Business Studies Class 12 Worksheet Chapter 1 Nature and Significance of Management

Chapter-1, Nature and Significance of Management

Worksheet 

1. Fill in the blanks: 

1. ____ focuses on achieving goals.

2. ____ focuses on reducing costs. 

2. Identify the features of management in each of these lines:

1. Managers in India do the same work as managers in USA or Japan.

2. Effect of management is noticeable in organisation where work is in order and employees are happy. 

3. Management requires team work and coordination of individuals efforts towards organisation goals.

4. Mc Donalds made major changes in their food menu to survive in Indian markets. 

5. The task of manager consists of ongoing series of functions. 

6. Every organisation has a set of goals. For example, goal of a retail store is to increase in its sales. 

7. Management is complex activity and it has three dimensions.

3. Identify the objectives in each of the statement given below:

1. Rooftop meetings, friendly coworkers and team-oriented environment are part of work culture of twitter. 

2. Starbucks aims at creating a product that is not only beneficial to its customers, but also to the environment.

3. An organisation needs to survive, earn profits and grow. 

4. Identify the point of importance of management in each of the statement given below:

1. The aim of manager is to reduce costs and increase productivity.

2. Management helps to provide good quality products and services and creating employment opportunities.

3. Management helps people to adapt to changes so that organisation is able to maintain its competitive edge.

4. The task of manager is to give common direction to individual effort in achieving overall goal of the organisation.

5. Through motivation and leadership, management helps to develop team spirit, cooperation and commitment to group success.

5. Identify the function of management in each of the statement given below:

1. Finding deviations between actual and planned performance:

2. Leading, influencing and motivating employees of organisation:

3. Recruitment, selection and training of personnel:

4. Bridging the gap between where we are and where we want to go:

5. Division of work, departmentalisation, assignment of tasks and creating reporting relationships:

6. State the level of management at which each of the following is working:

1. Operations manager:

2. Vice president:

3. Plant superintendent:

4. Foreman:

5. Section officer:

6. Marketing manager:

7. Division head:

7. Identify point of importance of coordination in each of the following:

1. Coordination is required to reconcile the differences in approach, opinion and interest of different specialists. 

2. It is important to harmonise individual goals and organisational goals through coordination.

3. The process of linking the activities of different departments is accomplished by coordination.

8. Identify the features of coordination in each of these lines:

1. It begins at planning stage and continues till controlling stage.

2. It acts as a binding force between departments.

3. It is required in all departments of an organisation.

4. It unifies diverse interests into purposeful work activity. 

9. "Management is a series of continuous interrelated functions”. Explain. 

10. Meera argues that management is an art but Shubham says that management is a science. What do you think who's right? Also, give reasons with their explanations. 

11. "Coordination is the essence of management." Explain the statement. 

12. Do you think management has the characteristics of a full-fledged profession? Give reasons.