Unit-1: Management: Nature and Concept Flashcards
Q: What is the primary focus of management?
A: The primary focus of management is to get things done through the efforts of people and to optimize scarce resources to achieve organizational goals.
Q: What are the key functions of management?
A: The key functions of management include planning, organizing, staffing, directing, coordinating, and controlling.
Q: How does management relate to organizational goals?
Management helps in value addition and achieving the goals and objectives of the organization
Q: What is the significance of studying management?
Studying management is important for understanding organizational structures and systems, as well as for improving efficiency and effectiveness
Q: What does the term “management” encompass?
A: Management encompasses the nature, concept, scope, and significance of organizing, administration, and the various schools of thought in management.
Q: Who are some key contributors to management theory?
A: Key contributors include F.W. Taylor, Henry Fayol, and Elton Mayo
Q: What is the classical approach to management?
The classical approach to management focuses on efficiency and productivity, and it is still relevant in many manufacturing organizations today
Q: What is the role of communication in management?
A: Good communication is essential for effective management, as it facilitates coordination and understanding among team members
Q: How does management function as both a science and an art?
A: Management is considered both a science and an art because it involves systematic knowledge and principles, as well as creativity and interpersonal skills
Q: What is the importance of critical thinking in management?
A: Critical thinking is important in management for examining statements and practices critically, which leads to better decision-making
Q: What is the impact of social attitudes on productivity?
Social attitudes and relationships within work groups significantly influence productivity, as demonstrated in studies at the Hawthorne plant
Q: What is the purpose of time and motion studies in management?
Time and motion studies aim to eliminate wasteful movements and simplify jobs, thereby increasing efficiency and productivity
Q: How can management principles vary?
A: Management principles are not universal; they can vary based on the context and specific organizational needs
Q: What is the relationship between management and human behavior?
Management involves understanding and influencing human behavior to achieve organizational goals
Q: What is the significance of the question “Why do people work together and how?” in management?
A: This question addresses the fundamental principles of management and the dynamics of teamwork
