This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 2 Principles Of Management – Quiz 53 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 2 Principles Of Management Quiz 53 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Dividing the work into small tasks is known as ..... A) Discipline. B) Division of work. C) Unity. D) Equity. Show Answer Correct Answer: B) Division of work. 2. A budget is an example of which of the following plan? A) Strategic plan. B) Single use plan. C) Informal plan. D) Standing plan. Show Answer Correct Answer: B) Single use plan. 3. Which of the following best describes utilitarianism in business ethics? A) Focusing only on shareholder profits. B) Making decisions based on the greatest overall happiness or utility. C) Following government regulations strictly. D) Prioritizing individual employee happiness. Show Answer Correct Answer: B) Making decisions based on the greatest overall happiness or utility. 4. These are intangible products produced by the organization. A) PRODUCT. B) SERVICES. C) AUGMENTED. D) ALTERNATIVE. Show Answer Correct Answer: B) SERVICES. 5. Patricia and her friends all take their cars to Monty's Mechanics because Monty's has demonstrated the ability to figure out complex problems and repair cars. Monty and his mechanics demonstrate ..... skills. A) Conceptual. B) Human. C) Technical. D) Intuitive. E) Organizing. Show Answer Correct Answer: C) Technical. 6. ..... is a strategy in which an organization concentrates on a specific regional market, product line or group of buyer. A) Differentiation strategy. B) Focus strategy. C) Overall cost leadership strategy. D) Specific strategy. Show Answer Correct Answer: B) Focus strategy. 7. Employees should be aware of where they stand in the organization's hierarchy, or chain of command. A) Subordination of Individual Interests to the General Interest. B) Scalar Chain. C) Hierarchy. D) None of the above. Show Answer Correct Answer: B) Scalar Chain. 8. Max Weber influence which part of management flows? A) Scientific management. B) Human Relations. C) Administrative perspective. D) Resource based view. Show Answer Correct Answer: C) Administrative perspective. 9. A manager arranges materials, tools, and personnel to start a new project. This is an example of A) Controlling. B) Staffing. C) Organising. D) Directing. Show Answer Correct Answer: C) Organising. 10. What factors cause change in a business? A) Internal factors. B) External factors. C) All the above. D) None of the above. Show Answer Correct Answer: A) Internal factors. 11. Which principle of management is concerned with fair and satisfactory payment for services rendered? A) Remuneration. B) Discipline. C) Unity of Direction. D) Division of Work. Show Answer Correct Answer: A) Remuneration. 12. The job-specific knowledge and techniques required to perform an organizational role. A) Human skills. B) Competitive advantage. C) Job-specfic. D) Technical skills. Show Answer Correct Answer: D) Technical skills. 13. The old control technique(s) which were used through years is (are) A) Unity of policies. B) Break-even analysis. C) Budgetary control. D) All of the above. Show Answer Correct Answer: D) All of the above. 14. Which principle of management leads to specialisation? A) Division of work. B) Unity of command. C) Unity of direction. D) Scalar chain. Show Answer Correct Answer: A) Division of work. 15. Sustainable growth meets present needs without harming the needs of ..... generations. A) Future. B) Past. C) Current. D) Ancient. Show Answer Correct Answer: A) Future. 16. Excellent sales staff with strong knowledge of existing products A) Strength. B) Weakness. C) Opportunity. D) Threats. Show Answer Correct Answer: A) Strength. 17. In management process, the most misinterpreted word is A) Organizing. B) Delegating. C) Controlling. D) Planning. Show Answer Correct Answer: A) Organizing. 18. Planning is the function of management is- A) Secondary. B) Primary. C) Unnessessary. D) None of the above. Show Answer Correct Answer: B) Primary. 19. ..... Decisions are repetitive in nature A) Major and supplementary. B) Organisational and personal. C) Basic and routine. D) Group and individual. Show Answer Correct Answer: C) Basic and routine. 20. Centralisation refers to A) Opening new branches. B) Separation of divisions or levels. C) Dispersal of decision making authority. D) Retention of decision making authority at the top level. Show Answer Correct Answer: D) Retention of decision making authority at the top level. 21. An industry with a dynamic business environment faces the maximum amount of environmental uncertainty. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 22. What is the definition of an objective? A) A defined specified outcome to be achieved in the long-term. B) A clearly defined and measureable outcome to be achieved over a specified time frame. C) A clear set of goals to be attained given a set number of resources. D) D) set of standard of performance agreed by managers and workers. Show Answer Correct Answer: B) A clearly defined and measureable outcome to be achieved over a specified time frame. 23. In a departure from mainstream management thinking, Mary Parker Follett believedSelect one: A) Conflict could be beneficial. B) Group dynamics produces positive peer pressure. C) Work specialization was the key to efficiency. D) Pay should be performance-based. E) Rules and procedures should be applied without favoritism. Show Answer Correct Answer: A) Conflict could be beneficial. 24. What is the purpose of Six Sigma approach? A) To increase inefficiencies. B) To reduce waste in business processes. C) To slow down production processes. D) To maintain the current level of performance. Show Answer Correct Answer: B) To reduce waste in business processes. 25. The Gilbreths were best known for A) Hand motion study. B) Body motion study. C) Therbligs. D) All of them. Show Answer Correct Answer: D) All of them. ← 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