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AP Intermediate 2nd Year Principles & Functions of Management — practice questions

Explore 169 free Principles & Functions of Management questions in AP Intermediate 2nd Year Business Studies. Open each question or exercise to read its content, reference answers and available explanation.

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Principles & Functions of Management questions and exercises with answers

Showing questions 1–30 of 169.

The 14 general principles of management were developed by:Read the answer and worked solution →F. W. Taylor is regarded as the father of:Read the answer and worked solution →Fayol's principle that there should be one and only one boss for every individual employee is:Read the answer and worked solution →Fayol's principle that all units working towards the same objective should have one head and one plan is:Read the answer and worked solution →The formal line of authority running from the highest to the lowest rank is called the:Read the answer and worked solution →A shortcut allowing direct contact between two employees at the same level, cutting across the scalar chain, is the:Read the answer and worked solution →Fayol's principle 'Esprit de Corps' emphasises:Read the answer and worked solution →The principle of 'Division of Work' leads to:Read the answer and worked solution →Taylor's principle 'Science, not Rule of Thumb' advocates:Read the answer and worked solution →Taylor's technique of having eight specialised foremen supervising a worker is called:Read the answer and worked solution →Taylor's wage plan that pays different rates to efficient and inefficient workers is the:Read the answer and worked solution →Fayol's principle of 'Order' essentially means:Read the answer and worked solution →The principle that the degree of concentration of authority should vary according to the situation is:Read the answer and worked solution →Business environment refers to the:Read the answer and worked solution →Which of the following is a key feature of the business environment?Read the answer and worked solution →The dimension of the business environment that includes interest rates, inflation and income levels is the:Read the answer and worked solution →The dimension of the business environment relating to customs, traditions and values of society is the:Read the answer and worked solution →The 1991 New Economic Policy of India is associated with the three processes of:Read the answer and worked solution →Reducing government restrictions and licensing requirements on business is called:Read the answer and worked solution →Giving a greater role to the private sector and reducing that of the public sector is called:Read the answer and worked solution →Integrating a country's economy with the world economy through freer trade and capital flows is called:Read the answer and worked solution →The 2016 step of withdrawing ₹500 and ₹1000 notes as legal tender is known as:Read the answer and worked solution →Understanding the business environment helps a firm to:Read the answer and worked solution →The dimension of the business environment covering scientific improvements and innovations is the:Read the answer and worked solution →The legal environment of business includes:Read the answer and worked solution →A firm that fails to adapt to a changing business environment is most likely to:Read the answer and worked solution →Planning as a function of management essentially means:Read the answer and worked solution →Planning is regarded as the ___ function of management because every other function follows it:Read the answer and worked solution →The ends or goals that an organisation wishes to achieve are called its:Read the answer and worked solution →A comprehensive plan that sets the overall direction of an organisation to meet competition is a:Read the answer and worked solution →

Worked practice questions

The 14 general principles of management were developed by:

  1. Henri Fayol
  2. Elton Mayo
  3. Peter Drucker
  4. F. W. Taylor
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Correct answer: A. Henri Fayol

Henri Fayol gave the 14 general principles of management.

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F. W. Taylor is regarded as the father of:

  1. behavioural science
  2. scientific management
  3. administrative management
  4. human relations
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Correct answer: B. scientific management

F. W. Taylor pioneered scientific management.

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Fayol's principle that there should be one and only one boss for every individual employee is:

  1. Unity of Direction
  2. Unity of Command
  3. Scalar Chain
  4. Centralisation
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Correct answer: B. Unity of Command

Unity of Command: one employee receives orders from only one superior.

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