CBSE 2025, BS Set 1

Question

Explain the following characteristics of Management:

(i) Management is a dynamic function.

(ii) Management is a group activity.

Edvaya · Accepted Answer

The correct answer is Subjective. **(i) Management is a dynamic function:**
Management is not static; it must continuously adapt and respond to changes in the internal and external environment. Social, economic, political, technological, and legal environments keep changing, and management must modify its objectives, strategies, and methods accordingly. For example, changes in consumer preferences or new technologies require management to update its plans and approaches. This adaptability makes management a dynamic and evolving function.

**(ii) Management is a group activity:**
Management involves working with and through a group of people to achieve organisational goals. No single individual can accomplish the objectives of an organisation alone — it requires collective effort. Management coordinates the efforts of multiple individuals across departments, ensures collaboration, and channels the combined energy of the group toward a common purpose. The success of management depends on the team's performance, not just that of one person.

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Business Studies > Principles And Functions Of Management > Nature And Significance Of Management

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