
__________ facilities innovation in the organization. Now a day, it is essential to generate new ideas, new products, new technology, etc. Innovation helps to face competition in today's competitive business world.
2. Corporate Image:
_________ enables the organization to enhance corporate image. This is because ________ helps to provide good quality goods & services to the customers. Therefore, proper ________ is required to develop good corporate image or goodwill of the organization.
3. Team Work:
_________ develops team spirit in the organization. It is the team works that bring success to organization. There is a need for team work between the various people and departments work is important to bring success in the organization.
4. Optimum Use of Resources:
______ facilitates optimum use of resources in the organisation. There is efficient use of various resources such as men, money, material etc. Optimum use of resources brings good results to the organisation.
5. Motivation:
_________ enables to motivate of the employees in the organisation. Motivated employees work with application and dedication. This dedication on the part of motivated work force brings higher efficiency in the organization. Therefore, proper management is required to generate motivation in the employees.
6. Reduction in wastage:
_________ ensures reduction of wastage in the organization. Now-a- days, reduction in wastage brings higher return to the organization. Reduction in wastages is important to any organization. Reduction in wastage brings higher return to the organization.
7. Reduction in Absenteeism:
_______ Proper facilities reduction of absenteeism in the organization. Absenteeism takes place when employees remain absent without prior permission.
8. Reduction in Labour Turnover:
________ helps to reduce Labour turnover in an organization. Labour turnover takes place when some employees leave the organization an other join in their place. Frequent labour turnover increase selection and training cost.
9. Higher Efficiency:
________ is required to generate higher efficiency in the organizations. Efficiency is the relation between returns and costs. The more the return.
10. Better relationship:
________enables to developed good relation in the organization. There should be good relation between various people & departments working in the organization. Good relation generate team work, & bring success to the organization.
5) Describe any five points of importance of coordinating.
Ans: The Need and Importance of Management can be stated as follows:
1. Innovation:
__________ facilities innovation in the organization. Now a day, it is essential to generate new ideas, new products, new technology, etc. Innovation helps to face competition in today's competitive business world.
2. Corporate Image:
_________ enables the organization to enhance corporate image. This is because ________ helps to provide good quality goods & services to the customers. Therefore, proper ________ is required to develop good corporate image or goodwill of the organization.
3. Team Work:
_________ develops team spirit in the organization. It is the team works that bring success to organization. There is a need for team work between the various people and departments work is important to bring success in the organization.
4. Optimum Use of Resources:
______ facilitates optimum use of resources in the organisation. There is efficient use of various resources such as men, money, material etc. Optimum use of resources brings good results to the organisation.
5. Motivation:
_________ enables to motivate of the employees in the organisation. Motivated employees work with application and dedication. This dedication on the part of motivated work force brings higher efficiency in the organization. Therefore, proper management is required to generate motivation in the employees.
6. Reduction in wastage:
_________ ensures reduction of wastage in the organization. Now-a- days, reduction in wastage brings higher return to the organization. Reduction in wastages is important to any organization. Reduction in wastage brings higher return to the organization.
7. Reduction in Absenteeism:
_______ Proper facilities reduction of absenteeism in the organization. Absenteeism takes place when employees remain absent without prior permission.
8. Reduction in Labour Turnover:
________ helps to reduce Labour turnover in an organization. Labour turnover takes place when some employees leave the organization an other join in their place. Frequent labour turnover increase selection and training cost.
9. Higher Efficiency:
________ is required to generate higher efficiency in the organizations. Efficiency is the relation between returns and costs. The more the return.
10. Better relationship:
________enables to developed good relation in the organization. There should be good relation between various people & departments working in the organization. Good relation generate team work, & bring success to the organization.
Q.6 Justify the following statements.
1) Planning is the first function of management.
Ans:
(1) It is important for an organization to keep a check on whether things are moving as per plan or not. So controlling function comes as the last but indispensable function of management. The effectiveness of planning can be determined with the function of controlling.
(2) The controlling function helps in comparing the actual performance with the pre- determined standard and performance. It is the process of bringing about conformity of performance with planned action.
(3) The controlling function helps in measuring deviation, if any, identifies the course of deviation and suggest corrective measures. The process of controlling helps in the formulation of future plans also.
