Home › Karnataka PUC II › businessstudies › nature_and_significance_of_management › Which of the following is the BEST definition of…
Which of the following is the BEST definition of management?
AA series of unrelated activities performed by workers
BThe process of getting things done with the aim of achieving organisational goals effectively and efficiently
COnly the act of giving orders to subordinates
DProducing goods for sale in the market
Answer & Solution
Correct answer: B. The process of getting things done with the aim of achieving organisational goals effectively and efficiently
Management is the process of getting things done with the aim of achieving organisational goals — effectively (right tasks) and efficiently (least cost).
Related questions
Which scenario BEST illustrates that management is needed even in NON-business organisatioWhich combination correctly pairs a management function with its primary purpose?In the GE example, Jack Welch's emphasis on 'create a vision' and 'focus on strategic issuWhich of the following statements about management as a profession is MOST accurate per thWhich set CORRECTLY lists the three broad categories of objectives of management discussedWhich one of the following is an objective of management classified as a SOCIAL objective?Which characteristic of management is illustrated when a sales manager and a production maOperational management is concerned with