Question:

Management in India is

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In developing countries, management is always a necessity to tackle resource scarcity and ensure growth.
  • necessary
  • unnecessary
  • luxury
  • none of these
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The Correct Option is A

Solution and Explanation

Step 1: Understanding India’s context.
India is a developing country with a large population, limited resources, and growing industries.
For proper allocation of resources and achieving economic development, management plays a vital role.
Step 2: Why management is necessary in India.
- It ensures maximum utilization of scarce resources.
- It helps industries face global competition.
- It improves productivity and efficiency.
- It creates employment by developing industries.
For example, the IT sector in India is successful because of strong management practices, not by chance.
Step 3: Evaluating the options.
- (A) necessary: Correct, management is an absolute necessity for India’s growth.
- (B) unnecessary: Wrong, because management is vital.
- (C) luxury: Wrong, management is not a luxury, it is essential.
- (D) none of these: Wrong, since (A) is correct.
Step 4: Conclusion.
Management in India is a necessity, not a luxury, because it ensures development, efficiency, and modernization.
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