Business Studies Quiz Questions: Test!

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Questions: 10 | Attempts: 1,832

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Business Studies Quiz Questions: Test! - Quiz

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Questions and Answers
  • 1. 

    Which is the first and primary function of management?

    • A.

      Coordination

    • B.

      Planning

    • C.

      Cooperation

    • D.

      Organising

    Correct Answer
    B. Planning
    Explanation
    All other functions of management are based on planning.

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  • 2. 

    Planning requires intelligent imagination and sound judgment. Which feature of planning is highlighted here?

    • A.

      Planning is goal oriented

    • B.

      Primary function

    • C.

      Forward looking

    • D.

      Mental exercise

    Correct Answer
    D. Mental exercise
    Explanation
    it is a thinking rather than doing function of management.

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  • 3. 

    In which step of the planning process the planners make predictions regarding the future?

    • A.

      Setting objectives

    • B.

      Planning premises

    • C.

      Identifying alternatives

    • D.

      Follow up action

    Correct Answer
    B. Planning premises
    Explanation
    It involves assumptions made for future during planning process

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  • 4. 

    Name the step of the planning process where other functions of management also come into the picture.

    • A.

      Setting objectives

    • B.

      Planning premises

    • C.

      Identifying the alternatives available

    • D.

      Implementing the selected alternative

    Correct Answer
    D. Implementing the selected alternative
    Explanation
    While implementing the plan functions like directing and controlling are required

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  • 5. 

    'to see whether plans are being implemented and activities are being performed according to schedule', is a step of the planning process. Identify the step.

    • A.

      Follow up action

    • B.

      Implementing the plan

    • C.

      Selecting the best alternative

    • D.

      Identifying the alternatives

    Correct Answer
    A. Follow up action
    Explanation
    follow up action

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  • 6. 

    Planning will become useless exercise unless it does not positively contribute to the achievement of pre determined organisational goal. Which attribute of planning is highlighted here?

    • A.

      Primary function

    • B.

      Focuses on achieveing objectives

    • C.

      Pervasive

    • D.

      Continuous

    Correct Answer
    B. Focuses on achieveing objectives
    Explanation
    Planning is a goal oriented process

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  • 7. 

    In which type of plan the sequence to perform a job is determined?

    • A.

      Objective

    • B.

      Programme

    • C.

      Method

    • D.

      Procedure

    Correct Answer
    D. Procedure
    Explanation
    procedure

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  • 8. 

    A company started offering discount on its products to compare with competitors who offer free gift on their products. What type of plan is it?

    • A.

      Policy

    • B.

      Strategy

    • C.

      Objective

    • D.

      Programme

    Correct Answer
    A. Policy
    Explanation
    strategy

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  • 9. 

    A company allows only ten leaves for its employees during one year. Which type of plan is it?

    • A.

      Policy

    • B.

      Procedure

    • C.

      Objective

    • D.

      Rule

    Correct Answer
    D. Rule
    Explanation
    rule

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  • 10. 

    Which type of plan has the least flexibility?

    • A.

      Objective

    • B.

      Strategy

    • C.

      Rule

    • D.

      Policy

    Correct Answer
    C. Rule
    Explanation
    rule

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  • Current Version
  • Mar 22, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • May 14, 2016
    Quiz Created by
    Pjpriyankaj
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