MCQ Questions for Class 12 Business Studies Chapter 1 Nature and Significance of Management with Answers

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Nature and Significance of Management Class 12 MCQs Questions with Answers

Question 1.
Which one of the following is not an objective of Management?
(a) Political Objective
(b) Social Objective
(c) Organisational Objective
(d) Personal Objectives

Answer

Answer: (a) Political Objective


Question 2.
Management is _______
(a) Wastage of time
(b) Multi-Dimensional
(c) Not required in small business firms
(d) Individual Activity

Answer

Answer: (b) Multi-Dimensional


Question 3.
Management is a __________ Activity
(a) Group
(b) Supervisor Level
(c) Accounting
(d) Individual

Answer

Answer: (a) Group


Question 4.
The word________denotes a function, a task, a discipline.
(a) Management
(b) Leadership
(c) Motivation
(d) None of the above

Answer

Answer: (a) Management


Question 5.
Mainly planning is concerned with ________
(a) Formulation of Policies and Strategies
(b) Management in Action
(c) Manpower Planning
(d) None of the above

Answer

Answer: (a) Formulation of Policies and Strategies


Question 6.
A process needs
(a) Throughout to execute
(b) Timer to execute
(c) Resources to execute
(d) Both a and b

Answer

Answer: (c) Resources to execute


Question 7.
Coordination is:
(a) The essence of management
(b) Function of Management
(c) An objective of management
(d) None of the above

Answer

Answer: (a) The essence of management


Question 8.
Providing the facility for Schools and hospitals is the _____objective of management.
(a) Social Objectives
(b) Organisational Objective
(c) Personal Objective
(d) None of the above

Answer

Answer: (a) Social Objectives


Question 9.
Organisational objective is not concerned with __________
(a) Growth
(b) Profit
(c) Survival
(d) Supply of quality goods

Answer

Answer: (d) Supply of quality goods


Question 10.
Which of the following is not an example of non-economic activity?
(a) Patriotism
(b) Teaching
(c) Sentiment
(d) Sympathy

Answer

Answer: (b) Teaching


Question 11.
Effectiveness is concerned with ____________
(a) Doing the task correctly with minimum cost
(b) Getting things done with the aim of achieving goals effectively and efficiently
(c) Doing the right task, completing activities, and achieving goals
(d) None of the above

Answer

Answer: (c) Doing the right task, completing activities, and achieving goals


Question 12.
Which aspect of management is concerned with the end result?
(a) Co-ordination
(b) Efficiency
(c) Effectiveness
(d) Controlling

Answer

Answer: (c) Effectiveness


Question 13.
Pramod Limited targets production of 22,000 units in a year. The production manager was able to cut down the cost but could not achieve the target. In this case, manager is ________ but not ________
(a) Efficient but not honest
(b) Effective but not efficient
(c) Efficient but not effective
(d) None of the above

Answer

Answer: (c) Efficient but not effective


Question 14.
Water pollution can be identified by testing its
(a) PH level
(b) Biological Oxygen Demand (BOD)
(c) Both (a) and (b)
(d) None of the above

Answer

Answer: (c) Both (a) and (b)


Question 15.
Which of the following is not included in Top Level Management?
(a) Accountant
(b) Managing Director
(c) Chief Executive
(d) Board of Directors

Answer

Answer: (a) Accountant


Question 16.
The possibilities of inadequate profits or even losses due to uncertainties are known as _______
(a) Business contingencies
(b) Business risks
(c) Business ventures
(d) None of the above

Answer

Answer: (b) Business risks


Question 17.
Management is also considered as a profession where ______________
(a) Anyone can get entry
(b) Only a businessman can get entry
(c) Qualification doesn’t matter
(d) Dynamic Function

Answer

Answer: (a) Anyone can get entry


Question 18.
______ Aims to help each other
(a) Cooperation
(b) Planning
(c) Coordination
(d) Staffing

Answer

Answer: (a) Cooperation


Question 19.
Chief Marketing Officer and Managing Director is the part of _________
(a) Operational Management
(b) Top Management
(c) Middle Management
(d) None of the above

Answer

Answer: (b) Top Management


Question 20.
The following is not an objective of management:
(a) Earning Profits
(b) Policymaking
(c) Growth of the organization
(d) Providing employment

Answer

Answer: (b) Policymaking


Question 21.
Policy formulation is the function of:
(a) Operational management
(b) Top-level managers
(c) Middle-level managers
(d) All of the above

Answer

Answer: (b) Top-level managers


Question 22.
The work performed by Top Level Management is ______________
(a) Concerned with control of operative employees
(b) Complex and Stressful
(c) Easy
(d) Not Considered

Answer

Answer: (b) Complex and Stressful


Question 23.
Under what function of management, policies and strategies are formulated?
(a) Organising
(b) Directing
(c) Planning
(d) Controlling

Answer

Answer: (c) Planning


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