MANAGEMENT Flashcards

COM EXAM

1
Q

LEVELS OF MANAGEMENT

A
  1. Top Management
  2. Middle Management
  3. Lower/Operating/Supervisory Management
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2
Q

TOP MANAGEMENT

A
  1. to represent
  2. distribution
  3. direction and leadership
  4. to appoint
  5. to establish
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3
Q

MIDDLE MANAGEMENT

A
  1. plans and policies
    2.control
    3.integrate
    4.motivate
  2. rules and regulations
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4
Q

LOWER/ OPERATING/ SUPERVISORY MANAGEMENT

A
  1. feedback
  2. discipline
  3. day to day
  4. training and development
  5. to issue
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5
Q

CONCEPTS OF MANAGEMENT

A
  1. Management as an activity
  2. Management as an group
  3. Management as a discipline
  4. Management as a process
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6
Q

MANAGEMENT AS A PROCESS IMPLICATIONS

A
  1. interpersonal activity
  2. group activity
  3. goal oriented
  4. decisional activity
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7
Q

MANAGEMENT AS A GROUP TYPES OF MANAGERS

A
  1. Family managers
  2. Professional Managers
  3. Civil servant or IAS officers
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8
Q

MANAGEMENT AS A PROCESS IMPLICATIONS

A
  1. integrated process
  2. continuous process
  3. iterative process
  4. social process
  5. universal process
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9
Q

CHARACTERISTICS OF MANAGEMENT

A
  1. Management is creative
  2. Management is multidisciplinary
  3. Management is intangible
  4. Management is a social process
  5. Management is both science and art
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10
Q

NATURE OF MANAGEMENT

A
  1. Management as a science
  2. Management as an art
    3.Management as a profession
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11
Q

MANAGEMENT AS A SCIENCE QUALIFICATIONS

A
  1. systematized body of knowledge
  2. observations and experiments
  3. cause and effect relationship
  4. universal validity of principles
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12
Q

MANAGEMENT AS AN ART QUALIFICATIONS

A
  1. practical knowledge
  2. personal skills
  3. creativity
  4. perfection through practise
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13
Q

MANAGEMENT AS A PROFESSION QUALIFICATIONS

A
  1. Specialized body knowledge
  2. Formal education and training
  3. service motive
  4. statutory body
  5. code of conduct
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14
Q

OBJECTIVES OF MANAGEMENT

A
  1. quality products at fair prices
  2. improving image
  3. rightful decision making
  4. prosperity and growth
  5. profitability
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15
Q

IMPORTANCE OF MANAGEMENT

A
  1. achievement of group objective
  2. optimum utilization of resources
  3. minimization of cost
  4. higher standard of living
  5. generation of employment
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