GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Systems approach of Management consists
A
Decision Making techniques
B
Information requirements
C
Communication methodology
D
All of the above
Explanation: 

Detailed explanation-1: -The general systems approach to management is mainly concerned with formal organisations and the concepts are relating to technique of sociology, psychology and philosophy. The specific management system includes the analysis of organisational structure, information, planning and control mechanism and job design, etc.

Detailed explanation-2: -By a systems approach to management is meant the study of a firm in its totality so that the men and material resources of the firm can be organized to realize the firm’s overall objectives as efficiently as possible.

Detailed explanation-3: -The different approaches of management are a) Classical approach b) Behavioral approach, c) Quantitative approach, d) Systems approach, e) Contingency approach.

Detailed explanation-4: -The five basic elements (or “considerations” in Churchman’s terms) are: (1) the total system objectives; (2) the system’s environment; (3) the resources of the system; (4) the components of the system, their activities, goals and measures of performance; and (5) the management of the system.

Detailed explanation-5: -There are four basic elements to the systems model: output, process, input, and feedback. Process represents the operations that occur to transform the inputs to the desired outputs. Inputs represent the basic materials or resources that will be transformed to the output. Feedback is the element of control.

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