XII - B.ST - MCQ Chap. 1

DELHI PUBLIC SCHOOL INDIRANAGAR
CLASS 12
BUSINESS STUDIES ASSIGNMENT SHEET
Chapter 1 Nature and Significance of Management
1. Successful organisations do not achieve goals by chance but by following a deliberate
process known as
(a) Planning
(b) Co-ordination
(c) Controlling
(d) Management
2. Management is essential for the organisations which are

(a) Non-profit organisations
(b) Service organisations
(c) Social organisations
(d) All of the above
3. Management contains a series of interrelated functions that include

(a) Planning
(b) Organising
(c) Directing
4. People in the organisations carry out diverse tasks with the aim to achieve
(a) Different objectives
(b) Common objectives
(c) Both of the above
(d) None of the above
5. Successful management ensures that

(a) Goals are achieved with least cost
(b) Timely achievement of goals
(c) Both of the above
6. Efficiency is concerned with

(a) Doing the right thing
(b) Doing things right
(c) Achieving end results
7. Effectiveness relates to
(a) Doing the right task
(b) Completing activities
(c) Achieving goals
8. Rohan works as a production manager in Global Enterprises Limited. He has been given
the task of getting 1000 units of hand woven table mats manufactured at the cost of Rs.150
per unit within 10 days. In order to be acknowledged as an effective manager, he must ensure
that
(a) The cost of production does not exceedRs.150 per unit
(b) The work is completed within 10 days even at higher cost per unit
(c) The cost of production is less than Rs.150 per unit
9. Jay is working as a marketing manager in a company. Has been given the task of selling
100000 units of a product at the cost of Rs.100 per unit within 20 days. He is able to sell all
the units within the stipulated time, but had to sell last 1000 units at 20% discount in order to
complete the target. In such a situation, he will be considered to be
(a) An efficient manager
(b) An effective manager
(c) Both effective and efficient manager
10. Management is said to be poor if it is

(a) Efficient but ineffective
(b) Effective but inefficient
(c) Both inefficient and ineffective
11. Tarang Enterprises Limited is planning to increase its sales by 30% in the next quarter.
Identify the feature of management being highlighted in the given statement.
(a) Management is all pervasive
(b) Management is a goal oriented process
(c) Management is a continuous process
12. Management is equally important to run a political organisation as it is to run an

economic organisation. Which feature of management is being reflected in the given
statement?
(a) Management is goal oriented
(b) Management is multidimensional
(c) Management is all pervasive
(d) Management is a group activity
13. Management translates the works to be carried out in terms of goals to be achieved and
assigns the means to achieve it. This statement relates to
(a) Management of work
(b) Management of people
(c) Management of operations
14. Which of the following statements highlights that management is a group activity?
(a) Organisation is a collection of diverse individuals with different needs.
(b) Achievement of common goal requires teamwork and co-ordination of efforts in a
common direction.
(c) Each member of the organisation may have different individual goals but they must travel
together towards common goals.
15. Keeping in view the changes in the consumer demands and preferences ‘Tasitemaker
Bakery’ has reduced the sugar and fat content in its products. This approach of business
shows that management is
(a) An intangible force
(b) A group activity
(c) A dynamic function
(d) A multidimensional activity
16. Which of the following is not an organisational objective of management?

(a) Earning enough revenue to cover costs
(b) Earning sufficient profits to cover risks of business
(c) Increase in the prospects of business in the long run
(d) Providing free education to their employees children
17. Management is considered important because

(a) It helps an organisation to adapt to the changes
(b) Seeks to integrate individual efforts
(c) It helps in development of the society
18. Management is considered to be an art because

(a) The principles of management have universal validity
(b) The principles of management have universal application
(c) Different principles of management are brought into effect differently by different
managers
(d) It is not important for the practising managers to be a member of a professional
association.
19. Which of the following statements is not relevant to the concept of “Management as an
inexact science”?
(a) The principles of management lack universal validity
(b) The principles of management lack universal applicability
(c) The principles of management have to be modified according to the given situation
(d) Management involves dealing with human behaviour and outcomes cannot be predicted
with utmost accuracy
20. The authority-responsibility relationships that exist within the organisation give rise to
(a) Different functions within the organisation
(b) Different levels in the organisation
(c) Management as a multidimensional activity
(d) Management as a group activity
21. Which of the following is not a designation related to top level management?
(a) President
(b) Vice-President
(c) Chairman
(d) Production Manager
22. Which of the following is not a designation related to middle level management?
(a) Operations Head
(b) Sales Manager
(c) Chief Operating Officer
(d) Divisional Manager
23. Which of the following is not a designation related to lower level management?
(a) Plant Superintendent
(b) Supervisors
(c) Section officers
(d) Marketing Manager
24. Which of the following is a function of top level management?

(a) Ensuring quality of output
(b) Assigning necessary duties and responsibilities to their departments
(c) Taking responsibility for all the activities of the business and its impact on the society
(d) Ensuring that the safety standards are maintained within the organisation.
25. Which of the following statements does not pertain to middle level management?
(a) They are responsible for all the activities of the operational managers.
(b) They are responsible for the welfare and survival of the organisation.
(c) The interpreter the policies made by top level managers
(d) Co-operate with other departments for the smooth running of the organisation.
26. Which of the following statements is not true for lower level management?
(a) Analyse the business environment and its implications for the survival of the business.
(b) Ensure the quality of the output
(c) They strive to reduce the wastage of resources
(d) They ensure that the safety standards are maintained within the organisation.
27. Identify the level of management which does not interact with the work force directly.
(a) Supervisory management
(b) Operational management
(c) First line managers
(d) Middle level management
28. The main task of this level of management is to determine the overall organisational
objectives and strategies for their realisation.
(a) Operational management
(b) Middle level management
(c) First line managers
(d) Top level management
29. This level of management serves as a link between top level managers and first line
managers.
(a) Supervisory level management
(b) Operational management
(c) Middle level management
30. Organising as a function of management involves deciding

(a) What activities and resources are required
(b) Who will do a particular task
(c) Where will it be done

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DELHI PUBLIC SCHOOL INDIRANAGAR

2. Management is essential for the organisations which are

3. Management contains a series of interrelated functions that include

5. Successful management ensures that

6. Efficiency is concerned with

10. Management is said to be poor if it is

12. Management is equally important to run a political organisation as it is to run an

16. Which of the following is not an organisational objective of management?

17. Management is considered important because

18. Management is considered to be an art because

24. Which of the following is a function of top level management?

30. Organising as a function of management involves deciding

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