Nature and Significance of Management

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There are 15 Multiple Choice based Questions below. You are required to enter your Name first and then go for attempting the questions. Try to score well and attempt sincerely.

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1. How does a manager want to achieve his objectives? *

1 point

Efficiently

Effectively

Efficiently and Effectively

None of the above

2. "Management is what a Manager does." State True or False. *

1 point

True

False

3. Management is _____________. *

1 point

An Activity

A Process

A Tradition

An Illusion

4. A manger obtains the required capital at 12% interest while the prevailing rate of interest happens to be 10%. How would you describe such a manager? *

1 point

Efficient

Effective

Efficient and Effective

Inefficient

5. What happens when the management of an organisation gets weakened? *

1 point

Organisation Progresses

Production Increases

Profit Increases

Organisation faces heavy loss.

6. Management ensures: *

1 point

Providing Employment Opportunities

Maintaining Profits

Ensuring Maximum utilisation of Resources

Control on Cost

7. Which one of the following sequence is correct? *

1 point

Directing, Planning, Controlling, Organising, Staffing

Directing, Staffing, Planning, Organising, Controlling

Planning, Organising, Staffing, Directing, Controlling

Organising, Planning, Staffing, Controlling, Directing

8. Policy formulation is a function of _______________. *

1 point

Top Level Manager

Middle Level Manager

Lower Level Manager

All of these

9. Management is ______________________. *

1 point

An Art

A Science

Both Art and Science

Neither Art nor Science

10. "Anything minus Management is Zero." State True or False. *

1 point

True

False

11. The following is not an objective of Management: *

1 point

Earning Profits

Growth of the Organisation

Providing Employment

Policy Making

12. Management is important because: *

1 point

It helps in achieving Group goals

It helps in the development of the society

It increases efficiency

All of the above

13. Which degree is essential to become a Manager? *

1 point

B.Com/BBA

M.Com

MBA

None of these

14. Name the country in which Management is accepted as Profession. *

1 point

America

India

China

Germany

15. For which of the following minimum qualification has not been prescribed? *

1 point

Chartered Accountant

Manager

Doctor

Lawyer

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