This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 1 Nature And Significance Of Management – Quiz 15 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 15 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Success of Dabbawala who carry tiffin to offices of Mumbai is example of which aspect of Management? A) Co-ordination. B) Directing. C) Planning. D) Staffing. Show Answer Correct Answer: A) Co-ordination. 2. What is the significance of planning in management? A) It is only for top management. B) It provides direction. C) It is not necessary. D) It is the last step in management. Show Answer Correct Answer: B) It provides direction. 3. Following is not the personal objectives of management: A) Good salary and other benefits. B) Healthy working conditions. C) Supply of quality goods. D) Opportunities for training and promotion. Show Answer Correct Answer: C) Supply of quality goods. 4. Name the level of management at which the managers are responsible for implementing and controlling the plans and strategies of the organization. A) Top level management. B) Middle level management. C) Lower level management. D) None of these. Show Answer Correct Answer: A) Top level management. 5. Management is a complex activity that has three main dimensions. Name them. A) Management of work. B) Management of people. C) Management of operations. D) All of Above. Show Answer Correct Answer: D) All of Above. 6. A manager obtains the required capital at 12% interest while the prevailing rate of interest happens to be 10%. How would you describe such a manager? A) Efficient. B) Effective. C) Efficient and Effective. D) Inefficient. Show Answer Correct Answer: D) Inefficient. 7. Who are included in middle level management? A) Supervisor. B) Board of directors. C) Departmental heads. D) Jobber. Show Answer Correct Answer: C) Departmental heads. 8. All the businessmen prefer their children to do MBA and then join business. This is related to A) Management as Science. B) Management as an Art. C) Management as a profession. D) Management as both Science and Art. Show Answer Correct Answer: C) Management as a profession. 9. Quality of output and safety standards are being maintain by A) Middle level. B) Bottom level. C) Top level. D) Third line managers. Show Answer Correct Answer: B) Bottom level. 10. Which of the following is not a characteristic of a profession? A) Service Motive. B) Restricted Entry. C) Based on Practice and Creativity. D) Well defined body of knowledge. Show Answer Correct Answer: C) Based on Practice and Creativity. 11. Managing Director will be considered under which level of management? A) Top-level. B) Middle-level. C) Lower-level. D) None of these. Show Answer Correct Answer: A) Top-level. 12. The process of creating an internal environment, where individuals work effectively and efficiently for the achievement of goals is known as ..... A) Coordination. B) Delegation. C) Management. D) Planning. Show Answer Correct Answer: C) Management. 13. The function of Management related to grouping of activities to be carried out in two departments and creating management hierarchy is A) Planning. B) Organising. C) Controlling. D) Directing. Show Answer Correct Answer: B) Organising. 14. Which of the following is not a feature of a profession? A) Restricted Entry. B) Well Defined body of knowledge. C) Based on creativity. D) Service motive. Show Answer Correct Answer: C) Based on creativity. 15. "Every member of the group has a different purpose for joining the organisation but as members of the organisation they work towards fulfilling the common organisational goal" A) Management is a group activity. B) Management is a continuous process. C) Management is a dynamic function. D) Management is pervasive. E) Management is multidimensional. Show Answer Correct Answer: A) Management is a group activity. 16. Which function is concerned with the recruitment, selection, training and development of human resources? A) Planning. B) Organising. C) Staffing. D) None of the above. Show Answer Correct Answer: C) Staffing. 17. Management is a process because A) It involves series of steps. B) It leads to systematic working. C) It involves one single activity. D) None of the above. Show Answer Correct Answer: A) It involves series of steps. 18. Which degree is compulsory to become a manager? A) B.B.A . B) M.Com. C) M.B.A. D) No compulsion of degree. Show Answer Correct Answer: D) No compulsion of degree. 19. Which of the following is a function of top-level management? A) Ensuring quality of output. B) Assigning necessary duties and responsibilities to their departments. C) Taking responsibility for all the activities of the business and its impact on the society. D) Ensuring that the safety standards are maintained within the organisation. Show Answer Correct Answer: D) Ensuring that the safety standards are maintained within the organisation. 20. McDonald introduced Mc Aloo Tikki to survive in Indian market." Which feature of management isdescribed here? A) Group activity. B) Dynamic function. C) Multidimensional. D) Continuous process. Show Answer Correct Answer: B) Dynamic function. 21. Which level managers are responsible for coordination? State. A) Top level management. B) Middle level management. C) Lower level management. D) All levels. Show Answer Correct Answer: D) All levels. 22. Profit is essential for covering cost and risk of the business.Which management objective is discussed here? A) Social objective. B) Organisational objective. C) Personal objective. D) Individual objective. Show Answer Correct Answer: B) Organisational objective. 23. Hero ltd's target production is to produce 10000 shirts per month at a cost of Rs. 150 per shirt. The production manager could achieve this target at a cost of Rs. 160 per shirt. Do you think the production manager is EFFECTIVE? A) No. B) Yes. C) Can't Say. D) Efficient. Show Answer Correct Answer: B) Yes. 24. As a part of society, every organisation whether it is business or non-business has a ..... to fulfill. A) Social obligation. B) Legal monopoly. C) Political role. D) Technological mission. Show Answer Correct Answer: A) Social obligation. 25. Name the function of management which is undertaken to measure the performance and follow-up actions. A) Directing. B) Controlling. C) Organising. D) Staffing. Show Answer Correct Answer: B) Controlling. ← PreviousNext →Related 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 8Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 9Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books