Business Studies Class 12 Notes
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CHAPTER 1 NATURE AND SINGFICANCE OF MANAGEMENT Que. Define the term ‘Management’. Management is used to mean the group of persons who manage the organisation. It is needed every time and in every activity. It is not only confined to business organisations but also in organisations such as government, religious, charitable bodies etc.- Traditional definition: According to the traditional view “Management is getting things done through others”. This is incomplete as it treats the employees as mere means to achieve the goals of the organisation.
Business Studies Notes For Class 12
Click to share on WhatsApp (Opens in new window) Click to share on Facebook (Opens in new window) Click to share on Google+ (Opens in new window). Business Studies is a very important subject for commerce stream students. Students are stressed before exams because of the lengthy syllabus and its revision. That's why we provide CBSE Revision Notes for class 12 Business Studies for your goo.
Business Studies Class 12 Notes Pdf
Needs and demands of the employees of the organisation are overlooked. Teri yade mulakate song download. Modern definition: According to the modern view “Management is creating the internal environment of an organization where employees working together in groups can perform efficiently towards the achievement of the goals.
On this basis Management is goal oriented and involves creating an internal atmosphere so that group goals can be achieved. “A successful enterprise has to achieve its goals effectively and efficiently.” Explain. Management has been defined as a process of getting things done with the aim of achieving goals effectively and efficiently Being effective or doing work effectively basically means finishing the given task. Effectiveness in management is concerned with doing the right task, completing activities and achieving goals. In other words, it is concerned with the end result.
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