CBSE Class 12 Business Studies 2026: question 26(b)
Set in the CBSE Class 12 board exam of 2026, paper 66/5/1, section B, question 26(b), for 4 marks. Try it first; the hints and our step-by-step solution are below.
Q26(b) · 4 marks · Long answerNature and Significance of Management
State any four points of importance of management.
Source: official question paper from cbse.gov.in (PDF). See it in the full 2026 board paper, set 66/5/1.
Hints
Open one hint at a time and try again before the next.
Hint 1
Think of the organisation, the individual and society.
Hint 2
Management helps an organisation adapt to change.
Step-by-step solution
Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.
- 1 mark
Achieves group goals: It gives a common direction to individual efforts towards the overall goal.
- 1 mark
Increases efficiency: It reduces costs and increases productivity through better planning, organising, staffing, directing and controlling.
- 1 mark
Creates a dynamic organisation: It helps people adapt to change so the organisation keeps its competitive edge.
- 1 mark
Achieves personal objectives: Through motivation and leadership, members meet personal goals while contributing to the organisation. (Also: development of society.)
Answer: Any four: group goals, efficiency, dynamic organisation, personal objectives, development of society.
Where the marks are
- Any four points, 1 each (½ each if only listed)
Revise the chapter
- Chapter: Nature and Significance of Management (notes, formulas, where marks are lost and every past question)
- Topic: Importance of Management
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