This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 2 Principles Of Management – Quiz 70 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 2 Principles Of Management Quiz 70 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. They are concerned with the development of management principles to increase the productivity of complex organizations like factories. Such principles serve as guidelines for managers. A) CLASSICAL MANAGEMENT. B) SCIENTIFIC MANAGEMENT. C) CLASSICAL ORGANIZATIONAL. D) None of the above. Show Answer Correct Answer: C) CLASSICAL ORGANIZATIONAL. 2. Cultural relativism argues that ethical standards are ..... specific and vary from one culture to another. A) Culturally. B) Universally. C) Scientifically. D) Legally. Show Answer Correct Answer: A) Culturally. 3. Which one of the following will make an agreement void? A) Mistake of one of the parties. B) Mistake of a law. C) Mistake of foreign law. D) Mistake of fact by both the parties. Show Answer Correct Answer: D) Mistake of fact by both the parties. 4. The aim of forecasting is to provide information for A) Planning. B) Decision making. C) Planning and decision making. D) None of the above. Show Answer Correct Answer: C) Planning and decision making. 5. How should the RELATIONS be between workers and managers A) Harmonious Relations. B) Conflict in interest. C) Only a. D) Both a and b. Show Answer Correct Answer: C) Only a. 6. *Focused on increasing worker productivity through the reduction of wasted motion. A) Frank and Lillian Gilbreth. B) Fredrick Taylor. C) All the above. D) None of the above. Show Answer Correct Answer: A) Frank and Lillian Gilbreth. 7. New White House orders ban DEI policies in programs that receive federal money in higher education. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 8. Management allows workers freedom to take initiative. Which principle applies? A) Centralisation. B) Initiative. C) Discipline. D) Order. Show Answer Correct Answer: B) Initiative. 9. According to the text, what does the veil of ignorance minimize in decision-making? A) Bias. B) Knowledge. C) Freedom. D) Resources. Show Answer Correct Answer: A) Bias. 10. Goal or target to be achieved is known as A) Schedule. B) Budget. C) Procedures. D) Objective. Show Answer Correct Answer: D) Objective. 11. Advantage of being Autocratic leader can be ..... A) Organisations can be turned around. B) Gets the job done quicklyDecision making is simple. C) If staff are skilled they can be highly motivated. D) None of the above. Show Answer Correct Answer: B) Gets the job done quicklyDecision making is simple. 12. The principles of management are intended to apply to all types of organisations, business as well as non-business, small as well large, public sector as well as privatesector, manufacturing as well as the services sectors.Identify the nature of principle of management described in the above para. A) General guidelines. B) Flexible. C) Universal applicability. D) Mainly behavioural. Show Answer Correct Answer: C) Universal applicability. 13. Courage plays a role in the moral awareness needed to identify something as unethical, the moral judgment to consider potential consequences, and the moral character to take ethical action. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 14. In order to be considered a manager, an individual must direct or oversee the work of others. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 15. What is MBE? A) Man Behind Enterprise. B) Machine Behind Engine. C) Management By Exception. D) Manage By Encouraging. Show Answer Correct Answer: C) Management By Exception. 16. When something goes wrong in these areas, the entire organisation suffers. They are ..... A) Key Defining Areas. B) Key losing Areas. C) Key Performing Areas. D) Key Result Areas. Show Answer Correct Answer: D) Key Result Areas. 17. A business strategy that includes the discontinuation of products and services that are no longer required. A) Differentiation Strategy. B) Focus Strategy. C) Growth Strategy. D) Retrenchment Strategy. Show Answer Correct Answer: D) Retrenchment Strategy. 18. Allotment of work to each worker on the basis of the capacity of an average worker functioning in the normal working condition is ..... A) Social Task Planning. B) Scientific Task Planning. C) Scientific Task Organizing. D) Not a planning. Show Answer Correct Answer: B) Scientific Task Planning. 19. These teams are often empowered and make decision without the approval of management? A) Problem-Solving Teams. B) Functional Teams. C) Self-Directed Teams. D) Cross-Functional teams. Show Answer Correct Answer: D) Cross-Functional teams. 20. Control system of an organization has no influence over the ..... A) Internal Environment. B) External Environment. C) Customers. D) Government. Show Answer Correct Answer: B) External Environment. 21. Who is known for the concept of Management by Objective (MBO)? A) Elton Mayo. B) F. W. Taylor. C) Peter F. Drucker. D) Henry Fayol. Show Answer Correct Answer: C) Peter F. Drucker. 22. Principle of ..... is based on 'A place for everything and everything in its place'. A) Discipline. B) Order. C) Equity. D) None of the above. Show Answer Correct Answer: B) Order. 23. What is the primary purpose of the organizing function in management? A) To create confusion and disarray. B) To establish clear authority relationships and group activities. C) To promote inefficiency and lack of structure. D) To encourage chaos and confusion. Show Answer Correct Answer: B) To establish clear authority relationships and group activities. 24. PWC has branches in over 150 countries A) Strength. B) Weakness. C) Opportunity. D) Threats. Show Answer Correct Answer: A) Strength. 25. Which of the following is NOT one of Henry Fayol's 14 principles of management? A) Division of Work. B) Centralization. C) Scalar Chain. D) Laissez-Faire. Show Answer Correct Answer: D) Laissez-Faire. ← 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