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 2 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 2 (60 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Identify the nature of management when it is practiced as personal application of existing knowledge to achieve desired results. A) Management as an art. B) Management as a science. C) Management as a profession. D) None of these. Show Answer Correct Answer: A) Management as an art. 2. Management of Alpha Ltd. has installed a special recycling plant to recycle the waste instead of dumping the waste in ground. It is also providing employment opportunities to local residents. Company started a school nearby for the children of their employees. Identify the objectives company is fulfilling. A) Social. B) Personal. C) Economic. D) Social and personal. Show Answer Correct Answer: D) Social and personal. 3. Successful organisations do not achieve goals by chance but by following a deliberate process known as ..... A) Management. B) Controlling. C) Co-ordination. D) Planning. Show Answer Correct Answer: A) Management. 4. Policy formation is the function of A) Operational management. B) Middle-level management. C) Top-level management. D) All of these. Show Answer Correct Answer: C) Top-level management. 5. In order to become a lawyer one has to register himself as a member of Bar Council of India. Which feature of profession being revealed: A) Service Motive. B) Ethical code of conduct. C) Restricted Entry. D) Presence of professional associations. Show Answer Correct Answer: D) Presence of professional associations. 6. Which level of management is concerned with developing cooperation with other departments for smooth functioning of organisation? A) Top level. B) Operational level. C) Supervisory level. D) Middle level. Show Answer Correct Answer: D) Middle level. 7. Which of the following characteristic is not present in management as a profession? A) Well Defined Body of Knowledge. B) Professional Degree. C) Code of Conduct. D) Restricted entry. Show Answer Correct Answer: D) Restricted entry. 8. A petrol pump needs to be managed as much as a school or a hospital. Which feature of management is being highlighted here? A) Goal-oriented. B) Multidimensional. C) All pervasive. D) Dynamic function. Show Answer Correct Answer: C) All pervasive. 9. "Sarayu Ltd has changed its objectives because of change in business environment." Which characteristic of management is mentioned here? A) Management is all pervasive. B) Management is a dynamic process. C) None of these. D) Management is a continuous process. Show Answer Correct Answer: B) Management is a dynamic process. 10. Management helps in achieving Organisation or group goal. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 11. 'Arrangement of various resources for achieving target', under which function of management is this performed? A) Planning. B) Directing. C) Controlling. D) Organising. Show Answer Correct Answer: D) Organising. 12. This level of management serves as a link between top-level managers and first-line managers A) Supervisory level management. B) Operational management. C) Middle-level management. D) None of the above. Show Answer Correct Answer: C) Middle-level management. 13. Name the function of management which coordinates the physical, financial and human resources and establishes productive relations among them for the achievement of specific goals. A) Organising. B) Controlling. C) Planning. D) None of these. Show Answer Correct Answer: A) Organising. 14. To which level of management do the managers of first-line belong? A) Lower-level. B) Middle-level. C) Top-level. D) None of these. Show Answer Correct Answer: A) Lower-level. 15. Smart industries is able to achieve the target production of 5000 units within the prescribed period. However, to achieve the target on time, additional Rs. 40, 000 were paid as overtime wages to employees. Do you think Smart Industries is effective and efficient in its working? A) Effective but not efficient. B) Efficient but not effective. C) Both effective and efficient. D) Neither effective nor efficient. Show Answer Correct Answer: A) Effective but not efficient. 16. Which of the following is not a characteristics of management: A) It is continuous. B) It is group activity. C) It is goal oriented. D) It is not pervasive. Show Answer Correct Answer: D) It is not pervasive. 17. Middle-level management are responsible for all activities of the organization. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 18. Which of the following is a cost benefit analysis? A) Effectiveness. B) Efficiency. C) Both. D) None of the above. Show Answer Correct Answer: B) Efficiency. 19. Assertion (A):There is need of coordination because of functional differentiations. Reason (R):All individuals differ in their habits of work, background, approaches to situations and relationships and they have their individual goals. Find 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. 20. Being effective means A) Completing task. B) Completing task efficiently but beyond deadline. C) Completing task on time using added resources. D) All the above. Show Answer Correct Answer: C) Completing task on time using added resources. 