This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 2 Principles Of Management – Quiz 31 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 2 Principles Of Management Quiz 31 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. A good example of Political Environment is Taxation Policy. A) TRUE. B) FALSE. C) All the above. D) None of the above. Show Answer Correct Answer: B) FALSE. 2. Operatives A) PEOPLE WHO WORK DIRECTLY ON A JOB OR TASK. B) INDIVIDUALS WITH SPECIFIC JOB TITLES. C) INDIVIDUALS WITH UNIQUE ABILITIES. D) None of the above. Show Answer Correct Answer: A) PEOPLE WHO WORK DIRECTLY ON A JOB OR TASK. 3. Explain the concept of bounded rationality in decision making. A) Individuals are limited by their cognitive abilities, time constraints, and information availability. B) Individuals are not constrained by time in decision making. C) Individuals have access to all the information they need. D) Individuals have unlimited cognitive abilities and time. Show Answer Correct Answer: A) Individuals are limited by their cognitive abilities, time constraints, and information availability. 4. Management principles provides: A) Guidelines for managerial action. B) Readymade solution to managerial problems. C) Guarantee for success of an organisation. D) All of the above. Show Answer Correct Answer: A) Guidelines for managerial action. 5. Scientific management was concerned with improving efficiency and work methods for individual workers. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 6. Mental revolution means A) Change in attitude of management and worker towards each other. B) Management is the authority. C) Workers should depend on management. D) None of the above. Show Answer Correct Answer: A) Change in attitude of management and worker towards each other. 7. Top management requires more of ..... skills whereby lower level management require more of ..... skills. A) Human, conceptual. B) Technical, Human. C) Conceptual, Technical. D) Human, technical. Show Answer Correct Answer: C) Conceptual, Technical. 8. It was during the 1900-1930's period that the first general theories of Management began to evolve. What theory of management is it? A) CLASSICAL MANAGEMENT. B) SCIENTIFIC MANAGEMENT. C) CLASSICAL ORGANIZATIONAL. D) None of the above. Show Answer Correct Answer: A) CLASSICAL MANAGEMENT. 9. Organizations should strive to promote team spirit and unity. A) Esprit de Corps. B) Unity of Command. C) Unity of Direction. D) None of the above. Show Answer Correct Answer: A) Esprit de Corps. 10. Who is the Father of Scientific Management A) Henry Fayol. B) Fedrick Taylor. C) Henry Mintzberg. D) Peter Drucker. Show Answer Correct Answer: B) Fedrick Taylor. 11. Who is known as 'father of scientific management'? A) F. W. Taylor. B) Henry fayol. C) All the above. D) None of the above. Show Answer Correct Answer: A) F. W. Taylor. 12. How many types of needs are there in motivation A) 2. B) 3. C) 5. D) 6. Show Answer Correct Answer: C) 5. 13. How can "Monitoring Social Demands and Expectations" help an organization improve its social responsiveness? A) It helps organizations increase their profits by reducing costs. B) It allows organizations to identify and address emerging social issues, ensuring their actions align with societal expectations. C) It is used to forecast future sales trends. D) It focuses solely on internal employee satisfaction. Show Answer Correct Answer: B) It allows organizations to identify and address emerging social issues, ensuring their actions align with societal expectations. 14. Basic approaches for selecting among alternatives A) Experience. B) Experimentation. C) Research and Analysis. D) All of the above. Show Answer Correct Answer: D) All of the above. 15. Virtue ethics encourages a ..... perspective on ethical behavior, suggesting that individuals and organizations should aim for sustained virtuous conduct and build a reputation for ethical behavior over time. A) Long-term. B) Short-term. C) Narrow. D) Impulsive. Show Answer Correct Answer: A) Long-term. 16. LG and Sony electronics agreed to cooperate on developing new technologies. Representatives from each firm meet regularly to coordinate this new venture Which of the following roles these mangers are playing? A) Liaison. B) Leader. C) Disseminator. D) Spokesperson. Show Answer Correct Answer: A) Liaison. 17. 1) Management principles aim at influencing behaviour of human beings.' Which feature of principles of management is being highlighted here? A) Mainly behavioural. B) Flexible. C) Universal application. D) Cause and effect relationship. Show Answer Correct Answer: A) Mainly behavioural. 18. Within the context of business ethics, what does egoism suggest individuals should do? A) Act in the interest of others. B) Act in their self-interest and prioritize their well-being over the interests and well-being of others. C) Always follow the law. D) Avoid making decisions. Show Answer Correct Answer: B) Act in their self-interest and prioritize their well-being over the interests and well-being of others. 19. Which of the following best describes psychological egoism? A) It prescribes a particular ethical course of action. B) It is a descriptive theory that posits all human actions are motivated by self-interest. C) It requires individuals to act altruistically. D) It is not cited in discussions of egoism. Show Answer Correct Answer: B) It is a descriptive theory that posits all human actions are motivated by self-interest. 20. According to Taylor, "even a small production activity like loading figures of iron into boxes can be scientifically planned and managed. This can result in tremendous savings of human energy as well as wastage of time and materials." Identify the related principle of scientific management A) Harmony, not discord. B) Science, not rule of thumb. C) Development of each and every person to get his/her greatest efficiency and prosperity. D) None of the above. Show Answer Correct Answer: B) Science, not rule of thumb. 21. Which step is NOT part of the planning process? A) Setting objectives. B) Developing alternatives. C) Selection of best alternative. D) Directing. Show Answer Correct Answer: D) Directing. 22. The veil of ignorance highlights the importance of including the interests of all stakeholders in decision-making processes. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 23. Management A) THE PROCESS OF GETTING THINGS DONE, THROUGH AND WITH OTHER PEOPLE, WITH EFFICIENCY AND EFFECTIVENESS. B) THE PROCESS OF CONTROLLING RESOURCE. C) ALL OF THESE ANSWERS ARE INCORRECT. D) None of the above. Show Answer Correct Answer: A) THE PROCESS OF GETTING THINGS DONE, THROUGH AND WITH OTHER PEOPLE, WITH EFFICIENCY AND EFFECTIVENESS. 24. Goals, aims, purposes, missions and target is also known as ..... A) Objectives. B) Rules. C) Policies. D) Statement. Show Answer Correct Answer: A) Objectives. 25. Principles of management emphasize on logical and rational decision making rather than on the basis of bias and prejudice. The given statement highlights that the knowledge of principles of management leads to A) Providing managers with useful insight into reality. B) Scientific decisions. C) Meeting changing environmental requirements. D) All of the above. Show Answer Correct Answer: B) Scientific decisions. ← 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