Nature and Significance of Management MCQs

Nature and Significance of Management MCQs

Business Studies Chapter 1 Nature and Significance of Management.

Multiple Choice Questions

1. How does a manager want to achieve his objectives?
(a) Efficiently
(b) Effectively
(c) Efficiently and effectively
(d) None of the above

2. 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

3. What type of power management is?
(a) Visible
(b) Invisible
(c) Separate
(d) Collective

4. By evaluating results what does management try to find out and then takes corrective action.
(a) Profit
(b) Loss
(c) Deviations
(d) None of These

5. 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

6. What happens when the management of an organization gets weakened?
(a) Organisation progresses
(b) Production increases
(c) Profit increases
(d) Organisation faces heavy loss

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

8. Management is:
(a) An Activity
(b) A Process
(c) A Tradition
(d) An Illusion

9. Management is important because:
(a) It helps in achieving group goals
(b) It helps in the development of society
(c) It increases efficiency
(d) All of the above

10. Which of the following have formalized methods of acquiring training and experience?
(a) Management
(b) Law
(c) Medical
(d) All of these

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Nature and Significance of Management Online Quiz Test

Nature and Significance of Management MCQs

11. Which of the following have no representative professional organizations available?
(a) Law
(b) Management
(c) Medical
(d) Accountancy

12. Which degree is essential to become a manager?
(a) B.Com.
(b) M.Com
(c) M.B.A.
(d) None of these
Correct answer
None of these

13. For which of the following minimum qualifications has not been prescribed?
(a) Manager
(b) Doctor
(c) Lawyer
(d) Chartered Accountant

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

15. Management is a/an
(a) Art
(b) Science
(c) Profession
(d) All of the above

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

17. To which level of management do the managers of first-line belong?
(a) Top Level
(b) Middle Level
(c) Lower Level
(d) None of these

18. What is that area called where the non-managerial members work?
(a) Shopping Area
(b)Showroom Area
(c) Platform Area
(d) Factory Area

19. ‘Thinking before doing’, under which function of management is this performed?
(a) Controlling
(b) Directing
(c) Organising
(d) Planning

20. Under what function of management does the determining of the structure of roles fall?
(a) Planning
(b) Organising
(c) Directing
(d) Controlling

Nature and Significance of Management MCQs

21. Under what function of management does the work of filling posts with people fall?
(a) Planning
(b) Organising
(c) Staffing
(d) Directing

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

23. What, out of the following, does not fall under directing?
(a) Planning
(b) Supervision
(c) Leadership
(d) Motivation

24. Number of levels of management are:
(a) One
(b) Two
(c) Three
(d) Four

25. Coordination is needed where the efforts of ________ persons are required?
(a) One Person
(b) Two Person
(c) Three Persons
(d) Many Persons

26. “Coordination is not a separate function of management but it happens to be the final truth of all functions.” In what context this observation has been made?
(a) Coordination is the essence of management
(b) Coordination is not established automatically
(c) Coordination is a continuously moving process
(d) None of these

27. 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

28. Cooperation means ________________________
(a) Desire to work jointly
(b) Determining Activities
(c) Both the above
(d) None of the above

29. Coordination is associated with which function of management?
(a) Planning
(b) Organising
(c) Staffing, directing, and Controlling
(d) All of these

30. Management may be called which of the following science?
(a) Perfect Science
(b) Physics
(c) Applied Science
(d) Chemistry