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CBSE Questions for Class 12 Commerce Business Studies Nature And Significance Of Management Quiz 1 - MCQExams.com
CBSE
Class 12 Commerce Business Studies
Nature And Significance Of Management
Quiz 1
The principle of management are significant because of ________.
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Increase in Efficiency
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Initiative
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Optimum Utilization of Resources
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Adaptation to Changing Technology
Explanation
The principles of management are significant because
of Optimum utilization of resources entails employing the limited resources (such as capital and labour) to their best possible usage so that maximum benefit can be derived with minimum possible cost.
Which of the following is not a function of management ?
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Planning
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Staffing
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Co-operating
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Controlling
Explanation
Co-operating refers to working jointly towards the same end. Management briefly refers to the process of dealing with or controlling people or things. Planning, staffing, controlling are covered under this definition. Hence, co-operating is not a function as such, of management.
Which of the following is not an objective of management?
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Earning projects
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Growth of the organisation
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Providing employment
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Policy-making
Explanation
Policy-making is the process of formulating policies on the basis of which the company or an organization works. Top executives and directors usually brainstorm and decide upon the policy to be adopted. Hence, policy-making is not an objective of management.
Who coined the word POSDCORB about functions of management?
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Henry Lawrence Gantt
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Henry Fayol
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Newmann and Summer
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Luther Gulick
Explanation
Luther Gulick coined the word POSDCORB.
POSDCORB is an acronym for Planning, Organizing, Staffing, Directing, Coordinating, Reporting and Budgeting which was first coined on administrative management by Luther Gulick and Lyndall Urwick.
The subject matter of personnel management is?
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Profit
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Capital investment
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Human being
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Wages and incentives
Explanation
The subject matter of personnel management is human being. Personnel management can be also defined as a phase of management which deals with the effective control and use of manpower or human resources.
which of the following statement is false?
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Management can be described as a science albeit a variable one when compared with the nature of exact physical sciences.
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We can have the same kind of experimentation in management as is possible in natural sciences.
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Management has now a theoretical base with a number of principles relating to coordination, organisation, decision making and so on.
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Management is a vital function concerned with all aspects of the working of an enterprise.
Explanation
We can have the same kind of experimentation in management as is possible in natural sciences- this statement is false since management involves human behaviour which is subjected to change. That is why experimentation in management is quite different from natural sciences' experiments.
Which of the following is exact science?
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Physics
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Chemistry
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Mathematics
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All of above
Explanation
Physics, chemistry, and mathematics are considered as exact science as science can be defined as a systematic and organized body of knowledge based on logically observed findings, facts, and events. Science comprises exact principles which can be verified and it can establish cause and effect relations.
Hence, D is the correct option.
According to Theo Haimann, a managerial linking process would be ___________.
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Communication
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Adaptation
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Coordination
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Operations control
Explanation
According to Theo Haimann, a managerial linking process would be coordination. Coordination helps in bringing together people who works for a common goal or objective. This helps in the task to be very efficient.
Coordination is required because _________.
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it helps in effectively carrying out non-routine jobs
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it helps in integrating activities
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greater the interdependence, greater is the need for coordination
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All of the above
Explanation
The benefits of coordination are manifold:
It helps in integrating activities which help in increasing the speed and accuracy of the tasks
It helps in carrying out non-routine jobs effectively with the help of others
Coordination leads to interdependence among workers
Successful coordination of activities results from effectively carrying out the function:
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Planning
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Organizing
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Directing
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All of the above
Explanation
Successful coordination of activities results from Effective Planning, Organising and Directing. These are very important managerial functions which helps an organisation to reach its goal and objectives efficiently..
Coordination is _______ because it requires at every level of management and brings unity of action and integration at different level.
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essence of management
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not an ending process
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manager's responsibility
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emphasis on organisation
Coordination is _____ because it required at all levels to perform different function in organisation for achievement of common goal.
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Pervasive function
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Continuous process
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Unity of efforts
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Essence of management
Which of the following would be included in the coordinating and controlling function?
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Measuring results against corporate objectives
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Explaining routines
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Setting standards
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Giving assignments
Explanation
Coordinating and controlling functions are carried out in order to achieve organisational goals effectively. It includes measuring the results against the specific organisational objectives. After measurement, corrective measures are taken for reaching the goal efficiently.
Coordinating people and human resources to accomplish organizational goals is the process of ____.
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Planning
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Directing
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Management
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Leadership
Explanation
Leadership is the quality which is most sought after in a manager. The process of bringing people together to accomplish organisational goals is called leadership. A person who works with a team of members having same goals is called a team leader.
Which is true regarding coordination?
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It is needed to perform all functions of management.
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It required at all levels.
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It is the most important function of an organization.
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All of the above
Explanation
Coordination is an extrinsic part of management. It is required for performing different functions at all levels of management. Be it any sort of management functions, coordination is highly required.
The managerial task most clearly identified with the external environment is ______.
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Operations control
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Processing
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Budgeting
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Coordination
Explanation
The managerial task most clearly identified with the external environment is coordination. Sometimes, to complete a task or achieve a goal it is important to coordinate with the external environment. External environment includes government, suppliers, customers etc.
Coordination is not a function of individual, it is a function of all managers.
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True
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False
Explanation
Coordination is required at all levels of management. Coordination helps to bring together people in order to achieve a common goal efficiently. Hence, it is not a function of an individual only.
Which cause of resistance to change is most likely to occur when previous changes were not well understood or resulted in negative consequences?
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Objectives
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Self interest
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Lack of trust
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Loss of power
Directing and motivating are part of the controlling function.
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False
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True
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Partially false
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Irrelevant
Management qualified all the tests of profession except ________.
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dominance of service motive.
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need for learning and proper organisation.
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entry restricted on the basis of examination.
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systematic body of knowledge.
Managers can attempt to reduce levels of frustration in organization members by ____________.
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participative management
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effective recruitment
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all of the above
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none of the above
Management become literature oriented after _______.
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World War II.
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World War I.
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Not known.
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It is never literature evented.
Management can be defined as science because __________.
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new knowledge can always change the old established principles of management.
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new knowledge of science help the managers.
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because scientists are always making new things for the managers.
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None of the above.
Invariably, management can be called ____________.
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Inter-disciplinary science.
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Inter-a-disciplinary science.
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Only science.
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Only art.
In the Pyramid levels of management, non managerial staff is placed at __________. Select correct option.
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Top
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Middle
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Bottom
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None of the given option
______ refers to the establishment of relationship between the person of the same status.
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External co-ordination
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Horizental co-ordination
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Vertical co-ordination
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None of above
As per G.R. Terrey:
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Personal management is a continuous function.
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Human resources is a continues function.
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Personal management is hike a water power the faucet.
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None of the above
Writing an organizational strategic plan is an example of the __________ management function.
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Leading
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Coordinating
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Planning
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Organizing
Management become literature oriented after _________.
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World war II
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World war I
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Not known
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It is never literature evented
Skill is required as an important management tool to get the job of execution done. This principle of management describes management as _______.
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science
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art
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both a & b
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none of the above
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