WorksheetsLong questions of business studies
Total questions: 26
Worksheet time: 13mins
Items that can be seen and touched are known as...
Goods
Services
Someone who starts, operates and assumes the risk of a business is known as an...
Investor
Interest person
Entrepreneur
Business inventor
Qantas would be classified as which size of business?
Small
medium
large
extra large
Periods of growth in the economic cycle are known as...
Recession
troughs
busts
booms
Process of assigning duties, grouping tasks,establishing authority and allocating resources is called
Pervasive
Dynamic
Planning
Organising
The force that binds all other functions of management is called
Controlling
Cooperation
Coordination
Planning
Management is a ....................... process.
Very easy
Goal oriented
Wasteful
None of the above
Profit is essential for covering the cost and risk of the business. Which management objective is discussed here.
Social
Personal
Individual
Organisational
Who are First line managers?
Top level
Middle level
Supervisory level
Chairman
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.
Management of People
Management of work
Management of operations
Management is pervasive
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.
Management is an intangible force
Management is Pervasive
Management is a continuous process
Management is Multi- dimensional
Coordination is the essence of management because
coordination is a part of planning function of management
coordination is a part of staffing function of management
coordination is a part of controlling function of management
coordination is a part of all functions of management
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
Effective only
Efficient only
Both effective & efficient
Neither effective nor efficient
Name that intangible force which creates productive relationships among resources of an organisation.
Dynamic
Management
Science
Coordination
which is the following statement best explains that "Management is an art"
Two managers deal with the same problem differently.
Management has drawn its knowledge from other disciplines also.
No formal qualification is required for the appointment as a manager in a company
Outcomes of managerial actions cannot be predicted accurately.
Successful organisations do not achieve their goals by chance but by following a deliberate process called
Management
Art
Science
Profession
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.
Management
Organizing
Coordination
controlling
Staffing function begins with ____________
Promotion
Estimating manpower requirements
Selection
Training
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
Simplification
Fair remuneration
Differential piece wage rate
Functional foremanship
Which scientific management technique helps in establishing the interchangeability of the manufactured parts
Motion study
Fatigue study
Method study
Standardization
Which function of Management is related to grouping of activities to be carried on, in separate departments and creating a scalar chain
Organising
Controlling
Planning
Staffing
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
Uncertainty
Business environment is dynamic economic
Social
Technological
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
Dynamic
Relative
Interconnected
Dynamic and interconnected
What is mental Revolution
Change in attitude of managers
Change in attitude of workers and management
Giving more training as part of scientific management
Not going on strikes
Why giving training is easier in functional structure?
Because there is no duplication of activities
Limited skills
Attention on specific functions
Rigidity
What is the benefit of simplification technique
reducing the inventory requirement
Fuller utilisation of resources
Increasing the turnover
All of the above
