Business Studies

_________ is the essence of management.

• Coordination

• Cooperation

• Planning

• Manager

Dheeraj is working as ‘Operations Manager’ in Tifco Ltd. Name the managerial level at which he is working.

• Top level

• Middle level

• Operating level

• Lower level

Sonali is the manager of a large company manufacturing garments for kids. She plans her winter collection in the month of August itself. Then, she ensures that there is adequate workforce. She

continuously monitors whether production is proceeding according to plans. She asks the marketing department to prepare their promotional and advertising campaigns also. Identify and explain the concept of management explained in the above para.

• Supervision

• Directing

• Coordination

• Organising

_____ arises out of the complexities of modern technology and the diversity of tasks to be performed.

• Management

• Coordination

• Efficiency

• Specialisation

If, by using less resources, more benefits are derived it is called _______

• Effectiveness

• Efficiency

• Management

• Specialisation

Successful organisations do not achieve their goals by chance but by following a deliberate process called ________

• Management

• Coordination

• Directing

• Efficiency

_____ is interlinked with management of work and management of people.

• Management

• Management of operations

• Coordination

• Cooperation

In an organisation, the targets are met according to the plans, the employees are happy and satisfied and altogether, there is orderliness in the organisation. Identify the characteristic of management mentioned here.

• Group activity

• Dynamic function

• Intangible force

• Goal oriented

The basic objective of any business is ________

• Profit

• Growth

• Survival

• Customer satisfaction

_____ is essential for covering costs and risks of the business.

• Growth

• Profit

• Finance

• Management