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 12 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 12 (60 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Solutions Ltd., a cellphone producer, is facing huge losses after a product failure and the R&D and marketing departments are blaming each other for the failure. In your opinion, Solutions Ltd. is lacking which quality of management? A) Co-ordination. B) Controlling. C) Directing. D) Planning. Show Answer Correct Answer: A) Co-ordination. 2. It establish Reporting Relationship A) Staffing. B) Organising. C) Directing. D) Planning. Show Answer Correct Answer: B) Organising. 3. Specialisation arises out of complexities of modern technology & diversity of task to be performed. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 4. "Management has to adapt itself according to the changing environment" . Which characteristic ofmanagement is highlighted in the above statement? A) Group activity. B) Continuous process. C) Goal oriented. D) Dynamic function. Show Answer Correct Answer: D) Dynamic function. 5. Identify the process that a manager ensures the orderly arrangement of individual and group efforts to ensure unity of action in the realisation of common objectives. A) Staffing. B) Controlling. C) Planning. D) Co-ordination. Show Answer Correct Answer: D) Co-ordination. 6. At times business may concentrate more on producing goods with fewer resources I.e., cutting down cost but not achieving the target production. Consequently, the goods do not reach the market and hence the demand for them declines and competitors enter the market. This is a case of:a) Being efficient but not effective b) Being effective but not efficient c) Being both effective and efficient d) All of these A) C. B) B. C) A. D) D. Show Answer Correct Answer: C) A. 7. Identify the importance of Management "The aim of a manager is to reduce costs and increase productivity" A) Management helps in achieving group goals. B) Management helps in the development of society. C) Management increases efficiency. D) Management helps in achieving personal objectives. E) Management creates a dynamic organisation. Show Answer Correct Answer: C) Management increases efficiency. 8. Which of the following in not an organisational objective? A) Profit. B) Giving employment opportunities to disadvantaged sections of society. C) Growth. D) Survival. Show Answer Correct Answer: B) Giving employment opportunities to disadvantaged sections of society. 9. Which feature of management is discussed in above case study? A) Management is all Pervasive. B) Management is Intangible. C) Management is a Continuous Process. D) Management is Multidimensional. Show Answer Correct Answer: B) Management is Intangible. 10. Successful management ensures that A) Goals are achieved with least costs. B) Timely achievements of growth. C) Both of the above. D) None of the above. Show Answer Correct Answer: C) Both of the above. 11. What is the process by which a manager integrates activities of different departments called? A) Management. B) Coordination. C) Controlling. D) Planning. Show Answer Correct Answer: B) Coordination. 12. Identify the organisational objective of Management in following statement:"an organisation must earn enough revenues to cover costs." A) Survival. B) Growth. C) Profit. D) None of above. Show Answer Correct Answer: A) Survival. 13. WHY MANAGEMENT IS UNIVERSAL PROCESS? A) GOAL ORIENTED. B) REQUIRE EVERYWERE. C) CONTINUOUS PROCESS. D) REQUIRE IN BUSINES. Show Answer Correct Answer: B) REQUIRE EVERYWERE. 14. Every manager has his own unique way of managing things and people. This is related to: A) Management as a profession. B) Management as science. C) Management as an art. D) None of these. Show Answer Correct Answer: C) Management as an art. 15. .Operational management not includes: A) Divisional heads. B) Foremen. C) Sales officers. D) Supervisors. Show Answer Correct Answer: A) Divisional heads. 16. What do you mean by management: A) Completing task on time. B) Completing task on time with minimum cost. C) Completing task with minimum cost. D) Not completing task. Show Answer Correct Answer: B) Completing task on time with minimum cost. 17. The Topper group is looking to make a foray into manufacturing of semiconductors and it has set up a business to seize the business opportunity and add to its prospects in the long run. The company has already pivoted into a number of 16 new projects like electronics, 5G network equipment, as well as semiconductors. Which economic objective of management does the business seek to fulfill? A) Growth. B) Profit. C) Survival. D) Efficiency. Show Answer Correct Answer: A) Growth. 18. Which of the following statements does not pertain to middle-level management? A) They are responsible for all the activities of the operational managers. B) They are responsible for the welfare and survival of the organisation. C) The interpreter of the policies is made by top-level managers. D) Cooperate with other departments for the smooth running of the organisation. Show Answer Correct Answer: B) They are responsible for the welfare and survival of the organisation. 