Which of the following is true about Management principles?

Question

BlackTom AI · Accepted Answer

Question restatement: The prompt asks which statements about Management principles are true, with four options labeled a, b, c, and d, where option d is 'A and C'.

Option a: 'Leading is about motivating others to reach organisational goals.' This statement aligns with core management theory, which identifies leading as guiding people, inspiring effort, and coordinating actions toward achieving organizational objectives. Motivation and direction are central components of leading, so this option is accurate.

Option b: 'Deciding on a budget can be an example of organising.' Here, the claim is that budgeting is an act of organizing. In classic management functions, organizing involves arranging resources (people, tasks, structures, processes) to implement plans. Budgeting, while related to resource allocation, is typically considered a planning or controlling activity rather than organizing itself. The act of deciding on a budget is more about planning and control of resources than structuring or coordinating components, so this statement is misleading and generally considered false.

Option c: 'An organisation’s mission statement might need to be amended after the controlling stage.' Controlling involves comparing actual performance with planned targets and identifying deviations. If performance and external conditions reveal that the mission is no longer aligned with reality or strategy, updating the mission statement could be warranted. Although mission statements are intended to be stable, they can be revisited and revised in response to significant changes uncovered through control processes. Thus, this statement can be considered true, depending on context.

Option d: 'A and C.' This option asserts that both A and C are true. Given the analyses above, A is true because leading involves motivating toward goals, and C can be true in response to performance insights during control. Therefore, D correctly captures the combination of true statements.

Summary of why options are true or false, with diverse phrasing to illustrate the reasoning:
- A is true because leading encompasses motivating and directing people to achieve organizational aims; motivation and guidance are central to leadership.
- B is false because budgeting relates more to planning and controlling resource use than to the organizing function of structurally arranging resources.
- C is true in contexts where the mission needs realignment due to changed circumstances revealed during control; while not always necessary, the mission can be amended after evaluating performance.
- D is true if both A and C are true, as it asserts that both of those statements hold.

FNDN Management 2024 STD B

Which of the following is true about Management principles?

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