Bihar Board 12th Business Studies Objective Answers Chapter 1 Nature and Significance of Management

Bihar Board 12th Business Studies Objective Questions and Answers

Bihar Board 12th Business Studies Objective Answers Chapter 1 Nature and Significance of Management

Question 1.
Management is :
(A) Art
(B) Science
(C) Art and Science both
(D) Profession
Answer:
(C) Art and Science both

Question 2.
“Management is a profession.” This statement is of:
(A) George R. Terry
(B) American Management Association
(C) Henry Fayol
(D) Lawrence A. Appley
Answer:
(B) American Management Association

Question 3.
The nature of management is :
(A) As an inborn ability
(B) An an acquired ability
(C) As inborn and as an acquired ability both
(D) None of these
Answer:
(C) As inborn and as an acquired ability both

Question 4.
The essence of management is :
(A) Co-ordination
(B) Organisation
(C) Staffing
(D) Controlling
Answer:
(A) Co-ordination

Question 5.
Maximum incentive giving function of management of employees is :
(A) Staffing
(B) Motivation
(C) Organisation
(D) Controlling
Answer:
(B) Motivation

Question 6.
According to George R. Terry the functions of manageemnt are:
(A) 2
(B) 4
(C) 6
(D) 7
Answer:
(B) 4

Question 7.
Co-ordination is established by :
(A) Top level management
(B) Middle level management
(C) Lower level management
(D) None of these
Answer:
(A) Top level management

Question 8.
Co-ordination is:
(A) Voluntary
(B) Necessary
(C) Unnecessary
(D) Wastage of time
Answer:
(B) Necessary

Question 9.
Management in India is………………
(A) Necessary
(B) Unecessary
(C) Luxury
(D) None of these
Answer:
(A) Necessary

Question 10.
According to ‘ ‘Management is the development of people and not the direction of things” :
(A) Henry Fayol
(B) Lawarence Appley
(C) F.W. Taylor
(D) R.C. Davis
Answer:
(B) Lawarence Appley

Question 11.
The main cause of slow progress of India is the lack of…
(A) Efficient management
(B) Man power
(C) Resources
(D) All of these
Answer:
(A) Efficient management

Question 12.
Primary element of success of management is :
(A) Satisfied employee
(B) Large capital
(C) Big market
(D) Maximum production
Answer:
(B) Large capital

Question 13.
Management is …….
(A) Art
(B) Art and science both
(C) Science
(D) None of these
Answer:
(B) Art and science both

Question 14.
How many levels of management are ?
(A) 3
(B) 4
(C) 5
(D) 6
Answer:
(A) 3

Question 15.
The social responsibility of management is :
(A) Towards all
(B) Towards employee
(C) Towards Govt.
(D) Towards society
Answer:
(A) Towards all

Question 16.
Management is the development of men and not the direction of things This statement is of:
(A) L.P. Appley
(B) R.C. Devis
(C) Keith & Gubelline
(D) Henry Fayol
Answer:
(A) L.P. Appley

Question 17.
The foremost need of development in a country is of:
(A) Physical Resources
(B) Economic Resources
(C) Human Resources
(D) Efficient Management
Answer:
(D) Efficient Management

Question 18.
Higher level managment spend on planning part of his time:
(A) 35%
(B) 50%
(C) 75%
(D) 100%
Answer:
(A) 35%

Question 19.
The main functions of management according to Koontz O’Donnei are:
(A) 2
(B) 4
(C) 6
(D) 8
Answer:
(A) 2

Question 20.
Management is an art of-
(A) doing work himself
(B) taking work from others
(C) both for doing himself work and taking work from others
(D) None of these
Answer:
(C) both for doing himself work and taking work from others

Question 21.
In the nature of social responsibility of management applies-
(A) buyer beware
(B) seller beware law
(C) none of the two
(D) None of these
Answer:
(B) seller beware law

Question 22.
Planning is the function of management is:
(A) secondary
(B) primary
(C) unnecessary
(D) None of these
Answer:
(B) primary