Nature and Significance of Management MCQs (Quiz Set 1)

Created on November 21, 2021 By

One Mark Solution

Nature and Significance of Management MCQs (Set 1)

1 / 15

1) In order to be successful an organization must change its goal according to the needs of the environment. Which
characteristics of management is highlighted in the statement?

a. Management is continuous process

b. Management is goal oriented

c. Management is dynamic process

d. Management is all pervasive

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2) The management of Max Ltd. Provided employment opportunities to rural area people. Identify the organisation’s
objective it is trying to achieve.

a. organizational objectives

b. social objectives

c. personal objectives

d. all of these

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3) How does a manager want to achieve his objectives?

a. Efficiently

b. Effectively

c. Efficiently and effectively

d. None of the above

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4) Identify the nature of management when it is practiced as personal application of existing knowledge to achieve
desired results.

a. Management as a science

b. Management is an art

c. Management as a profession

d. None of these

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5) Which one of the following sequences of process of management is correct:

a. Planning, Directing ,Controlling, Organising, Staffing

b. Directing, Staffing, Planning, Organising, Controlling

c. Planning, Organising, Staffing, Directing, Controlling

d. Organising, Planning, Staffing, Controlling, Directing

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6) Assertion(A): Management is an exact science.
Reason(R): It is based on human behavior. It is neither precise nor as comprehensive as the pure science like physics or chemistry.

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.

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7) Assertion (A), Coordination is an all pervasive function.
Reason(R). Co-ordination is required at all levels of management due to the interdependent nature of activities of various departments.

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.

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8) Foreman will be considered under which level of management?

a. Lower-level

b. Middle - level

c. Top-level

d. None of these

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9) Assertion (A), Coordination is not an exclusive function of the top management.
Reason (R), Coordination is the responsibility of all managers-top, middle and operational levels.

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

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10) Assertion(A): Management principles are developed through observation and repeated experimentation.
Reason(R): Outcomes of management principles can be predicted accurately.

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.

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11) Management is essential for the organizations which are

a. Non-profit organizations

b. Service organizations

c. Social organizations

d. All of the above

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12) In which level of management coordination is needed?

a. Top level

b. Middle level

c. Lower level

d. All Levels

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13) Ram works as a production manager in Dev private Limited. He has been given the task of getting 5000 units of handwoven table mats manufactured at the cost of ₹ 100 per unit, within 50 days. In order to be acknowledged as an effective manager, he must ensure that

a. The cost of production does not exceed ₹100 per unit

b. The work is completed within 50 days even at higher cost per unit

c. The cost of production is less than ₹100 per unit

d. All of the above

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14) Operations manager will be considered under which level of management?

a. Top-level

b. Middle-level

c. Lower-level

d. None of these

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15) Your grandfather has retire from an organization in which he responsible for determination policies. At which level
of management was he working.

a. Top level

b. Middle level

c. lower level

d. None of these

Your score is

The average score is 59%

Hello Students! We are providing here the Nature and Significance of Management MCQs.

From the Annual Examination 2021-22, class XII students will find more number of objective-type questions in their Business Studies question paper.

To prepare for the one mark questions, students need to know all the important concepts which can be tested in the exam.

CBSE MCQs on Class XII Business Studies Nature and Significance of Management MCQs provided by One Mark Solution will help students get acquainted with such important concepts and topics.

So that they may easily attempt the related Multiple Choice Type Questions asked in CBSE XII Accountancy Exam 2021-22.

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Nature and Significance of Management MCQs (Quiz Set 1)

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