Free Nature and Significance of Management 01 Practice Test - 12th Grade - Commerce
Question 1
Efficiency
Effectiveness
Emergent
None of these
SOLUTION
Solution : A
Efficiency is concerned with the optimum utilisation of resources and performing a task with minimum time and effort.
Question 2
Coordinating people and human resources to accomplish organizational goals is the process of:
Planning
Directing
Management
Leadership
SOLUTION
Solution : D
Coordinating people and human resources to accomplish organizational goals is the process of leadership.
Question 3
Which of the following would be included in the "controlling function"
Explaining routines
Measuring results against corporate objectives
Setting standards
Giving assignments
SOLUTION
Solution : B
Measuring results against corporate objectives would be included in the "controlling function".
Question 4
Specific, short-term statements detailing how to achieve an organization's goals is known as its:
Vision
Mission statement
Objectives
Operational planning
SOLUTION
Solution : C
Specific, short-term statements detailing how to achieve an organization's goals is known as its objectives.
Question 5
Mr. X is a branch manager for Microsoft. He comes under:
Top management
Middle management
Supervisory management
None of these
SOLUTION
Solution : C
Mr. X is a branch manager for Microsoft. He comes under supervisory management
Question 6
Empowerment is related to:
Controlling
Planning
Directing
Organising
SOLUTION
Solution : C
Empowerment is related to directing.
Question 7
Technical skills are most important for which of the following:
First-line managers.
Middle managers
Top managers
Vice president- Production
SOLUTION
Solution : A
Technical skills are most important for first-line managers.
Question 8
____________ refers to the process of developing detailed, short-term strategies about what is the be done, who is to do it, and how it is to be done.
Tactical planning
Strategic planning
Contingency planning
None of these
SOLUTION
Solution : A
Tactical planning refers to the process of developing detailed, short-term strategies about what is the be done, who is to do it, and how it is to be done.
Question 9
An example of an effective standard for a control system would be:
deciding to hire 5 new employees.
Planning to increase sales of product A from 5,000 to 10,000 per month by December of next year.
Renting new premises
None of these
SOLUTION
Solution : B
An example of an effective standard for a control system would be planning to increase sales of product A from 5,000 to 10,000 per month by December of next year.
Question 10
Management is:
SOLUTION
Solution : C
Management is both an art and science.