(4) Controlling helps in checking and measuring performance at all levels of management, as it compares and finds deviation, analyses the causes of deviation, and suggests corrective measures. All planning may fail in the absence of proper controlling measures.
2) Controlling is the last function of management.
Ans:
(1) Organizing function is also called as doing function' i.e. putting the plan into action. Administration and operation both are doing function as organizing is the process of putting together various resources and activities of the organization into a system.
(2) Organizing involves identifying the activities and grouping of relative activities of the administration and operational department.
(3) The organizing function defines, departmentalized, and assigns activities so that they can be most effectively executed for the smooth flow of administration.
(4) Due to the proper grouping of the tasks and the employees, there is an increase in production and reduction in wastage. The duplication of work can be avoided and effective delegation becomes possible.
3) Organizing facilitates administration as well as operation of the organization.
Ans:
(1) The main function of staffing is to select the right person for the right job with the right pay. Selecting the right person for the right job brings efficiency and specialization in the organization.
(2) It also brings job satisfaction as adequate remuneration increase the morale of the employees. Training and development programs and job security are the factors that are important in providing job satisfaction.
(3) Proper selection of a qualified, efficient, and skillful workforce is always an asset of the organization. Proper selection of employees contributes to the higher efficiency and leads to long term positive effects in the organization.
(4) With a proper selection process, the right persons for the right jobs are placed and regularly appraised on a merit basis. The criteria of appraisal are duly communicated which brings peace and harmony in the organization.
4) Right person at right job with right pay is the basic principle of staffing.
Ans:
(1) Co-ordination is an integration of different activities which is essential for their smooth flow. It establishes harmony among all the activities of an organization in achieving desired goals. Co-ordination will not exist unless efforts are taken at all levels of management.
(2) Coordination is the synchronization of the efforts of a group so as to provide unity of action for organizational goals. It is a hidden force that binds all other functions at all levels of management.
(3) In an organization, a number of persons are working together to achieve a common goal. Their work is closely linked with each other. The coordination function brings all the group efforts together and harmonize them carefully.
(4) Co-ordination is an orderly arrangement of group efforts to provide unity of action to achieve common goals. Co-operation, teamwork and higher efficiency level lead to the attainment of goals and thus, it is the essence of organizational success.
(5) Co-ordination between different functions and all levels of management is the essence of organizational success.
Q.7 Attempt the following.
1) Explain the importance of planning.
Ans: The Need and Importance of Management can be stated as follows:
1. Innovation:
__________ facilities innovation in the organization. Now a day, it is essential to generate new ideas, new products, new technology, etc. Innovation helps to face competition in today's competitive business world.
2. Corporate Image:
_________ enables the organization to enhance corporate image. This is because ________ helps to provide good quality goods & services to the customers. Therefore, proper ________ is required to develop good corporate image or goodwill of the organization.
3. Team Work:
_________ develops team spirit in the organization. It is the team works that bring success to organization. There is a need for team work between the various people and departments work is important to bring success in the organization.
4. Optimum Use of Resources:
______ facilitates optimum use of resources in the organisation. There is efficient use of various resources such as men, money, material etc. Optimum use of resources brings good results to the organisation.
5. Motivation:
_________ enables to motivate of the employees in the organisation. Motivated employees work with application and dedication. This dedication on the part of motivated work force brings higher efficiency in the organization. Therefore, proper management is required to generate motivation in the employees.
6. Reduction in wastage:
_________ ensures reduction of wastage in the organization. Now-a- days, reduction in wastage brings higher return to the organization. Reduction in wastages is important to any organization. Reduction in wastage brings higher return to the organization.
7. Reduction in Absenteeism:
_______ Proper facilities reduction of absenteeism in the organization. Absenteeism takes place when employees remain absent without prior permission.
8. Reduction in Labour Turnover:
________ helps to reduce Labour turnover in an organization. Labour turnover takes place when some employees leave the organization an other join in their place. Frequent labour turnover increase selection and training cost.
9. Higher Efficiency:
________ is required to generate higher efficiency in the organizations. Efficiency is the relation between returns and costs. The more the return.
10. Better relationship:
________enables to developed good relation in the organization. There should be good relation between various people & departments working in the organization. Good relation generate team work, & bring success to the organization.
