This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 2 Principles Of Management – Quiz 28 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 2 Principles Of Management Quiz 28 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Law requires that companies and their auditors provide reports to financial statement users about the effectiveness of internal controls over financial reporting procedures. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 2. Formal decision making authority is held by a few people, usually at the top A) Centralization. B) Decentralization. C) Organization. D) None of the above. Show Answer Correct Answer: A) Centralization. 3. An area of management that deals in managing the process in producing goods and services efficiently and effectively. A) Total Quality Management. B) Quality Management. C) Operations Management. D) Principles of Management. Show Answer Correct Answer: C) Operations Management. 4. Which of the following is a modern recruitment method? A) Word of mouth. B) Social media recruiting. C) Job fairs. D) Newspaper ads. Show Answer Correct Answer: B) Social media recruiting. 5. When using ..... to change organizational culture, the key to success is to choose behaviors that are central to and symbolic of the old culture you're changing and the new culture you want to create. A) Conditioned and classical learning. B) Behavioral substitution and behavioral addition. C) Negative and positive reinforcements. D) Attitudinal motivation and conditional learning. E) None of the above. Show Answer Correct Answer: B) Behavioral substitution and behavioral addition. 6. Which of the following statements best describes the principle of 'Division of Work'? A) Work should be divided into small task. B) Labour should be divided. C) Resources should be divided among jobs. D) It leads to specialization. Show Answer Correct Answer: D) It leads to specialization. 7. Which principle ensures that each PE student or school athlete reports to only one superior? A) Unity of Command. B) Unity of Direction. C) Scalar Chain. D) Authority and Responsibility. Show Answer Correct Answer: A) Unity of Command. 8. Which factor has been the most rapidly changing component in an organization's general environment in the past quarter-century? A) Global. B) Economic. C) Social. D) Technological. Show Answer Correct Answer: D) Technological. 9. Which of the following views of managerial impact is useful in explaining the high turnover among college and professional sports coaches who can be considered the "managers" of their teams? A) Symbolic. B) Omnipotent. C) Generalist. D) Autocratic. Show Answer Correct Answer: B) Omnipotent. 10. Which of the following is NOT a keyword related to management principles? A) Service. B) Organization. C) Market. D) Chaos. Show Answer Correct Answer: D) Chaos. 11. Life-cycle analysis (LCA) is a process of analyzing all of the inputs and outputs of a product, "cradle-to-grave" to determine the total ..... impact of the product. A) Environmental. B) Economic. C) Technological. D) Aesthetic. Show Answer Correct Answer: A) Environmental. 12. Managers should strive to minimize employee turnover. Personnel planning should be a priority. A) Stability of Tenure of Personnel. B) Discipline. C) Order. D) None of the above. Show Answer Correct Answer: A) Stability of Tenure of Personnel. 13. We should not get stuck by old techniques ..... Rather we should experiment and develop new techniques. A) Science not rule of thumb. B) Development of each and every person to his or her greatest efficiency and purpose. C) Functional foremanship. D) None of the above. Show Answer Correct Answer: A) Science not rule of thumb. 14. Management by Objectives states that: A) Managers set the objectives. B) Managers set objectives and clearly communicate them to staff. C) Managers and employees work together to set objectives. D) None of the above. Show Answer Correct Answer: C) Managers and employees work together to set objectives. 15. Principles of management enable managers to learn from past mistakes and conserve time by solving recurring problems quickly. Which significance of principles of management is highlighted here? A) Providing managers with useful insights into reality. B) Optimum utilisation of resources and effective administration. C) Scientific decisions. D) Meeting changing environment requirements. Show Answer Correct Answer: A) Providing managers with useful insights into reality. 16. The study consists of an organized, systematic and critical assessment of various activities. A) Time Study. B) Work Study. C) Motion Study. D) None of the above. Show Answer Correct Answer: B) Work Study. 17. ..... first created the theory in 1954 when writing his book 'The Practice of Management' . It was popular in industry in the 1960's A) Manager. B) Obama. C) Peter Drucker. D) Einstein. Show Answer Correct Answer: C) Peter Drucker. 18. The ability to analyze and diagnose a situation and to distinguish between cause and effect. A) Managerial skills. B) Conceptual skills. C) Marketing skills. D) Bossy skills. Show Answer Correct Answer: B) Conceptual skills. 19. Managers focus on optimizing social and ecological well-being, while ensuring organizations remain financially viable (i.e., SET management does not focus on maximizing financial well-being) A) TRUE. B) FALSE. C) All the above. D) None of the above. Show Answer Correct Answer: A) TRUE. 20. Assumes that people find satisfaction in their work A) Theory Y. B) Theory X. C) Theory Z. D) None of the above. Show Answer Correct Answer: A) Theory Y. 21. In the management process activities there are activities setting goals, setting strategies, and developing plans to coordinate the activities included in the activities A) Planning. B) Organizing. C) Leading. D) Controlling. Show Answer Correct Answer: A) Planning. 22. Conseuence of violating principle of remuneration A) Employees will get motivated. B) Employees will get demotivated. C) Both. D) None. Show Answer Correct Answer: B) Employees will get demotivated. 23. Playstation wants to start manufacturing VR headsets A) Strength. B) Weakness. C) Opportunity. D) Threats. Show Answer Correct Answer: C) Opportunity. 24. True or False:Poor organization design can lead to higher profit and better customer relations. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 25. What is the first principle of management according to Fayol? A) Discipline. B) Unity of Command. C) Authority. D) Division of Work. Show Answer Correct Answer: D) Division of Work. ← 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