Question

Which of the following statements are true about management?
(A) Management is required at all levels of the organization.
(B) Management is only necessary for profit-making organizations.
(C) Management is a complex activity.
(D) Management is both an art and a science.
Choose the correct answer from the options given below:}

• A. (A), (B) and (D) only
• B. (A), (C) and (D) only
• C. (A), (B), (C) and (D)
• D. (B), (C) and (D) only

Hint:

Management is universal and applicable to both profit and non-profit organizations.

Answer 1

The Correct Option is B

Step 1: Understanding the Concept:
This question tests the general characteristics and nature of management.
Step 2: Detailed Explanation:
Evaluating the statements:
(A) Management at all levels: Management is pervasive; it is performed by every manager from the CEO to the supervisor. (True)
(B) Only for profit-making: Management is universal. It is needed in schools, hospitals, clubs, and government departments just as much as in business. (False)
(C) Complex activity: Management is multi-dimensional and deals with unpredictable human behavior and changing environments. (True)
(D) Art and Science: Management is a science because it has a systematic body of knowledge, and an art because it requires personal application and practice. (True)
Step 3: Final Answer:
Since (A), (C), and (D) are correct, option (B) is the right answer.