Commerce Exam > Commerce Notes > Business Studies (BST) Class 12 > PPT - Nature and Significance of Management
PPT - Nature and Significance of Management | Business Studies (BST) Class 12 - Commerce PDF Download
| Download, print and study this document offline |
Please wait while the PDF view is loading
Page 2 ?Management is a universal concept. ?Used in every type of organisation (for profit or not for profit). ?Management is required in all sectors (manufacturing or service) ?Success of an organisation depends on successful functioning of management. Page 3 ?Management is a universal concept. ?Used in every type of organisation (for profit or not for profit). ?Management is required in all sectors (manufacturing or service) ?Success of an organisation depends on successful functioning of management. ?Consider a GOVERNMENT without these: ?A prime minister ?Set of rules & regulation ?Legal boundaries Page 4 ?Management is a universal concept. ?Used in every type of organisation (for profit or not for profit). ?Management is required in all sectors (manufacturing or service) ?Success of an organisation depends on successful functioning of management. ?Consider a GOVERNMENT without these: ?A prime minister ?Set of rules & regulation ?Legal boundaries Management is a “PROCESS” of designing & maintaining an environment in which individuals work together with the aim of achieving goals EFFECTIVELY & EFFICIENTLY. Page 5 ?Management is a universal concept. ?Used in every type of organisation (for profit or not for profit). ?Management is required in all sectors (manufacturing or service) ?Success of an organisation depends on successful functioning of management. ?Consider a GOVERNMENT without these: ?A prime minister ?Set of rules & regulation ?Legal boundaries Management is a “PROCESS” of designing & maintaining an environment in which individuals work together with the aim of achieving goals EFFECTIVELY & EFFICIENTLY. ?Management is a process. ?Management requires effective performance. ?Management needs efficiency. ?Effectiveness = aims to achieve the goals within time. ?Efficiency = optimum utilisation of resources to achieve the goals.Read More
|
53 videos|208 docs|49 tests
|
FAQs on PPT - Nature and Significance of Management - Business Studies (BST) Class 12 - Commerce
| 1. What is the nature of management? |  |
Ans. The nature of management refers to the characteristics and features that define the discipline of management. It includes elements such as planning, organizing, leading, and controlling to achieve organizational goals and objectives. Management is a dynamic process that involves decision-making, coordination, and integration of resources to maximize efficiency and effectiveness.
| 2. Why is management significant in commerce? | |
Ans. Management plays a crucial role in commerce as it helps businesses achieve their objectives and maximize profits. It provides a framework for effective decision-making, resource allocation, and coordination of various activities within an organization. Effective management ensures efficient utilization of resources, motivates employees, and adapts to changing business environments, which are essential for success in commerce.
| 3. What are the key functions of management? | |
Ans. The key functions of management are planning, organizing, leading, and controlling. Planning involves setting goals, determining strategies, and developing action plans. Organizing involves arranging resources and activities to achieve objectives. Leading involves influencing and motivating employees to work towards organizational goals. Controlling involves monitoring performance, comparing it with standards, and taking corrective actions as necessary.
| 4. How does management contribute to organizational success? | |
Ans. Management contributes to organizational success by ensuring efficient and effective utilization of resources, coordinating activities, and making informed decisions. It provides direction and guidance to employees, fosters teamwork, and promotes a positive work environment. Effective management helps in adapting to changes, seizing opportunities, and overcoming challenges, which are crucial for achieving organizational goals and maintaining a competitive edge.
| 5. What are the challenges faced by modern managers in commerce? | |
Ans. Modern managers in commerce face various challenges, including globalization, rapid technological advancements, changing customer preferences, and intense competition. They need to adapt to diverse cultural environments, manage virtual teams, and embrace digital transformation. Additionally, they must navigate ethical dilemmas, handle complex supply chains, and address sustainability concerns. Successful managers in commerce need to be agile, innovative, and capable of managing change effectively.
About this Document
|
5.1K Views |
|
4.62/5 Rating |
|
Nov 23, 2024 Last updated |
Document Description: PPT - Nature and Significance of Management for Commerce 2024 is part of Business Studies (BST) Class 12 preparation.
The notes and questions for PPT - Nature and Significance of Management have been prepared according to the Commerce exam syllabus. Information about PPT - Nature and Significance of Management covers topics
like and PPT - Nature and Significance of Management Example, for Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for PPT - Nature and Significance of Management.
Introduction of PPT - Nature and Significance of Management in English is available as part of our Business Studies (BST) Class 12
for Commerce & PPT - Nature and Significance of Management in Hindi for Business Studies (BST) Class 12 course.
Download more important topics related with notes, lectures and mock test series for Commerce
Exam by signing up for free. Commerce: PPT - Nature and Significance of Management | Business Studies (BST) Class 12 - Commerce
Description
Full syllabus notes, lecture & questions for PPT - Nature and Significance of Management | Business Studies (BST) Class 12 - Commerce - Commerce | Plus excerises question with solution to help you revise complete syllabus for Business Studies (BST) Class 12 | Best notes, free PDF download
Information about PPT - Nature and Significance of Management
In this doc you can find the meaning of PPT - Nature and Significance of Management defined & explained in the simplest way possible. Besides explaining types of
PPT - Nature and Significance of Management theory, EduRev gives you an ample number of questions to practice PPT - Nature and Significance of Management tests, examples and also practice Commerce
tests
|
Explore Courses for Commerce exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
Sample Paper
,Exam
,PPT - Nature and Significance of Management | Business Studies (BST) Class 12 - Commerce
,PPT - Nature and Significance of Management | Business Studies (BST) Class 12 - Commerce
,Free
,study material
,shortcuts and tricks
,video lectures
,Semester Notes
,Previous Year Questions with Solutions
,PPT - Nature and Significance of Management | Business Studies (BST) Class 12 - Commerce
,Extra Questions
,Summary
,past year papers
,mock tests for examination
,Objective type Questions
,Important questions
,MCQs
,practice quizzes
,ppt
,Viva Questions
;
Additional Information about PPT - Nature and Significance of Management for Commerce Preparation
PPT - Nature and Significance of Management Free PDF Download
The PPT - Nature and Significance of Management is an invaluable resource that delves deep into the core of the Commerce exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the PPT - Nature and Significance of Management now and kickstart your journey towards success in the Commerce exam.
Importance of PPT - Nature and Significance of Management
The importance of PPT - Nature and Significance of Management cannot be overstated, especially for Commerce aspirants.
This document holds the key to success in the Commerce exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
PPT - Nature and Significance of Management Notes
PPT - Nature and Significance of Management Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to PPT - Nature and Significance of Management.
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, PPT - Nature and Significance of Management Notes on EduRev are your ultimate resource for success.
PPT - Nature and Significance of Management Commerce Questions
The "PPT - Nature and Significance of Management Commerce Questions" guide is a valuable resource for all aspiring students preparing for the
Commerce exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study PPT - Nature and Significance of Management on the App
Students of Commerce can study PPT - Nature and Significance of Management alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the PPT - Nature and Significance of Management,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of PPT - Nature and Significance of Management is prepared as per the latest Commerce syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup