MCQ NATURE AND SIGNIFICANE OF MANAGEMENT

MCQs
1	Efficiency is a task   (a)  being completed on time   (b)  being completed on time with least resources   (c)  being completed on time with added resources   (d)  none of the above
2	Which of the following is a social objective?   (a)  providing good working conditions to workforce   (b)  providing good quality products at reasonable prices   (c)  providing good returns to investors   (d)  utilizing human and material resources optimally.
3	Which of the following characteristics of profession is present in management?
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	(a) code of conduct                                        (b) professional degree   (c) restricted entry                                          (d) well defined body of knowledge
4	Which level of management sets the targets for workforce?   (a) top level                                                    (b) middle level   (c) lower level                                               (d) all the above
5	Assertion (A) : Coordination begins at the planning stage and continues till controlling   Reason (R) : Coordination is a one-time process   (a)  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A) (b)  Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion ( A) (c)  Assertion (A) is true but Reason (R) is false   (d)  Assertion (A) is false but Reason (R) is true
6	This function of management provides right kind of people for the right job.   (a) organizing            (b) planning                    (c) staffing                       (d) directing
7	Which of the following belongs to middle level management?   (a) chief operating officer                                       (b) factory head   (c) factory supervisor                                             (d) none of the above
8	The managers at--------- level of management is responsible for the welfare and survival of an organization.   (a) Top                        (b) Middle                  (c) Lower                 (d) All of these
9	Derivation of principles of management is a matter of------ and their application is a matter of ----   (a) art ; science                                                    (b) science ; art   (c) art ; discipline                                                (d) discipline ; science
10	Assertion (A) : Management is a goal oriented process   Reason (R) : An organization has a set of basic goals which are the basic reason for its existence.
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	(a)  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)   (b)  Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion ( A) (c)  Assertion (A) is true but Reason (R) is false   (d)  Assertion (A) is false but Reason (R) is true
11	Read the following statements carefully.   Statement I : Management is called as an inexact science.   Statement II : Management deals with complex human behavior, which cannot be determined with accuracy. Choose the correct option from the options given below:   (a) Statement I is true and II is false          (b) Statement II is true and I is false   (c) Both the statements are true                 (c) Both the statements are false
12	Vasanthan was working in ABC Ltd. a company manufacturing air coolers. He found that the profits had started declining from the last six months. Profits has an implication for the survival of the firm. So he analyzed the business environment to find out the reason for the decline. Identify the level of management at which Vasanthan was working. (a) Lower level                                                     (b) Middle level   (c) Top level                                                          (d) None of these
13	ITC Ltd. contributes Rs.1 on sale of its each note book towards primary education. Identify the objective of the management is trying to achieve. (a) Personal objective                                        (b) Social objective   (c) Economic objective                                      (d) None of these
14	Assertion (A) : Management is an intangible force.   Reason (R) : Management has to adapt itself to its changing environment, which consists of various social, economic and political factors. (a)  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A) (b)  Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion ( A)
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	(c)  Assertion (A) is true but Reason (R) is false   (d)  Assertion (A) is false but Reason (R) is true
15	Jovita is one of the most successful managers of her company, Globe Ltd. She uses her creativity and initiative in handling challenging situations at work. The knowledge gained by her during her school days at a renowned management institute as well as through her observation and experience over the years is applied by Jovita in a skillful manner in the context of the realities of a given situation. She often reads books and other literature in various fields of management to keep knowledge updated. An aspect of the nature of management is being highlighted in the above description. Identify the aspect. (a) Management is an art                                    (b) Management is a science   (c) Management is a profession                          (d) None of these
16	Assertion (A) : Through management personal goals can be achieved.   Reason (R) : Management helps to provide good quality products, create employment opportunities and adapt new technologies. (a)  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A) (b)  Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion ( A) (c)  Assertion (A) is true but Reason (R) is false   (d)  Assertion (A) is false but Reason (R) is true
17	Which of the following pairs are correctly matched?   List – 1                                                                         List – 2   1. Planning                                                         Essence of management   2.   Coordination                                                 Function of management   3.   Organizational objective of management     Survival   4.   Middle level management                             Sales manager   (a) 1,2,3 and 4               (b) 2,3 and 4       (c) 3 and 4                       (d) 1 and 4
18	Keeping in view the changes in the consumer demands and preferences ‘ Tastemaker Bakery’ has reduced the sugar and fat content in its products. This approach of business shows that management is
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	(a)  an intangible force   (b)  a group activity   (c)  a dynamic function   (d)  a multidimensional activity
19	The function of management related to grouping of activities to be carried into departments and creating management hierarchy is
	(a) planning                                               (b) organizing   (c) directing                                               (d) controlling
20	Assertion (A) :Management as an art and science are not mutually exclusive but complementary to each other   Reason (R) : Managers work better if their practices are based on principles of management. (a)  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A) (b)  Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion ( A) (c)  Assertion (A) is true but Reason (R) is false   (d)  Assertion (A) is false but Reason (R) is true
	MCQs Answers   1. (b)          2. (b)        3. (d)         4. (a)            5. (c)     6. (c)         7. (b)         8. (a)         9. (b)           10. (a)     11. (c)       12. (c)      13. (b)       14. (b)          15. (a)     16. (b)       17. (c)      18. (c)       19. (b)          20. (a)