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Ch- 1 Nature and Significance of Management

Total questions: 60

Worksheet time: 34mins

Name
Class
Date
1.

Management is required in-

a)

Business Organisations

b)

Non Business Organisations

c)

Both (1) and (2)

d)

None of the Above

2.

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

a)

Co-ordination

b)

Management

c)

Production

d)

Procurement

3.

Managers at __________ level spend more time in planning and organising than managers at ___________ levels of business.

a)

Top ; Middle

b)

Top ; Lower

c)

Middle ; Lower

d)

Operational ; Middle

4.

Management is the process of getting things done with the aim of achieving goals effectively and efficiently. Process, here in this definition, means-

a)

primary functions

b)

activities

c)

both 1 and 2

d)

neither 1 and 2

5.

Being effective or doing work effectively basically means-

a)

reducing costs

b)

using more inputs

c)

cost benefit analysis

d)

finishing the given task

6.

In management, _____________ is concerned with end results.

a)

Co-ordination

b)

Efficiency

c)

Effectiveness

d)

All of the Above

7.

What is the right sequence of Management functions?

a)

Planning; Organising; Staffing; Controlling; Directing

b)

Planning; Organising; Controlling; Staffing; Directing

c)

Planning; Organising; Staffing ; Directing; Controlling

d)

Planning; Directing; Organising; Staffing; Controlling;

8.

__________ efficiency is associated with _________ effectiveness which is the aim of all managers.

a)

Delayed

b)

Average

c)

Poor

d)

High

9.

Poor management is due to both _____________ and ____________.

a)

Inefficiency and Ineffectiveness

b)

Goals and resources

c)

Aims and Objectives

d)

Efficiency and Effectiveness

10.

Input resources include -

a)

Money and materials

b)

Equipment

c)

Persons required to do a task

d)

All of Above

11.

Identify the concept which means doing the task correctly and with minimum cost.

a)

Effectiveness

b)

Efficiency

c)

Management

d)

Co-ordination

12.

______________ is also increased when for the same benefit or outputs, fewer resources are used and less costs are incurred.

a)

Efficiency

b)

Cost

c)

Effectiveness

d)

Labour cost

13.

At times, business may concentrate more on producing goods with fewer resources i.e. cutting down cost but not achieving the target production. Consequently, goods do not reach the market and hence the demand for them declines and competitors enter the market. This is a case of being -

a)

Effective but not efficient

b)

Efficient as well as Effective

c)

Efficient but not effective

d)

Only Effective

14.

Efficiency focus on Cost whereas Effectiveness focus on -

a)

Time

b)

Profit

c)

Objective

d)

Target

15.

'Different Organisations have different goals.' Which feature of Management is highlighted here?

a)

Management is an Intangible force

b)

Management is multi-dimensional

c)

Management is a goal-oriented process

d)

Management is a dynamic function

16.

'The process of management is a series of composite but separate functions.' Identify the Characteristic of Management highlighted here.

a)

Managment is all pervasive

b)

Management is a continuous function

c)

Management is a complex activity

d)

Management is a group activity

17.

'An organisation is a collection of diverse individuals with different needs.' Highlight the characteristic of Management discussed here.

a)

Management is a group activity

b)

Management is a dynamic function

c)

Management is goal oriented

d)

Management of people

18.

'McDonald, the fast food giant made major changes in its menu to survive in the Indian market.' This example highlights _________ feature of management.

a)

Management is an intangible force

b)

Management is a dynamic function

c)

Management is all pervasive

d)

Management increases efficiency

19.

The main objective of any organisation should be to utilise human and material resources to the maximum possible advantage. Identify the Objective of Management.

a)

Organisational

b)

Personal

c)

Social

d)

Operational

20.

____________ is essential for covering costs and risks of the business. Identify one of the type of objectives of management.

a)

Survival

b)

Profit

c)

Growth

d)

Achievement

21.

Identify one of the type of Objectives of Management which can be measured in terms of sales volume increase, increase in the number of employees or increase in the capital investment.

a)

Satisfaction

b)

Profit

c)

Growth

d)

Survival

22.

