Business Studies MCQ Quiz Hub

1. Successful organisations do not achieve goals by chance but by following a deliberate process known as
Planning
 Co-ordination
Controlling
Management

2. Management is essential for the organisations which are
Non-profit organisations
 Service organisations
Social organisations
All of the above

3. Management contains a series of interrelated functions that include
Planning
Organising
Directing
All of the above

4. People in the organisations carry out diverse tasks with the aim to achieve
 Different objectives
Common objectives
Both of the above
None of the above

5. Successful management ensures that
Goals are achieved with least cost
Timely achievement of goals
Both of the above
None of the above

6. Efficiency is concerned with
Doing the right thing
Doing things right
Achieving end results
None of the above

7. Effectiveness relates to
Doing the right task
Completing activities
Achieving goals
All of the above

8. Rohan works as a production manager in Global Enterprises Limited. He has been given the task of getting 1000 units of hand woven table mats manufactured at the cost of ₹150 per unit within 10 days. In order to be acknowledged as an effective manager, he must ensure that
The cost of production does not exceed ₹150 per unit
The work is completed within 10 days even at higher cost per unit
The cost of production is less than ₹150 per unit
All of the above

9. Jay is working as a marketing manager in a company. Has been given the task of selling 100000 units of a product at the cost of ₹100 per unit within 20 days. He is able to sell all the units within the stipulated time, but had to sell last 1000 units at 20% discount in order to complete the target. In such a situation, he will be considered to be
An efficient manager
An effective manager
 Both effective and efficient manager
None of the above

10. Management is said to be poor if it is
Efficient but ineffective
 Effective but inefficient
Both inefficient and ineffective
All of the above

11. Tarang Enterprises Limited is planning to increase its sales by 30% in the next quarter. Identify the feature of management being highlighted in the given statement.
 Management is all pervasive
Management is a goal oriented process
 Management is a continuous process
All of the above

12.  Management is equally important to run a political organisation as it is to run an economic organisation. Which feature of management is being reflected in the given statement?
Management is goal oriented
Management is multidimensional
 Management is all pervasive
Management is a group activity

13. Management translates the works to be carried out in terms of goals to be achieved and assigns the means to achieve it. This statement relates to
Management of work
Management of people
Management of operations
All of the above

14. Which of the following statements highlights that management is a group activity?
Organisation is a collection of diverse individuals with different needs.
Achievement of common goal requires teamwork and co-ordination of efforts in a common direction.
Each member of the organisation may have different individual goals but they must travel together towards common goals.
All of the above

15. Keeping in view the changes in the consumer demands and preferences ‘Tasitemaker Bakery’ has reduced the sugar and fat content in its products. This approach of business shows that management is
An intangible force
A group activity
A dynamic function
A multidimensional activity

16. Which of the following is not an organisational objective of management?
Earning enough revenue to cover costs
Earning sufficient profits to cover risks of business
Increase in the prospects of business in the long run
Providing free education to their employees children

17. Management is considered important because
 It helps an organisation to adapt to the changes
Seeks to integrate individual efforts
It helps in development of the society
All of the above

18. Management is considered to be an art because
The principles of management have universal validity
The principles of management have universal application
 Different principles of management are brought into effect differently by different managers
It is not important for the practising managers to be a member of a professional association

19. Which of the following statements is not relevant to the concept of “Management as an inexact science”?
The principles of management lack universal validity
The principles of management lack universal applicability
The principles of management have to be modified according to the given situation
Management involves dealing with human behaviour and outcomes cannot be predicted with utmost accuracy

20. The authority-responsibility relationships that exist within the organisation give rise to
Different functions within the organisation
Different levels in the organisation
 Management as a multidimensional activity
Management as a group activity

21. Which of the following is not a designation related to top level management?
President
Vice-President
Chairman
Production Manager

22. Which of the following is not a designation related to middle level management?
Operations Head
Sales Manager
Chief Operating Officer
Divisional Manager

23. Which of the following is not a designation related to lower level management?
Plant Superintendent
Supervisors
Section officers
Marketing Manager

24. Which of the following is a function of top level management?
 Ensuring quality of output
Assigning necessary duties and responsibilities to their departments
Taking responsibility for all the activities of the business and its impact on the society
Ensuring that the safety standards are maintained within the organisation

25. Which of the following statements does not pertain to middle level management?
They are responsible for all the activities of the operational managers
They are responsible for the welfare and survival of the organisation
The interpreter the policies made by top level managers
Co-operate with other departments for the smooth running of the organisation

26. Which of the following statements is not true for lower level management?
Analyse the business environment and its implications for the survival of the business
Ensure the quality of the output
They strive to reduce the wastage of resources
They ensure that the safety standards are maintained within the organisation

27. Identify the level of management which does not interact with the work force directly.
Supervisory management
Operational management
 First line managers
Middle level management

28. The main task of this level of management is to determine the overall organisational objectives and strategies for their realisation.
Operational management
Middle level management
First line managers
Top level management

29. This level of management serves as a link between top level managers and first line managers.
Supervisory level management
Operational management
Middle level management
None of the above

30. Organising as a function of management involves deciding
What activities and resources are required
Who will do a particular task
Where will it be done
All of the above

31. The function of management related to grouping of activities to be carried out into departments and creating management hierarchy is
 Planning
Organising
Controlling
Directing

32. This function of management relating to laying down the foundation for carrying out the other functions of management successfully is
Organising
Staffing
Planning
Controlling

33. Supervision, communication, motivation and leadership are the key elements of this function of management.
Directing
Controlling
Planning
Organising

34. This function of Management related to placing the right person at the right job is
Organising
Staffing
Planning
Controlling

35. It is a force that binds all the functions Of management.
Cooperation
Co-ordination
 Planning
Management hierarchy

36. Co-ordination is considered to be the essence of management because
It is a common thread that runs through all the activities within the organisation
It is implicit and inherent in all functions of the organisation
 It is a force that binds all the functions of management
All of the above

37. Identify the process that provides the requisite amount, quality, timing and sequence of efforts, which ensures that planned objectives are achieved with a minimum of conflict.
Management
Planning
Co-ordination
Controlling

38. Identify the feature of co-ordination being highlighted in the given statement: “Coordination is not a one time function, it begins at the planning stage and continue till controlling.”
Coordination ensures unity of action
Coordination is an all pervasive function
Coordination is a continuous process
Coordination is a deliberate function