NCERT Class 12 Chapter 1 Business Studies Nature and Significance Of Management MCQ

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Page 1 of 3

1. Which is not a function of Management of the following?

A. Planning

B. Controlling

C. Cooperating

D. Staffing.

2. Successful organisations do not achieve goals by chance but by following a deliberate process known as
(a) Planning

A. Planning

B. Co-ordination

C. Controlling

D. Management

3. Which one of the following is not an importance of management?

A. Integrating various interest groups

B. Developing society

C. Disciplining employees

D. Inculcating creativity

4. Setting Objective is a function of:-

A. Middle level management

B. Operational level management

C. Top level Management

D. None of the above

5. Management is essential for the organisations which are

A. Non-profit organisations

B. Service organisations

C. Social organisations

D. All of the above

6. Which one of the following statements is not correct?

A. Management is a goal-oriented process

B. Management is a continuous process

C. Management is a dynamic process

D. Management is a rigid process.

7. Which one of the following sequence of process of management is correct:

A. Planning, Controlling, Organising, Staffing

B. Staffing, Planning, Organising, Controlling

C. Planning, Organising, Staffing, Controlling

D. Organising, Planning, Staffing, Controlling

8. Management contains a series of interrelated functions that include

A. Planning

B. Organising

C. Directing

D. All of the above

9. Management is not

A. an applied science

B. a pure science.

C. an art

D. an art and science both

10. Management ensures:

A. Providing employment opportunities

B. Maintaining profit

C. Ensuring maximum utilisation of resources

D. Control on cost

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11. People in the organisations carry out diverse tasks with the aim to achieve

A. Different objectives

B. Common objectives

C. Both of the above

D. None of the above

12. In which category does management fall?

A. Well-established profession

B. Semi-profession

C. Emerging profession

D. Marginal profession

13. A manager obtains the required capital at 12% interest while the prevailing rate of interest happens to be10%. How would you describe such a manager?

A. Efficient

B. Effective

C. Efficient and Effective

D. Inefficient

14. Successful management ensures that

A. Goals are achieved with least cost

B. Timely achievement of goals

C. Both of the above

D. None of the above

15. Top management is concerned with formulation of

A. guidelines for supervisors.

B. long-term plans

C. short-term plans

D. None of these

16. Whose specialty happens to be ‘personal skill’?

A. Profession

B. Art

C. Science

D. None of these

17. Efficiency is concerned with

A. Doing the right thing

B. Doing things righ

C. Achieving end results

D. None of the above

18. Coordination is

A. a management function

B. the essence of management.

C. an objective of management.

D. a social objective

19. At what level of management does the Chief Executive Officer operate?

A. Top-level

B. Middle-level

C. Lower-level

D. None of these

20. Effectiveness relates to

A. Doing the right task

B. Completing activities

C. Achieving goals

D. All of the above

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21. The element that aims at integrating group efforts to achieve group objectives is called _

A. Cooperation

B. Coordination

C. Management

D. Directing

22. ‘Thinking before doing’, under which function of management is this performed?=

A. Controlling

B. Directing

C. Organising

D. Planning

23. Rohan works as a production manager in Global Enterprises Limited. He has been given the task of getting 1000 units of hand woven table mats manufactured at the cost of ₹150 per unit within 10 days. In order to be acknowledged as an effective manager, he must ensure that

A. The cost of production does not exceed ₹150 per unit

B. The work is completed within 10 days even at higher cost per unit

C. The cost of production is less than ₹150 per unit

D. All of the above

24. Management is multidimensional because it has _ dimension(s).

A. One

B. Two

C. Three

D. Four

25. ‘Arrangement of various resources for achieving Target, under which function of management is this performed

A. Controlling

B. Directing

C. Organising

D. Planning