This quiz works best with JavaScript enabled. Home > Cbse > Class 12 > Commerce > Business Studies > Class 12 Business Studies Chapter 1 Nature And Significance Of Management – Quiz 11 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 11 (60 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. "An organisation is a collection of individuals working at different levels in the organisation." Which characteristic of management is referred to here? A) Management is purely technical. B) Management is spontaneous. C) Management is a group activity. D) Management is individualistic. Show Answer Correct Answer: C) Management is a group activity. 2. Name the function of management which is undertaken in the development, promotion and performance appraisal of subordinates. A) Staffing. B) Coordinating. C) Planning. D) Controlling. Show Answer Correct Answer: A) Staffing. 3. To meet the objectives of the firm, the managers of XYZ Ltd. offers employment to physically challenged persons. Identify the objective it is trying to achieve. A) Organizational objective. B) Personal objective. C) Social objective. D) None of these. Show Answer Correct Answer: C) Social objective. 4. Identify the process that provides the requisite amount, quality, timing and sequences of efforts, which ensures that planned objectives are achieved with a minimum of conflict. A) Planning. B) Controlling. C) Coordination. D) Management. Show Answer Correct Answer: C) Coordination. 5. Which of the following is not the importance of coordination? A) Growth in size. B) Functional Differentiation. C) Specialization. D) None of these. Show Answer Correct Answer: D) None of these. 6. Chief Executive Officer, is working at ..... level of management. A) Top. B) Supervisory. C) Lower. D) Middle. Show Answer Correct Answer: A) Top. 7. Organising as a function of management involves deciding ..... A) What activities and resources are required. B) Who will do a particular task. C) Where will it be done. D) All of the above. Show Answer Correct Answer: D) All of the above. 8. Top level of management is responsible for ..... and welfare of the organization. A) Profit maximisation. B) Outsourcing. C) Automation. D) Survival. Show Answer Correct Answer: D) Survival. 9. In the case of Yash Ltd., which is an importance of the concept identified as lacking? A) It reduces the need for specialisation. B) It becomes less necessary as organisations grow in size. C) It is required due to functional differentiation and specialisation. D) It eliminates the role of communication. Show Answer Correct Answer: C) It is required due to functional differentiation and specialisation. 10. Which level of management is concerned with developing cooperation with other departments forsmooth functioning of organization? A) Middle level. B) Supervisory level. C) Operational level. D) Top level. Show Answer Correct Answer: A) Middle level. 11. Supervisory level managers are also known as divisional heads. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 12. Higher-level management spend on planning part of time is: A) 35%. B) 75%. C) 80%. D) 50%. Show Answer Correct Answer: A) 35%. 13. Organizational objectives carry survival, ..... and growth as three sub-objectives of management. A) Productivity. B) Power. C) Profit. D) Prestige. Show Answer Correct Answer: C) Profit. 14. This function provide right kind of people for the job A) Planning. B) Directing. C) Controlling. D) Staffing. Show Answer Correct Answer: D) Staffing. 15. "Successful organizations do not achieve their goals by chance but by following a deliberate process." Identify the process highlighted here. A) Delegation. B) Motivation. C) Management. D) Communication. Show Answer Correct Answer: C) Management. 16. "There are many qualified singers and cricketers but Lata Mangeshkar and Sachin Tendulkar has achieved the highest degree of success." In the above lines, identify the characteristics of an Art? A) Existence of theoretical knowledge. B) Creativity. C) Based on practice and creativity. D) Personalised application. Show Answer Correct Answer: D) Personalised application. 17. Which of the following is a function of operational management? A) Formulating policies. B) Controlling resources. C) Implementing plans. D) Setting objectives. Show Answer Correct Answer: C) Implementing plans. 18. This concept provides the requisite amount, quality timing and sequence of efforts which ensures that planned objectives are achieved with a minimum of conflict. Identify the concept identified in the above stated line. A) Management. B) Cooperation. C) Coordination. D) Planning. Show Answer Correct Answer: A) Management. 19. Tina work in an export house where maximum emphasis is placed on cutting down of cost. The company employs less labour to keep the cost of production low. As a result, the export house has to bear huge losses some times due to delay in completion of an export order. Identify the concept of management being ignored by the export house. A) Efficiency. B) Effectiveness. C) Both effectiveness and efficiency. D) None of the above. Show Answer Correct Answer: B) Effectiveness. 20. The ..... of management is a series of continuous, composite, but separate functions. A) Structure. B) Process. C) Policy. D) Hierarchy. Show Answer Correct Answer: B) Process. 