This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 2 Principles Of Management – Quiz 15 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 2 Principles Of Management Quiz 15 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of the following is emphasized by universalism in business ethics? A) Profit maximization. B) Human rights and dignity. C) Cultural relativism. D) Environmental sustainability. Show Answer Correct Answer: B) Human rights and dignity. 2. What is the nature of management principles? A) Rigid and fixed. B) General Guidelines. C) Only theoretical. D) Strictly financial. Show Answer Correct Answer: B) General Guidelines. 3. This function of management that involves developing an organizational structure and allocating human resources to ensure the accomplishment of objectives. A) Planning. B) Organizing. C) Controlling. D) Directing. Show Answer Correct Answer: B) Organizing. 4. The concept of Nursing Management are all except A) Performance oriented view. B) Decision oriented view. C) Institution oriented view. D) Function oriented view. Show Answer Correct Answer: C) Institution oriented view. 5. A learning organization has developed its ..... A) Educational department to keep employees trained. B) Capacity to adapt and change. C) Barriers to entry of its markets. D) A sustainable competitive advantage that is easy to maintain. Show Answer Correct Answer: B) Capacity to adapt and change. 6. Planning is A) Job-oriented. B) Men-oriented. C) Goal-oriented. D) None of these. Show Answer Correct Answer: C) Goal-oriented. 7. Suggests that the best way to manage a specific organization depends on, and is determined by, identifying the optimal fit between its structure, culture, environment, technology, and strategy. A) Contingency theory. B) Systems approach. C) Bounded rationality. D) Management science. Show Answer Correct Answer: A) Contingency theory. 8. Explain how a performance-based remuneration system aligns with the principle of remuneration. A) It ensures fair compensation based on individual performance. B) It guarantees equal pay for all employees regardless of performance. C) It focuses on seniority rather than performance. D) It disregards employee contributions. Show Answer Correct Answer: A) It ensures fair compensation based on individual performance. 9. Which of the following is not an example of formal communication? A) Text Message. B) Email. C) Project status report. D) Status meeting. Show Answer Correct Answer: B) Email. 10. In our home if all members need to be happy ..... What principles should we follow. A) Subordination of individual interest to general interest. B) Division of work. C) Discipline. D) All of the above. Show Answer Correct Answer: D) All of the above. 11. The principle states that there should be one head and one plan- A) Principle of unity of direction. B) Principle of centralization. C) Principle of scalar chain. D) Principle of equality. Show Answer Correct Answer: A) Principle of unity of direction. 12. Virtue ethics emphasizes the importance of cultivating ..... qualities in individuals and organizations to guide ethical decision-making and actions. A) Virtuous. B) Materialistic. C) Competitive. D) Indifferent. Show Answer Correct Answer: A) Virtuous. 13. Some companies refer to their corporate social responsibility activities as ..... A) Sustainability. B) Profit maximization. C) Market segmentation. D) Brand loyalty. Show Answer Correct Answer: A) Sustainability. 14. When employees are specialized, output can increase because they become increasingly skilled and efficient. A) Division of Work. B) Subordination of Individual Interests to the General Interest. C) Centralization. D) None of the above. Show Answer Correct Answer: A) Division of Work. 15. ..... among the following was the first to identify functions of management A) Henry fayol. B) Max Weber. C) Harold Koontz. D) F.W Taylor. Show Answer Correct Answer: A) Henry fayol. 16. 7) Scientific Management: A) Adopts trial and error method. B) Eliminates rule of thumb approach. C) Stress on forecasting. D) All of the above. Show Answer Correct Answer: B) Eliminates rule of thumb approach. 17. The professionals normally charge ..... for their service rendered to the client. A) Profit. B) Fees. C) Surplus. D) Cost. Show Answer Correct Answer: B) Fees. 18. Luther Gullik classifies the function of management as ..... A) POSDCORB. B) POSTCARD. C) POSBCORD. D) POSDORBC. Show Answer Correct Answer: A) POSDCORB. 19. Which of the following is a responsibility of managers in an organization? A) Ignoring official documents and guidelines. B) Developing a culture of success within the organization. C) Focusing solely on financial outcomes. D) Limiting communication with team members. Show Answer Correct Answer: B) Developing a culture of success within the organization. 20. First line managers are responsible for becoming the company policy maker and establishing all strategies. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 21. According to fayol, The positive atmosphere in the workplace will boost more positive productivity A) True. B) False. C) Partially True. D) None of the above. Show Answer Correct Answer: A) True. 22. Refers to using insights from an organization's actual strategy to improve its intended strategy. A) Strategic planning. B) Strategic learning. C) Content school. D) Process school. Show Answer Correct Answer: A) Strategic planning. 23. The selection of best alternative from many alternatives is known as ..... A) Selection. B) Decision making. C) Organising. D) Budgeting. Show Answer Correct Answer: B) Decision making. 24. A transactional leader does what: A) Maintaining the status quo. B) Is focused on and prioritises the needs of their team over their own personal needs. C) All the above. D) None of the above. Show Answer Correct Answer: A) Maintaining the status quo. 25. Name the principal where all employees working together to achieve the same goal of organisation A) Initiative. B) Unity of direction. C) Order. D) Equity. Show Answer Correct Answer: B) Unity of direction. ← PreviousNext →Related QuizzesClass 12 Business Studies Chapter 2 Principles Of Management Quiz 1Class 12 Business Studies Chapter 2 Principles Of Management Quiz 2Class 12 Business Studies Chapter 2 Principles Of Management Quiz 3Class 12 Business Studies Chapter 2 Principles Of Management Quiz 4Class 12 Business Studies Chapter 2 Principles Of Management Quiz 5Class 12 Business Studies Chapter 2 Principles Of Management Quiz 6Class 12 Business Studies Chapter 2 Principles Of Management Quiz 7Class 12 Business Studies Chapter 2 Principles Of Management Quiz 8Class 12 Business Studies Chapter 2 Principles Of Management Quiz 9Class 12 Business Studies Chapter 2 Principles Of Management Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books