Refer to CBSE Class 12 Business Studies Nature and Significance Of Management MCQs Set E 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: Under what function of management does the work of filling posts with people fall?
a) Planning
b) Organising
c) Staffing
d) Directing
Answer: c
Question: ‘Thinking before doing’, under which function of management is this performed?
a) Controlling
b) Directing
c) Organising
d) Planning
Answer: d
Question: Under what function of management does the ‘corrective action’ fall?
a) Planning
b) Organising
c) Directing
d) Controlling
Answer: d
Question: In the context of business what does research refer to?
a) Finding out new products
b) Finding out new markets
c) Finding out new methods of distribution
d) All the above
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: Name the country in which management is accepted as profession.
a) America
b) Japan
c) India
d) America and Japan
Answer: d
Question: What is the name of the management institute established in India?
a) IIT
b) AIMA
c) IIM
d) ICICI
Answer: b
Question: Which is not a function of management of the following:
a) Planning
b) Staffing
c) Cooperating
d) Controlling
Answer: c
Question: Management may be called which of the following science?
a) Perfect Science
b) Physics
c) Applied Science
d) Chemistry
Answer: c
Question: What, out of the following, does not fall under directing?
a) Planning
b) Supervision
c) Leadership
d) Motivation
Answer: a
Question: Whose speciality happens to be ‘personal skill’?
a) Profession
b) Art
c) Science
d) None of the options
Answer: b
Question: Management is:
a) An Activity
b) A Process
c) A Tradition
d) An Illusion
Answer: b
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 the options
Answer: c
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: 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 the options
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 the options
Answer: a
Question: By evaluating results what does management try to find out and then takes corrective action.
a) Profit
b) Loss
c) Deviations
d) None of the options
Answer: c
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: A ________ chain is formed from the top-level management to the lower-level management.
a) Vertical
b) Thick
c) Scalar
d) Small
Answer: c
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 focus of attention when a manager is busy in planning activity?
a) Coordination
b) Directing
c) Controlling
d) Staffing
Answer: a
Question: Management ensures:
a) Providing employment opportunities
b) Maintaining profit
c) Ensuring maximum utilisation of resources
d) Control on cost
Answer: c
Question: Under what function of management does the determining of structure of roles fall?
a) Planning
b) Organising
c) Directing
d) Controlling
Answer: b
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: 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: “Art is bringing about of a desired result through application of skill”. Whose statement is this?
a) T.L. Massie
b) G.R. Terry
c) Prof. Dalton E. McFarland
d) None of the options
Answer: b
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 the options
Answer: c
Question: At what level of management does the Chief Executive Officer operate?
a) Top-level
b) Middle-level
c) Lower-level
d) None of the options
Answer: a
Question: Management is a/an
a) Art
b) Science
c) Profession
d) All of the above
Answer: d
Question: A manager obtains the required capital at 12% interest while the prevailing rate of interest happens to be 10%. How would you describe such a manager?
a) Efficient
b) Effective
c) Efficient and Effective
d) Inefficient
Answer: b
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: Levels of management in an organisation serve as a ________ line among the different managerial posts.
a) Strong
b) Dividing
c) Weak
d) Straight
Answer: b
Question: Your uncle is serving as a foreman in a factory. At what level of management is he working?
a) Lower Level
b) Middle Level
c) Top Level
d) All the options
Answer: a
Question: Under what function of management does the ‘corrective action’ fall?
a) Planning
b) Organising
c) Directing
d) Controlling
Answer: d
Question: ‘Arrangement of various resources for achieving target’ falls under which function of management?
a) Controlling
b) Directing
c) Organising
d) Planning
Answer: c
Question: An educational institution as well as a business organization both need to be managed. Which characteristic of management is highlighted here?
a) Universal
b) Intangible Force
c) Dynamic
d) All the options
Answer: a
Question: Who said that management is a soft science?
a) Ernest Dale
b) G.R. Terry
c) Keynes
d) Fayol
Answer: a
Question: Number of levels of management are:
a) One
b) Two
c) Three
d) Four
Answer: c
Question:
Assertion(A): The task of a manager is to give a common direction to the individual effort in achieving in achieving the overall goal of the organisation.
Reason(R): Management is goal-oriented.
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: a
Question:
Assertion(A): Every manager has his/her own unique style of managing things and people, despite learning same management theories and principles.
Reason(R): Just like Art, management is based on practice and Creativity.
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: In any organisation coordination is required so that the production and sales department work hand-in-hand.
Reason: coordination integrates group efforts.
a) Both Assertion (A)and Reason(R) are true and R is the correct explanation of A
b) Both Assertion (A) and Reason (R) are true but R is not the correct explanation of 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: The activities of each department need to be linked through coordination
Reason: Specialists usually think that they only are qualified to evaluate, judge and decide according to their personal criteria.
a) Both Assertion (A)and Reason(R) are true and R is the correct explanation of A
b) Both Assertion (A) and Reason (R) are true but R is not the correct explanation of 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): Social objective of management involve creation of benefits or economic values to the society.
Reason(R): Now a days, profit maximisation is the only objective of management.
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: c
Fill In The Blanks
Question: Interpretation of the policies are done by ___________ level of management.
Answer: middle
Question: The welfare and survival of an organization are the main functions performed by ___________ level of management.
Answer: top
Question: Management requires team work and coordination of individual effort in common___________ .
Answer: direction
Question: Science principles are based on___________ and ___________ relationship.
Answer: cause, effect
Question: Organisational objectives of management are___________ and___________ .
Answer: survival , profit
Question: Co-operation with various departments for smooth functioning of organization is done by ___________ level of management.
Answer: middle
Question: Quality of output and safety standards are being maintained by ___________ level of management
Answer: lower
True/ False :
Question: Management does not require team work and co-ordination of individual efforts in a common direction.
Answer: False
Question: The basic objective of any business is survival.
Answer: True
Question: Co-ordination is a separate function of management.
Answer: False
Question: For management it is necessary to be efficient rather than effective.
Answer: False
Question: Supervisory level managers are also known as divisional heads.
Answer: False
Question: Co-ordination without Co-operation may lead to dissatisfaction among employees.
Answer: True
Question: Management is a science as well as an art.
Answer: True
Question: Management does not help in achieving personal objectives.
Answer: False
MCQs for Chapter 1 Nature and Significance of Management Business Studies Class 12
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