CBSE Class 12 Business Studies Nature and Significance of Management Worksheet Set 05

Practice Worksheets for Class 12 Business Studies: Chapter 1 Nature and Significance of Management

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Practice Chapter 1 Nature and Significance of Management Worksheets for Class 12 Business Studies

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Practice Worksheet
CBSE Class 12 Business Studies
Topic: Nature and Significance of Management


Question. Management ensures:
(a) Providing employment opportunities
(b) Maintaining profit
(c) Ensuring maximum utilisation of resources
(d) Control on cost

Answer : C

Question. Which of the following is true?
(a) Coordination is equally important at all levels of
(b) Coordination has no importance
(c) Coordination is not equally important at all levels of management
(d) None of these 

Answer : A

Question. Under what function of management does the ‘corrective action’ fall?
(a) Planning
(b) Organising
(c) Directing
(d) Controlling

Answer : D

Question. Whose specialty happens to be ‘personal skill’?
(a) Profession
(b) Art
(c) Science
(d) None of these

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. At what level of management does the Chief Executive Officer operate?
(a) Top-level
(b) Middle-level
(c) Lower-level 
(d) None of these

Answer : A

Question. Number of levels of management are:
(a) one
(b) two
(c) three
(d) four

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. Which one of the following sequence of process of management is correct:
(a) Planning, Organising, Staffing, Controlling
(b) Staffing, Planning, Organising, Controlling
(c) Planning, Controlling, Organising, Staffing
(d) Organising, Planning, Staffing, Controlling 

Answer : A

Question. Which is not a function of Management of the following?
(a) Planning
(b) Controlling
(c) Cooperating.
(d) Staffing.

Answer : C

Question. What out of the following has been called the essence of management?
(a) Communication
(b) Coordination
(c) Supervision
(d) Leadership

Answer : B

Question. A manager obtains the required capital at 12% interest while the prevailing rate of interesthappenstobe 10%. How would you describe such a manager?
(a) Efficient
(b) Inefficient
(c) Efficient and Effective
(d) Effective

Answer : D

Question. Setting Objective is a function of:-
(a) Middle level management
(b) Top level Management
(c) Operational level management
(d) None of the above 

Answer : B

Question. ‘Arrangement of various resources for achieving Target, under which function of management is this performed
(a) Controlling
(b) Directing
(c) Organising
(d) Planning

Answer : C

Question. Coordination is
(a) Function of management
(b) The essence of management
(c) an objective of management
(d) none of the above

Answer : B




Very Short Answer :

Question. Volvo Ltd.'s target is to produce 10.000 Shirts per month at a cost of 100 per shirt. The Production Manager achieved this target at a cost of 90 per shirt. Do you think the "Production Manager is effective? Give one reason in support of your answer.
Answer : Yes, because he has achieved the target.
 
Question.Hero Lid's target is to produce 10.000 shirts per month at a cost of 150 per shirt. The Production Manager could achieve this target at a cost of + 160 per shirt. Do you think the Production Manager is effective'? Give reason in support of your answer.
Answer : Yes, he is an effective manager as he has achieved the target.

Question. Here Ltd. 's target is to produce 20.000 shirts per month at a cost of 150 per shirt. The production Manager could achieve this target at a cost or 170 per shirt. Do you think the Production manager is 'efficient'? Give reason in support of your answer.
Answer : No, the production manager is not 'efficient because he had achieved the target but not in cost effective manner.

Question. Rama (P) Ltd. uses environment-friendly techniques of production. Name the objective the company strives to attain? 
Answer : Social objective of management.

Question. Identify the nature of management when it is said to be a systematized body of knowledge that explains certain general truths.
Answer : Management as a science.
 
 
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Practice Worksheet and Study Resources for Class 12 Business Studies Chapter 1 Nature and Significance of Management

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Are these Business Studies Class 12 worksheets based on the 2026-27 competency-based pattern?

Yes, our CBSE Class 12 Business Studies Nature and Significance of Management Worksheet Set 05 includes a variety of questions like Case-based studies, Assertion-Reasoning, and MCQs as per the 50% competency-based weightage in the latest curriculum for Class 12.

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