19. Which of the following is not the organisational objectives? A) Survival. B) Growth. C) Profit. D) Giving employment opportunities to disadvantaged section of society. Show Answer Correct Answer: D) Giving employment opportunities to disadvantaged section of society. 20. Coordination is needed where the efforts of ..... persons are required? A) One person. B) Three persons. C) Two persons. D) Many persons. Show Answer Correct Answer: D) Many persons. 21. Both company A and company B are using the same amount of resources however the output of company A is higher than that of company B. Identify the concept in which the company A as an edge over the company B. A) Effectiveness. B) Efficiency. C) Both effectiveness and efficiency. D) None of the above. Show Answer Correct Answer: B) Efficiency. 22. "Co-ordination is the process whereby an executive develops an orderly pattern of group efforts among his subordinates and secures unity of action in the pursuit of common purpose."Who gave this definition? A) E.F.L.Brech. B) McFarland. C) Theo Haimann. D) Henry Fayol. Show Answer Correct Answer: B) McFarland. 23. Providing healthy working conditions and ensuring quality work is the function of- A) Top Level Management. B) Middle Level Management. C) Lower Level Management. D) All of these. Show Answer Correct Answer: C) Lower Level Management. 24. Management aim at achieving A) Efficiency. B) Effectiveness. C) Efficiency and effectiveness. D) None of these. Show Answer Correct Answer: C) Efficiency and effectiveness. 25. "Successful organisations do not achieve their goals by chance.Rather they have to follow a process." Name the process. A) Planning. B) Staffing. C) Management. D) Organising. Show Answer Correct Answer: C) Management. 26. Name the country in which management is accepted as a profession. A) India. B) America. C) America & Japan. D) Japan. Show Answer Correct Answer: C) America & Japan. 27. On introduction of any changes in the firm, all employees hesitate to accept the changes, managers convince the employees and guide them to adopt the changes willingly. This is related to which importance of management. A) Management helps in achieving personal objectives. B) Management helps in achieving group goal. C) Management increases efficiency. D) Management creates a dynamic organisation. Show Answer Correct Answer: D) Management creates a dynamic organisation. 28. Under which function of management does the work of filling posts with people fall? A) Planning. B) Staffing. C) Controlling. D) Organising. E) Directing. Show Answer Correct Answer: B) Staffing. 29. Coordination is a function of management. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 30. Economics is concerned ..... A) Allocation and distribution ofscarce resources. B) Inquire into the nature of things. C) The study of the behavior of individuals andgroups within a political environment. D) Societies,. Show Answer Correct Answer: A) Allocation and distribution ofscarce resources. 31. Organisation 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. 32. "A religious place is also needed to be managed like business and non-business organisations." Which characteristic of management is referred here? A) Management is all pervasive. B) Management is autocratic. C) Management is profit-driven. D) Management is optional. Show Answer Correct Answer: A) Management is all pervasive. 33. The basic objective of any profession is to earn money A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 34. At which level of management the managers are responsible for maintaining the quality of output and safety standards? A) Top Level Management. B) Middle Level Management. C) Operational Level Management. D) All of the above. Show Answer Correct Answer: C) Operational Level Management. 35. Assertion (A):Coordination ensures unity of action. Reason (R):It gives a common focus to the effort of people with diverse interests. Choose the correct option. A) Both A and R are true and R is the correct explanation of A. B) Both A and R are true but R is not the correct explanation of A. C) A is true but R is false. D) A is false but R is true. Show Answer Correct Answer: B) Both A and R are true but R is not the correct explanation of A. 36. Management must be: A) Effective. B) Efficient. C) Both effective as well as efficient. D) None of these. Show Answer Correct Answer: C) Both effective as well as efficient. 37. Dinesh is a superintendent in Care India Group and Harish is working as a Plant Superintendent in the same company. Name the managerial levels at which both are working. A) Both are working at middle level management. B) Both are working at lower level management. C) Dinesh is working at middle level and Harish is working at lower level. D) Dinesh is working at lower level and Harish is working at middle level. Show Answer Correct Answer: D) Dinesh is working at lower level and Harish is working at middle level. 38. Name the objective of management which involve meeting financial and non financial needs of employees. A) Personal objectives. B) Social objectives. C) Organisational objectives. D) None of these. Show Answer Correct Answer: A) Personal objectives. 