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Business Studies · 2024 · 4 marks
CBSE 2024 · Region 1 · Set 1 · Q26
State any four characteristics of management.State any four functions performed by Top Level Management.
State any four characteristics of management.
State any four functions performed by Top Level Management.
Marking-scheme solution
Characteristics of management are:
(i)
Management is a goal-oriented process as it unites
the efforts of different individuals in the organisation
towards achieving these goals.
(ii)
Management is all pervasive function as its activities
are common to all organisations whether economic,
social or political.
(iii)
Management is multidimensional/complex as it
involves: Management of work, Management of
people and Management of operations.
(iv)
The process of management is a series of
continuous, composite but separate functions that are
simultaneously performed by all the managers all the
time.
(v)
Management is a group activity as it requires team
work and coordination of individual efforts in a
common direction towards fulfilling the common
organisational goal.
(vi)
Management is a dynamic function and has to adapt
itself to the changing environment.
(vii)
Management is an intangible force that cannot be
seen but its presence can be felt in the way the
organisation functions.
Q(b). State any four functions performed by Top Level
Management.
Functions performed by Top Level Management
are:
(i)
Their basic task is to integrate diverse elements and
coordinate the activities of different departments
according to the overall objectives of the
organisation.
(ii)
They are responsible for the welfare and survival of
the organisation.
(iii)
They analyse the business environment and its
implications for the survival of the firm.
(iv)
They formulate overall organisational goals and
strategies for their achievement.
(v)
They are responsible for all the activities of the
business and for its impact on society.
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CBSE Class 12 Business Studies past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.