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Q.Management also involves quick and correct decisions. Is this statement true or false?

Uttarakhand UbseUttarakhand Board Intermediate (Commerce) 2022Subjective· 1mImportance★★★★★
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True — decision-making, including quick and correct decisions, is an inherent part of what management does.

Management involves planning, organising, staffing, directing and controlling — and every one of these functions requires a manager to choose among alternatives. In real business situations (a machine breakdown, a sudden order, a complaint, a market shift) delay itself has a cost, so a manager must often decide quickly; but speed without soundness is reckless, so the decision must also be correct — grounded in facts, experience, and the objective of the organisation. This du …

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