39. Identify the force that binds all other functions of management. A) Harmony. B) Intangible force. C) Co-operation. D) Co-ordination. Show Answer Correct Answer: D) Co-ordination. 40. WHICH LEVEL OF MANAGEMENT FORMULATE OVERALL ORGANISATIONAL GOALS AND STRATEGIES FOR THEIR ACHIEVEMENTS A) OPERATIONAL LEVEL. B) SUPERVISORY LEVEL. C) MIDDLE LEVEL. D) TOP LEVEL. Show Answer Correct Answer: D) TOP LEVEL. 41. What is the primary role of operational management? A) Determining overall organizational objectives and strategies. B) Grouping activities into departments. C) Ensuring safety standards are maintained. D) Directly interacting with the work force. Show Answer Correct Answer: A) Determining overall organizational objectives and strategies. 42. Anything minus management is equal to what? A) Profit. B) Zero. C) Stability. D) Surplus. Show Answer Correct Answer: B) Zero. 43. What is the role of coordination in management? A) To minimize communication. B) To ensure unity of action. C) To isolate departments. D) To create confusion. Show Answer Correct Answer: B) To ensure unity of action. 44. Which of the following have no representative professional organisations available? A) Management. B) Accountancy. C) Law. D) Medical. Show Answer Correct Answer: A) Management. 45. Which one of the following sequences of process of management is correct: A) Organising, Planning, Staffing, Controlling, Directing. B) Directing, Staffing, Planning, Organising, Controlling. C) Planning, Directing, Controlling, Organising, Staffing. D) Planning, Organising, Staffing, Directing, Controlling. Show Answer Correct Answer: D) Planning, Organising, Staffing, Directing, Controlling. 46. Which of the following is not included in the functions of top level management? A) Take strategic decisions. B) Prepare budget. C) Lay down objectives of business. D) Take care of interest of shareholder. Show Answer Correct Answer: B) Prepare budget. 47. Departmental managers are included at which level of management? A) Project management. B) Middle management. C) Top management. D) Supervisory management. Show Answer Correct Answer: B) Middle management. 48. The function of management include: A) Planning. B) Organizing. C) Directing and controlling. D) All of the above. Show Answer Correct Answer: D) All of the above. 49. Management is multi dimensional means related to? A) Work time people. B) Work people operations. C) Work guide people. D) Work time operations. Show Answer Correct Answer: B) Work people operations. 50. Management is a tangible. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 51. It is difficult to demark the time spent by a manager in performing the particular function on a particular day as he may have to perform all the function simultaniously while doing his work. Identify the feature being highlighted in the given case. A) Management is a goal oriented. B) Management is multidimentional. C) Management is all pervasive. D) None of the above. Show Answer Correct Answer: D) None of the above. 52. Which is not a function of management of the following A) Cooperating. B) Planning. C) Directing. D) Staffing. Show Answer Correct Answer: A) Cooperating. 53. At which level of management are the managers responsible for the welfare and survival of the organisation? A) Top-level management. B) Lower-level management. C) Project management office. D) Middle-level management. Show Answer Correct Answer: A) Top-level management. 54. RAMAN IS WORKING AS REGIONAL MANAGER NAME THE LEVEL A WHICH HE IS WORKING A) SUPERVISORY LEVEL. B) TOP LEVEL. C) MIDDLE LEVEL. D) ALL OF THE ABOVE. Show Answer Correct Answer: C) MIDDLE LEVEL. 55. "Management is the process of working with and through others to effectively achieve organisational objectives by efficiently using limited resources in the changing environment."Who gave this definition? A) M.Gene Newport. B) Harold Koontz. C) Kreitner. D) Heinz Weihrich. Show Answer Correct Answer: C) Kreitner. 56. Gurmeet is working as Regional Manager in ABC Ltd., Name the level of management at which he is working ..... A) Middle level. B) Top level. C) Lower level. D) All the above. Show Answer Correct Answer: A) Middle level. 57. Which of the following characteristics of profession is present in management A) Professional degree. B) Restricted entry. C) Well defined body of knowledge. D) Code of conduct. Show Answer Correct Answer: C) Well defined body of knowledge. 58. Management fulfills three basic objectives; ..... , Social and personnel. A) Economic. B) Technical. C) Legal. D) Organisational. Show Answer Correct Answer: D) Organisational. 59. Management is the art of A) Getting things done. B) Getting work effectively. C) Getting work efficiently. D) All of the above. Show Answer Correct Answer: D) All of the above. 60. The sales department accuses the production department for the poor sales due to late delivery of goods, the production department accuses the purchase department for not delivering the raw material in time and the purchase department accuses the finance department for not releasing funds on time. Which quality of management is missing in this situation? A) Cooperation. B) Coordination. C) Planning. D) Poor hierarchy. Show Answer Correct Answer: B) Coordination. ← 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