This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 1 Nature And Significance Of Management – Quiz 5 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 5 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. In order to survive, an organisation must earn enough ..... to cover costs. A) Revenues. B) Subsidies. C) Penalties. D) Donations. Show Answer Correct Answer: A) Revenues. 2. The process by which a manager synchronises the activities of different departments is known as ..... A) Coordination. B) Co-operation. C) Organising. D) Supervision. Show Answer Correct Answer: A) Coordination. 3. ..... is a systematised body of knowledge that explains certain general truths or the operation of general laws. A) Science. B) Art. C) Experience. D) Intuition. Show Answer Correct Answer: A) Science. 4. Name the function of management in which 'Deciding policies, Procedures, Objectives of an Organisation' A) Planning. B) Organising. C) Directing. D) Controlling. Show Answer Correct Answer: A) Planning. 5. Bhuvan is the manager of northern division of a large corporate house. At what level does he work in the organization? A) Top Level Management. B) Middle Level Management. C) Operational Level Management. D) All of the above. Show Answer Correct Answer: B) Middle Level Management. 6. The management of Ashirvad Industries offers employment to physically challenged persons. Which objective is it trying to achieve? A) Social objective. B) Personal objective. C) Organisational objective. D) All the above. Show Answer Correct Answer: A) Social objective. 7. "An organization is collection of diverse individuals with different needs." Which characteristic is highlighted in this statement? A) Management is pervasive. B) Management is dynamic function. C) Management is a group activity. D) Management is a continuous process. Show Answer Correct Answer: C) Management is a group activity. 8. The function of management related to grouping of activities to be carried out into departments and creating management hierarchy is A) Planning. B) Organizing. C) Controlling. D) Directing. Show Answer Correct Answer: B) Organizing. 9. Management is called a process because: A) It is sufficient to the manufacturing process. B) It is relevant for social organizations. C) It involves a series of functions. D) None of the above. Show Answer Correct Answer: C) It involves a series of functions. 10. Following is not an element of coordination A) Integrating. B) Balancing. C) Unifying. D) Cooperating. Show Answer Correct Answer: D) Cooperating. 11. In order to be successful, an organisation mustchange itself and its goals according to the needs of the environment. Which characteristic of management is highlighted here? A) Pervasive. B) Intangible. C) Group activity. D) Dynamic. Show Answer Correct Answer: D) Dynamic. 12. Functions of management are performed one after another as well as ..... by all managers all the time. A) Simultaneously. B) Occasionally. C) Separately. D) Sequentially. Show Answer Correct Answer: A) Simultaneously. 13. "The effect of management is noticeable in an organisation where targets are met according to plans and employees are happy and satisfied." Which characteristic of management is highlighted in the above statement? A) Group activity. B) Dynamic function. C) Intangible force. D) Continuous process. Show Answer Correct Answer: C) Intangible force. 14. How does a manager want to achieve his objectives? A) Efficiently. B) Effectively. C) Efficiently and Effectively. D) None of these. Show Answer Correct Answer: C) Efficiently and Effectively. 15. Identify one of the type of Objectives of Management which can be measured in terms of sales volume increase, increase in the number of employees or increase in the capital investment. A) Satisfaction. B) Profit. C) Growth. D) Survival. Show Answer Correct Answer: C) Growth. 16. The process of creating an internal environment, where individual work effectively and efficiently for achievement of goal is known as A) Coordination. B) Delegation. C) Management. D) Planning. Show Answer Correct Answer: C) Management. 17. If your father is working as an chief operating officer then he was working as which level of management A) Top level management. B) Lower level management. C) Operational level of management. D) Middle level of management. Show Answer Correct Answer: D) Middle level of management. 18. "Management consists of an on-going series of functions." Which characteristic of management is highlighted by this statement? A) Management is a continuous process. B) Management is a one-time activity. C) Management is autocratic. D) Management is decentralized. Show Answer Correct Answer: A) Management is a continuous process. 19. ..... efficiency is associated with ..... effectiveness which is the aim of all managers. A) Delayed. B) Average. C) Poor. D) High. Show Answer Correct Answer: D) High. 20. Successfull organisation do not achieve goals by chance but by following a deliberate process known as A) Planning. B) Co-ordination. C) Management. D) Controlling. Show Answer Correct Answer: C) Management. 21. Management unites the efforts of different individuals in the organisation towards achieving its goals.Which characteristics of management is being highlighted here? A) Dynamic. B) Goal oriented. C) Intangible. D) Pervasive. Show Answer Correct Answer: B) Goal oriented. 22. Effectiveness relates to ..... A) Doing the right task. B) Completing activities. C) Achieving goals. D) All of the above. Show Answer Correct Answer: D) All of the above. 23. Level of management in an organisation serve as a ..... line among the different managerial posts. A) Strong. B) Dividing. C) Weak. D) Straight. Show Answer Correct Answer: B) Dividing. 24. Which function of management ensure completing of work as planned A) Organising. B) Directing. C) Coordination. D) Controlling. Show Answer Correct Answer: D) Controlling. 25. By evaluating results what does management try to find out and then takes corrective actions? A) Profit. B) Loss. C) Financial Position. D) Deviations. Show Answer Correct Answer: D) Deviations. ← 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 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