CBSE Questions for Class 12 Commerce Business Studies Principles Of Management Quiz 1 - MCQExams.com

The cost of capital of a firm is _____________________________.
  • The dividend paid on the equity capital
  • The weighted average of the dividends paid on the equity capital and the preference capital
  • The weighted average of the cost of various long-term and short term sources of finance
  • The average rate of return it must earn on its investments to satisfy the various investors
  • The minimum rate of return it must earn on its investments to keep its investors satisfied.
Much of current knowledge of selection techniques, employee training and work design is built on the work of Hugo Munsterberg.
Hugo Munsterberg combined scientific management and industrial psychology in his work.
Which of the statements given above is/are correct?
  • Only 1
  • Only 2
  • Both 1 and 2
  • Neither 1 nor 2
Which of the following are associated with the Scientific Management Movement?
Functional foremanship
Centralisation
Time and motion study
Unity of command
Select the correct answer from the codes given below:
  • 1 and 3
  • 2 and 4
  • 1, 2 and 3
  • 2, 3 and 4
The leveraging of a firm's internal resources, capabilities and core competencies accomplish the firm's goals in a competitive environment is known as ___________.
  • strategic intent
  • strategy formulation
  • strategic control
  • strategy implementation
One of the following is a training, provided to enhance decision making skills __________.
  • Action leaning
  • Management games
  • Behavioural modelling
  • On-the-job training
The quality of information is measured by its ___________.
  • accuracy
  • cost
  • degree of statistical validity
  • timeliness
he process through which someone becomes aware of personal skills, interest, knowledge, motivations; acquires information about opportunities; identifies career goals; and establishes action plans to attain those goals is called _____________.
  • Organisational development
  • Career management
  • Career development
  • Career planning
The process by which an organisation tries to determine what needs to be done to achieve corporate objectives and how these objectives are to be met is known as _______________.
  • strategic management
  • strategic planning
  • corporate strategy
  • corporate planning
The principles of right and wrong that are accepted by an individual or organization are what comprise ____________________.
  • Research and Development
  • Company Image and Brand Equity
  • Value System
  • All of above
Who is popularly known as the father of 'scientific management'?
  • Luthar Gulick
  • Newmann
  • Henry Fayol
  • Frederick Taylor
Who is popularly known as the father of 'modern management theory'?
  • Luthar Gulick
  • Newmann
  • Henry Fayol
  • Frederick Taylor
Which among the following is the topmost goal of human resource management?
  • Economy
  • Competitive edge
  • Workforce adaptability
  • Productivity
Which one is not the specific goal of human resource management?
  • Separating employees
  • Selecting employees
  • Retaining employees
  • Motivating employees
Miscellaneous
The span of control refers to ____________________.
  • the number of subordinates reporting directly or indirectly to a given manager or supervisor
  • the total number of managers and supervisors to whom staff report directly or indirectly
  • the number of subordinates reporting directly to a given manager or supervisor
  • the number of different levels in the chain of hierarchical command
How many principles of management have been suggested by the Henry Fayol?
  • Ten
  • Twelve
  • Fourteen
  • Fifteen
Miscellaneous
"Unity of command cannot exist without unity of direction, but does not flow from it". This statement was given by _____________.
  • Henry Fayol
  • Frederick Taylor
  • Koontz O'Donnell
  • None of the above
Which of the following principle of Henry Fayol refers to superior-subordinate relations ?
  • espirit de corps
  • Stability of tenure of personnel
  • Division of work
  • Scalar chain
The principles of management are significant because of _______________.
  • increase in efficiency
  • Intiative
  • optimum utilization of resources
  • adaptation to changing technology
Which of the following are the principles of 'Scientific Management?
Development of science of work
Different Piece Rate Plan
Standardisation of tools and equipment
Scientific selection of workman
Cooperation between managers and workers
Select the correct code:
  • 1, 3, 4 and 5
  • 1, 4 and 5
  • 1, 2, 3, and 4
  • 1, 2, 3, 4 and 5
Who is known as Father of Industrial Psychology?
  • Hugo Munsterberg
  • Fran Gilbreth
  • Francis A. Walker
  • Lilian Gilbreth
Which are of the following is a kind of training provided to enhance decision making ____________.
  • On-the-job training
  • Behavioural modeling
  • Management games
  • Action learning
Cari Jung's psychological functions include ___________.
  • sensation
  • Intuition
  • thinking
  • all of these
Scientific management addressed itself to the problems of ___________. 
  • bottom part of organisation
  • top management
  • middle tier of management
  • all of the above
How are principles of management formed?
  • In a laboratory
  • By experiences of managers
  • By experiences of customers
  • By propagation of social scientist
Consider the following statements:
Henri Fayol was the first to describe the fly functions of management.
Henri Fayol was a French management theorist whose theories concerning human relations were widely influential In the beginning of the 20th Century.
Which of the statements given above is/are correct?
  • Only 1
  • Only 2
  • Both 1 and 2
  • Neither 1 nor 2
Most management teams use 'appraisal' but what is meant by this term?
  • A system used to improve the performance of personnel.
  • The main way in which an employees wages are determined.
  • A system of reward points offered by retailers to attract customer loyalty.
  • The evaluation of an individual employees performance over a given period of time.
Which of the following is one of the $$14$$ principles of management identifies by Henry Fayol?
  • Scalar chain
  • Innovation
  • Efficiency
  • Motivation
Managers perform as a Figurehead, leader and liaison-these roles of a manager comes under _______.
  • Interpersonal role
  • Informational role
  • Decisional role
  • Leadership role
Management is ____________.
  • Planning
  • Organizing
  • Direction
  • Both a&b
Which one of the following is NOT the main concern of 'Scientific Management'?
  • Production
  • Efficiency
  • Mechanistic Methods
  • Rationality
0:0:1


Answered Not Answered Not Visited Correct : 0 Incorrect : 0

Practice Class 12 Commerce Business Studies Quiz Questions and Answers