Business Studies Quiz - Nature and Significance of Management

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

• Co-ordination

• Planning

• Controlling

• Management

Management is essential for the organisations which are

• Non-profit organisations

• Service organisations

• All of the above

• Social organisations

Efficiency is concerned with

• Doing the right thing

• Doing things right

• Achieving end results

• None of the above

Management is said to be poor if it is

• All of the above

• Effective but inefficient

• Efficient but ineffective

• Both inefficient and ineffective

Which of the following is not a designation related to top level management?

• President

• Vice-President

• Production Manager

• Chairman

The main task of this level of management is to determine the overall organisational objectives and strategies for their realisation.

• Operational management

• Middle level management

• First line managers

• Top level management

Which of the following statements does not pertain to middle level management?

• They are responsible for all the activities of the operational managers.

• Co-operate with other departments for the smooth running of the organisation.

• They are responsible for the welfare and survival of the organisation.

• They interpret the policies made by top level managers

This function of management related to grouping of activities to be carried out into departments and creating management hierarchy is

• Organising

• Controlling

• Planning

• Directing

Co-ordination is considered to be the essence of management because

• It is a common thread that runs through all the activities within the organisation

• It is implicit and inherent in all functions of the organisation

• It is a force that binds all the functions of management

• All of the above

Identify the feature of co-ordination being highlighted in the given statement: 'Coordination is not a one time function, it begins at the planning stage and continues till controlling.'

• Coordination ensures unity of action

• Coordination is a deliberate function

• Coordination is an all pervasive function

• Coordination is a continuous process