2) Describe the importance of organizing.
Ans: The Need and Importance of Management can be stated as follows:
1. Innovation:
__________ facilities innovation in the organization. Now a day, it is essential to generate new ideas, new products, new technology, etc. Innovation helps to face competition in today's competitive business world.
2. Corporate Image:
_________ enables the organization to enhance corporate image. This is because ________ helps to provide good quality goods & services to the customers. Therefore, proper ________ is required to develop good corporate image or goodwill of the organization.
3. Team Work:
_________ develops team spirit in the organization. It is the team works that bring success to organization. There is a need for team work between the various people and departments work is important to bring success in the organization.
4. Optimum Use of Resources:
______ facilitates optimum use of resources in the organisation. There is efficient use of various resources such as men, money, material etc. Optimum use of resources brings good results to the organisation.
5. Motivation:
_________ enables to motivate of the employees in the organisation. Motivated employees work with application and dedication. This dedication on the part of motivated work force brings higher efficiency in the organization. Therefore, proper management is required to generate motivation in the employees.
6. Reduction in wastage:
_________ ensures reduction of wastage in the organization. Now-a- days, reduction in wastage brings higher return to the organization. Reduction in wastages is important to any organization. Reduction in wastage brings higher return to the organization.
7. Reduction in Absenteeism:
_______ Proper facilities reduction of absenteeism in the organization. Absenteeism takes place when employees remain absent without prior permission.
8. Reduction in Labour Turnover:
________ helps to reduce Labour turnover in an organization. Labour turnover takes place when some employees leave the organization an other join in their place. Frequent labour turnover increase selection and training cost.
9. Higher Efficiency:
________ is required to generate higher efficiency in the organizations. Efficiency is the relation between returns and costs. The more the return.
10. Better relationship:
________enables to developed good relation in the organization. There should be good relation between various people & departments working in the organization. Good relation generate team work, & bring success to the organization.
3) Explain the importance of staffing.
Ans: The Need and Importance of Management can be stated as follows:
1. Innovation:
__________ facilities innovation in the organization. Now a day, it is essential to generate new ideas, new products, new technology, etc. Innovation helps to face competition in today's competitive business world.
2. Corporate Image:
_________ enables the organization to enhance corporate image. This is because ________ helps to provide good quality goods & services to the customers. Therefore, proper ________ is required to develop good corporate image or goodwill of the organization.
3. Team Work:
_________ develops team spirit in the organization. It is the team works that bring success to organization. There is a need for team work between the various people and departments work is important to bring success in the organization.
4. Optimum Use of Resources:
______ facilitates optimum use of resources in the organisation. There is efficient use of various resources such as men, money, material etc. Optimum use of resources brings good results to the organisation.
5. Motivation:
_________ enables to motivate of the employees in the organisation. Motivated employees work with application and dedication. This dedication on the part of motivated work force brings higher efficiency in the organization. Therefore, proper management is required to generate motivation in the employees.
6. Reduction in wastage:
_________ ensures reduction of wastage in the organization. Now-a- days, reduction in wastage brings higher return to the organization. Reduction in wastages is important to any organization. Reduction in wastage brings higher return to the organization.
7. Reduction in Absenteeism:
_______ Proper facilities reduction of absenteeism in the organization. Absenteeism takes place when employees remain absent without prior permission.
8. Reduction in Labour Turnover:
________ helps to reduce Labour turnover in an organization. Labour turnover takes place when some employees leave the organization an other join in their place. Frequent labour turnover increase selection and training cost.
9. Higher Efficiency:
________ is required to generate higher efficiency in the organizations. Efficiency is the relation between returns and costs. The more the return.
10. Better relationship:
________enables to developed good relation in the organization. There should be good relation between various people & departments working in the organization. Good relation generate team work, & bring success to the organization.
4) Explain the importance of directing.
Ans: The Need and Importance of Management can be stated as follows:
1. Innovation:
__________ facilities innovation in the organization. Now a day, it is essential to generate new ideas, new products, new technology, etc. Innovation helps to face competition in today's competitive business world.
