Nature and Significance of Management: Class 12 Business Studies (MP Board) important questions and practice
Nature and Significance of Management is chapter 1 of 12 in MP Board Class 12 Business Studies. Below are the topics the paper draws from, the question types that come up again and again, and a free practice test on this chapter alone.
Topics in this chapter
- Management: concept, objectives (organisational, social, personal) and importance
- Management as an art, science and profession
- Levels of management: top, middle, operational
- Functions of management: planning, organising, staffing, directing, controlling
- Coordination: the essence of management, its characteristics and importance
What examiners usually ask
- 'Management is a science as well as an art.' Justify the statement
- Explain the functions of middle level management
- Why is coordination called the essence of management? Explain any four characteristics of coordination
Exam tip
For 'management as a profession' always conclude that it does not fully meet the criteria (no restricted entry, no mandatory code), and for coordination link it to all five functions and all three levels, which is what the 'essence' answer requires.
Nature and Significance of Management on other boards and exams
Frequently asked questions
What are the important questions from Nature and Significance of Management for MP Board Class 12?
The question types listed above repeat most often in MP Board Class 12 Business Studies papers for this chapter. Practise them with the chapter test and then attempt them inside a full previous-year paper under time.
Is Nature and Significance of Management in the MP Board Class 12 Business Studies syllabus?
Yes. Nature and Significance of Management is part of the current MP Board Class 12 Business Studies syllabus, as listed on this site from the prescribed textbook.
Can I practise Nature and Significance of Management MCQs in Hindi?
Yes. The chapter test and explanations are available in Hindi and English, with an AI doubt solver for any question.