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Consider the following statements regarding management functions and skills: Which of the above statements is/are correct?

  1. Henry Fayol identified "command" as a managerial activity that involves determining the basic operating and financial structure of the organization.
  2. Top-level managers primarily require strong technical skills, as their role is largely concerned with the direct execution of tasks.
  3. Human skills are equally important at all levels of management because they involve the ability to work well with people, irrespective of the management hierarchy.

    ANone of these

    Biii only

    CAll

    Di, iii

    Answer:

    B. iii only

    Read Explanation:

    • Henry Fayol identified "command" as a managerial activity, but determining the basic operating and financial structure is characteristic of the planning function, which is a key responsibility of top-level management.

    • Top-level managers primarily require strong conceptual skills for strategic planning and viewing the organization as a whole. Technical skills are more crucial for lower-level managers.


    Related Questions:

    An organization's structure is designed with a clear chain of command, where a manager at a middle level reports to one superior, who in turn reports to another, all the way up to the top executives. This arrangement is a direct manifestation of which two of Henry Fayol's principles?
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    Consider the following statements regarding the distinction between management and administration based on the provided text: Which of the above statements is/are correct?

    1. Management is a "doing function" primarily concerned with implementing policies, while administration is a "decision-making function" that formulates objectives and policies
    2. Administration is applicable to profit-making organizations, whereas management is more concerned with non-profit organizations like clubs or government departments.
    3. The skill required for administration is primarily conceptual and human skills, while management relies on technical and human skills.

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      1. A profession is a highly specialized field requiring technical skills, but not necessarily a formal body of knowledge.
      2. Management has been historically viewed as a profession but has become less so over time due to the influence of various scientific theories.
      3. The rise of management as a profession has led to a separation of ownership and management, where managers, who are not necessarily owners, are hired to run the organization based on their expertise.
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