This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 2 Principles Of Management – Quiz 50 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 2 Principles Of Management Quiz 50 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Middle and low level managers have the decision making power in ..... organizations. A) Centralized. B) Decentralized. C) All the above. D) None of the above. Show Answer Correct Answer: B) Decentralized. 2. External factors such as jobs and prices of natural resources are important factors that can affect organizational decisions. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 3. If a company allows employees to make small decisions about their work process without consulting the manager, it follows the principle of A) Initiative. B) Authority. C) Discipline. D) Centralization. Show Answer Correct Answer: A) Initiative. 4. .... describe the ability to analyze and diagnose a situation and distinguish between cause and effect. A) Technical skills. B) Human skills. C) Conceptual skills. D) IT skills. Show Answer Correct Answer: C) Conceptual skills. 5. Which of the following can be delegated? A) Responsibility. B) Authority. C) Accountability. D) All of the above. Show Answer Correct Answer: B) Authority. 6. An organization has a better chance to grow faster if its employees are stable A) Security of tenure. B) Remuneration. C) Esprit de corps. D) Equity. Show Answer Correct Answer: A) Security of tenure. 7. A formal system of task and reporting relationships coordinates and motivates organizational members to work together to achieve organizational goals. A) Chart. B) Chain of command. C) Leadership. D) Organizational structure. Show Answer Correct Answer: D) Organizational structure. 8. Economics systems models A) Capitalism. B) Communism. C) Socialism. D) All of the above. Show Answer Correct Answer: D) All of the above. 9. What does the principle of "Esprit de Corps" emphasize in management? A) Individual achievement. B) Team spirit and unity. C) Strict hierarchy. D) Financial incentives. Show Answer Correct Answer: B) Team spirit and unity. 10. It is mainly concerned in production A) Industry. B) Service. C) Manufacturing. D) None of the above. Show Answer Correct Answer: A) Industry. 11. It's a business strategy in which a company focuses on preserving its current market position. A) Differentiation Strategy. B) Growth Strategy. C) Stability Strategy. D) Cost Leadership Strategy. Show Answer Correct Answer: C) Stability Strategy. 12. 5) According to principle of 'Cooperation, Not individualism', competition should be replaced with ..... A) Cooperation. B) Harmony. C) Coordination. D) Management. Show Answer Correct Answer: A) Cooperation. 13. Which of the following is NOT one of the three sectors of sports? A) State or public. B) Financial. C) Non-profit or voluntary. D) Professional or commercial. Show Answer Correct Answer: B) Financial. 14. If a manager is NOT fair to his subordinates, which Management principle is violated here? A) Equity. B) Scalar Chain. C) Unity of Command. D) Unity of Direction. Show Answer Correct Answer: A) Equity. 15. Forecasts are usually classified by time horizon into three categories A) Short-range, medium-range, and long-range. B) Strategic, tactical, and operational. C) Departmental, organizational, and industrial. D) Finance/accounting, marketing, and operations. Show Answer Correct Answer: A) Short-range, medium-range, and long-range. 16. The ability to minimize the use of resources in achieving organizational objectives; "DOING THINGS RIGHT" . A) EFFECTIVENESS. B) EFFICIENCY. C) All the above. D) None of the above. Show Answer Correct Answer: B) EFFICIENCY. 17. Considering the fact that it is difficult to find one single person with all the needed qualities, Taylor suggested appointment of a specialist through this technique of scientific management. Identify the technique. A) Standardisation and simplification of work. B) Method study. C) Functional foremanship. D) Motion study. Show Answer Correct Answer: C) Functional foremanship. 18. On what basis the scientific principles of management were derived. A) Observation. B) Experimentation. C) Practice. D) All. Show Answer Correct Answer: D) All. 19. Parul is a manager in a fast-food restaurant, and she supervises employees who serve the food. As such, Parul is a ..... manager. A) First-line. B) Middle. C) Human resource. D) Product. E) Top. Show Answer Correct Answer: A) First-line. 20. In general, ..... uses a quantitative approach to find ways to increase productivity, improve quality, and manage or reduce costly inventories. A) Administrative management. B) Informational management. C) Communications management. D) Operations management. E) Management science. Show Answer Correct Answer: D) Operations management. 21. Work Study means A) To improve working conditions. B) Dividing work into sub processes. C) Doing work efficiently. D) All of the above. Show Answer Correct Answer: B) Dividing work into sub processes. 22. Workers cooperate to achieve common goals. Which principle is involved? A) Unity of Command. B) Esprit de Corps. C) Discipline. D) Authority. Show Answer Correct Answer: B) Esprit de Corps. 23. What does the term 'Kaizen' mean? A) Change for the worse. B) Improvement. C) To maintain the status quo. D) To eliminate all waste. Show Answer Correct Answer: B) Improvement. 24. Which of the following is NOT a significance of management principles? A) Universal Applicability. B) Scientific Decisions. C) Inflexibility. D) Meeting Changing Environmental Requirement. Show Answer Correct Answer: C) Inflexibility. 25. During an emergency, two employees communicate directly by bypassing formal hierarchy. This is known as: A) Scalar Chain. B) Unity of Direction. C) Gang Plank. D) Discipline. Show Answer Correct Answer: C) Gang Plank. ← 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