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Long questions of business studies

Total questions: 26

Worksheet time: 13mins

Name
Class
Date
1.

Items that can be seen and touched are known as...

a)

Goods

b)

Services

2.

Someone who starts, operates and assumes the risk of a business is known as an...

a)

Investor

b)

Interest person

c)

Entrepreneur

d)

Business inventor

3.

Qantas would be classified as which size of business?

a)

Small

b)

medium

c)

large

d)

extra large

4.

Periods of growth in the economic cycle are known as...

a)

Recession

b)

troughs

c)

busts

d)

booms

5.

Process of assigning duties, grouping tasks,establishing authority and allocating resources is called

a)

Pervasive

b)

Dynamic

c)

Planning

d)

Organising

6.

The force that binds all other functions of management is called

a)

Controlling

b)

Cooperation

c)

Coordination

d)

Planning

7.

Management is a ....................... process.

a)

Very easy

b)

Goal oriented

c)

Wasteful

d)

None of the above

8.

Profit is essential for covering the cost and risk of the business. Which management objective is discussed here.

a)

Social

b)

Personal

c)

Individual

d)

Organisational

9.

Who are First line managers?

a)

Top level

b)

Middle level

c)

Supervisory level

d)

Chairman

10.

The task of management is to make people work towards achieving the organisation's goals, by making their strengths effective and their weakness irrelevant". Name the dimension of management highlighted here.

a)

Management of People

b)

Management of work

c)

Management of operations

d)

Management is pervasive

11.

In an organisation employees are happy and satisfied., there is no chaos and the effect of management is noticeable. Which feature of management is highlighted by this statement.

a)

Management is an intangible force

b)

Management is Pervasive

c)

Management is a continuous process

d)

Management is Multi- dimensional

12.

Coordination is the essence of management because

a)

coordination is a part of planning function of management

b)

coordination is a part of staffing function of management

c)

coordination is a part of controlling function of management

d)

coordination is a part of all functions of management

13.

A production manager was able to produce the desired output with minimum cost but not within the required time.

In this case the manager was

a)

Effective only

b)

Efficient only

c)

Both effective & efficient

d)

Neither effective nor efficient

14.

Name that intangible force which creates productive relationships among resources of an organisation.

a)

Dynamic

b)

Management

c)

Science

d)

Coordination

15.

which is the following statement best explains that "Management is an art"

a)

Two managers deal with the same problem differently.

b)

Management has drawn its knowledge from other disciplines also.

c)

No formal qualification is required for the appointment as a manager in a company

d)

Outcomes of managerial actions cannot be predicted accurately.

16.

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

a)

Management

b)

Art

c)

Science

d)

Profession

17.

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

a)

Management

b)

Organizing

c)

Coordination

d)

controlling

18.

Staffing function begins with ____________

a)

Promotion

b)

Estimating manpower requirements

c)

Selection

d)

Training

19.

A who is an efficient work is given rupees 40 per unit B who is an inefficient worker is given rupees 20 per unit this difference is maintained to motivate the inefficient worker to work efficiently which scientific technique is it

a)

Simplification

b)

Fair remuneration

c)

Differential piece wage rate

d)

Functional foremanship

20.

Which scientific management technique helps in establishing the interchangeability of the manufactured parts

a)

Motion study

b)

Fatigue study

c)

Method study

d)

Standardization

21.

Which function of Management is related to grouping of activities to be carried on, in separate departments and creating a scalar chain

a)

Organising

b)

Controlling

c)

Planning

d)

Staffing

22.

According to a marketing survey, it was found that children have more say in the purchasing pattern of a family. Which dimension of business environment does it indicate

a)

Uncertainty

b)

Business environment is dynamic economic

c)

Social

d)

Technological

23.

Fuel demand may take 6 to 9 months to reach a normal level amid Covid19 pandemic.What does is show about the feature of Business environment

a)

Dynamic

b)

Relative

c)

Interconnected

d)

Dynamic and interconnected

24.

What is mental Revolution

a)

Change in attitude of managers

b)

Change in attitude of workers and management

c)

Giving more training as part of scientific management

d)

Not going on strikes

25.

Why giving training is easier in functional structure?

a)

Because there is no duplication of activities

b)

Limited skills

c)

Attention on specific functions

d)

Rigidity

26.

What is the benefit of simplification technique

a)

reducing the inventory requirement

b)

Fuller utilisation of resources

c)

Increasing the turnover

d)

All of the above