2. Corporate Image:
_________ enables the organization to enhance corporate image. This is because ________ helps to provide good quality goods & services to the customers. Therefore, proper ________ is required to develop good corporate image or goodwill of the organization.
3. Team Work:
_________ develops team spirit in the organization. It is the team works that bring success to organization. There is a need for team work between the various people and departments work is important to bring success in the organization.
4. Optimum Use of Resources:
______ facilitates optimum use of resources in the organisation. There is efficient use of various resources such as men, money, material etc. Optimum use of resources brings good results to the organisation.
5. Motivation:
_________ enables to motivate of the employees in the organisation. Motivated employees work with application and dedication. This dedication on the part of motivated work force brings higher efficiency in the organization. Therefore, proper management is required to generate motivation in the employees.
6. Reduction in wastage:
_________ ensures reduction of wastage in the organization. Now-a- days, reduction in wastage brings higher return to the organization. Reduction in wastages is important to any organization. Reduction in wastage brings higher return to the organization.
7. Reduction in Absenteeism:
_______ Proper facilities reduction of absenteeism in the organization. Absenteeism takes place when employees remain absent without prior permission.
8. Reduction in Labour Turnover:
________ helps to reduce Labour turnover in an organization. Labour turnover takes place when some employees leave the organization an other join in their place. Frequent labour turnover increase selection and training cost.
9. Higher Efficiency:
________ is required to generate higher efficiency in the organizations. Efficiency is the relation between returns and costs. The more the return.
10. Better relationship:
________enables to developed good relation in the organization. There should be good relation between various people & departments working in the organization. Good relation generate team work, & bring success to the organization.
5) Describe the importance of coordinating.
Ans: The Need and Importance of Management can be stated as follows:
1. Innovation:
__________ facilities innovation in the organization. Now a day, it is essential to generate new ideas, new products, new technology, etc. Innovation helps to face competition in today's competitive business world.
2. Corporate Image:
_________ enables the organization to enhance corporate image. This is because ________ helps to provide good quality goods & services to the customers. Therefore, proper ________ is required to develop good corporate image or goodwill of the organization.
3. Team Work:
_________ develops team spirit in the organization. It is the team works that bring success to organization. There is a need for team work between the various people and departments work is important to bring success in the organization.
4. Optimum Use of Resources:
______ facilitates optimum use of resources in the organisation. There is efficient use of various resources such as men, money, material etc. Optimum use of resources brings good results to the organisation.
5. Motivation:
_________ enables to motivate of the employees in the organisation. Motivated employees work with application and dedication. This dedication on the part of motivated work force brings higher efficiency in the organization. Therefore, proper management is required to generate motivation in the employees.
6. Reduction in wastage:
_________ ensures reduction of wastage in the organization. Now-a- days, reduction in wastage brings higher return to the organization. Reduction in wastages is important to any organization. Reduction in wastage brings higher return to the organization.
7. Reduction in Absenteeism:
_______ Proper facilities reduction of absenteeism in the organization. Absenteeism takes place when employees remain absent without prior permission.
8. Reduction in Labour Turnover:
________ helps to reduce Labour turnover in an organization. Labour turnover takes place when some employees leave the organization an other join in their place. Frequent labour turnover increase selection and training cost.
9. Higher Efficiency:
________ is required to generate higher efficiency in the organizations. Efficiency is the relation between returns and costs. The more the return.
10. Better relationship:
________enables to developed good relation in the organization. There should be good relation between various people & departments working in the organization. Good relation generate team work, & bring success to the organization.
6) Explain the importance of controlling.
Ans: The Need and Importance of Management can be stated as follows:
1. Innovation:
__________ facilities innovation in the organization. Now a day, it is essential to generate new ideas, new products, new technology, etc. Innovation helps to face competition in today's competitive business world.
2. Corporate Image:
_________ enables the organization to enhance corporate image. This is because ________ helps to provide good quality goods & services to the customers. Therefore, proper ________ is required to develop good corporate image or goodwill of the organization.
3. Team Work:
_________ develops team spirit in the organization. It is the team works that bring success to organization. There is a need for team work between the various people and departments work is important to bring success in the organization.
4. Optimum Use of Resources:
______ facilitates optimum use of resources in the organisation. There is efficient use of various resources such as men, money, material etc. Optimum use of resources brings good results to the organisation.
