[Business Studies MCQs, Nature and Significance of Management, AHSEC, CBSE, Class 12, Objective Questions and Answers]
Business Studies Class 12 MCQs
Chapter 1: Nature and Significance of Management
Multiple Choice Questions and Answers
Objective
Types Questions:
1.
“Anything minus management is nothing”. What does this statement tell?
Ans: This statement tells about the importance
of management in the organisation. Here anything refers to all types of
business and non-business activities and nothing refers to failure or loss.
2.
Management is multi-dimensional. Write one dimension.
Ans: Management
is a multi-faced activity or multidimensional. Three Dimensions are:
(i) Management of work: It is concerned with performance of tasks in an
organisation.
(ii) Management of people: It implies dealing with employees as
individuals and dealing with individuals as a group.
(iii) Management of operations: It is interlinked with both managements
of work and management of people.
3. Name
the level of management the following posts belong to: Purchase Manager and
Superintendent.
Ans: Purchase Manager – Middle level management.
Superintendent – Lower level management.
4. What do
you mean by “efficiency” and Managerial Effectiveness?
Ans: Managerial
Effectiveness: The effectiveness of the managers is
measured in the effectiveness of the organization in achieving the
organizational goals.
Managerial efficiency is
the proportion of total organization resources that contribute to productivity
during the manufacturing process.
5. Which
function of management ensures that actual activities conform to planned
activities? Or Name the function which reviews the operations in a business
unit.
Ans:
Controlling
6. Who are
regarded as middle management in a business organisation?
Ans: operational
supervisors
7. List
two social objectives of management.
Ans: 1. Providing equal employment
opportunities and 2. Providing Good Quality Product
8. What is POSDCORB? Who coined the term?
Ans: P –
Planning. O – Organising, S – Staffing, D – Directing, C – Coordinating, O –
Organising, R – Reporting and B – Budgeting. This term is coined by L. Gullick
and L. Urwick.
9. Why is coordination known as essence of
Management? 2012,
2025
Ans.: Because it
is not a separate function of Management rather it forms a major part of all
the other functions of Management. It is the base of all other function of management.
10. Implementation of plan is the function of
which level of
management? 2011
Ans: Middle Level
Management/ Lower level mgt.
11. At which level business policy is
framed? 2015
Ans: Top Level
12. Management is intangible and dynamic.
(True or false) 2011
Ans: True
13. Who
defined management as the art of getting things done through others?
Ans: Harold Koontz
14. Why is
it said management principles are universal?
Ans: Universal
Application: Management principles are applied in every situation, where
the objectives are attained through group efforts. All social, economic,
political, cultural or even religious organizations apply management principles
for the successful operations of their activities.
15. How
management is an intangible force?
Ans: Management is intangible: It cannot be seen but it can be felt through the performance of the
workers. Mismanagement if any is quickly noticed and is a sign of poor
management.
16. What
do you mean by management?
Ans: Management is the coordination of all
resources through the process of planning, organizing, directing, staffing and
controlling in order to attain stated objectives effectively and
efficiently. Effectively means doing the
right task, completing activities and achieving goals and efficiently means to
attain objectives with least amount of resources at a minimum cost.
17. Write
one important objective of Management.
Ans: Obtaining maximum output with minimum
input: A successful management must
achieve the objectives of the business by making optimum utilization of
available resources effectively.
18. Why is
it said that management is pervasive? 2016
Ans: Because it is needed in all spheres
say-business and non-business organization.
19. Why
management is Goal oriented?
Ans: Every management activity is directed
towards achieving predetermined objectives of the organisation. That is why
management is a goal – oriented process.
20. “Management is a continuous process.” Elucidate
the statement.
Ans: It is a never ending
process. It is concerned with constantly identifying the problem and solving
them by taking adequate steps. It is an on-going process.
21. Why
management is called a Dynamic Function?
Ans:
Management is dynamic: Under dynamic environment management
faces several challenges hence efforts are made to develop and use new
techniques for managing the organizations effectively and efficiently. As social change takes place, management also
changes to overcome the problems whenever they arise.
22. Name
two features of professions which are not available in Management? 2016
Ans.: (I) Restricted entry (II) Ethical code
of conduct which is devised by ALL INDIA MANAGEMENT ASSOCIATION (AIMA).
23. In an
organization employees are happy and satisfied (there is no chaos and effect of
management is noticeable. which characteristic of management is highlighted by
this statement?
Ans.: Management is an intangible force.
24. Name
the process of working with and through others to effectively achieve
organization objectives by efficiently using its limited resources in the
changing environment?
Ans.: Management.
25. In
order to be successful an organization must change its goals according
Management to the needs of the environment. Which characteristic of Management
is highlight in the statement?
Ans.: Management is dynamic.
26. Give
any two characteristics of Management?
Ans.: (I) Management is goal – oriented
process. (II) Management is all pervasive.
27. To
meet the objectives of the firm the Management of BPL ltd. It offers employment
to physically challenged person. Identify the organization and objective it is
trying to achieve?
Ans.: It is social objective.
28. Name
two features of professions which are not available in Management? 2016
Ans.: (I) Restricted entry (II) Ethical code
of conduct which is devised by ALL INDIA MANAGEMENT ASSOCIATION (AIMA).
29. “The
Management principles can be applied to all types of activities” Which
characteristic of Management is highlighted by this statement?
Ans.: Management is all pervasive.
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ALSO READ (AHSEC ASSAM BOARD CLASS 12)
1. AHSEC CLASS 12 BUSINESS STUDIES CHAPTERWISE NOTES
2. AHSEC CLASS 12 BUSINESS STUDIES QUESTION PAPERS (FROM 2012 TILL DATE)
3. AHSEC CLASS 12 BUSINESS STUDIES SOLVED QUESTION PAPERS (FROM 2012 TILL DATE)
4. AHSEC CLASS 12 BUSINESS STUDIES IMPORTANT QUESTIONS
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