Start learning →

AP Intermediate 2nd Year Nature and Significance of Management — practice questions — page 2

Explore 50 free Nature and Significance of Management questions in AP Intermediate 2nd Year Business Studies. Open each question or exercise to read its content, reference answers and available explanation.

Practise Nature and Significance of Management with Quill →

Nature and Significance of Management questions and exercises with answers

Showing questions 31–50 of 50.

Management is defined as getting things done with the aim of achieving goals:Read the answer and worked solution →Doing the right task and completing activities to reach goals is being:Read the answer and worked solution →Doing a task correctly at minimum cost is:Read the answer and worked solution →A manager hits the 5000-unit target using costly double shifts. He is:Read the answer and worked solution →A petrol pump, a hospital and a school all need managing. This shows management is:Read the answer and worked solution →McDonald's changing its menu to survive in India shows management is a:Read the answer and worked solution →Management cannot be seen but its presence is felt in orderliness and met targets. It is:Read the answer and worked solution →The economic objectives of a business are survival, profit and:Read the answer and worked solution →ITC's E-Choupal helping farmers is an example of management meeting:Read the answer and worked solution →Art is the skillful and personal application of knowledge, so management is an art because managers apply principles:Read the answer and worked solution →Because management deals with human behaviour and outcomes cannot be exactly predicted, it is called:Read the answer and worked solution →To become a chartered accountant in India one must clear an ICAI examination. This profession feature is:Read the answer and worked solution →Chairman, CEO and president belong to which level of management?Read the answer and worked solution →Division heads such as a production manager who implement top management's plans are:Read the answer and worked solution →Foremen and supervisors who directly oversee the workforce form the:Read the answer and worked solution →Determining in advance what is to be done and who is to do it is:Read the answer and worked solution →Finding the right people for the right job, including recruitment and training, is:Read the answer and worked solution →Leading, influencing and motivating employees to perform assigned tasks is:Read the answer and worked solution →Setting standards, measuring performance and taking corrective action is:Read the answer and worked solution →Synchronising the activities of different departments is called:Read the answer and worked solution →

Worked practice questions

Management is defined as getting things done with the aim of achieving goals:

  1. Effectively and efficiently
  2. Quickly and very cheaply
  3. Slowly but very surely
  4. Loudly and very clearly
Show answer and solution

Correct answer: A. Effectively and efficiently

1. Effectiveness is finishing the task. 2. Efficiency is doing it at minimum cost. 3. Management needs both. _Source: syllabus Business Studies Part I, Chapter 1, Nature and Significance of Management._

Open this question →

Doing the right task and completing activities to reach goals is being:

  1. Ethical
  2. Effective
  3. Efficient
  4. Economical
Show answer and solution

Correct answer: B. Effective

1. It is concerned with the end result. 2. That is effectiveness. 3. Efficiency is about cost. _Source: syllabus Business Studies Part I, Chapter 1, Nature and Significance of Management._

Open this question →

Doing a task correctly at minimum cost is:

  1. Efficiency
  2. Direction
  3. Motivation
  4. Innovation
Show answer and solution

Correct answer: A. Efficiency

1. It compares inputs with outputs. 2. Fewer resources for the same output raises efficiency. 3. That is efficiency. _Source: syllabus Business Studies Part I, Chapter 1, Nature and Significance of Management._

Open this question →

How to practise

  1. Choose a Nature and Significance of Management question and try to work out your answer.
  2. Open the question to check the correct answer and read its worked solution.
  3. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.

Put it into practice

Continue with Nature and Significance of Management practice for AP Intermediate 2nd Year. Read explanations as you go. No signup form needed to start.

Practise Nature and Significance of Management →

More Business Studies topics

Principles & Functions of ManagementFinancial & Marketing ManagementControllingDirectingFinancial MarketsStaffingPlanningBusiness Environment