This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 1 Nature And Significance Of Management – Quiz 7 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 1 Nature And Significance Of Management Quiz 7 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. 'Corrective action' comes under which function of management? A) Planning. B) Organising. C) Directing. D) Controlling. Show Answer Correct Answer: D) Controlling. 2. 'Some co-ordination is required by an independent person to reconcile the differences in approach, interest or opinion of the specialists.' Identify the importance of Co-ordination in this statement. A) Specialisation. B) Functional Differentiation. C) Growth in size. D) Deliberate function. Show Answer Correct Answer: A) Specialisation. 3. 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) None of the above. Show Answer Correct Answer: C) Solving problems of lower level management. 4. Which of the following statements is not true for Lower Level Management? A) Analyse the business environment and its implications for the survival of the business. B) Ensure the quality of the output. C) They strive to reduce the wastage of the resources. D) They ensure that safety standards are maintained within the organisation. Show Answer Correct Answer: A) Analyse the business environment and its implications for the survival of the business. 5. Setting objectives is a function of which level of management? A) Middle-level management. B) Operational level management. C) Top-level management. D) None of the above. Show Answer Correct Answer: C) Top-level management. 6. Management has to adapt itself according to the changing environment. Which characteristic of management is highlighted in this statement? A) Continuous process. B) Group activity. C) Dynamic function. D) Goal oriented. Show Answer Correct Answer: C) Dynamic function. 7. In order to be successful, an organisation must change its goals according to the needs of the environment. Which characteristic of management is highlighted in the statement? A) Management is a dynamic function. B) Management is a rigid process. C) Management focuses only on profit. D) Management is limited to top level. Show Answer Correct Answer: A) Management is a dynamic function. 8. How is management an intangible force? A) Its presence is felt through orderliness and coordination in the working environment. B) It appears only in financial statements at year-end. C) It can be measured directly with a physical gauge. D) It exists only when profits are high. Show Answer Correct Answer: A) Its presence is felt through orderliness and coordination in the working environment. 9. Which process integrates activities of different departments? A) Management. B) Coordination. C) Organising. D) Controlling. Show Answer Correct Answer: B) Coordination. 10. "Management is a Science" . Do you agree? A) Yes. B) No. C) Can't say. D) It is an impure science. Show Answer Correct Answer: D) It is an impure science. 11. Setting objective is the function of A) Middle level management. B) Operational level management. C) Top level management. D) None of the above. Show Answer Correct Answer: C) Top level management. 12. Name the level of manage which belongs to the post of President, Chairman, CEO, MD, Commissioner, etc. 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. 13. Management is a ..... activity. A) Accounting. B) Individual. C) Group. D) None of these. Show Answer Correct Answer: C) Group. 14. Yo-Yo Ltd's target is to produce 10, 000 shirts per day at a cost of Rs 100 per shirt. The Production manager acheived this target at a cost of Rs 90 per shirt. Production Manager is: A) Effective only. B) Efficient only. C) Both of above. D) None of these. Show Answer Correct Answer: C) Both of above. 15. Which of the following is NOT a dimension of management? A) Goal-oriented. B) Multi-dimensional. C) Continuous process. D) Static. Show Answer Correct Answer: D) Static. 16. Goal setting is the function of A) CEO. B) Foreman t. C) Supervisor. D) Superintendent. Show Answer Correct Answer: A) CEO. 17. Which concept of management requires balancing, timing and integration of activities to ensure planned objectives are achieved with minimum of conflicts? A) Cooperation. B) Coordination. C) Management. D) Planning. Show Answer Correct Answer: B) Coordination. 18. Mohan is retired from the post of a foreman in a factory. At what level of management is he working? A) Lower level. B) Operational level. C) Supervisory level. D) All of the above. Show Answer Correct Answer: D) All of the above. 19. What is management? A) Getting things done through others. B) Making people work forcefully. C) Monitoring by hook or crook. D) Working all day. E) A. Show Answer Correct Answer: A) Getting things done through others. 20. By evaluating results what does management try to find out and then takes corrective action. A) Profit. B) Loss. C) Deviations. D) None of these. Show Answer Correct Answer: C) Deviations. 21. The element that aims at integrating group efforts to achieve group objectives is called ..... A) Cooperation. B) Coordination. C) Management. D) Direction. Show Answer Correct Answer: C) Management. 22. Coordination is not a separate function of management. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 23. Thanuja is working as CEO in a foreign bank operating in India. Identify the management level at which he is working. A) Top level. B) Lower level. C) Middle level. D) None of these. Show Answer Correct Answer: A) Top level. 24. Identify the nature of management when it is practiced as personalized application of existing knowledge to achieve desired results: A) Management is an Art. B) Management is a Science. C) Management is a profession. D) Management is both art and science. Show Answer Correct Answer: A) Management is an Art. 25. Which force is considered as the essence of management? A) Leadership. B) Motivation. C) Co-ordination. D) Supervision. Show Answer Correct Answer: C) Co-ordination. ← 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 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