21. Earning profit is essential to cover the costs, survival and growth. Which objective of the managementhas been referred here? A) Individual objective. B) Personnel objective. C) Social objective. D) Organizational objective. Show Answer Correct Answer: D) Organizational objective. 22. Which function of management is finding out deficiencies in implementation of plans. A) Organising. B) Staffing. C) Controlling. D) Directing. Show Answer Correct Answer: C) Controlling. 23. Name the intangible force which creates productive relationships among resources of an organisation. A) Accounting. B) Management. C) Marketing. D) Production. Show Answer Correct Answer: B) Management. 24. In the assertion and reason statements, what is the main objective of any organization? A) Minimizing costs. B) Maximizing profits. C) Achieving customer satisfaction. D) Optimal utilization of resources. Show Answer Correct Answer: D) Optimal utilization of resources. 25. ..... is also increased when for the same benefit or outputs, fewer resources are used and less costs are incurred. A) Cost. B) Efficiency. C) Effectiveness. D) Labour cost. Show Answer Correct Answer: B) Efficiency. 26. Chose the correct sequence: A) Controlling, Planning, Organising, Staffing. B) Directing, Staffing, Organising, Controlling. C) Planning, Organising, Controlling, Directing. D) Planning, Staffing, Organising, Controlling. Show Answer Correct Answer: A) Controlling, Planning, Organising, Staffing. 27. The main task of this level of management is to determine the overall organisation objectives and Strategies for their realisation ..... A) Middle level management. B) First line managers. C) Operational management. D) Top level management. Show Answer Correct Answer: D) Top level management. 28. Which concept of management is considered as central as a thread in a garland? A) Directing. B) Organising. C) Coordination. D) Planning. Show Answer Correct Answer: C) Coordination. 29. Which function is called essence of management? A) Planning. B) Coordination. C) Directing. D) Controlling. Show Answer Correct Answer: B) Coordination. 30. ''Deciding in advance what is to be done and who is to do it" highlighted one of the functions of management. Identify it. A) Organising. B) Controlling. C) Directing. D) Planning. Show Answer Correct Answer: D) Planning. 31. Name the process which involves designing and maintaining an organisation in which individuals working together in groups efficiently accomplish selected aims. A) Efficiency. B) Planning. C) Organising. D) Management. Show Answer Correct Answer: D) Management. 32. People in the organinsations carry out diverse tasks with the aim to achieve: A) Different objectives. B) Common objectives. C) Both of the above. D) None of the above. Show Answer Correct Answer: B) Common objectives. 33. Which function of management aims to ensure that everything is done according to predetermined goals? A) Staffing. B) Planning. C) Directing. D) Controlling. Show Answer Correct Answer: D) Controlling. 34. Management functions are independent of one another. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 35. Which of the function is not a function of management? A) Directing. B) Coordination. C) Planning. D) Organising. Show Answer Correct Answer: B) Coordination. 36. Which concept is followed to synchronize the activities of an organisation? A) Planning. B) Coordination. C) Cooperation. D) Management. Show Answer Correct Answer: B) Coordination. 37. 'The activities involved in managing an enterprise are common to all organizations whether social or political.' Which characteristic of management is highlighted by this statement? A) Management is innovative. B) Management is all pervasive. C) Management is centralized. D) Management is exclusive to business. Show Answer Correct Answer: B) Management is all pervasive. 38. Managing Director is the position of ..... level of management in a large company. A) Top. B) Middle. C) Lower. D) Middle and lower. Show Answer Correct Answer: A) Top. 39. Which function of management establishes authority and responsibility relationship? A) Staffing. B) Planning. C) Directing. D) Organising. Show Answer Correct Answer: D) Organising. 40. Identify the feature of management as a science When the principles are based on cause & effect relationship. A) Based on practice and creativity. B) Universal validity. C) Systematised body of knowledge. D) Existence of theoretical knowledge. Show Answer Correct Answer: C) Systematised body of knowledge. 41. '' A person can be called a manager regardless of the educational qualification possessed." Identify the charactersitic for the profession that management does not fulfil in the statement being discussed above. A) Proffessional association. B) Restricted entry. C) Service motive. D) Ethical code of conduct. Show Answer Correct Answer: B) Restricted entry. 42. Identify the organisational objective of Management in following statement:" An organisation needs vital incentive for the continued successful operation of the enterprise which is essential for covering costs and risks of the business." A) Survival. B) Growth. C) Profit. D) None of above. Show Answer Correct Answer: C) Profit. 