Providing employment opportunities to disadvantaged sections of society is an example of _______________ objective of management.

a)

Economic

b)

Social

c)

Personal

d)

Profit

23.

'Through motivation and leadership, the management helps individuals to develop team spirit, cooperation and commitment to group success.' Identify the importance of management highlighted here.

a)

Management creates dynamic function

b)

Mnagament helps in achieving personal objectives

c)

Management helps in development of society

d)

Management increases efficiency

24.

__________ can be acquired through study, observation and experience. Identify the nature of management.

a)

Art

b)

Science

c)

Profession

d)

All of Above

25.

'A manager applies the scientific methods and body of knowledge to a given situation, an issue or a problem, in his own manner.' Identify the Nature of Management.

a)

Art

b)

Science

c)

Profession

d)

Goal Oriented

26.

'Management has its own vocabulary of terms and concepts.' Identify the Nature of Management.

a)

Art

b)

Science

c)

Profession

d)

Discipline

27.

Management is _____________ science.

a)

Pure

b)

Inexact

c)

Basic

d)

Physics

28.

Management principles are ______________ the principles of science.

a)

as behavioral as

b)

as same as

c)

as rigid as

d)

not as exact as

29.

Management as an art and a science are not mutually exclusive, but _______________ each other.

a)

Supplement

b)

Compliment

c)

Substitute

d)

Different

30.

The authority-responsibility relationship binds individuals as superiors and subordinates and gives rise to different levels in an organisation is called-

a)

Delegation

b)

Decentralisation

c)

Levels of Management

d)

Accountabilty

31.

Ramesh is working as Vice President (Sales) in an organisation. Identify the Level of management, Ramesh is working at.

a)

Top

b)

Middle

c)

Lower

d)

Foremen

32.

Radha is responsible for analysis of business environment and its implications for the survival of the firm. Identify the level of management, she is working at.

a)

Middle

b)

Lower

c)

Top

d)

Supervisory

33.

Which level of management is responsible for implementing and controlling plans and strategies?

a)

Top

b)

Middle

c)

Supervisory

d)

Operational

34.

The quality of workmanship and the quantity of output depends on the _____________ of the workers.

a)

hard work

b)

discipline

c)

loyalty

d)

All of Above

35.

Supervisory Management comprises of-

a)

Foremen

b)

Production Manager

c)

President

d)

CEO

36.

Who are called as First Line Managers?

a)

Top Level Managers

b)

Middle Level Managers

c)

Supervisory Management

d)

Operations Manager

37.

The process by which the managers synchronises the activities of different departments is called-

a)

Management

b)

Co-ordination

c)

Co-operation

d)

None of these

38.

'It is the essence of management, for achieving harmony among individual efforts towards the accomplishment of group goals.' Identify the concept.

a)

Co-operation

b)

Interrelated activities

c)

Co-ordination

d)

Management

39.

Identify the process which provides the requisite amount, quality, timing and sequence of efforts which ensures that planned objectives are achieved with a minimum of conflict.

a)

Co-ordination

b)

Management

c)

Planning

d)

Organising

40.

The process of co-ordinating the activities of an organisation begins at the-

a)

organising stage

b)

staffing stage

c)

planning stage

d)

controlling stage

41.

Identify the force that binds all other functions of management.

a)

Intangible force

b)

Co-ordination

c)

Harmony

d)

Co-operation

42.

Identify the process that a manager ensures the orderly arrangement of individual and group efforts to ensure unity of action in the realisation of common objectives.

a)

Planning

b)

Controlling

c)

Staffing

d)

Co-ordination

43.

In the absence of co-ordination, what results is-

a)

happiness

b)

co-operation

c)

chaos

d)

achievement of goals

44.

Providing healthy working conditions and ensuring quality work is the function of-

a)

Top Level Management

b)

Middle Level Management

c)

Lower Level Management

d)

All of these

45.

Why is management also considered as profession?

a)

Profession are bound by code of conduct

b)

Entry to profession is restricted

c)

Well defined body of knowledge

d)

Membership of professional association is compulsory

46.