5. Motivation:
_________ enables to motivate of the employees in the organisation. Motivated employees work with application and dedication. This dedication on the part of motivated work force brings higher efficiency in the organization. Therefore, proper management is required to generate motivation in the employees.
6. Reduction in wastage:
_________ ensures reduction of wastage in the organization. Now-a- days, reduction in wastage brings higher return to the organization. Reduction in wastages is important to any organization. Reduction in wastage brings higher return to the organization.
7. Reduction in Absenteeism:
_______ Proper facilities reduction of absenteeism in the organization. Absenteeism takes place when employees remain absent without prior permission.
8. Reduction in Labour Turnover:
________ helps to reduce Labour turnover in an organization. Labour turnover takes place when some employees leave the organization an other join in their place. Frequent labour turnover increase selection and training cost.
9. Higher Efficiency:
________ is required to generate higher efficiency in the organizations. Efficiency is the relation between returns and costs. The more the return.
10. Better relationship:
________enables to developed good relation in the organization. There should be good relation between various people & departments working in the organization. Good relation generate team work, & bring success to the organization.
Q.8 Answer the following.
1) Define the term planning and explain the importance of planning.
Ans: The Need and Importance of Management can be stated as follows:
1. Innovation:
__________ facilities innovation in the organization. Now a day, it is essential to generate new ideas, new products, new technology, etc. Innovation helps to face competition in today's competitive business world.
2. Corporate Image:
_________ enables the organization to enhance corporate image. This is because ________ helps to provide good quality goods & services to the customers. Therefore, proper ________ is required to develop good corporate image or goodwill of the organization.
3. Team Work:
_________ develops team spirit in the organization. It is the team works that bring success to organization. There is a need for team work between the various people and departments work is important to bring success in the organization.
4. Optimum Use of Resources:
______ facilitates optimum use of resources in the organisation. There is efficient use of various resources such as men, money, material etc. Optimum use of resources brings good results to the organisation.
5. Motivation:
_________ enables to motivate of the employees in the organisation. Motivated employees work with application and dedication. This dedication on the part of motivated work force brings higher efficiency in the organization. Therefore, proper management is required to generate motivation in the employees.
6. Reduction in wastage:
_________ ensures reduction of wastage in the organization. Now-a- days, reduction in wastage brings higher return to the organization. Reduction in wastages is important to any organization. Reduction in wastage brings higher return to the organization.
7. Reduction in Absenteeism:
_______ Proper facilities reduction of absenteeism in the organization. Absenteeism takes place when employees remain absent without prior permission.
8. Reduction in Labour Turnover:
________ helps to reduce Labour turnover in an organization. Labour turnover takes place when some employees leave the organization an other join in their place. Frequent labour turnover increase selection and training cost.
9. Higher Efficiency:
________ is required to generate higher efficiency in the organizations. Efficiency is the relation between returns and costs. The more the return.
10. Better relationship:
________enables to developed good relation in the organization. There should be good relation between various people & departments working in the organization. Good relation generate team work, & bring success to the organization.
2)What is organizing? Explain the importance of organizing.
Ans: The Need and Importance of Management can be stated as follows:
1. Innovation:
__________ facilities innovation in the organization. Now a day, it is essential to generate new ideas, new products, new technology, etc. Innovation helps to face competition in today's competitive business world.
2. Corporate Image:
_________ enables the organization to enhance corporate image. This is because ________ helps to provide good quality goods & services to the customers. Therefore, proper ________ is required to develop good corporate image or goodwill of the organization.
3. Team Work:
_________ develops team spirit in the organization. It is the team works that bring success to organization. There is a need for team work between the various people and departments work is important to bring success in the organization.
4. Optimum Use of Resources:
______ facilitates optimum use of resources in the organisation. There is efficient use of various resources such as men, money, material etc. Optimum use of resources brings good results to the organisation.
5. Motivation:
_________ enables to motivate of the employees in the organisation. Motivated employees work with application and dedication. This dedication on the part of motivated work force brings higher efficiency in the organization. Therefore, proper management is required to generate motivation in the employees.
