This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 2 Principles Of Management – Quiz 78 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 2 Principles Of Management Quiz 78 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Determining how best to group activities and resources is defined as: A) Organizing. B) Planning and Decision Making. C) Controlling. D) Leading. Show Answer Correct Answer: A) Organizing. 2. What is the main goal of Lean Manufacturing? A) To reduce waiting time. B) To increase in-process inventory. C) To increase processing time. D) To increase scrap in manufacturing processes. Show Answer Correct Answer: A) To reduce waiting time. 3. Which of the following is a function of Business Management? A) Recruitment. B) Planning. C) Code of Ethics. D) Technology. Show Answer Correct Answer: B) Planning. 4. Management is considered a universal process because it is applicable to: A) Only business organizations. B) Only government organizations. C) All types of organizations. D) Only profit-making firms. Show Answer Correct Answer: C) All types of organizations. 5. Doing a tedious part of your job just so you can get a paycheck is an example of: A) External Motivation. B) Intrinsic Motivation. C) Introjected Motivation. D) Identified Motivation. Show Answer Correct Answer: A) External Motivation. 6. When a minor is supplied with necessaries of life, the supplier: A) Cannot recover the price. B) Can recover the price. C) Can recover the price form the property of the minor. D) Can file a criminal case. Show Answer Correct Answer: C) Can recover the price form the property of the minor. 7. What type of skills tends to be equally important at all levels of management? A) Decisional skills. B) Human skills. C) Conceptual skills. D) Technical skills. E) Motivation skills. Show Answer Correct Answer: B) Human skills. 8. Organizational ..... is an area that if exploited, may generate higher performance. A) Strengths. B) Weaknesses. C) Opportunities. D) Threats. Show Answer Correct Answer: C) Opportunities. 9. "The interests of one employee should not be allowed to become more important than those of the group." The statement defines what principle of management? A) Authority. B) Division of Work. C) Subordination of Individual Interest to the General Interest. D) Unity of Direction. Show Answer Correct Answer: C) Subordination of Individual Interest to the General Interest. 10. What is the main difference between Management and Administration? A) Management focuses on people, while Administration focuses on tasks. B) Management is hierarchical, while Administration is flat. C) Management is a science, while Administration is an art. D) Management is proactive, while Administration is reactive. Show Answer Correct Answer: A) Management focuses on people, while Administration focuses on tasks. 11. The company avoids frequent changes in employee positions. Which principle is reflected? A) Stability of Tenure. B) Order. C) Initiative. D) Centralisation. Show Answer Correct Answer: A) Stability of Tenure. 12. For companies having a customer service line, if your complaint is not resolved in 3 days, it goes to the local manager, if not resolve in 5 days, it goes to regional head, and if not resolved in 7 days it goes to national heads A) Division of work. B) Authority. C) Scalar chain. D) Order. Show Answer Correct Answer: C) Scalar chain. 13. CSR involves engaging with various stakeholders to understand their concerns and interests. This is called ..... A) Stakeholder Engagement. B) Financial Auditing. C) Product Placement. D) Market Segmentation. Show Answer Correct Answer: A) Stakeholder Engagement. 14. Franchising involves the activity of buying products from foreign countries for use or resale locally. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 15. ..... is the process of searching for prospective employees and stimulating them to apply for the post A) Recruitment. B) Selection. C) Promotion. D) Demotion. Show Answer Correct Answer: A) Recruitment. 16. Which of the following is true about Principles of Management? A) The principles of management are in a continuous process of evolution. B) The principles of management have evolved. C) The principles of management have not evolved. D) None of the above. Show Answer Correct Answer: A) The principles of management are in a continuous process of evolution. 17. Managerial Roles A) INTERPERSONAL, RELATIONSHIPS, TRANSFERRING INFORMATION, DECISION MAKING. B) KEEPING THE BOOKS, MAKING THE SCHEDULE AND BUILDING RELATIONSHIP. C) NONE OF THESE ANSWERS ARE CORRECT. D) None of the above. Show Answer Correct Answer: A) INTERPERSONAL, RELATIONSHIPS, TRANSFERRING INFORMATION, DECISION MAKING. 18. Contingent plan to meet environmental pressures is ..... A) Objectives. B) Rules. C) Strategies. D) Procedures. Show Answer Correct Answer: C) Strategies. 19. Scientific management is developed by ..... A) Fayol. B) Taylor. C) Mayo. D) Jacob. Show Answer Correct Answer: B) Taylor. 20. Teams with the same objective should be working under the direction of one manager, using one plan. This will ensure that action is properly coordinated. A) Unity of Command. B) Unity of Direction. C) Centralization. D) None of the above. Show Answer Correct Answer: B) Unity of Direction. 21. Who takes the initiative to start a Joint Stock Company? A) Registrar. B) Government. C) Shareholders. D) Promoters. Show Answer Correct Answer: D) Promoters. 22. This leadership style can be effective in situations where group members are highly qualified in an area of expertise. A) Autocratic. B) Democratic. C) Open Laissez-Faire. D) Situational. Show Answer Correct Answer: C) Open Laissez-Faire. 23. ..... in the work place is a powerful tool that the managers can use to achieve their team goals A) Planning. B) Organizing. C) Motivating. D) Controlling. Show Answer Correct Answer: C) Motivating. 24. "A subordinate should have only one superior to whom he or she is directly responsible" . The statement refers to ..... A) Unity of command. B) Chain of command. C) Centralization. D) Decentralization. Show Answer Correct Answer: A) Unity of command. 25. The dimensions of quality are A) Performance. B) Reliability. C) Aesthetics. D) All these. Show Answer Correct Answer: D) All these. ← 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