21. Through ..... management helps individuals to develop team spirit, co-operation and commitment to group success . A) Coordination. B) Controlling. C) Supervision. D) Motivation & (d)Leadership. Show Answer Correct Answer: A) Coordination. 22. "An educational institution, the business organsations, hospitals, clubs, etc. all needed to be managed." Identify the characteristic / feature of management highlighted here. A) Management is a continuous process. B) Management is a group activity. C) Management is dynamic function. D) Management is pervasive. Show Answer Correct Answer: D) Management is pervasive. 23. What economic objective does The Topper group seek to fulfill by entering semiconductor manufacturing? A) Survival. B) Growth. C) Profit. D) Efficiency. Show Answer Correct Answer: B) Growth. 24. McDonald introduced Mc Aloo Tikki to survive in the Indian market. Which feature of management is described here? A) Group activity. B) Multidimensional. C) Dynamic function. D) Continuous process. Show Answer Correct Answer: C) Dynamic function. 25. "Mr. Gosain, the owner of "Stylish Garments" got a wholesale order of 600 party gowns. He completedthe production without paying extra bonus but could not deliver the gowns timely to the wholesalerand thus the order was cancelled. A) Mr. Gosain is effective but inefficient. B) Mr. Gosain is efficient but not effective. C) (c) Mr. Gosain is neither effective nor efficient. D) Mr. Gosain is both effective as well as efficient. Show Answer Correct Answer: B) Mr. Gosain is efficient but not effective. 26. In which function of management are standards compared with actuals, deviations found and corrective steps taken? A) Organising. B) Controlling. C) Directing. D) Planning. Show Answer Correct Answer: B) Controlling. 27. Which of the following characteristics of science is not applicable to management? A) Well Defined Body of Knowledge. B) Universally Applicable Principles. C) Based on Experiments. D) Cause and Effect Relationship. Show Answer Correct Answer: B) Universally Applicable Principles. 28. Mr. 'Y' has a father who acts as Vice President in ABC Ltd. Name the level of management he is working at. A) Top level. B) Supervisory level. C) Middle level. D) Project level. Show Answer Correct Answer: A) Top level. 29. For a ..... , minimum qualifications has not been prescribed? A) Charted Accountant. B) Manager. C) Lawyer. D) Doctor. Show Answer Correct Answer: B) Manager. 30. Philosophy courses ..... 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: B) Inquire into the nature of things. 31. Irfan Khan and Nasiruddin Shah, both got training from National School of Drama, New Delhi butthey perform differently. Which feature of art is associated with the above fact? A) Based on practice and creativity. B) Universal validity. C) Existence of theoretical knowledge. D) Personalized application. Show Answer Correct Answer: D) Personalized application. 32. Name the force which binds all the functions of management. A) Coordination. B) Planning. C) Efficiency. D) None of these. Show Answer Correct Answer: A) Coordination. 33. Lobbying activities are functions of which level of management? A) Middle. B) Top. C) Lower. D) Supervisory. Show Answer Correct Answer: B) Top. 34. Middle level of management A) Superintendent. B) Foreman. C) Marketing Manager. D) Chief financial officer. Show Answer Correct Answer: C) Marketing Manager. 35. To meet the objectives of the firm the management of ABC Ltd., offers employment to physically challenged person. Identify the objective of Management it is trying to achieve. A) Profit. B) Organisational objective. C) Social objective. D) Personal objective. Show Answer Correct Answer: C) Social objective. 36. Providing employment opportunities to disadvantaged sections of society is an example of ..... objective of management. A) Social. B) Economic. C) Personal. D) Profit. Show Answer Correct Answer: A) Social. 37. Coordination acts as the binding force between departments and ensures that all action is aimed at achieving the goals of the organisation. Which characteristic of management is mentioned in the given statement. A) Coordination integrates group efforts. B) Coordination ensures unity of action. C) Coordination is a continuous process. D) Coordination is an all pervasive function. Show Answer Correct Answer: B) Coordination ensures unity of action. 38. "Coordination unifies unrelated or diverse interests into purposeful activity." Identify the feature of management. A) Coordination is a continuous process. B) Coordination is the responsibility of all managers. C) Coordination ensures unity of action. D) Coordination integrates group efforts. Show Answer Correct Answer: D) Coordination integrates group efforts. 39. Which function of management is considered as the base of all other functions? A) Staffing. B) Directing. C) Planning. D) Controlling. E) Organising. Show Answer Correct Answer: C) Planning. 40. In order to survive, an organisation must earn enough ..... to cover costs. A) Revenues. B) Subsidies. C) Penalties. D) Donations. Show Answer Correct Answer: A) Revenues. 