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
Answer
Answer: (c) Efficiently and effectively
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
Answer
Answer: (d) Inefficient
3. What type of power management is?
(a) Visible
(b) Invisible
(c) Separate
(d) Collective
Answer
Answer: (b) Invisible
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
Answer
Answer: (c) Deviations
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
Answer
Answer: (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
Answer
Answer: (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
Answer
Answer: (c) Planning, Organising, Staffing, Directing, Controlling
8. Management is:
(a) An Activity
(b) A Process
(c) A Tradition
(d) An Illusion
Answer
Answer: (b) A Process
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
Answer
Answer: (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
Answer
Answer: (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
Answer
Answer: b) Management
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
Answer
Answer: (d) None of these
13. For which of the following minimum qualifications has not been prescribed?
(a) Manager
(b) Doctor
(c) Lawyer
(d) Chartered Accountant
Answer
Answer: (a) Manager
14. Whose specialty happens to be ‘personal skill’?
(a) Profession
(b) Art
(c) Science
(d) None of these
Answer
Answer: (b) Art
15. Management is a/an
(a) Art
(b) Science
(c) Profession
(d) All of the above
Answer
(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
Answer
Answer: (a) Top Level
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
Answer
Answer: (c) Lower Level
18. What is that area called where the non-managerial members work?
(a) Shopping Area
(b)Showroom Area
(c) Platform Area
(d) Factory Area
Answer
Answer: (d) Factory Area
19. ‘Thinking before doing’, under which function of management is this performed?
(a) Controlling
(b) Directing
(c) Organising
(d) Planning
Answer
Answer: (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
Answer
Answer: (b) Organising
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
Answer
Answer: (c) Staffing
22. Under what function of management does the ‘corrective action’ fall?
(a) Planning
(b) Organising
(c) Directing
(d) Controlling
Answer
Answer: (d) Controlling
23. What, out of the following, does not fall under directing?
(a) Planning
(b) Supervision
(c) Leadership
(d) Motivation
Answer
Answer: (a) Planning
24. Number of levels of management are:
(a) One
(b) Two
(c) Three
(d) Four
Answer
Answer: (c) Three
25. Coordination is needed where the efforts of ________ persons are required?
(a) One Person
(b) Two Person
(c) Three Persons
(d) Many Persons
Answer
Answer: (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
Answer
Answer: (a) Coordination is the essence of management
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
Answer
Answer: (c) Coordination is equally important at all levels of management
28. Cooperation means ________________________
(a) Desire to work jointly
(b) Determining Activities
(c) Both the above
(d) None of the above
Answer
Answer: (c) Both the above
29. Coordination is associated with which function of management?
(a) Planning
(b) Organising
(c) Staffing, directing, and Controlling
(d) All of these
Answer
Answer: (d) All of these
30. Management may be called which of the following science?
(a) Perfect Science
(b) Physics
(c) Applied Science
(d) Chemistry
Answer
Answer: (c) Applied Science
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