Read and download CBSE Class 12 Business Studies Nature and Significance Of Management in NCERT book for Class 12 Business Studies. You can download latest NCERT eBooks chapter wise in PDF format free from Studiestoday.com. This Business Studies textbook for Class 12 is designed by NCERT and is very useful for students. Please also refer to the NCERT solutions for Class 12 Business Studies to understand the answers of the exercise questions given at the end of this chapter
NCERT Book for Class 12 Business Studies Chapter 1 Nature and Significance of Management
Class 12 Business Studies students should refer to the following NCERT Book Chapter 1 Nature and Significance of Management in Class 12. This NCERT Book for Class 12 Business Studies will be very useful for exams and help you to score good marks
Chapter 1 Nature and Significance of Management NCERT Book Class 12
Chapter – I
Nature & Significance Of Management
Explain the term ”management” in brief?–
- Management is coordinating all the resources of an organization through the process of controlling, organising, motivating and planning (COMP) in order to achieve its goals. This process starts at the top and continues in more or less degree at every level of the organization.
State any two characteristic features of management?
Distinct activity:
- Management is a distinct activity, which consists of communicating, organizing, motivating, planning, leading, staffing, controlling, decision making, etc.
- It can be studied, experimented and practiced.
Intangible: Management is intangible i.e. it cannot be seen but it can be felt through the performance of the workers. Mismanagement if any is quickly noticed and is a sign of poor management. While efficient management reflects the efforts of the workers.
Explain briefly any two OBJECTIVES OF MANAGEMENT –
Organizational objectives:
- The primary organizational objective of the management of any business should be to attain maximum output with minimum resources and least wastage.
- This generates high profits, reduces costs and maximizes prosperity.
Individual objectives:
- Each employee that joins an organization wants to satisfy his individual objectives, which means he would like to have good salary, develop his personality, get peer and social recognition. If his individual objectives are not satisfied, he will lose interest in his work and performance of organizational objectives may suffer.
- Hence while formulating corporate objectives, management should also consider individual objectives
Briefly explainMANAGEMENT AS A PROCESS. – 2 marks Marking scheme
- Management is regarded as a process because it consists of -
Setting up objectives for an enterprise; and
Taking a series of steps such as planning, coordinating, directing,
organizing and staffing (PC-DOS) to ensure that these objectives are achieved.
- This process starts at the top and continues in more or less degree at every level of the organization.
Please refer to attached file for CBSE Class 12 Business Studies Nature & Significance Of Managements
| CBSE Class 12 Business Studies Nature and Significance Of Management |
| NCERT Class 12 Business Studies Nature And Significance Of Management |
| CBSE Class 12 Business Studies Principles Of Management |
| NCERT Class 12 Business Studies Principles Of Management |
| CBSE Class 12 Business Studies Business Environment |
| NCERT Class 12 Business Studies Business Environment |
| CBSE Class 12 Business Studies Organising |
| NCERT Class 12 Business Studies Organising |
| CBSE Class 12 Business Studies Directing |
| NCERT Class 12 Business Studies Directing |
| CBSE Class 12 Business Studies Controlling |
| NCERT Class 12 Business Studies Controlling |
| CBSE Class 12 Business Studies Financial Management |
| NCERT Class 12 Business Studies Financial Markets |
| NCERT Class 12 Business Studies Marketing |
| CBSE Class 12 Business Studies Consumer Protection Part A |
| CBSE Class 12 Business Studies Consumer Protection Part B |
| NCERT Class 12 Business Studies Consumer Protection |
| NCERT Class 12 Business Studies Entrepreneurship Development |
Business Studies NCERT Book Class 12 Chapter 1 Nature and Significance of Management
The above NCERT Books for Class 12 Business Studies Chapter 1 Nature and Significance of Management have been published by NCERT for latest academic session. The textbook by NCERT for Chapter 1 Nature and Significance of Management Business Studies Class 12 is being used by various schools and almost all education boards in India. Teachers have always recommended students to refer to Chapter 1 Nature and Significance of Management NCERT etextbooks as the exams for Class 12 Business Studies are always asked as per the syllabus defined in these ebooks. These Class 12 Chapter 1 Nature and Significance of Management book for Business Studies also includes collection of question. We have also provided NCERT solutions for Class 12 Business Studies which have been developed by teachers of StudiesToday.com after thorough review of the latest book and based on pattern of questions in upcoming exams for Class 12 students.
NCERT Book Class 12 Business Studies Chapter 1 Nature and Significance of Management
The latest NCERT book for Chapter 1 Nature and Significance of Management pdf have been published by NCERT based on the latest research done for each topic which has to be taught to students in all classes. The books for Class 12 Business Studies Chapter 1 Nature and Significance of Management are designed to enhance the overall understanding of students. All Class 12 NCERT textbooks have been written in an easy to understand language which will help to enhance the overall level of Class 12 students.
Chapter 1 Nature and Significance of Management NCERT Book Class 12 Business Studies
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Class 12 Business Studies Chapter 1 Nature and Significance of Management NCERT Book
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Class 12 Chapter 1 Nature and Significance of Management NCERT Book Business Studies
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