CMA Foundation · Fundamentals of Business Economics and Management · Introduction to Management
Which feature of management is shown by the statement that a manager's decisions in a firm are meant to meet the goals of the enterprise, not the personal aims of the manager?
This shows that management is goal-oriented. Managerial decisions and efforts are directed at achieving the predetermined objectives of the organisation rather than personal aims. Management is not a one-time event, is not confined to top level, and is not primarily physical activity.
- AManagement is goal-orientedCorrect
- BManagement is a one-time event
- CManagement is limited to top level only
- DManagement is a physical activity
Explanation
Management is purposeful, as all its efforts aim at achieving predetermined organisational objectives. It is a continuous process, not one-time, and exists at all levels. It is mainly mental and coordinating, not physical work.
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