This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 1 Nature And Significance Of Management – Quiz 3 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 3 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Name the level of management involved in "Taking key decisions" . A) Top Level Management. B) Middle Level Management. C) Operational Level Management. D) All of the above. Show Answer Correct Answer: A) Top Level Management. 2. Successful management ensure that A) Goals are achieved with least cost. B) Goals are achieved with least cost timely achievement of goals. C) Both of the above. D) Both of the above none of the above. Show Answer Correct Answer: C) Both of the above. 3. DOING TASK WITH MINIMUM COST A) COORDINATION. B) EFFECTIVENESS. C) EFFICIENCY. D) ORGANISING. Show Answer Correct Answer: C) EFFICIENCY. 4. Management is said to be poor if it i A) Efficient but ineffective. B) Effective but inefficient. C) Both inefficient and ineffective. D) All of the above. Show Answer Correct Answer: C) Both inefficient and ineffective. 5. Sharman uses methods of production which do not affect the environment. He is trying to achieve ..... objective of management. A) Social. B) Economic. C) Personnel. D) Organisational. Show Answer Correct Answer: A) Social. 6. Ramesh is working as Vice President (Sales) in an organisation. Identify the Level of management, Ramesh is working at. A) Top. B) Middle. C) Lower. D) Foremen. Show Answer Correct Answer: A) Top. 7. What feature of coordination ensures that work proceeds towards common goals? A) Coordination is a deliberate function. B) Coordination is a continuous process. C) Coordination ensures unity of action. D) Coordination integrates group efforts. Show Answer Correct Answer: C) Coordination ensures unity of action. 8. "The basic motive of a profession is to serve their client's interests by rendering dedicated and committed service." Identify the characteristic being referred here. A) Well-defined body of knowledge. B) Restricted Entry. C) Professional Association. D) Service Motive. Show Answer Correct Answer: D) Service Motive. 9. Name the process of designing and maintaining an environment in which individuals working together in groups efficiently accomplish selected aims. A) Supervision. B) Management. C) Leadership. D) Coordination. Show Answer Correct Answer: B) Management. 10. A function of management which is not a separate function of management but it is is the essence of management. A) . Planning. B) Coordination. C) Controlling. D) Corporation. Show Answer Correct Answer: B) Coordination. 11. Identify the nature of management when it is practiced as personal application of existing knowledge to achieve desired results. A) Management as an art. B) Management as a science. C) Management as a profession. D) None of these. Show Answer Correct Answer: A) Management as an art. 12. Management of Alpha Ltd. has installed a special recycling plant to recycle the waste instead of dumping the waste in ground. It is also providing employment opportunities to local residents. Company started a school nearby for the children of their employees. Identify the objectives company is fulfilling. A) Social. B) Personal. C) Economic. D) Social and personal. Show Answer Correct Answer: D) Social and personal. 13. Successful organisations 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. 14. Policy formation is the function of A) Operational management. B) Middle-level management. C) Top-level management. D) All of these. Show Answer Correct Answer: C) Top-level management. 15. In order to become a lawyer one has to register himself as a member of Bar Council of India. Which feature of profession being revealed: A) Restricted Entry. B) Ethical code of conduct. C) Service Motive. D) Presence of professional associations. Show Answer Correct Answer: D) Presence of professional associations. 16. Which level of management is concerned with developing cooperation with other departments for smooth functioning of organisation? A) Top level. B) Supervisory level. C) Middle level. D) Operational level. Show Answer Correct Answer: C) Middle level. 17. Which of the following characteristic is not present in management as a profession? A) Code of Conduct. B) Professional Degree. C) Restricted entry. D) Well Defined Body of Knowledge. Show Answer Correct Answer: C) Restricted entry. 18. A petrol pump needs to be managed as much as a school or a hospital. Which feature of management is being highlighted here? A) Goal-oriented. B) Multidimensional. C) All pervasive. D) Dynamic function. Show Answer Correct Answer: C) All pervasive. 19. "Sarayu Ltd has changed its objectives because of change in business environment." Which characteristic of management is mentioned here? A) Management is all pervasive. B) Management is a dynamic process. C) None of these. D) Management is a continuous process. Show Answer Correct Answer: B) Management is a dynamic process. 20. Management helps in achieving Organisation or group goal. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 21. 'Arrangement of various resources for achieving target', under which function of management is this performed? A) Controlling. B) Directing. C) Organising. D) Planning. Show Answer Correct Answer: C) Organising. 22. This level of management serves as a link between top-level managers and first-line managers A) Supervisory level management. B) Operational management. C) Middle-level management. D) None of the above. Show Answer Correct Answer: C) Middle-level management. 23. Name the function of management which coordinates the physical, financial and human resources and establishes productive relations among them for the achievement of specific goals. A) Organising. B) Controlling. C) Planning. D) None of these. Show Answer Correct Answer: A) Organising. 24. To which level of management do the managers of first-line belong? A) Lower-level. B) Middle-level. C) Top-level. D) None of these. Show Answer Correct Answer: A) Lower-level. 25. Smart industries is able to achieve the target production of 5000 units within the prescribed period. However, to achieve the target on time, additional Rs. 40, 000 were paid as overtime wages to employees. Do you think Smart Industries is effective and efficient in its working? A) Effective but not efficient. B) Efficient but not effective. C) Both effective and efficient. D) Neither effective nor efficient. Show Answer Correct Answer: A) Effective but not efficient. ← 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 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 10Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books