This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 1 Nature And Significance Of Management – Quiz 24 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 24 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Identify the process that provides the requisite amount, quality, timing and sequence of efforts, which ensures that planned objectives are achieved with a minimum of conflict. A) Management. B) Planning. C) Co-ordination. D) Controlling. Show Answer Correct Answer: C) Co-ordination. 2. 'In an organisation, there may be separate departments of finance, production, marketing or human resources. All these departments may have their own objectives, policies and their own style of working.'Identify the importance of Co-ordination discussed here. A) Growth in Size. B) Functional differentiation. C) Specilaisation. D) Group activity. Show Answer Correct Answer: B) Functional differentiation. 3. Identify the level of management to which the position belongs:Superintendent. A) Top level. B) Middle level. C) Supervisory level. D) Executive board. Show Answer Correct Answer: C) Supervisory level. 4. Management is a/an ..... force that cannot be seen but its presence can be felt. A) Intangible. B) Visible. C) Mechanical. D) Quantifiable. Show Answer Correct Answer: A) Intangible. 5. At what level of management, managers are responsible for welfare and survival of the organization? A) Top Level. B) Middle Level. C) Lower Level. D) Supervisory Level. Show Answer Correct Answer: A) Top Level. 6. Efficiency means doing the task correctly A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 7. Foreman belongs to ..... level of management . A) Low. B) Top. C) Middle. D) None of the above. Show Answer Correct Answer: A) Low. 8. Management is essential for the organizations which are A) Non-profit organizations. B) Service organizations. C) Social organizations. D) All of the above. Show Answer Correct Answer: D) All of the above. 9. A manager obtains the required capital at 12% interest while the prevailing rate of interest in the market is 10%. How would you describe such a manager? A) Efficient. B) Effective. C) Efficient and Effective. D) None of the above. Show Answer Correct Answer: A) Efficient. 10. Grand father of Arjun retired as the Production Manager of a manufacturing company. At which level of management was he working? A) Top level. B) Middle level. C) Lower level. D) All the above. Show Answer Correct Answer: B) Middle level. 11. Mohan has retired from the post of a foreman in a factory. At what level of management is he working? A) Top Level. B) Middle Level. C) Operational/Supervisory Level. D) None of these. Show Answer Correct Answer: C) Operational/Supervisory Level. 12. Management is needed in all types of organisations whether working for earning profits or for any social purpose. Which characteristic of management is held in this view? A) Management is contingent. B) Management is universal (all pervasive). C) Management is innovative. D) Management is bureaucratic. Show Answer Correct Answer: B) Management is universal (all pervasive). 13. Name the level of management: A) ) top level. B) Middle level. C) Supervisory level. D) All of the above. Show Answer Correct Answer: D) All of the above. 14. Management is always denoted by 'we' and not by ' I 'because A) It is a process. B) It is a continuous. C) It is a group activity. D) It is intangible. Show Answer Correct Answer: C) It is a group activity. 15. Which function of management is considered the base for all other functions? A) Coordination. B) Organising. C) Planning. D) Directing. Show Answer Correct Answer: C) Planning. 16. "The aim of manager is to reduce costs and increase productivity through better planning, organising, directing, staffing and controlling the activities of the organisation." Identify the point of importance of management highlighted above" A) Management helps in achieving group goals. B) Management increases efficiency. C) Management creates a dynamic organisation. D) Management helps in achieving personal objectives. Show Answer Correct Answer: B) Management increases efficiency. 17. For success an organization must change itself according to the need of an environment A) Dynamic function. B) Intangible force. C) Group activity. D) All of the above. Show Answer Correct Answer: A) Dynamic function. 18. To meet the objectives of the firm, the management of Bhavya Ltd. offers employment to physically challenged persons. Identify the organizational objective it is trying to achieve. A) ECONOMIC OBJECTIVE:GROWTH. B) ECONOMIC OBJECTIVE:PROFIT. C) SOCIAL OBJECTIVE. D) PERSONAL OBJECTIVE. Show Answer Correct Answer: C) SOCIAL OBJECTIVE. 19. Successful organizations do not achieve goals by chance but by following a deliberate process known as A) Planning. B) Co-ordination. C) Controlling. D) Management. Show Answer Correct Answer: D) Management. 20. What is meant by Efficiency?? A) Completing a task in time. B) Completing a task with minimum resources. C) Completing a task in minimum time however the cost may be more. D) All are correct. Show Answer Correct Answer: B) Completing a task with minimum resources. 21. Co-ordination is a separate function of management. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 22. 'McDonald, the fast food giant made major changes in its menu to survive in the Indian market.' This example highlights ..... feature of management. A) Management is an intangible force. B) Management is a dynamic function. C) Management is all pervasive. D) Management increases efficiency. Show Answer Correct Answer: B) Management is a dynamic function. 23. Management is a continuous process A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 24. Name the function of management which is concerned with finding out deficiencies in implementation of plans. A) Planning. B) Staffing. C) Directing. D) Controlling. Show Answer Correct Answer: D) Controlling. 25. This function of management provides right kind of people for the job- A) Planning. B) Organizing. C) Staffing. D) Directing. Show Answer Correct Answer: C) Staffing. ← 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