Business Studies Std XII Ch.1 Nature & Significance of Mgt.

Prepared By: Jeegar Bhatt

Worksheet 1
Choose and write the correct option in the following questions.
1. How does a manager want to achieve his objectives? (a. efficiently, b. effectively, c. efficiently and
effectively, d. none of these)
2. A manager obtains the required capital at 12% interest while the prevailing rate of interest happens to
be 10%. How would you describe such a manager? (a. efficient, b. effective, c. efficient and
effective, d. inefficient)
3. What type of force management is? (a. visible, b. invisible, c. separate, d. none of these)
4. By evaluating results what does management try to find out and then takes corrective action? (a.
profit, b. loss, c. deviations, d. none of these)
5. In the context of business what does research refer to? (a. finding out new products, b. finding out
new markets, c. finding out new methods of distribution, d. all of the above)
6. What happens when the management of an organization gets weakened? (a. organization progresses,
b. production increases, c. profit increases, d. organization faces heavy loss)
7. Which one of the following sequence o process of management is correct? (a. directing, planning,
controlling, organizing, staffing, b. directing, staffing, planning, organizing, controlling, c. planning
organizing, staffing, directing, controlling, d. organizing, planning, staffing, controlling, directing)
8. Management is (a. an activity, b. a process, c. a tradition, d. an illusion)
9. Management ensures: (a. providing employment opportunities, b. maintaining profit, c. ensuring
maximum utilization of resources, d. control on cost)
10. Management is important because. (a. it helps achieving group goals, b. it helps in development of
society, c. it increases efficiency, d. all of the above)
11. Which of the following has formalized methods of acquiring training and experience? (a.
management, b. law, c. medial, d. all of the above)
12. Which of the following has no representative professional organisations available? (a. law, b.
management, c. medical, d. accountancy)
13. Which degree is essential to become a manager? (a. B. Com, b. M. Com, c. MBA, d. None of these)
14. For which of the following minimum qualification has not been prescribed? (a. manager, b. doctor, c.
lawyer, d. chartered accountant)
15. What is the name of the Management Institute established in India? (a. IIT, b. AIMA, c. IIM, .
ICICI)
16. “Art is bringing about a desired result through application of skill”. Whose statement is this? (a. T. L.
Massie, b. G. R. Terry, c. Prof. Dalton E. McFaraland, d. None of these)
17. Whose specialty happens to be „personal skill‟? (a. profession, b. art, c. science, d. none of these)
18. Who said that management is a soft science? (a. Ernest Dale, b. G. R. Terry, c. Keynes, d. Fayol)
19. The principles of Physics and Chemistry are stable. What is your opinion about management? (a.
stable, b. unstable, c. no principle is available, d. none of these)
20. Management is a/an: (a. art, b. science, c. profession, d. all of these)
21. Name the country in which management is accepted as profession. (a. America, b. Japan, c. India, d.
America and Japan)
22. Which of the following science can be management called? (a. perfect science, b. physics, c. applied
science, d. chemistry)
23. Levels of management in an organization serve as a __________ line among the different managerial
posts. (a. strong, b. dividing, c. weak, d. straight)
24. A ________ chains is formed from the top-level management to the lower-level management. (a.
vertical, b. thick, c. scalar, d. small)
25. At what level of management does the Chief Executive Officer operate? (a. top-level, b. middle-
level, c. lower-level, d. none of these)
26. To which level of management do the managers of first-line belong? (a. lower-level, b. middle-level,
c. top-level, d. none of these)
27. What is that area called where the non-managerial members work? (a. shopping area, b. showroom
area, c. platform area, d. factory area)

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Business Studies Std XII Ch.1 Nature & Significance of Mgt. Prepared By: Jeegar Bhatt

28. „Thinking before doing‟, under which function of management is this performed? (a. controlling, b.
directing, c. organizing, d. planning)
29. Under what function of management does the determining of structure of resources fall? (a. planning,
b. organizing, c. directing, d. controlling)
30. Under what function of management does the work of filling posts with people fall? (a. planning, b.
organizing, c. staffing, d. directing)
31. Under what function of management doe the „corrective action‟ fall? (a. planning, b. organizing, c.
directing, d. controlling)
32. What, out of the following, does not fall under directing? (a. planning, b. supervision, c. leadership,
d. motivation)
33. Number of levels of management are: (a. one, b. two, c. three, d. four)
34. Coordination is needed where the efforts of ________ are required. (a. one person, b. two persons, c.
three persons, d. many persons)
35. “Coordination is not a separate function of management but it happens to be the final truth of all
functions.” In what context this observation has been made? (a. coordination is the essence of
management, b. coordination is not established automatically, c. coordination is a continuously
moving process, d. none of these)
36. Which of the following is true? (a. coordination is not equally important at all levels of
management, b. coordination has no importance, c. coordination is equally important at all levels of
management, d. none of these)
37. Cooperation means: (a. desire to work jointly, b. determining activities, c. both the above, d. none of
these)
38. To what function of management is coordination associated with? (a. planning, b. organizing, c.
staffing, directing and controlling, d. all of these)
39. What out of the following has been called the essence of management? (a. communication, b.
coordination, c. supervision, d. leadership)
40. What is the focus of attention when a manager is busy in planning activity? (a. coordination, .
directing, c. controlling, d. staffing)
41. What information do we get about coordination through the medium of inter-dependence of various
processes? (a. meaning, b. characteristics, c. need, d. none of these)
42. The word cooperation and coordination are: (a. opposite, b. synonym, c. complementary, d. all of
these)
43. What contributes to the elimination of complexities of large-scale organisations? (a. planning, b.
directing, c. controlling, d. coordination)
44. Which of the following is not a function of management? (a. planning, b. staffing, c. cooperating, d.
controlling)
45. Management is: (a. an art, b. a science, c. both art and science, d. neither)
46. The following is not an objective of management. (a. earning profits, b. growth of the organization,
c. providing employment, d. policy making)
47. Policy formulation is the function of (a. top level managers, b. middle level managers, c. operational
management, d. all of these)
48. Coordination is (a. a function of management, b. the essence of management, c. an objective of
management, d. none of the above)

Submit the answers by tomorrow 10.00 AM (21/04/2020). At 10.00 I will share the answers. Check and
compare your answers and show how many correct answers you got. Be honest.

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