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Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 28 (25 MCQs)

Quiz Instructions

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1. Which function of management establishes authority and responsibility relationship?
2. Identify the feature of management as a science When the principles are based on cause & effect relationship.
3. '' A person can be called a manager regardless of the educational qualification possessed." Identify the charactersitic for the profession that management does not fulfil in the statement being discussed above.
4. Identify the organisational objective of Management in following statement:" An organisation needs vital incentive for the continued successful operation of the enterprise which is essential for covering costs and risks of the business."
5. A manager obtains the required capital at 12% p.a. Interest while the prevailing rate of interest happens to be 10% p.a. How would you describe such manager?
6. Management is creating an ..... of an enterprise where individuals working together in groups perform efficiently and effectively towards the achievement of group goals.
7. Which of the following is not a designation related to top level management?
8. Foremen and supervisors fall in the category of
9. What is the full form of MBA?
10. If a manager produces 5000 units at a higher cost due to double shifts, how would you describe them?
11. Educational qualification is the pre-requisite to enter a profession. Which of the following feature is revealed in this statement?
12. Management works with the following objectives
13. A production manager was able to produce the desired output with minimum cost but not within the required time. In this case the manager was:
14. ..... includes using environmentallyfriendly methods of production, giving employment opportunitiesto the underprivileged sectionsof society and providing basicamenities like schools andhealthcare, etc., for the community.
15. Introducing of new products is decide by Operational level or lower level of management.
16. Alpha Ltd. is a company that manufactures mobile phones and accessories. Its profits are declining now-a-days. The sales department blames production department for low quality, the production department blames purchase department for non supplying good quality parts. Which aspect of management is lacking in the above case?
17. ..... level determines the objectives of the organization .
18. Diya and Riya work as a sales coordinators in separate divisions of a company in order to outbeat Riya Diya offers 10% discount to the customers as to boost sales and complete the sales target much before the stupulated time. identify the concept of management being ignored by the Diya
19. Which of the following is a feature of art?
20. Whose speciality happens to be 'personal skill'?
21. Which level of management is responsible for making budget for sales expenditure for a particular department under the sales manager.
22. For which of following minimum qualification has not been prescribed?
23. To become a Chartered Accountant in India, a candidate has to clear a specified examination conducted by the Institute of Chartered Accountants of India. Which feature of profession is being revealed?
24. Solutions Ltd., a cellphone producer, is facing huge losses after a product failure and the R&D and marketing departments are blaming each other for the failure. In your opinion, Solutions Ltd. is lacking which quality of management?
25. It establish Reporting Relationship
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