This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 1 Nature And Significance Of Management – Quiz 29 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 29 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Specialisation arises out of complexities of modern technology & diversity of task to be performed. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 2. "Management has to adapt itself according to the changing environment" . Which characteristic ofmanagement is highlighted in the above statement? A) Continuous process. B) Group activity. C) Dynamic function. D) Goal oriented. Show Answer Correct Answer: C) Dynamic function. 3. Identify the process that a manager ensures the orderly arrangement of individual and group efforts to ensure unity of action in the realisation of common objectives. A) Planning. B) Controlling. C) Staffing. D) Co-ordination. Show Answer Correct Answer: D) Co-ordination. 4. At times business may concentrate more on producing goods with fewer resources I.e., cutting down cost but not achieving the target production. Consequently, the goods do not reach the market and hence the demand for them declines and competitors enter the market. This is a case of:a) Being efficient but not effective b) Being effective but not efficient c) Being both effective and efficient d) All of these A) A. B) B. C) C. D) D. Show Answer Correct Answer: A) A. 5. Identify the importance of Management "The aim of a manager is to reduce costs and increase productivity" A) Management helps in the development of society. B) Management helps in achieving group goals. C) Management increases efficiency. D) Management creates a dynamic organisation. E) Management helps in achieving personal objectives. Show Answer Correct Answer: C) Management increases efficiency. 6. Which of the following in not an organisational objective? A) Survival. B) Giving employment opportunities to disadvantaged sections of society. C) Profit. D) Growth. Show Answer Correct Answer: B) Giving employment opportunities to disadvantaged sections of society. 7. Which feature of management is discussed in above case study? A) Management is all Pervasive. B) Management is Intangible. C) Management is a Continuous Process. D) Management is Multidimensional. Show Answer Correct Answer: B) Management is Intangible. 8. Successful management ensures that A) Goals are achieved with least costs. B) Timely achievements of growth. C) Both of the above. D) None of the above. Show Answer Correct Answer: C) Both of the above. 9. What is the process by which a manager integrates activities of different departments called? A) Coordination. B) Planning. C) Controlling. D) Management. Show Answer Correct Answer: A) Coordination. 10. Identify the organisational objective of Management in following statement:"an organisation must earn enough revenues to cover costs." A) Survival. B) Growth. C) Profit. D) None of above. Show Answer Correct Answer: A) Survival. 11. WHY MANAGEMENT IS UNIVERSAL PROCESS? A) GOAL ORIENTED. B) CONTINUOUS PROCESS. C) REQUIRE EVERYWERE. D) REQUIRE IN BUSINES. Show Answer Correct Answer: C) REQUIRE EVERYWERE. 12. Every manager has his own unique way of managing things and people. This is related to: A) Management as a profession. B) Management as science. C) Management as an art. D) None of these. Show Answer Correct Answer: C) Management as an art. 13. Which of the following is not a function of the management A) Planning. B) Staffing. C) Coordination. D) Controlling. Show Answer Correct Answer: C) Coordination. 14. .Operational management not includes: A) Supervisors. B) Foremen. C) Sales officers. D) Divisional heads. Show Answer Correct Answer: D) Divisional heads. 15. What do you mean by management: A) Completing task on time. B) Completing task with minimum cost. C) Completing task on time with minimum cost. D) Not completing task. Show Answer Correct Answer: C) Completing task on time with minimum cost. 16. The Topper group is looking to make a foray into manufacturing of semiconductors and it has set up a business to seize the business opportunity and add to its prospects in the long run. The company has already pivoted into a number of 16 new projects like electronics, 5G network equipment, as well as semiconductors. Which economic objective of management does the business seek to fulfill? A) Survival. B) Growth. C) Profit. D) Efficiency. Show Answer Correct Answer: B) Growth. 17. Which of the following statements does not pertain to middle-level management? A) They are responsible for all the activities of the operational managers. B) They are responsible for the welfare and survival of the organisation. C) The interpreter of the policies is made by top-level managers. D) Cooperate with other departments for the smooth running of the organisation. Show Answer Correct Answer: B) They are responsible for the welfare and survival of the organisation. 18. What is the name of management institute established in India? A) IIM. B) AIMA. C) IIT. D) AMI. Show Answer Correct Answer: A) IIM. 19. Which of the following is not the organisational objectives? A) Profit. B) Giving employment opportunities to disadvantaged section of society. C) Survival. D) Growth. Show Answer Correct Answer: B) Giving employment opportunities to disadvantaged section of society. 20. Keeping in view the changes in consumer demands and preferences 'Tastemaker Bakery' has reduced the sugar and fat content in it's products. This approach of business shows that management is: A) An intangible force. B) A group activity. C) A dynamic function. D) A multidimensional activitg. Show Answer Correct Answer: C) A dynamic function. 21. Coordination is needed where the efforts of ..... persons are required? A) One person. B) Two persons. C) Three persons. D) Many persons. Show Answer Correct Answer: D) Many persons. 22. Both company A and company B are using the same amount of resources however the output of company A is higher than that of company B. Identify the concept in which the company A as an edge over the company B. A) Effectiveness. B) Efficiency. C) Both effectiveness and efficiency. D) None of the above. Show Answer Correct Answer: B) Efficiency. 23. "Co-ordination is the process whereby an executive develops an orderly pattern of group efforts among his subordinates and secures unity of action in the pursuit of common purpose."Who gave this definition? A) E.F.L.Brech. B) McFarland. C) Theo Haimann. D) Henry Fayol. Show Answer Correct Answer: B) McFarland. 24. Providing healthy working conditions and ensuring quality work is the function of- A) Top Level Management. B) Middle Level Management. C) Lower Level Management. D) All of these. Show Answer Correct Answer: C) Lower Level Management. 25. Identify the feature of coordination being highlighted in the given statement: "coordination is not a one time function but it begins at the planning stage and continue till controlling." A) Coordination ensures Unity of action. B) Coordination is an all pervasive function. C) Coordination is a continuous process. D) Coordination is a deliberate function. Show Answer Correct Answer: C) Coordination is a continuous process. ← 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