CBSE Class 12 Business Studies Nature and Significance Of Management MCQs Set D

a) Management

b) Partnership

c) Consultancy

d) None of the options

Answer: Management

Question: The task of management is to make people work towards achieving the organisations goals, by making their strengths effective and their weaknesses irrelevant. Which dimension of management is being referred here?

a) Management of People

b) Management of Work

c) Management of Operations

d) None of the options

Answer: Management of People

Question: Coordination is the essence of management because

a) Coordination is a part of all management functions

b) Coordination is a part of Planning management functions

c) Coordination is a part of Staffing management functions

d) Coordination is a part of Controlling management functions

Answer: Coordination is a part of all management functions

Question: Management is an Art because

a) Existence of theoretical Knowledge and Application of knowledge

b) Existence of theoretical Knowledge

c) Application of knowledge

d) None of the options

Answer: Existence of theoretical Knowledge and Application of knowledge

Question: Management is a science because

a) Systematic body of Knowledge and Principles are based on repeated experiments

b) Systematic body of Knowledge

c) Principles are based on repeated experiments

d) None of the options

Answer: Systematic body of Knowledge and Principles are based on repeated experiments

Question: To meet the objectives of the firm the Management of ABC Ltd., offers employment to physically challenged person. Identify the organization and objective it is trying to achieve?

a) It is social objective

b) It is Profit objective

c) It is social objective and It is Profit objective

d) None of the options

Answer: It is social objective

Question: Who is known as the Father of Modern Management Theory

a) Henry Fayol.

b) Stanley Vence

c) Peter F. Drucker

d) Bayard Wheeler

Answer: Henry Fayol.

Question: Which function of management is bridges the gap between where we stand today and where we want to reach.

a) Planning

b) Efficiency

c) Co-Ordination

d) Staffing

Answer: Planning

Question: Objectives of Management are______

a) All the options

b) Achieve maximum output with minimum efforts

c) Optimum use of resource

d) Maximum prosperity

Answer: All the options

Question: Management is all pervasive because it is required

a) In all type of business

b) Only in Big Organisation

c) Only in Small Organisation

d) Only in Partnership business

Answer: In all type of business

Question: Which force is consisted as the essence of management

a) Co-Ordination

b) Less Communication

c) Lack of Co-Ordination

d) All the options

Answer: Co-Ordination

Question: Management is the process of conducting which set of function ____________

a) All the options

b) Planning

c) Organizing

d) Staffing

Answer: All the options

Question: Management is considered an art due to

a) All the options

b) Existence of Theoretical Knowledge

c) Personalised Application

d) Based on Practice and Creativity

Answer: All the options

Question: Where is need of Management

a) All the options

b) Top Level

c) Middle Level

d) Supervisory Level

Answer: All the options

Question: What is the Scope of Management

a) All the options

b) Production Management

c) Financial Management

d) Office Management

Answer: All the options

Question: What is the Nature of Management

a) All the options

b) Management is an Universal Process

c) Management is a profession

d) Management is an Acquired and inborn Quality

Answer: All the options

Question: According to the nature of management, Management can be considered as

a) Science and Art Both

b) Only Science

c) Only Art

d) Neither a science nor an art

Answer: Science and Art Both

Question: Management word uses as _____

a) A Process

b) A Subject

c) A Time Waste

d) All the options

Answer: A Process

Question: Management is considered as a multi-faceted concept because it is a complex activity that has __________main dimensions.

a) 3

b) 2

c) 4

d) 5

Answer: 3

Question: Management is a _______ Process

a) Goal Oriented

b) Target Oriented

c) Very Easy

d) All the options

Answer: Goal Oriented

Question: What are the characteristics of Management

a) All the options

b) Management is a social process

c) Management is a purposeful process

d) Management is a Collective process

Answer: All the options

a) Middle Level

b) Top Level

c) Lower Level

d) All the options

Answer: Middle Level

Question: Which is the Scope of Management

a) All the options

b) Production Management

c) Financial Management

d) Office Management

Answer: All the options

Question: Management is both Science and Art. Science can be defined as _________

