CBSE Class 12 (Commerce) Nature and Significance of Management — practice questions
66 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice CBSE Class 12 (Commerce) Nature and Significance of Management in the app →Management is defined as getting things done with the aim of achieving goals in which manner?Effectiveness in management is concerned with what?Efficiency in management means doing the task correctly and at what cost?A firm hits its 5000-unit target but at high power cost. It is what?Which statement about efficiency rises when the same output is made with fewer inputs?A firm cuts cost but its goods never reach the market. It is what?Effectiveness and efficiency are described as what?Which of these is NOT one of the five functions making up the management process?A petrol pump needs management as a hospital does. Which trait is this?Managers do the same things worldwide but differ in how. Why?How many main dimensions does management have as a multidimensional activity?Which dimension turns work into goals, plans and budgets?Making strengths effective and weaknesses irrelevant is which dimension?Which dimension deals with the flow of inputs into outputs?Team work and coordination of individual effort towards a common goal show management as what?McDonald's changed its menu for India. Which trait is this?Management cannot be seen, yet its presence is felt in orderliness and met targets. It is called what?Into how many broad classes are the objectives of management divided?Which three aims make up the economic objectives of a business?The basic objective of any business, achieved by earning enough revenue to cover costs, is what?Which objective is essential for covering the costs and risks of the business?Which of these is a measure of business growth in the long run?Creating economic value for various constituents of society is which kind of management objective?ITC's e-Choupal, giving farmers direct market information, is an example of what?Competitive salaries, peer recognition and personal growth are needs covered by which objective?Which importance of management is shown when it gives a common direction to individual effort?Cutting costs and raising productivity shows management doing what?Helping people adapt to change so the firm keeps its competitive edge shows management as what?Good quality products, jobs and new technology reflect management helping in what?Art is best described as the skilful and personal application of what?Two dancers or two speakers always differ in demonstrating their art. Which feature is this?Every song uses seven tones, yet each musician sounds unique. Why?Which of these is NOT a basic feature of art?Managers applying the same principles in their own way give rise to what?Science is best described as what?An apple falling due to gravity shows which feature of science?Scientific principles are first developed through observation and then tested how?Why is management called an inexact science?Which discipline helps managers understand differences in values and behaviour across countries?Which discipline helps managers with motivation, leadership and employee selection?Which discipline concerns the allocation and distribution of scarce resources?Which body must lawyers join to practise in India, as an example of a professional association?Doctors taking an oath of ethical practice illustrates which feature of a profession?Which feature of a profession is the aim of serving the client's interests with dedication?Why does management fail the restricted entry test of a profession?Why is AIMA not a full professional association?How many levels are there in the hierarchy of an organisation?Which level of management formulates overall organisational goals and strategies?Which of these is a typical top management designation?Which level links top managers with first line managers?Who mainly implements and controls the plans and strategies framed by top management?Foremen and supervisors belong to which level of management?Which managers spend more time on planning and organising than those at lower levels?Which function of management means finding the right people for the right job?Motivation and leadership are the two key components of which function?Which management function involves comparing performance with standards and taking corrective action?Which step is NOT part of the controlling function?The process by which a manager synchronises the activities of different departments is called what?Coordination is described as the what of management?Coordination is compared to which object that runs through the management functions?Coordination starts at planning and continues till controlling. Which feature?Coordination is needed at all levels. Which feature is this?Cooperation without coordination may lead to what?Mumbai's dabbawallas are cited in the context of excellence through what?Who defined management as designing an environment for group aims?Which definition of management stresses working with and through others using limited resources?