This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 1 Nature And Significance Of Management – Quiz 27 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 27 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of the following is a function of operational management? A) Controlling resources. B) Formulating policies. C) Implementing plans. D) Setting objectives. Show Answer Correct Answer: C) Implementing plans. 2. This concept provides the requisite amount, quality timing and sequence of efforts which ensures that planned objectives are achieved with a minimum of conflict. Identify the concept identified in the above stated line. A) Cooperation. B) Management. C) Coordination. D) Planning. Show Answer Correct Answer: B) Management. 3. Tina work in an export house where maximum emphasis is placed on cutting down of cost. The company employs less labour to keep the cost of production low. As a result, the export house has to bear huge losses some times due to delay in completion of an export order. Identify the concept of management being ignored by the export house. A) Efficiency. B) Effectiveness. C) Both effectiveness and efficiency. D) None of the above. Show Answer Correct Answer: B) Effectiveness. 4. The ..... of management is a series of continuous, composite, but separate functions. A) Process. B) Hierarchy. C) Structure. D) Policy. Show Answer Correct Answer: A) Process. 5. Earning profit is essential to cover the costs, survival and growth. Which objective of the managementhas been referred here? A) Social objective. B) Organizational objective. C) Personnel objective. D) Individual objective. Show Answer Correct Answer: B) Organizational objective. 6. Which function of management is finding out deficiencies in implementation of plans. A) Organising. B) Directing. C) Staffing. D) Controlling. Show Answer Correct Answer: D) Controlling. 7. Name the intangible force which creates productive relationships among resources of an organisation. A) Marketing. B) Accounting. C) Management. D) Production. Show Answer Correct Answer: C) Management. 8. In the assertion and reason statements, what is the main objective of any organization? A) Achieving customer satisfaction. B) Minimizing costs. C) Maximizing profits. D) Optimal utilization of resources. Show Answer Correct Answer: D) Optimal utilization of resources. 9. ..... is also increased when for the same benefit or outputs, fewer resources are used and less costs are incurred. A) Efficiency. B) Cost. C) Effectiveness. D) Labour cost. Show Answer Correct Answer: A) Efficiency. 10. Chose the correct sequence: A) Planning, Staffing, Organising, Controlling. B) Controlling, Planning, Organising, Staffing. C) Planning, Organising, Controlling, Directing. D) Directing, Staffing, Organising, Controlling. Show Answer Correct Answer: B) Controlling, Planning, Organising, Staffing. 11. The main task of this level of management is to determine the overall organisation objectives and Strategies for their realisation ..... A) Operational management. B) Middle level management. C) First line managers. D) Top level management. Show Answer Correct Answer: D) Top level management. 12. Policy formulation is a function of A) Top level managers. B) Middle level managers. C) Operational managers. D) All of the above. Show Answer Correct Answer: A) Top level managers. 13. Which concept of management is considered as central as a thread in a garland? A) Coordination. B) Directing. C) Planning. D) Organising. Show Answer Correct Answer: A) Coordination. 14. "In an organisation, employees are happy and satisfied, there is no chaos and the effects of management are noticeable." Which characteristic of management is highlighted by this statement? A) Management is tangible. B) Management is intangible. C) Management is democratic. D) Management is technical. Show Answer Correct Answer: B) Management is intangible. 15. Which function is called essence of management? A) Planning. B) Controlling. C) Coordination. D) Directing. Show Answer Correct Answer: C) Coordination. 16. ''Deciding in advance what is to be done and who is to do it" highlighted one of the functions of management. Identify it. A) Organising. B) Planning. C) Directing. D) Controlling. Show Answer Correct Answer: B) Planning. 17. Name the process which involves designing and maintaining an organisation in which individuals working together in groups efficiently accomplish selected aims. A) Management. B) Planning. C) Organising. D) Efficiency. Show Answer Correct Answer: A) Management. 18. People in the organinsations carry out diverse tasks 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. 19. Which function of management aims to ensure that everything is done according to predetermined goals? A) Planning. B) Staffing. C) Directing. D) Controlling. Show Answer Correct Answer: D) Controlling. 20. Management functions are independent of one another. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 21. Which of the function is not a function of management? A) Planning. B) Coordination. C) Organising. D) Directing. Show Answer Correct Answer: B) Coordination. 22. Which concept is followed to synchronize the activities of an organisation? A) Management. B) Planning. C) Coordination. D) Cooperation. Show Answer Correct Answer: C) Coordination. 23. 'The activities involved in managing an enterprise are common to all organizations whether social or political.' Which characteristic of management is highlighted by this statement? A) Management is innovative. B) Management is all pervasive. C) Management is centralized. D) Management is exclusive to business. Show Answer Correct Answer: B) Management is all pervasive. 24. Following is not the function of top-level management: A) Setting organizational goals. B) Solving problems of middle-level management. C) Solving problems of lower-level management. D) Arranging resources of men, machines, materials and money to achieve the desired goals. Show Answer Correct Answer: C) Solving problems of lower-level management. 25. Managing Director is the position of ..... level of management in a large company. A) Top. B) Middle. C) Lower. D) Middle and lower. Show Answer Correct Answer: A) Top. ← 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