Practice CBSE Class 12 Business Studies Nature and Significance Of Management MCQs Set D provided below. The MCQ Questions for Class 12 Chapter 1 Nature and Significance of Management Business Studies with answers and follow the latest CBSE/ NCERT and KVS patterns. 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 review the 50 questions and answers to strengthen understanding of core concepts in Chapter 1 Nature and Significance of Management
Chapter 1 Nature and Significance of Management MCQ Questions Class 12 Business Studies with Answers
Question: Name the process of designing and maintaining an environment in which individual working together in groups efficiently accomplish selected aims.
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
Question: Rakesh is working as Regional Manager in ABC Ltd. Name the level at which he is working.
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
Important Practice Resources for Class 12 Business Studies
MCQs for Chapter 1 Nature and Significance of Management Business Studies Class 12
Students can use these MCQs for Chapter 1 Nature and Significance of Management to quickly test their knowledge of the chapter. These multiple-choice questions have been designed as per the latest syllabus for Class 12 Business Studies released by CBSE. Our expert teachers suggest that you should practice daily and solving these objective questions of Chapter 1 Nature and Significance of Management to understand the important concepts and better marks in your school tests.
Chapter 1 Nature and Significance of Management NCERT Based Objective Questions
Our expert teachers have designed these Business Studies MCQs based on the official NCERT book for Class 12. We have identified all questions from the most important topics that are always asked in exams. After solving these, please compare your choices with our provided answers. For better understanding of Chapter 1 Nature and Significance of Management, you should also refer to our NCERT solutions for Class 12 Business Studies created by our team.
Online Practice and Revision for Chapter 1 Nature and Significance of Management Business Studies
To prepare for your exams you should also take the Class 12 Business Studies MCQ Test for this chapter on our website. This will help you improve your speed and accuracy and its also free for you. Regular revision of these Business Studies topics will make you an expert in all important chapters of your course.
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