Business Studies: Nature And Significance Of Management Quiz
10 Questions
| Total Attempts: 1248
Answer these questions to find out your knowledge of "Nature and Significance of Management".
Questions and Answers
- 1.Management works with the following objectives:
- A.
Objective of profit maximization
- B.
Objective of sales maximization
- C.
Objective of becoming market leader
- D.
Multiple objective
- 2.Coordination is
- A.
An essence of management
- B.
A function of management
- C.
None of the above
- D.
Part of Management
- 3.The function of management, which creates various departments is called __________________.
- A.
Planning
- B.
Staffing
- C.
Organising
- D.
Directing
- 4.Completing the task with minimum cost and optimum utilisation of resources is called __________________.
- A.
Efficiency
- B.
Effectiveness
- C.
Coordination
- D.
Organising
- 5.The primary or first function of every manager is __________________.
- A.
Planning
- B.
Staffing
- C.
Coordination
- D.
Organizing
- 6.Management is used only in Business Organisations.
- A.
True
- B.
False
- 7.The process of creating an internal environment, where individual work effectively and efficiently for achievement of goal is known as
- A.
Coordination
- B.
Delegation
- C.
(c) Management
- D.
Planning
- 8.Management is a process because:
- A.
It involves series of steps
- B.
It leads to systematic working
- C.
It involves one single activity
- D.
None of the above
- 9.Liaison with the outside world is the function of:
- A.
Top Level
- B.
Supervisory Level
- C.
Middle Level
- D.
All of the above
- 10.Coordination does not come by chance but is a __________________ process. (Take care of spelling)
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