This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 2 Principles Of Management – Quiz 74 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 2 Principles Of Management Quiz 74 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. It is putting the right men on the right job A) Organizing. B) Planning. C) Staffing. D) Directing. Show Answer Correct Answer: C) Staffing. 2. What does the term 'labour turnover' refer to? A) The total number of employees in a company. B) The number of employees hired. C) The rate at which employees leave an organization. D) The average salary of employees. Show Answer Correct Answer: C) The rate at which employees leave an organization. 3. Differential piece rate plan means paying more attention to: A) Age. B) Experience. C) Quantity of production. D) All of these. Show Answer Correct Answer: C) Quantity of production. 4. Combination of tangible and intangible products. A) PRODUCT. B) SERVICES. C) AUGMENTED. D) ALTERNATIVE. Show Answer Correct Answer: C) AUGMENTED. 5. According to Milton Friedman, what is the primary responsibility of a corporation? A) Fostering a culture of ethical decision-making. B) Maximizing profits for its shareholders within the bounds of the law. C) Promoting social responsibility. D) Creating codes of conduct. Show Answer Correct Answer: B) Maximizing profits for its shareholders within the bounds of the law. 6. A subordinate should work under the supervision of one superior only from whom he gets instructions and to whom he is accountable A) Unity of Command. B) Unity of Direction. C) All the above. D) None of the above. Show Answer Correct Answer: A) Unity of Command. 7. At which level of management would this question be relevant:How should employees be organized to allow them to make the best use of resources? A) Middle management. B) Supervisor. C) First-line management. D) All levels of management. E) Top management. Show Answer Correct Answer: A) Middle management. 8. 'One man one boss', which principles is this? A) Unity of direction. B) Division of work. C) Unity of command. D) None of the above. Show Answer Correct Answer: C) Unity of command. 9. Span of control refers to the number of people that a manager can supervise. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 10. Which function of management is involved in motivating subordinates to do their best at work? A) Planning. B) Organizing. C) Leading. D) Controlling. Show Answer Correct Answer: C) Leading. 11. Uses the tools of mathematics, statistics, and other quantitative techniques to inform management planning, decision-making, and problem solving (e.g., break-even analysis; forecasting projections, inventory-modeling, linear programming) A) Contingency theory. B) Bounded rationality. C) Management science. D) Systems approach. Show Answer Correct Answer: C) Management science. 12. ..... is the Customary method for handling future activities is known as A) Policies. B) Procedures. C) Rules. D) Strategy. Show Answer Correct Answer: B) Procedures. 13. What is the typical qualification required for a managerial position? A) High school diploma. B) Bachelor's degree. C) No formal education required. D) Specific managerial certification. Show Answer Correct Answer: B) Bachelor's degree. 14. Each member of organisation should receive orders only from one superior. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 15. What is the minimum age included in the labor force? A) 13. B) 16. C) 18. D) 21. Show Answer Correct Answer: B) 16. 16. Discipline must be upheld in organizations, but methods for doing so can vary. A) Discipline. B) Centralization. C) Authority. D) None of the above. Show Answer Correct Answer: A) Discipline. 17. He developed a theory of bureaucratic Management that provided a strictly defined hierarchy with specific regulations and lines of authority. A) HENRI FAYOL. B) MAX WEBBER. C) ROBERT OWEN. D) HENRY GANTT. Show Answer Correct Answer: B) MAX WEBBER. 18. Which of the following is not management function? A) Planning. B) Organizing. C) Motivating. D) Controlling. Show Answer Correct Answer: C) Motivating. 19. Which one below is not Fayol's principle. A) Division of work. B) Stability of prsonnel. C) Espirit de corps. D) Differential piece wage. Show Answer Correct Answer: D) Differential piece wage. 20. Specify whether the statement is true/ false.'There is difference between unity of command and unity of direction'. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 21. "This refers to the belief that there must be a unified team contribution and that cooperation is always greater than the aggregate of individual performances" refers to: A) Authority and responsibility. B) Unity of command. C) Esprit De Corps. D) Order. Show Answer Correct Answer: C) Esprit De Corps. 22. There is no single, universal standard of ethical behavior that a manager can use to make ..... decisions. A) Specific. B) Random. C) Unethical. D) Easy. Show Answer Correct Answer: A) Specific. 23. The following are the importance of management EXCEPT A) Encourage initiative. B) Encourage innovation. C) Improves working facilities. D) Improves life of workers. Show Answer Correct Answer: C) Improves working facilities. 24. A manager who possesses knowledge of the processes, equipment, and potential problems of an industry would possess what type of managerial skill? A) Technical. B) Administrative. C) Interpersonal. D) Organizational. Show Answer Correct Answer: A) Technical. 25. The economic component of the external environment or in PEST analysis includes factors such as inflation rates, interest rates and economic growth A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. ← 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