Question no 7: How does Henry Fayol define management, and what are the key components in his definition?
Answer: According to Henry Fayol, "To manage is to forecast and to plan, to organize, to command, to coordinate, and to control." This definition highlights key components such as forecasting, planning, organizing, commanding, coordinating, and controlling as integral aspects of the managerial process.
Question no 8: How do efficiency and effectiveness differ in the context of management, and what are the key aspects associated with each?
Answer: In the context of management, efficiency involves getting work done with a minimum of effort, expense, or waste, and it emphasizes doing the thing right for the most output with the least input. On the other hand, effectiveness pertains to accomplishing tasks that help fulfill organizational objectives, emphasizing doing the right things. So, while efficiency focuses on minimizing resources, effectiveness emphasizes achieving organizational goals.
Question no 9: How would you describe management as a process, and what are the primary functions involved?
Answer: Management is an ongoing process conducted by managers who plan, organize, direct, and unify efforts to accomplish tasks. The primary functions include planning, organizing, directing, and coordinating activities to achieve organizational objectives.
Question no 10: Why is the social nature of management significant, and how does it impact organizational dynamics?
Answer: Management relies on people, emphasizing human cooperation and support. The social nature of management fosters collaboration, effective communication, and teamwork, influencing positive organizational dynamics.
Question no 11: What is the key focus of management in terms of achieving results, and how is it action-oriented?
Answer: Management is action-oriented, focused on achieving results through practical actions. It involves guiding and motivating subordinates to ensure tasks are accomplished efficiently and effectively.
Question no 12: How does management ensure unity and harmony within an organization, and why is coordination a crucial aspect?
Answer: Management emphasizes group activity, coordinating collective efforts to meet objectives. Coordination ensures unity and harmony, requiring effective communication and collaboration among team members for successful goal attainment.