a) Systematised body of knowledge

b) Restricted Entry

c) How to apply knowledge

d) All the options

Answer: Systematised body of knowledge

Question: Management is _________________

a) Multi Dimensional

b) Individual Activity

c) Not required in small business firms

d) Tangible force

Answer: Multi Dimensional

Question: Organisational objective is not concerned with__________

a) Supply of quality goods

b) Survival

c) Profit

d) Growth

Answer: Supply of quality goods

Question: Why is management also considered as a profession

a) Well-defined body of knowledge

b) Entry to profession is restricted

c) Professions are bound by code of conduct

d) Membership of Professional Association is compulsory

Answer: Well-defined body of knowledge

Question: Effectiveness is concerned with ____________

a) Doing the right task, completing activities and achieving goals

b) Doing the task correctly with minimum cost

c) Getting things done with the aim of achieving goals effectively and efficiently

d) None of the options

Answer: Doing the right task, completing activities and achieving goals

Question: Providing facilities of Schools, creches and hospitals is the _____objective of management.

a) Social Objective

b) Organisational Objective

c) Personal Objective

d) All the options

Answer: Social Objective

Question: Which is not an objective of management out of the following

a) Political Objective

b) Organisational Objective

c) Social Objective

d) Personal Objective

Answer: Political Objective

Question: Management is directly concerned with _______________

a) Management of People

b) Management of Money only

c) Management of Responsibilities

d) Management of Production and sales

Answer: Management of People

Question: Management is not ______________

a) Tangible force

b) Goal Oriented

c) Group Activity

d) Intangible force

Answer: Tangible force

Question: Hans Limited target production was 25,000 units in a year. Production manager was able to achieve this target but at a higher production cost. In this case, manager is ________ but not ________.

a) Effective but not efficient

b) Efficient but not effective

c) Efficient but not honest

d) All the options

Answer: Effective but not efficient

Question: Marketing and Personnel Managers are part of _____________

a) Middle Level Management

b) Top Level Management

c) Operational Level Management

d) Lower level

Answer: Middle Level Management

Question: Planning is concerned with specially ________

a) Formulation of Policies and Strategies

b) Manpower Planning

c) Management in Action

d) All the options

Answer: Formulation of Policies and Strategies

Question: Middle level management consists of

a) Finance Manager

b) Chairman

c) President

d) Supervisor

Answer: Finance Manager

Question: Efficiency is concerned with:

a) Utilisation of minimum resources

b) Completion of task

c) Cooperation

d) Right man at right job

Answer: Utilisation of minimum resources

Question: Under which function of management, policies and strategies are formulated

a) Planning

b) Organising

c) Directing

d) Controlling

Answer: Planning

Question: Coordination can be considered as

a) An essence of management

b) An objective of management

c) A function of management

d) None of the options

Answer: An essence of management

Question: Which is not an organisational/economic objective of management out of the following

a) Providing employment

b) Survival of the organisation

c) Earning Profits

d) Growth of the organisation

Answer: Providing employment

Question: Which is not a separate function of management out of the following

a) Cooperating

b) Planning

c) Controlling

d) Staffing

Answer: Cooperating

Question: Why Management is considered as Multi dimensional function

a) All the options

b) Management of work

c) Management of People

d) Management of operation

Answer: All the options

Question: Which are the functions performed by operational Level

a) All the options

b) Looking to safety of workers

c) To boost morale of workers.

d) Representing the problems of workers before the middle level management

Answer: All the options

Question: Management is essential for successful running of an enterprise, How

a) All the options

b) Management increases efficiency

c) Ensures optimum utilization of resources

d) Management creates dynamic organization

Answer: All the options

Question: Survival profit and growth are essential target of any business which objectives of management is referred here

a) Organizational objectives

b) Social objectives

c) Personal objectives

d) All the options

Answer: Organizational objectives

Question: Superintendent are included at which level of management

a) Supervisory Level

b) Top level

c) Middle level

d) None of the options

Answer: Supervisory Level

Question: Departmental managers are included at which level of management

a) Middle level

b) Top level

c) Lower level

d) None of the options

Answer: Middle level

Question: In which functions of management, standards are compared with actual, deviations are find out and corrective steps are taken

a) Controlling

b) Production

c) Finance

d) Staffing

Answer: Controlling

Question: Name the function of management which establishes organization structure and establishes authority and responsibility relations

a) Organizing

b) Finance

c) Staffing

d) Production

Answer: Organizing

Question: Doing the task with minimum cost name the term associated with management

a) Efficiency

b) Staffing

c) Production

d) Finance

Answer: Efficiency

Question: Which function of management bridges the gap between where we stand today and where we want to reach

a) Planning

b) Staffing

c) Coordination

d) Finance

Answer: Planning