Nature and significance of Management (CBSE 2021-22)

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

• Efficient

• Effective

• Efficient and Effective

• Inefficient

What type of force management is?

• Tangible

• Intangible

• Seperate

• Collective

Management is important because:

• It helps in achieving group goals

• It helps in development of society

• It increases efficiency

• All of the above

By evaluating results what does management try to find out and then takes corrective action

• Profit

• Loss

• Deviation

• None of above

In the context of business what does research refer to?

• Finding out new products

• Finding out new markets

• Finding out new methods of distribution

• All the above

Management ensures:

• Providing employment opportunities

• Ensuring optimum utilization of resources

• Control on cost

• All of above

Which of the following have no representative professional organisations available?

• law

• Management

• Accountancy

• Medical

Which is not a function of management of the following

• Planning

• Staffing

• Cooperating

• Controlling

policy formulation is the function of

• Top level manager

• Middle level manager

• Operational Manager

• None of above

coordination is

• Function of management

• Essence of management

• Objective of management

• None of above