Refer to CBSE Class 12 Business Studies Nature and Significance Of Management MCQs Set C provided below available for download in Pdf. The MCQ Questions for Class 12 Business Studies with answers are aligned as per the latest syllabus and exam pattern suggested by CBSE, NCERT and KVS. Chapter 1 Nature and Significance of Management Class 12 MCQ are an important part of exams for Class 12 Business Studies and if practiced properly can help you to improve your understanding and get higher marks. Refer to more Chapter-wise MCQs for CBSE Class 12 Business Studies and also download more latest study material for all subjects
MCQ for Class 12 Business Studies Chapter 1 Nature and Significance of Management
Class 12 Business Studies students should refer to the following multiple-choice questions with answers for Chapter 1 Nature and Significance of Management in Class 12.
Chapter 1 Nature and Significance of Management MCQ Questions Class 12 Business Studies with Answers
Question. What type of power management is?
(a) Visible
(b) Invisible
(c) Separate
(d) Collective
Answer : B
Question. To which level of management do the managers of first-line belong?
(a) Lower-level
(b) Middle – level
(c) Top-level
(d) None of these
Answer : A
Question. Coordination is needed where the efforts of ________ persons are required?
(a) One person
(b) Two persons
(c) Three persons
(d) Many persons
Answer : D
Question. The words cooperation and coordination are ________ .
(a) Opposite
(b) Synonym
(c) Complementary
(d) All the above
Answer : C
Question. What happens when the management of an organisation gets weakened?
(a) Organisation progresses
(b) Production increases
(c) Profit increases
(d) Organisation faces heavy loss
Answer : D
Question. What information do we get about coordination through the medium of interdependence of various processes?
(a) Meaning
(b) Characteristics
(c) Need
(d) None of these
Answer : C
Question. “Through motivation and leadership, the management helps individuals to develop team spirit, cooperation and commitment to group success” Identify the point of importance of management highlighted above.
(a) Management helps in achieving group goals
(b) Management increases efficiency
(c) Management creates a dynamic organisation
(d) Management helps in achieving personal objectives
Answer : A
Question. Which of the following proves that management is not an exact science?
(a) Management has its own theory and principles that have developed over a period of time, but it also draws on other disciplines such as economics, sociology, psychology and mathematics. Like any other organized activity, management has its own vocabulary of terms and concepts.
(b) Since management deals with human beings and human behaviour, the outcomes of these experiments are not capable of being accurately predicted or replicated.
(c) The application and use of principles of management is not universal. They have to be modified according to a given situation.
(d) Both b & c
Answer : D
Question. Whose speciality happens to be ‘personal skill’?
(a) Profession
(b) Art
(c) Science
(d) None of these
Answer : B
Question. How does a manager want to achieve his objectives?
(a) Efficiently
(b) Effectively
(c) Efficiently and effectively
(d) None of the above
Answer : C
Question. What is the name of the management institute established in India?
(a) IIT
(b) AIMA
(c) IIM
(d) ICICI
Answer : B
Question. Who said that management is a soft science?
(a) Ernest Dale
(b) G.R. Terry
(c) Keynes
(d) Fayol
Answer : A
Question. Cooperation means ________ .
(a) Desire to work jointly
(b) Determining Activities
(c) Both the above
(d) None of the above
Answer : A
Question. What out of the following has been called the essence of management?
(a) Communication
(b) Coordination
(c) Supervision
(d) Leadership
Answer : B
Question. “The aim of manager is to reduce costs and increase productivity through better planning, organising, directing, staffing and controlling the activities of the organisation.” Identify the point of importance of management highlighted above”
(a) Management helps in achieving group goals
(b) Management increases efficiency
(c) Management creates a dynamic organisation
(d) Management helps in achieving personal objectives
Answer : B
Question. “Unlike professions such as medicine and Law which require a practicing doctor or lawyer to possess valid degrees. Nowhere in the world it is mandatory for a manager to possess any such specific degree.” Identify the characteristic of profession that management does not fulfill in the statement being discussed above.
(a) Ethical code of conduct
(b) Restricted entry
(c) Professional association
(d) Service motive
Answer : B
Question. Which of the following has formalised methods of acquiring training and experience?
(a) Management
(b) Law
(c) Medical
(d) All of these
Answer : D
Question. For which of following minimum qualification has not been prescribed?
(a) Manager
(b) Doctor
(c) Lawyer
(d) Chartered Accountant
Answer : A
Question. What contributes to the elimination of complexities of large-scale organisations?
(a) Planning
(b) Directing
(c) Controlling
(d) Coordination
Answer : D
Question. Which of the following is true?
(a) Coordination is not equally important at all levels of management
(b) Coordination has no importance
(c) Coordination is equally important at all levels of management
(d) None of these
Answer : C
Question. Assertion(A): In order to enter into a profession, one has to acquire an educational degree by clearing specified examination conducted by required institutes.
Reason(R): All professions are bound by a code of conduct which guides the behaviour of its members.
(a) Both Assertion(A) and Reason(R) are True and Reason (R)is the correct explanation of Assertion(A).
(b) Both Assertion(A) and Reason(R) are True, but Reason (R)is not the correct explanation of Assertion(A).
