Question : Statement 1: Management is a dynamic process.
Statement 2: Management is a static and unchanging concept.
Option 1: Both statements are true
Option 2: Both are incorrect
Option 3: Statement 1 is true, and Statement 2 is false.
Option 4: Statement 1 is false, and Statement 2 is true.
Correct Answer: Statement 1 is true, and Statement 2 is false.
Solution : The correct answer is (c) Statement 1 is true, and Statement 2 is false.
Statement 1 is true because management is indeed a dynamic process. It involves continuously adapting to changing circumstances, making adjustments, and responding to new challenges and opportunities. Management is not a static or unchanging concept.
Statement 2 is false because management is not a static or unchanging concept. It has evolved and continues to evolve over time to meet the changing needs of organizations and the business environment. Management practices, theories, and techniques have adapted and developed in response to new circumstances and challenges.
