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Business Studies · 2025 · 6 marks
CBSE 2025 · Region 1 · Set 3 · Q31
(a) Explain any three points of importance of management.
(a)
Explain any three points of importance of
management.
OR
(b)
Explain the following principles of general
management:
(i)
Division of work
(ii)
Authority and Responsibility
(iii)
Discipline
Marking-scheme solution
Importance of management:
(i)
Management helps in achieving group goals.
(ii)
Management increases efficiency.
(iii)
Management creates a dynamic organisation.
(iv)
Management helps in achieving personal objectives.
(v)
Management helps in the development of society.
(i)
Division of Work
§ The principle of Division of work suggests that work can be
performed more efficiently if it is divided into specialised
tasks. The intent of division of work is to produce more and
better work for the same effort.
§ A trained specialist who is competent, is required to perform
each job leading to specialization which results in efficient
and effective output.
(ii)
Authority and Responsibility
§ The principle of Authority and Responsibility suggests that
managers require authority commensurate with their
responsibility.
§ An organisation should build safeguards against abuse of
managerial power. At the same time, a manager should have
necessary authority to carry out his responsibility.
(iii)
Discipline
§ It is the obedience to organizational rules and employment
agreement which are necessary for the working of the
organization.
§ It requires good superiors at all levels, clear and fair
agreement and judicious application of penalties.
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CBSE Class 12 Business Studies past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.