41. The process by which a manager synchronises the activities of different departments is known as ..... A) Coordination. B) Supervision. C) Co-operation. D) Organising. Show Answer Correct Answer: A) Coordination. 42. ..... is a systematised body of knowledge that explains certain general truths or the operation of general laws. A) Science. B) Art. C) Intuition. D) Experience. Show Answer Correct Answer: A) Science. 43. Name the function of management in which 'Deciding policies, Procedures, Objectives of an Organisation' A) Organising. B) Controlling. C) Directing. D) Planning. Show Answer Correct Answer: D) Planning. 44. Bhuvan is the manager of northern division of a large corporate house. At what level does he work in the organization? A) Top Level Management. B) Middle Level Management. C) Operational Level Management. D) All of the above. Show Answer Correct Answer: B) Middle Level Management. 45. The management of Ashirvad Industries offers employment to physically challenged persons. Which objective is it trying to achieve? A) Social objective. B) Personal objective. C) Organisational objective. D) All the above. Show Answer Correct Answer: A) Social objective. 46. "An organization is collection of diverse individuals with different needs." Which characteristic is highlighted in this statement? A) Management is a continuous process. B) Management is a group activity. C) Management is dynamic function. D) Management is pervasive. Show Answer Correct Answer: B) Management is a group activity. 47. The function of management related to grouping of activities to be carried out into departments and creating management hierarchy is A) Directing. B) Planning. C) Controlling. D) Organizing. Show Answer Correct Answer: D) Organizing. 48. Management is called a process because: A) It is sufficient to the manufacturing process. B) It is relevant for social organizations. C) It involves a series of functions. D) None of the above. Show Answer Correct Answer: C) It involves a series of functions. 49. Following is not an element of coordination A) Unifying. B) Balancing. C) Integrating. D) Cooperating. Show Answer Correct Answer: D) Cooperating. 50. In order to be successful, an organisation mustchange itself and its goals according to the needs of the environment. Which characteristic of management is highlighted here? A) Dynamic. B) Group activity. C) Intangible. D) Pervasive. Show Answer Correct Answer: A) Dynamic. 51. Functions of management are performed one after another as well as ..... by all managers all the time. A) Simultaneously. B) Occasionally. C) Separately. D) Sequentially. Show Answer Correct Answer: A) Simultaneously. 52. "The effect of management is noticeable in an organisation where targets are met according to plans and employees are happy and satisfied." Which characteristic of management is highlighted in the above statement? A) Intangible force. B) Group activity. C) Continuous process. D) Dynamic function. Show Answer Correct Answer: A) Intangible force. 53. How does a manager want to achieve his objectives? A) Efficiently. B) Effectively. C) Efficiently and Effectively. D) None of these. Show Answer Correct Answer: C) Efficiently and Effectively. 54. Identify one of the type of Objectives of Management which can be measured in terms of sales volume increase, increase in the number of employees or increase in the capital investment. A) Growth. B) Profit. C) Satisfaction. D) Survival. Show Answer Correct Answer: A) Growth. 55. The process of creating an internal environment, where individual work effectively and efficiently for achievement of goal is known as A) Coordination. B) Management. C) Delegation. D) Planning. Show Answer Correct Answer: B) Management. 56. If your father is working as an chief operating officer then he was working as which level of management A) Top level management. B) Operational level of management. C) Lower level management. D) Middle level of management. Show Answer Correct Answer: D) Middle level of management. 57. "Management consists of an on-going series of functions." Which characteristic of management is highlighted by this statement? A) Management is a continuous process. B) Management is a one-time activity. C) Management is decentralized. D) Management is autocratic. Show Answer Correct Answer: A) Management is a continuous process. 58. ..... efficiency is associated with ..... effectiveness which is the aim of all managers. A) Delayed. B) High. C) Average. D) Poor. Show Answer Correct Answer: B) High. 59. Successfull organisation do not achieve goals by chance but by following a deliberate process known as A) Controlling. B) Co-ordination. C) Management. D) Planning. Show Answer Correct Answer: C) Management. 60. Management unites the efforts of different individuals in the organisation towards achieving its goals.Which characteristics of management is being highlighted here? A) Pervasive. B) Goal oriented. C) Intangible. D) Dynamic. Show Answer Correct Answer: B) Goal oriented. ← 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 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 8Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books