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Business Studies · 2024 · 3 marks
CBSE 2024 · Region 4 · Set 1 · Q21
Three friends, Aman, Ashish and Ashi after completing their MBA from a reputed management institute, formed a start up named ‘Solutions’. The goal of…
Three friends, Aman, Ashish and Ashi after completing their MBA from a
reputed management institute, formed a start up named ‘Solutions’. The
goal of the start up was to make a social and environmental impact
through its services. ‘Solutions’ supports social business ideas to improve
living conditions in slums of Mumbai. As all the three friends are
specialised in social work, they adopted three different slums of Mumbai
and started educating the slum dwellers in their own creative manner.
Aman used ‘playway method’, Ashish used ‘music’ as a method of learning
while Ashi used ‘activity based method of learning’. They used basic
knowledge in their unique manner and were able to educate the slum
dwellers.
It implies that skillful and personal application of acquired knowledge
varies from individual to individual in achieving desired results.
(a)
Identify and state the nature of management discussed in the above
case.
(b)
Quoting lines from the above para, state any two features of nature
of management identified in (a) above.
Marking-scheme solution
(a)
Management as an Art
Art refers to skillful and personal application of existing knowledge to
achieve desired results.
(b)
Features of Management as an Art:
(i)
Personalised Application:
“They used basic knowledge in their unique manner and were able to
educate the slum dwellers.”
OR
“skillful and personal application of acquired knowledge varies from
individual to individual”
A manager applies this acquired knowledge in a personalised and
skillful manner in the light of the realities of a given situation.
(ii)
Based on Practice and creativity:
“they adopted three different slums of Mumbai and started educating
the slum dwellers in their own creative manner.”
A good manager works through a combination of practice, creativity,
imagination, initiative and innovation.
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CBSE Class 12 Business Studies past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.