43. A manager obtains the required capital at 12% p.a. Interest while the prevailing rate of interest happens to be 10% p.a. How would you describe such manager? A) In-efficient. B) Effective. C) Efficient. D) Efficient & Effective. Show Answer Correct Answer: B) Effective. 44. Management is creating an ..... of an enterprise where individuals working together in groups perform efficiently and effectively towards the achievement of group goals. A) Ecological environment. B) Internal environment. C) External environment. D) Economic environment. Show Answer Correct Answer: B) Internal environment. 45. Which of the following is not a designation related to top level management? A) Vice-President. B) President. C) Chairman. D) Production Manager. Show Answer Correct Answer: D) Production Manager. 46. Foremen and supervisors fall in the category of A) Top level management. B) Operational Management. C) Middle Level Management. D) None of the above. Show Answer Correct Answer: B) Operational Management. 47. What is the full form of MBA? A) Master of business admin. B) Master of business administration. C) Master of business organization. D) Master of business management. Show Answer Correct Answer: B) Master of business administration. 48. If a manager produces 5000 units at a higher cost due to double shifts, how would you describe them? A) Effective but not efficient. B) Efficient but not effective. C) Effective and efficient. D) Neither effective nor efficient. Show Answer Correct Answer: A) Effective but not efficient. 49. Management works with the following objectives A) Objective of sales maximisation. B) Objective of becoming market leader. C) Multiple objective. D) Objective of profit maximisation. Show Answer Correct Answer: C) Multiple objective. 50. A production manager was able to produce the desired output with minimum cost but not within the required time. In this case the manager was: A) Effective only. B) Efficient only. C) Both effective and efficient. D) Neither effective nor efficient. Show Answer Correct Answer: B) Efficient only. 51. ..... includes using environmentallyfriendly methods of production, giving employment opportunitiesto the underprivileged sectionsof society and providing basicamenities like schools andhealthcare, etc., for the community. A) Social objective. B) Personal objectives. C) Organizational objective (for every organization). D) Government objectives. Show Answer Correct Answer: A) Social objective. 52. Introducing of new products is decide by Operational level or lower level of management. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 53. Alpha Ltd. is a company that manufactures mobile phones and accessories. Its profits are declining now-a-days. The sales department blames production department for low quality, the production department blames purchase department for non supplying good quality parts. Which aspect of management is lacking in the above case? A) Effectiveness. B) Pervasive. C) Coordination. D) Efficiency. Show Answer Correct Answer: C) Coordination. 54. ..... level determines the objectives of the organization . A) Low. B) Middle. C) Top. D) None of the above. Show Answer Correct Answer: C) Top. 55. Diya and Riya work as a sales coordinators in separate divisions of a company in order to outbeat Riya Diya offers 10% discount to the customers as to boost sales and complete the sales target much before the stupulated time. identify the concept of management being ignored by the Diya A) Efficiency. B) Effectiveness. C) Both effectiveness and efficiency. D) None of the above. Show Answer Correct Answer: A) Efficiency. 56. Which of the following is a feature of art? A) Ethical code of conduct. B) Systematised body of knowledge. C) Existence of theoretical knowledge. D) Service motive. Show Answer Correct Answer: C) Existence of theoretical knowledge. 57. Whose speciality happens to be 'personal skill'? A) Profession. B) Art. C) Science. D) None of these. Show Answer Correct Answer: B) Art. 58. Which level of management is responsible for making budget for sales expenditure for a particular department under the sales manager. A) Top level management. B) Middle level management. C) Lower level management. D) None of the above. Show Answer Correct Answer: B) Middle level management. 59. For which of following minimum qualification has not been prescribed? A) Manager. B) Doctor. C) Chartered Accountant. D) Lawyer. Show Answer Correct Answer: A) Manager. 60. To become a Chartered Accountant in India, a candidate has to clear a specified examination conducted by the Institute of Chartered Accountants of India. Which feature of profession is being revealed? A) Restricted Entry. B) Ethical code of conduct. C) Professional association. D) Well defined body of knowledge. Show Answer Correct Answer: A) Restricted Entry. ← PreviousNext →Related QuizzesCommerce QuizzesClass 12 QuizzesClass 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 1Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 2Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 3Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 4Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 5Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 6Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 7Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 8 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books