This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 2 Principles Of Management – Quiz 85 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 2 Principles Of Management Quiz 85 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. A plan that provides guidelines for repetitive action is called: A) Rule. B) Policy. C) Budget. D) Program. Show Answer Correct Answer: B) Policy. 2. This principle suggests that work should be assigned to a person for which he is best suited. Work should be divided into compact jobs to be assigned to individuals A) Authority and responsibility. B) Division of Work. C) Discipline. D) Unity of Command. Show Answer Correct Answer: B) Division of Work. 3. Which of the following is NOT a key characteristic of an organization's ethical climate? A) Values and Beliefs. B) Leadership Influence. C) Financial Profit. D) Employee Perception. Show Answer Correct Answer: C) Financial Profit. 4. ABC Ltd. is facing a situation where the employees are not motivated to work efficiently. The management is considering implementing a reward system to boost employee morale and productivity. Which principle of management is the management trying to apply in this scenario? A) Unity of Command. B) Scalar Chain. C) Remuneration of Personnel. D) Division of Labor. Show Answer Correct Answer: C) Remuneration of Personnel. 5. Which is the last step in planning process A) Follow-up action. B) Evaluatingalternative courses. C) Implementing the plan. D) Selecting an alternative. Show Answer Correct Answer: A) Follow-up action. 6. What award can employees win at the similar theme park in the North East of England? A) Top Performer. B) Outstanding Performance. C) Great Work. D) Employee of the Month. Show Answer Correct Answer: C) Great Work. 7. Which act does Lurleen B. Wallace Community College comply with to support people with disabilities? A) Americans with Disabilities Act of 1990. B) Civil Rights Act of 1964. C) Education Amendments of 1972. D) Rehabilitation Act of 1973. Show Answer Correct Answer: A) Americans with Disabilities Act of 1990. 8. The government is giving grants to firms who lower their co2 emissions A) Strength. B) Weakness. C) Opportunity. D) Threats. Show Answer Correct Answer: C) Opportunity. 9. ..... A system of management in which most of the decisions are made by top management A) Formal organization. B) Centralization. C) Decentralization. D) None of the above. Show Answer Correct Answer: B) Centralization. 10. Q2) Which of the following best defines management? A) The process of getting things done through others. B) The process of controlling and manipulating resources. C) The process of achieving individual goals. D) The process of decision-making within an organization. Show Answer Correct Answer: A) The process of getting things done through others. 11. Employees are entitled to fair and reasonable remuneration, but what constitutes just and fair remuneration is decided by a variety of variables. They include the employee's contribution, the employer's payment capacity, and the current salary rate for the occupation in question. Which aspect of the Management Principles is highlighted above? A) General Guidelines. B) Universal applicability. C) Flexible. D) Contingent. Show Answer Correct Answer: D) Contingent. 12. ..... is the management of people by a business to meet the strategic objectives of the business. A) Asset management. B) Financial management. C) Resources Management. D) Human resource management. Show Answer Correct Answer: D) Human resource management. 13. Refers to the combination of goals, plans, and actions that are designed to accomplish an organization's mission. A) Business Strategy. B) Tactics. C) Strategic Management. D) Strategy. Show Answer Correct Answer: D) Strategy. 14. ..... who created the 14 Principles of management. A) Henry Fayol. B) Lilyan Gelberth. C) Adam Smith. D) None of the above. Show Answer Correct Answer: A) Henry Fayol. 15. It means equal pay for equal work A) Remuneration. B) Stability of tenure. C) Authority and responsibility. D) None of the above. Show Answer Correct Answer: A) Remuneration. 16. A purchase manager had to purchase 500 tonnes of raw material from the supplier who quoted the least. The purchase was made from his son who is also a supplier who quoted a high price ..... Which principle of management is violated. A) Subordination of individual interest to general interest. B) Scalar chain. C) Order. D) Initiative. Show Answer Correct Answer: A) Subordination of individual interest to general interest. 17. Every situation requires a good leader to be resolved successfully. A) False. B) True. C) All the above. D) None of the above. Show Answer Correct Answer: A) False. 18. How many business functions are there? A) 2. B) 6. C) 8. D) 4. Show Answer Correct Answer: C) 8. 19. Mental revolution is a concept of which principle. A) Harmony not discord. B) Cooperation not individualism. C) Coordination. D) None of the above. Show Answer Correct Answer: A) Harmony not discord. 20. A risk society is one in which the creation and distribution of wealth generate by-products that can cause injury, loss, or danger to people and the ..... A) Environment. B) Economy. C) Government. D) Media. Show Answer Correct Answer: A) Environment. 21. Which of following is not a feature of planning? A) Planning is futuristic. B) Planning is pervasive. C) Planning establishes standards for controlling. D) Planning focuses on achieving objectives. Show Answer Correct Answer: C) Planning establishes standards for controlling. 22. The study of the movement of an employee as well as a machine while completing a particular task. A) Motion Study. B) Time Study. C) All the above. D) None of the above. Show Answer Correct Answer: A) Motion Study. 23. Daniel and his family stayed at a hotel that provides elegant furnishings and a beautiful landscape, creating an impression of quality service. What component of service marketing is described? A) Price. B) Physical evidence. C) Quality service. D) Time & place. Show Answer Correct Answer: B) Physical evidence. 24. The manager at LMN Ltd has the right to give orders and is held accountable for results. Identify the principle. A) Authority and Responsibility. B) Discipline. C) Equity. D) Initiative. Show Answer Correct Answer: A) Authority and Responsibility. 25. SMART objectives are? A) Specific, Measurable, Achievable, Relevant, and Time-Bound. B) Smart, middle, agreed, real, trust. C) Smile, mind, real, agreed, trust. D) None of the above. Show Answer Correct Answer: A) Specific, Measurable, Achievable, Relevant, and Time-Bound. ← 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