This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 2 Principles Of Management – Quiz 24 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 2 Principles Of Management Quiz 24 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What does PESTEL analysis stand for? A) Political, Economic, Social, Technological, Environmental, Legal. B) Personal, Economic, Social, Technological, Environmental, Legal. C) Political, Economic, Social, Technological, Environmental, Local. D) Political, Economic, Social, Technological, Environmental, Labor. Show Answer Correct Answer: A) Political, Economic, Social, Technological, Environmental, Legal. 2. What is efficiency? A) Doing things right, or getting the most output from the least amount of inputs. B) Doing the right things or doing those work activities that will result in achieving goals. C) All the above. D) None of the above. Show Answer Correct Answer: A) Doing things right, or getting the most output from the least amount of inputs. 3. Principles of management are formed by A) Experimentation and observation. B) Research in laboratory. C) None of the above. D) All of the above. Show Answer Correct Answer: A) Experimentation and observation. 4. Which of the following is a complex blend of Objective, Goal, Strategy, Policies and rules A) Project. B) Programme. C) Schedule. D) Training Programme. Show Answer Correct Answer: B) Programme. 5. This technique of scientific management aims to determine the amount and frequency of rest intervals that should be provided to the employees during working hours. A) Time study. B) Method study. C) Motion study. D) None of the above. Show Answer Correct Answer: D) None of the above. 6. In some countries, such as Venezuela, titles, rank, and status carry a lot of weight These countries have a large: A) Power distance. B) Uncertainty avoidance. C) Short-versus long-term orientation. D) Individualism versus collectivism. Show Answer Correct Answer: A) Power distance. 7. Define Ethics A) A perception about what is right or wrong. B) Thoughtful decisions about behavior. C) Principles, values, and beliefs that define what is right and wrong behavior. D) None of these. Show Answer Correct Answer: C) Principles, values, and beliefs that define what is right and wrong behavior. 8. The more the decision-making power of lower-level employees, the more decentralized the organization is. A) FALSE. B) TRUE. C) All the above. D) None of the above. Show Answer Correct Answer: B) TRUE. 9. Management ensures workers receive incentives and timely salaries. Which principle is reflected? A) Equity. B) Remuneration. C) Stability. D) Discipline. Show Answer Correct Answer: B) Remuneration. 10. Which one of these is more a trait of a leader than a manager? A) Depends on authority. B) Shows how it is done. C) Commands and takes credit. D) Inspires fear. Show Answer Correct Answer: B) Shows how it is done. 11. Who are the people who plan, organize, lead, and control the activities of the organization? A) All of the above. B) Top level managers. C) Middle managers. D) First line managers. Show Answer Correct Answer: A) All of the above. 12. ..... , father of scientific management was the first person to consider management as a science. A) Henri Fayol. B) Elton Mayo. C) F.W Taylor. D) Luther Gullick. Show Answer Correct Answer: C) F.W Taylor. 13. Which of the following is the correct meaning of concentration of decision-making authority? A) Span of management. B) Centralisation. C) Decentralisation. D) None of the above. Show Answer Correct Answer: B) Centralisation. 14. Collections of people work together and coordinate their actions to achieve various goals or desired future outcomes. A) Organizations. B) Management. C) Performance. D) Outcomes. Show Answer Correct Answer: A) Organizations. 15. When should a manager use downward communication? A) When coordinating between departments. B) When expressing personal feelings. C) When giving instructions, policies, or work guidelines. D) When asking for feedback from employees. Show Answer Correct Answer: C) When giving instructions, policies, or work guidelines. 16. * Largest share of a rapidly growing market* Organization must invest substantially* Investment usually worthwhileThe information refers to ..... in BCG matrix. A) Question marks. B) Cash cows. C) Stars. D) Dogs. Show Answer Correct Answer: C) Stars. 17. Use the following information to answer the next question.For the smooth functioning of an organisation it is essential for both the managers and the workers to understand each other's importance and cooperate with each other.Which of the following alternative concepts (as introduced by Taylor) is being referred to in the given statement? A) Espirit de corps. B) Mental revolution. C) Harmony, not discord. D) Cooperation, not individualism. Show Answer Correct Answer: B) Mental revolution. 18. A person is said to be sound mind for the purpose of making a contract if at the time of making it he is:1. Of the age of majority2. Capable of understanding the contract though unable to form a rational judgement as to it's effect upon his interest.3. Capable of understanding it and of forming a rational judgement as to it's effect upon his interest. Which of the statements given above is/are correct? A) 1 only. B) 1, 2 and 3. C) 2 and 3 only. D) 3 only. Show Answer Correct Answer: D) 3 only. 19. ..... involves simplifying, shrinking, or downsizing an organization's operations to lower operating costs. A) Restructuring. B) Dissemination. C) In sourcing. D) Empowering. E) Outsourcing. Show Answer Correct Answer: A) Restructuring. 20. Which system of management gives due importance to 'specialisation'? A) SCIENTIFIC MANAGEMENT. B) ADMINISTRATIVE MANAGEMENT. C) BOTH A AND B. D) NONE A AND B. Show Answer Correct Answer: A) SCIENTIFIC MANAGEMENT. 21. Which of the following is known as the process of getting activities completed efficiently and effectively with and through other people? A) Leading. B) Management. C) Supervision. D) Controlling. Show Answer Correct Answer: B) Management. 22. What is the importance of recognizing the interrelationships between authority, responsibility, and accountability within an organizational context? A) It helps in improving communication and reducing conflicts. B) It ensures that tasks are completed on time. C) It allows for better financial management. D) It increases the number of employees in an organization. Show Answer Correct Answer: A) It helps in improving communication and reducing conflicts. 23. This principle requires the managers to be kind and just to workers A) Order. B) Equity. C) All the above. D) None of the above. Show Answer Correct Answer: B) Equity. 24. What is the biggest challenge within the first year of becoming a manager? A) People challenges. B) Workload. C) Mastering the job. D) Expectations vs reality. Show Answer Correct Answer: A) People challenges. 25. 12) Principles of management are applicable to all types of organisation. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. ← 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