Organisation of Commerce and Management · Class 11 Commerce
Ch 8Introduction to Management — Class 11 Organisation of Commerce and Management, concept-first.
Every organisation, whatever it produces or sells, needs someone to decide what to do, arrange the people and resources to do it, and see that it actually gets done well.
Key concepts
Hover a concept to preview it and jump to its most relevant Q&A.
Meaning and Definition of Management
Management is the process of getting things done, through and with people, by efficiently using an organisation's resources to achieve its goals.
Most relevant Q&A
Chapter contents
The NCERT structure, section by section. Open a section to see its questions, then read the concept-first solution.
Overview
Every organisation, whatever it produces or sells, needs someone to decide what to do, arrange the people and resources to do it, and see that it actually gets done well.
Meaning and Definition of Management
In the simplest possible terms, management is the process of getting things done, through and with people, by efficiently using the organisation's resources to achieve its goals.
Characteristics of Management
Management, across every kind of organisation it is found in, consistently shows the same set of core characteristics:
Management as Science, Art, and Profession
A long-running debate among management writers asks: is management really a science, an art, or a profession? The honest answer is that management shows genuine characteristics of all three, without b…
Importance of Management
Management matters to every organisation for several concrete reasons:
Levels of Management
In any organisation of reasonable size, management is not one single, uniform job — it is organised into a hierarchy of levels, each with a different mix of responsibilities.
A Preview of the Functions of Management
What does a manager, at any level, actually spend their time doing? Management writers group a manager's work into a set of core functions.
Administration vs Management
The words "administration" and "management" are often used loosely as if they mean the same thing, but the classic distinction taught in this unit separates them by the LEVEL and TYPE of work involved…
More questions
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- Q1Management can best be described as the process of: (a) Working alone to complete a task as quickly as possible (b) Getting things done thro…Free
- Q2A manager who reaches the sales target for the month but wastes a large amount of budget doing so is: (a) Both efficient and effective (b) E…Free
- Q3Which characteristic of management explains why even a small NGO, a hospital, and a large manufacturing company all need management? (a) Man…Free
- Q4Management is often called 'multidisciplinary' because it: (a) Is practised only by people with multiple university degrees (b) Draws knowle…Preview
- Q5The view that management is a science is best supported by the fact that: (a) Management principles always produce identical results in ever…Preview
- Q6Management is considered an 'emerging profession' rather than a full-fledged profession like law or medicine mainly because: (a) No manageme…Preview
- Q7Which of the following is NOT generally listed as an importance/benefit of management? (a) Achieving group goals through coordinated effort…Preview
- Q8A branch manager who translates the company's annual policy into a detailed quarterly plan for their branch, and coordinates the work of the…Preview
- Q9As a manager moves from the lower/supervisory level to the top level, the relative importance of which skill generally INCREASES the most? (…Preview
- Q10Deciding an organisation's overall objectives and broad policy is generally associated with which term, as distinguished from the term for p…Preview