Business Studies Class 12 Mcq Chapter 1
1. Efficiency :
a) Focuses on optimum use of resources
b) Involves cost-benefit analysis
c) Means doing the task correctly and with
minimum cost
d) All of the above
Ans . d
2 . Which of the following is an organisational objective of the management?
a) Survival
b) Women Empowerment
c) Profit
d) All of these
Ans . a,c
3 . General Manager belongs to ___ level , while Production Manager belongs to ____ level .
a) Middle, Top
b) Top, Middle
c) Top, Lower
d) Middle, Lower
Ans . b
4 . Following is the feature of 'Profession':
a) Personalised Application
b) Ethical code of conduct
c) Universal validity
d) Service Motive
Ans . b,d
5 . Manger of the Climax Ltd. Achieved the target production, but at a higher production cost . In this case, manager is ___ but not __.
a) Efficient,Honest
b) Effective, Efficient
c) Efficient, Effective
d) None of these
Ans . b
6 . Shivam is working as a Finance Manger in Mercury Ltd. State the management level at which he is working.
a) Top Level
b) Supervisory Level
c) Middle Level
d) None of these
Ans . c
7 . Profit is essential for covering cost and risk of the business . Which management objective is discussed here ?
a) Social Objective
b) Personal Objective
c) Organisational Objective
d) None of these
Ans . c
8 . 'A business needs to add to its prospects in long run'. Which organisational objective of management is highlighted in the given statement ?
a) Growth
b) Profit
c) Survival
d) None of these
Ans . a
9 . "Management has to adapt itself according to the changing environment ". Which features of management is highlighted in the given statement ?
a) Continuous Process
b) Goal Oriented
c) Group Activity
d) Dynamic Function
Ans . b
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10 . Star Ltd. is manufacturing electrical items by using environmental friendly method of production. Which management objective is used here ?
a) Social Objective
b) Organisational Objective
c) Individual Objective
d) Economic Objective
Ans . a
11 . A lawyer has to become a member of Bar Council, to practice law in India. Which features of profession is being highlighted?
a) Ethical Code of Conduct
b) Professional Association
c) Service Motive
d) Restricted Entry
Ans . b
12 . Survival is possible only when organization is able to earn enough revenue to cover it's costs. Which management objective is highlighted?
a) Organisational Objective
b) Individual Objective
c) Social Objective
d) None of these
Ans . a
13 . ' To cooperate with other departments for smooth functioning of the organisation' highlights the function of____ level of management .
a) Top
b) Supervisory
c) Middle
d) None of these
Ans . c
14 . 'Management cannot be seen but it's presence can be felt '. Which characteristics of management is highlighted in the given statement ?
a) Group Activity
b) Dynamic Function
c) Intangible Force
d) Continuous Process
Ans . c
15 . Providing proper working condition and ensuring that quality of output is maintained is the function of ___level of management .
a) Operational
b) Middle
c) Top
d) All of these
Ans . a
16 . According to which function of management . 'Thinking before doing' is best suited?
a) Planning
b) Organising
c) Directing
d) Controlling
Ans . a
17 . Which of the following is a characteristic of management ?
a) It is Pervasive
b) Social Objective
c) Organisational Objective
d) None of these
Ans . a,c,d
18 . Management must be:
a) Effective
b) Efficient
c) Both (a) and (b)
d) Either (a) or (b)
Ans . c
19 . Management is a:
a) A Science
b) An Art
c) Both science and art
d) Neither
Ans . c
20 . The objective of management which consistently creates economic value for various constituents of society is :
a) Organisational Objective
b) Social Objective
c) Personal Objective
d) Both Social and Personal Objective
Ans . b
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