MCQ Questions for Class 12 Business Studies Chapter 1 Nature and Significance of Management

MCQ Questions for Class 12 Business Studies Chapter 1 Nature and Significance of Management

Here we are providing MCQ Questions for CBSE Class 12 Business Studies Chapter 1 Nature and Significance of Management.

1. _________is a prose of getting things done with the aim of achieving goals
   efficiently.
   (A) Effective
   (B) Process
   (C) Efficiency
   (D) Management
2. _ refers to the series of steps or basic functions necessary to get the
   things done.
   (A)Process
   (B)Progress
   (C) Steps
   (D) None of these
3. Efficiency___________.
   (A) Completion of task correctly with minimum cost with no wastage of resources.
   (B) Completion of task on time
   (C) Completion of task in one week
   (D) All of these
4. Effectiveness and efficiency are the _.
   (A) Only one sides of a coin.
   (B) Two sides of a same coin
   (C) No slides of a coin
   (D) All of these.
5. Which one of the following is the type of multi-dimensional management?
   (A) Management of work.
   (B) Management of people.
   (C) Management of operations.
   (D) All of these
6. Personal objectives is also known as __.
   (A) Human objective
   (B) Individual objective
   (C) Social objective
   (D) Both A and B.
7. Organization objective is also known as _.
   (A) Personal objective.
   (B) Human objective.
   (C) Economic objective.
   (D) Economical Organization.
8. Expand AIMA.
   (A) All Indirect Management Association.
   (B) All India Management Association.
   (C) All India Manufacturing Association.
   (D) All Investment of manufacturing Association.
9. Chief operating officer are __ level of management.
   (A)Top
   (B)Middle
   (C) Supervisor
   (D) Operational
10. Which one of the following is not a objectives of management?
    (A) Economic objective
    (B) Social objective
    (C) Personal objective
    (D) Profit organisation

11. Which one of the following is a important organizational objective of a
    manager are _?
    (A)Survival
    (B) Profit
    (C) Growth
    (D) All of these
12. Peer recognition means _ .
    (A) Respect for colleague
    (B) Self – Respect
    (C) Both A & B
    (D) Promotion
13. Successful organization do not achieve goals by chance but following a
    deliberate process known as _ .
    (A) Planning
    (B) Coordination
    (C) Controlling
    (D) Management
14. Which one of the following is a characteristic of management?
    (A) Management Pervasive
    (B) Management Goal Oriented Process
    (C) Management is Multi-dimension
    (D) All of these
15. Management is essential for the organisation which are?
    (A) Non-profit Organisation
    (B) Social
    (C) Service Organisation
    (D) All of these
16. Management Contains a series of interrelated function that include.
    (A) Planning
    (B) Organising
    (C) Directing
    (D) All of these
17. Which one of the following is not a major social objective of organisation?
    (A) Supply of quality products at reasonable prices.
    (B) Financial support to community.
    (C) Profit earning
    (D) Generation of economic wealth.
18. Which one of the following is a personal objective?
    (A) Competitive salary
    (B) Survival of the company
    (C) Both A & D
    (D) Good & healthy working condition
19. Who is known as the father of modern management theory?
    (A) F. W. Taylor
    (B) Peter Drucker
    (C) James Ludney
    (D) Henry Fayol
20. Which one of the following is not the importance of Management?
    (A) Management helps in achieving personal objectives.
    (B) Management help in achieving group goals.
    (C) Systematic body of knowledge
    (D) Management creates a dynamics environment.

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Importance of MCQ Questions for CBSE Class 12 Business Studies

Multiple Choice Questions (MCQs) hold significant importance in CBSE Class 12 Business Studies for several reasons:

1. Concept Reinforcement: MCQs are designed to cover various topics and concepts in the subject. By attempting these questions, students can reinforce their understanding of different business principles and theories.
2. Quick Assessment: MCQs allow for a quick assessment of a student’s knowledge. In a limited amount of time, a teacher can evaluate a student’s grasp of multiple concepts, which is particularly helpful during revision and mock exams.
3. Preparation for Competitive Exams: Many competitive exams and entrance tests, such as management aptitude tests, use MCQ formats. Familiarity with MCQs from Class 12 level can be beneficial for students aspiring to pursue higher studies in business and related fields.
4. Time Management Skills: Solving MCQs improves a student’s ability to manage time effectively during exams. Since each question has a fixed time allocation, students learn to answer quickly while maintaining accuracy.
5. Analytical Thinking: Some MCQs may require critical thinking and analytical skills to arrive at the correct answer. This encourages students to think logically and apply their knowledge in different scenarios.
6. Identifying Weak Areas: When a student attempts MCQs and reviews their performance, they can identify their weak areas and focus on improving their understanding of those topics.
7. Adaptive Learning: In some cases, adaptive learning systems use MCQs to tailor the difficulty level of subsequent questions based on a student’s responses. This personalized learning approach can help students progress at their own pace.
8. Retention of Knowledge: The process of answering MCQs can enhance long-term retention of information. Repeatedly engaging with the material helps solidify the concepts in a student’s memory.
9. Easy to Grade: From an educator’s perspective, grading MCQs is less time-consuming compared to subjective questions. This allows teachers to provide timely feedback to students.