Business Studies Ch 1 Class XII

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

called ———

• Coordination

• Management

• Efficiency

• Effectiveness

Doing the right task is ———-

• Effectiveness

• Efficiency

• Management

• Coordination

Management translates the work in terms of goals to be achieved and assigns the means to achieve

it. Which characteristic of management is it?

• Management of work

• Management of operations

• Management of people

• Management is a group activity

An organisation must earn enough revenue to

cover costs. Which economic objective is highlighted here?

• Profit

• Growth

• Survival

• Sales

Chief finance officer works at which level?

• Top

• Middle

• Lower

• First line

This process provides the requisite amount , quality, timing and sequence of efforts which

ensures that planned objectives are achieved.

Name the process.

• Management

• Coordination

• Controlling

• Planning

It acts as the binding force between departments. Identify the feature of coordination.

• Coordination integrates group efforts

• Coordination is a continuous process

• Coordination is all pervasive

• Coordination ensures unity of action