6. Reduction in wastage:
_________ ensures reduction of wastage in the organization. Now-a- days, reduction in wastage brings higher return to the organization. Reduction in wastages is important to any organization. Reduction in wastage brings higher return to the organization.
7. Reduction in Absenteeism:
_______ Proper facilities reduction of absenteeism in the organization. Absenteeism takes place when employees remain absent without prior permission.
8. Reduction in Labour Turnover:
________ helps to reduce Labour turnover in an organization. Labour turnover takes place when some employees leave the organization an other join in their place. Frequent labour turnover increase selection and training cost.
9. Higher Efficiency:
________ is required to generate higher efficiency in the organizations. Efficiency is the relation between returns and costs. The more the return.
10. Better relationship:
________enables to developed good relation in the organization. There should be good relation between various people & departments working in the organization. Good relation generate team work, & bring success to the organization.
3)What do you mean by staffing? Describe the importance of staffing.
Ans: The Need and Importance of Management can be stated as follows:
1. Innovation:
__________ facilities innovation in the organization. Now a day, it is essential to generate new ideas, new products, new technology, etc. Innovation helps to face competition in today's competitive business world.
2. Corporate Image:
_________ enables the organization to enhance corporate image. This is because ________ helps to provide good quality goods & services to the customers. Therefore, proper ________ is required to develop good corporate image or goodwill of the organization.
3. Team Work:
_________ develops team spirit in the organization. It is the team works that bring success to organization. There is a need for team work between the various people and departments work is important to bring success in the organization.
4. Optimum Use of Resources:
______ facilitates optimum use of resources in the organisation. There is efficient use of various resources such as men, money, material etc. Optimum use of resources brings good results to the organisation.
5. Motivation:
_________ enables to motivate of the employees in the organisation. Motivated employees work with application and dedication. This dedication on the part of motivated work force brings higher efficiency in the organization. Therefore, proper management is required to generate motivation in the employees.
6. Reduction in wastage:
_________ ensures reduction of wastage in the organization. Now-a- days, reduction in wastage brings higher return to the organization. Reduction in wastages is important to any organization. Reduction in wastage brings higher return to the organization.
7. Reduction in Absenteeism:
_______ Proper facilities reduction of absenteeism in the organization. Absenteeism takes place when employees remain absent without prior permission.
8. Reduction in Labour Turnover:
________ helps to reduce Labour turnover in an organization. Labour turnover takes place when some employees leave the organization an other join in their place. Frequent labour turnover increase selection and training cost.
9. Higher Efficiency:
________ is required to generate higher efficiency in the organizations. Efficiency is the relation between returns and costs. The more the return.
10. Better relationship:
________enables to developed good relation in the organization. There should be good relation between various people & departments working in the organization. Good relation generate team work, & bring success to the organization.
4)Give the definition of directing and explain the importance of directing.
Ans: The Need and Importance of Management can be stated as follows:
1. Innovation:
__________ facilities innovation in the organization. Now a day, it is essential to generate new ideas, new products, new technology, etc. Innovation helps to face competition in today's competitive business world.
2. Corporate Image:
_________ enables the organization to enhance corporate image. This is because ________ helps to provide good quality goods & services to the customers. Therefore, proper ________ is required to develop good corporate image or goodwill of the organization.
3. Team Work:
_________ develops team spirit in the organization. It is the team works that bring success to organization. There is a need for team work between the various people and departments work is important to bring success in the organization.
4. Optimum Use of Resources:
______ facilitates optimum use of resources in the organisation. There is efficient use of various resources such as men, money, material etc. Optimum use of resources brings good results to the organisation.
5. Motivation:
_________ enables to motivate of the employees in the organisation. Motivated employees work with application and dedication. This dedication on the part of motivated work force brings higher efficiency in the organization. Therefore, proper management is required to generate motivation in the employees.
6. Reduction in wastage:
_________ ensures reduction of wastage in the organization. Now-a- days, reduction in wastage brings higher return to the organization. Reduction in wastages is important to any organization. Reduction in wastage brings higher return to the organization.
7. Reduction in Absenteeism:
_______ Proper facilities reduction of absenteeism in the organization. Absenteeism takes place when employees remain absent without prior permission.
8. Reduction in Labour Turnover:
________ helps to reduce Labour turnover in an organization. Labour turnover takes place when some employees leave the organization an other join in their place. Frequent labour turnover increase selection and training cost.