Management is-

a)

Individual activity

b)

Tangible force

c)

Multi dimensional

d)

Not required in small business organisations

47.

Effectiveness is synonymous with-

a)

Cost Minimisation

b)

Resource control

c)

Goal attainment

d)

Efficiency

48.

To what function of managment is co-ordination associated with?

a)

Planning and Organising

b)

Staffing and Directing

c)

Controoling

d)

All of these

49.

Providing facilities of schools, creches, hospitals is the ____________ objective of management.

a)

Personal

b)

Social

c)

Economic

d)

All of these

50.

Which degree is essential to become a manager?

a)

B.Com.

b)

M.B.A.

c)

M.Com.

d)

None of these

51.

'In an organisation, there may be separate departments of finance, production, marketing or human resources. All these departments may have their own objectives, policies and their own style of working.'

Identify the importance of Co-ordination discussed here.

a)

Growth in Size

b)

Functional differentiation

c)

Specilaisation

d)

Group activity

52.

'Some co-ordination is required by an independent person to reconcile the differences in approach, interest or opinion of the specialists.' Identify the importance of Co-ordination in this statement.

a)

Specialisation

b)

Functional Differentiation

c)

Growth in size

d)

Deliberate function

53.

Co-ordination is needed at ____________ levels of management.

a)

All

b)

Top

c)

Middle

d)

Lower

54.

"Co-ordination is the process whereby an executive develops an orderly pattern of group efforts among his subordinates and secures unity of action in the pursuit of common purpose."

Who gave this definition ?

a)

E.F.L.Brech

b)

McFarland

c)

Theo Haimann

d)

Henry Fayol

55.

"Management is the process of working with and through others to effectively achieve organisational objectives by efficiently using limited resources in the changing environment."

Who gave this definition?

a)

Kreitner

b)

Harold Koontz

c)

Heinz Weihrich

d)

M.Gene Newport

56.

Mita has a successful ice cream business at Bikaner, namely ‘Smartflavours’. Her ice creams are utterly delicious. She makes ice creams from fresh milk and the same are available in a wide range of flavours and packs. She sets viable business objectives and works with the same in mind in order to ensure that the customers will come back for purchasing.

Having the first mover advantage, her business was doing well. To earn higher profits, she started cutting down costs. This would sometimes lead to delay in delivery and the ice cream was not reaching the market in time. Over a period of time, the demand for her ice cream declined and because of it the competitors entered the market. She lost some of her market share to competitors. At the beginning of summer season, she got back to back orders for supply of 4,000 ice cream packs of different flavours for special occasions. To ensure that the task was completed and orders delivered in time she hired additional workers. She was, thus able to produce and deliver the ice cream packs but at a high production cost. While completing activities and finishing the given task for achieving goals, Mita realised that she was ignoring one of the important aspects of management.

Identify the aspects of management that has been ignored by Mita.

a)

Efficiency and Effectiveness

b)

Efficiency and Co-ordination

c)

Co-ordination and Effectiveness

d)

Management and Co-ordination

57.

Management is a complex activity that has three main dimensions. Name them.

a)

Management of work

b)

Management of people

c)

Management of operations

d)

All of Above

58.

Das is the Managing Director of ‘Gamut Ltd.’, manufacturing different varieties of cheese. He has an efficient team working under him consisting of Rajat- the Production manager, Vinay – the Marketing manager and Adit – the Finance manager. They understand and interpret the policies made by Das, ensure that their departments have adequate manpower, assign them the necessary duties and motivate them to achieve the desired objectives.

Identify the level at which the team is working.

a)

Top

b)

Middle

c)

Lower

d)

Operational

59.

Which of the following function is not performed by Supervisory level of management?

a)

Links the workers and the management

b)

To oversee the efforts of the workforce

c)

To ensure that their department has the necessary personnel

d)

Helps in maintaining group unity

60.

Isha 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 the concept of management explained in the above para.

a)

Co-ordination

b)

Functions

c)

Efficiency

d)

Effectiveness