Download App

Nature and Significance of Management — Business Studies STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceBusiness StudiesNature and Significance of Management1 Mark
Question
'Management is the systematised body of knowledge that explains certain general truths'. Explain.
✓

Answer

Management is a science. It is a systematized body of knowledge, which explains certain general truths and it is based on logical observation, of facts and events.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from Nature and Significance of Management→Nature and Significance of Management — all question types→Business Studies STD 12 Commerce question papers→CBSE Board STD 12 Commerce question papers→CBSE Board question paper generator→

Similar questions

State the role of ‘Inspector’ in functional foremanship.
→
What is favourable financial leverage?
→
Why is motivation taken as a complex process?
→
Under which source of recruitment do employees get motivated?
→
What is operating cycle?
→
Growing company should adopt which policy; centralised or decentralised.
→
Is organisational structure essential to provide relationship between various positions in the organisation?
→
The scope of Consumer Protection Act has widened. Explain, how?
→
“Management increases efficiency” How?
→
It refers to the use of scientific methods in decision making to resolve management problems rather than depending on rule of thumb or trial and error methods. Name it.
→