9. Higher Efficiency:
________ is required to generate higher efficiency in the organizations. Efficiency is the relation between returns and costs. The more the return.
10. Better relationship:
________enables to developed good relation in the organization. There should be good relation between various people & departments working in the organization. Good relation generate team work, & bring success to the organization.
5)What is coordinating? Describe the importance of coordinating.
Ans: The Need and Importance of Management can be stated as follows:
1. Innovation:
__________ facilities innovation in the organization. Now a day, it is essential to generate new ideas, new products, new technology, etc. Innovation helps to face competition in today's competitive business world.
2. Corporate Image:
_________ enables the organization to enhance corporate image. This is because ________ helps to provide good quality goods & services to the customers. Therefore, proper ________ is required to develop good corporate image or goodwill of the organization.
3. Team Work:
_________ develops team spirit in the organization. It is the team works that bring success to organization. There is a need for team work between the various people and departments work is important to bring success in the organization.
4. Optimum Use of Resources:
______ facilitates optimum use of resources in the organisation. There is efficient use of various resources such as men, money, material etc. Optimum use of resources brings good results to the organisation.
5. Motivation:
_________ enables to motivate of the employees in the organisation. Motivated employees work with application and dedication. This dedication on the part of motivated work force brings higher efficiency in the organization. Therefore, proper management is required to generate motivation in the employees.
6. Reduction in wastage:
_________ ensures reduction of wastage in the organization. Now-a- days, reduction in wastage brings higher return to the organization. Reduction in wastages is important to any organization. Reduction in wastage brings higher return to the organization.
7. Reduction in Absenteeism:
_______ Proper facilities reduction of absenteeism in the organization. Absenteeism takes place when employees remain absent without prior permission.
8. Reduction in Labour Turnover:
________ helps to reduce Labour turnover in an organization. Labour turnover takes place when some employees leave the organization an other join in their place. Frequent labour turnover increase selection and training cost.
9. Higher Efficiency:
________ is required to generate higher efficiency in the organizations. Efficiency is the relation between returns and costs. The more the return.
10. Better relationship:
________enables to developed good relation in the organization. There should be good relation between various people & departments working in the organization. Good relation generate team work, & bring success to the organization.
6)Define the term controlling and explain the importance of controlling.
Ans: The Need and Importance of Management can be stated as follows:
1. Innovation:
__________ facilities innovation in the organization. Now a day, it is essential to generate new ideas, new products, new technology, etc. Innovation helps to face competition in today's competitive business world.
2. Corporate Image:
_________ enables the organization to enhance corporate image. This is because ________ helps to provide good quality goods & services to the customers. Therefore, proper ________ is required to develop good corporate image or goodwill of the organization.
3. Team Work:
_________ develops team spirit in the organization. It is the team works that bring success to organization. There is a need for team work between the various people and departments work is important to bring success in the organization.
4. Optimum Use of Resources:
______ facilitates optimum use of resources in the organisation. There is efficient use of various resources such as men, money, material etc. Optimum use of resources brings good results to the organisation.
5. Motivation:
_________ enables to motivate of the employees in the organisation. Motivated employees work with application and dedication. This dedication on the part of motivated work force brings higher efficiency in the organization. Therefore, proper management is required to generate motivation in the employees.
6. Reduction in wastage:
_________ ensures reduction of wastage in the organization. Now-a- days, reduction in wastage brings higher return to the organization. Reduction in wastages is important to any organization. Reduction in wastage brings higher return to the organization.
7. Reduction in Absenteeism:
_______ Proper facilities reduction of absenteeism in the organization. Absenteeism takes place when employees remain absent without prior permission.
8. Reduction in Labour Turnover:
________ helps to reduce Labour turnover in an organization. Labour turnover takes place when some employees leave the organization an other join in their place. Frequent labour turnover increase selection and training cost.
9. Higher Efficiency:
________ is required to generate higher efficiency in the organizations. Efficiency is the relation between returns and costs. The more the return.
10. Better relationship:
________enables to developed good relation in the organization. There should be good relation between various people & departments working in the organization. Good relation generate team work, & bring success to the organization.
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