This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 1 Nature And Significance Of Management – Quiz 21 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 21 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. "Coordination is not a separate function of management but it happens to be the final truth of all functions." In which context this observation has been made? A) Coordination is the essence of management. B) Coordination is not established automatically. C) Coordination is a continuously moving process. D) None of these. Show Answer Correct Answer: A) Coordination is the essence of management. 2. Name the level of management which is engaged in taking key decisions. A) Top level. B) Middle level. C) Lower level. D) Operational level. Show Answer Correct Answer: A) Top level. 3. ..... can be acquired through study, observation and experience. Identify the nature of management. A) Art. B) Science. C) Profession. D) All of Above. Show Answer Correct Answer: A) Art. 4. ..... presupposes the existence of certain theoretical knowledge. A) Art. B) Science. C) Management. D) Supervision. Show Answer Correct Answer: A) Art. 5. Achieving goals with the least amount of resources at a minimum cost refers to doing the work ..... A) Efficiently. B) Effectively. C) Independently. D) Informally. Show Answer Correct Answer: A) Efficiently. 6. Management as an art and a science are not mutually exclusive, but ..... each other. A) Supplement. B) Compliment. C) Substitute. D) Different. Show Answer Correct Answer: B) Compliment. 7. Chairman of a Business Organisation is a Top level of managers A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 8. Name the process of working with and through others to effectively achieve organizational objectives by efficiently using its limited resources in the changing environment. A) Management. B) Coordination. C) Planning. D) Organizing. Show Answer Correct Answer: A) Management. 9. "It provides the requisite amount, quality, timing and sequence of efforts which ensures that plannedobjectives are achieved with a minimum of conflicts" . Identify the concept. A) Controlling. B) Coordination. C) Planning. D) Organizing. Show Answer Correct Answer: B) Coordination. 10. "McDonald's had to make changes in its menu when it started its business in India." Which characteristic of management is highlighted in this statement? A) Management is dynamic. B) Management is goal-oriented. C) Management is quantitative. D) Management is decentralised. Show Answer Correct Answer: A) Management is dynamic. 11. Ram is working as a superintendent in a factory.State the level of management at which he is working? A) Top level. B) Supervisory level. C) Middle level. D) Administrative level. Show Answer Correct Answer: B) Supervisory level. 12. Identify the organisational objective of management. A) Survival. B) Planning. C) Controlling. D) None of these. Show Answer Correct Answer: A) Survival. 13. From which characteristics we said that management is developing as an profession ..... A) Theoretical knowledge. B) Specialized knowledge is require. C) Practical application. D) Systematic body of knowledge. Show Answer Correct Answer: B) Specialized knowledge is require. 14. The task of a manager is to give a common ..... to the individual effort in achieving the overall goal of the organisation. A) Direction. B) Reward. C) Schedule. D) Report. Show Answer Correct Answer: A) Direction. 15. What does the keyword PODSCORB stand for? A) Planning, Organising, Directing, Staffing, Coordinating, Reporting, Budgeting. B) Planning, Organising, Delegating, Supervising, Controlling, Recording, Budgeting. C) Policy, Organising, Directing, Staffing, Coordinating, Reporting, Budgeting. D) Planning, Ordering, Directing, Scheduling, Coordinating, Recording, Budgeting. Show Answer Correct Answer: A) Planning, Organising, Directing, Staffing, Coordinating, Reporting, Budgeting. 16. People in the organisations carry out diverse task 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. 17. Name the level of management involved in "overseeing the activities of workers" . 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. 18. Management cannot be seen physically, its presence can be felt through orderliness, enthusiastic employees and efficient work. Which characteristic of management is highlighted in this statement? A) Management is all pervasive. B) Management is a continuous process. C) Management is intangible. D) Management is dynamic function. Show Answer Correct Answer: C) Management is intangible. 19. Keeping in view the changes in the consumer demands and preferences 'Tastemaker Bakery' has reduced the sugar and fat content in its products. This approach of business shows that management is A) An intangible force. B) A group activity. C) A dynamic function. D) A multidimensional activity. Show Answer Correct Answer: C) A dynamic function. 20. Management translates the works to be carried out in terms of goals to be achieved and assigns the means to achieve it. This statement relates to ..... A) Management of work. B) Management of people. C) Management of operations. D) All of the above. Show Answer Correct Answer: A) Management of work. 21. Dheeraj is working as "Operations Manager" in Tifco Ltd. Name the managerial level at which he is working. A) Top level. B) Middle level. C) Lower level. D) Board level. Show Answer Correct Answer: B) Middle level. 22. Which level management acts a link between Top Level and Supervisory Level Management? 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. 23. In order to enter into profession one has to acquire an educational degree by clearing specified examination conducted by registered institutes. 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. 24. In order to become a lawyer one has to register himself as a member of Bar Council of India. Which feature of profession is being revealed? A) Ethical code of conduct. B) Restricted entry. C) Service motive. D) Professional association. Show Answer Correct Answer: D) Professional association. 25. According to Fayol 'responsibility without adequate authority' will make the subordinate ..... A) Effective. B) Efficient. C) In-effective. D) In-efficient. Show Answer Correct Answer: C) In-effective. ← 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