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  • 1 answers

Sakshi Sharma 5 years, 2 months ago

New syllabus is given in the app
  • 2 answers

Sukhdeep Kaur ❤ 5 years, 2 months ago

Societal concept emphasises that order than satisfaction of customers, due importance should be given to the welfare of the customers and society.

Pallavi Gupta 5 years, 2 months ago

This concept intends to include social goal with need satisfaction
  • 2 answers

Aarti Aarti 5 years, 2 months ago

Unity of command

Astha Gupta 5 years, 2 months ago

Scalar chain....... Because their is no proper flow of information in case of informal organisation......... Where as scalar chain refers to proper flow of information from highest to lowest level of authority......
  • 1 answers

Nikita Jain 5 years, 2 months ago

Poverty line is a line which helps in differentiate between rich nd poor.
  • 2 answers

Sakshi Sharma 5 years, 2 months ago

Workers at lower level of management is most important

Astha Gupta 5 years, 2 months ago

Actually fayol focused on top level whereas Taylor focused on floor lever
  • 1 answers

Himani .. 5 years, 2 months ago

Activities must be completed in effective and efficient manner. Both must go hand in hand .effective means completing the work on time no matter whatever is the cost.efficiency means completing the work in cost effective manner.
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Aviral Bhandari 5 years, 2 months ago

Mangement is a art of getting things done with others effectively and effeciently

Sukhdeep Kaur ❤ 5 years, 2 months ago

Management is a process of getting things done with the aim of achieving goals effectively and efficiently.
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Yogita Ingle 5 years, 2 months ago

Nature of Management:

  • Universal Process: Wherever there exists human pursuit, there exists management. Without effective management, the intentions of the organisation cannot be accomplished.
  • The factor of Production: Equipped and experienced managers are necessary for the utilization of funds and labour.
  • Goal-Oriented: The most significant aim of all management pursuit is to achieve the purposes of a firm. The aims must be practical and reachable.
  • Supreme in Thought and Action: Managers set achievable goals and then direct execution on all aspects to achieve them. For this, they need complete assistance from middle and lower degrees of management.
  • The system of Authority: Well-defined principles of regulation, the regulation of proper power and efficiency at all degrees of decision-making. This is important so that each self must perform what is required from him or her and to whom he must report.
  • Profession: Managers require to control managerial expertise and education, and have to adhere to a verified law of demeanour and stay informed of their human and social responsibilities.
  • Process: The management method incorporates a range of activities or services directed towards an object.
  • 1 answers

Tiya Pakhi 5 years, 2 months ago

Ghifhnnv
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  • 1 answers

Yogita Ingle 5 years, 2 months ago

Unorganised consumer groups - To protect their interests, consumers should create consumer groups and establish organisations and work towards ensuring their protection against any form of exploitation.

  • 1 answers

Astha Gupta 5 years, 2 months ago

Yes, we are agree because of the following reason:- 1- it reduces creativity 2- it may not work in dynamic environment 3- it does not guarantee success.
  • 2 answers

Abhijeet Singh Chauhan 5 years, 2 months ago

How can i clear my concept?

Simranjot Kaur 5 years, 2 months ago

No, cramming is not helpful for case studies. Case studies can be solved only when u know the concept
  • 1 answers

Sia ? 5 years, 2 months ago

Delegation of Authority means division of authority and powers downwards to the subordinate. Delegation is about entrusting someone else to do parts of your job. Delegation of authority can be defined as subdivision and sub-allocation of powers to the subordinates in order to achieve effective results.

  • 1 answers

Simranjot Kaur 5 years, 2 months ago

Advantages of internal recruitment can be written here 1 motivation of employees 2 helpfull in fulfilling organisational objectives 3 simpler nd cheaper process 4 transfer can solve the problem of surplus workforce 5. Increasing the efficiency of employees
  • 2 answers

Arnav Rathore 5 years, 2 months ago

Mental Revolution means change in attitude of workers and management from competition to cooperation.

Yogita Ingle 5 years, 2 months ago

According to Taylor, mental revolution means a complete transformation in the attitude between management and workers. Both should realize that they need each other.

  • 2 answers

Arnav Rathore 5 years, 2 months ago

Management is an art and an inexact science

Yogita Ingle 5 years, 2 months ago

Nature of Management:

  • Universal Process: Wherever there exists human pursuit, there exists management. Without effective management, the intentions of the organisation cannot be accomplished.
  • The factor of Production: Equipped and experienced managers are necessary for the utilization of funds and labour.
  • Goal-Oriented: The most significant aim of all management pursuit is to achieve the purposes of a firm. The aims must be practical and reachable.
  • Supreme in Thought and Action: Managers set achievable goals and then direct execution on all aspects to achieve them. For this, they need complete assistance from middle and lower degrees of management.
  • The system of Authority: Well-defined principles of regulation, the regulation of proper power and efficiency at all degrees of decision-making. This is important so that each self must perform what is required from him or her and to whom he must report.
  • Profession: Managers require to control managerial expertise and education, and have to adhere to a verified law of demeanour and stay informed of their human and social responsibilities.
  • Process: The management method incorporates a range of activities or services directed towards an object.
  • 2 answers

Astha Gupta 5 years, 2 months ago

Positive effects are:- 1- it helps to reduce confusion in the organisation as there is one head for one plan. 2:-it improves the efficiency of the workers.

Yogita Ingle 5 years, 2 months ago

It implies that there should be one head and one plan for a group of activities having the same objectives.
Two positive effects are:
(i) It ensures unity of action among various groups.
(ii) It helps in coordination.

  • 2 answers

Legend Vishnu 5 years, 2 months ago

Explain all the points of primary market

Sanjana Sahu 5 years, 2 months ago

More of current assets over current liability is the net working capital.
  • 4 answers

Astha Gupta 5 years, 2 months ago

In very simple words management can be defined as getting work done through others. And Effectiveness means the ability of an organisation to complete the task on TIME. Whereas Efficiency means the ability of an organisation to make use of resources in the best way by using less input generating more output........

Sanjana Sahu 5 years, 2 months ago

Management is the process of doing things with the aim of achieving goals effectively and efficiently. Effectiveness means doing task and completing it. Whereas efficiency means doing the task by incurring the minimum cost .For a good manager, doing tasks both effectively and efficiently is must.

Preet Kaur 5 years, 2 months ago

Management is a process

Aman Patel 5 years, 2 months ago

Effectiveness is for time

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