(c) Assertion(A) is True, but Reason(R) is False.
(d) Assertion(A) is False, but Reason(R) is true.
Answer : B
Question. . Assertion (A): Successful Organisation need not follow a deliberate process, called management, to achieve its goals.
Reason(R): Management is the dynamic, life-giving element in every business. Without it, the resources of production remain resources and never become production.
(a) Both Assertion (A) and Reason(R) are True and Reason ( R)is the correct explanation of Assertion(A).
(b) Both Assertion (A) and Reason(R) are True , but Reason ( R)is not the correct explanation of Assertion(A).
(c) Assertion(A) is True, but Reason(R) is False.
(d) Assertion(A) is False, but Reason(R) is true.
Answer : D
Question. The principles of Physics and Chemistry are stable. What is your opinion about management?
(a) Stable
(b) Unstable
(c) No principle is available
(d) None of these
Answer : B
Question. Management is a/an
(a) Art
(b) Science
(c) Profession
(d) All of the above
Answer : D
Question: The following is not an objective of management
(a) Earning profits
(b) growth of the organisation
(c) providing employment
(d) policy making
Answer : D
Question. Radhey ltd. is diversifying its product lines. What organisational objective it is trying to achieve?
(a) Survival
(b) Profit
(c) Growth
(d) All of above
Answer : C
Question. Management ensures:
(a) Providing employment opportunities
(b) Maintaining profit
(c) Ensuring maximum utilisation of resources
(d) Control on cost
Answer : C
Question. Name the country in which management is accepted as profession.
(a) America
(b) Japan
(c) India
(d) America and Japan
Answer : D
Question. Management is important because:
(a) It helps in achieving group goals
(b) It helps in development of society
(c) It increases efficiency
(d) All of the above
Answer : D
Question. Management may be called which of the following science?
(a) Perfect Science
(b) Physics
(c) Applied Science
(d) Chemistry
Answer : C
Question: Which are the objectives of management
(a) Growth
(b) Survival
(c) Profit
(d) All the options
Answer : D
True/False
Question. Management is not an exact science because it fulfils principles of science fully in some situations and partly in others.
Answer : True
Question. A professional manager can possess professional degree or vast experience in a specialised field of business operations.
Answer : True
Question. Every manager must be the member of professional body/association.
Answer : False
Question. AIMA (All India Management Association) has a statutory backing.
Answer : False
Question. Co-operation in absence of co-ordination leads to waste of efforts.
Answer : True
Question. Creation of job positions from the top to bottom is known as hierarchy of the management.
Answer : True
Question. The top level of management is not responsible for all its activities of business and its impact on society.
Answer : False
Question. First line managers are also known as top level managers.
Answer : False
Question. Supervisory level managers are also known as divisional heads.
Answer : False
Question. In order to be considered a manager, an individual must coordinate the work of others.
Answer : False
One Word
Question. Identify the nature of management when it is said to be a systematised body of knowledge that explains certain general truths.
Answer : Management is a science.
Question. Which level of management spends more time on planning as compared to other levels?
Answer : Top level
Question. Name the level of management which is engaged in selection of employees.
Answer : Middle level
Question. Name the level of management which is engaged in liaison with outside world.Question45. Name the level of management which is engaged in liaison with outside world.
Answer : Top level
Question. Which level of managers are responsible for coordination?
Answer : All Levels
Question. Mr. Rounak, a director of Sunlight Bulbs Limited, gets involved in activities like procurement of raw material, production and dispatch of goods, employees discipline, etc. Name the level of management Mr Rounak belongs to.
Answer : Top level of management.
Question. “The truth, managers are born has been replaced with managers are made.” What nature of management is highlighted here?
Answer : Management is a profession.
Question. ‘A manager applies scientific methods and body of knowledge to a given situation, an issue or a problem in his own unique manner.’ Which aspect of nature of management is being discussed here?
Answer : Management as an art
Question. Give one designation each of top and middle-level management?
Answer : Top Level-CEO, Middle Level-Divisional Manager
Question. Name the level of management which is engaged in overseeing the activities of the workers
Answer : Supervisory/Lower level
Question. At which level of management does directing take place?
Answer : Every level of management.
Fill in the blanks
Question. An organisation is a collection of diverse _____ with different _____.
Answer : Individuals/needs
Question. The effect of management is ______in an organization where targets are met according to plans.
Answer : noticeable
Question. In order to be successful, an organisation must __________ itself and its goals according to the needs of the environment.
Answer : change
Question. A saying ‘Managers are_____’ has been replaced by ‘Managers are_____’.
Answer : born/made
Question. All _______ are based on well-defined body of knowledge.
Answer : professions
Question. The chain of command consisting of a series of managerial position is called the ________ of management.
Answer : hierarchy
Question. Management is a/an __________ force that cannot be seen but its presence can be felt.
Answer : Intangible
Question. Management is a ___________ function to have adapt itself to the changing environment.
Answer : dynamic
Question. __________ is an activity which is necessary wherever there is a group of people working in an organisation.
Answer : Management
Question. Management has been defined as a process of getting things done with the aim of achieving goals __________ and __________.
Answer : effectively/efficiently
MCQs for Chapter 1 Nature and Significance of Management Business Studies Class 12
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