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1. Which of the following is not a function of management?

a) planning
b) staffing
c) co-operation
d) controlling
2. Management is
a) an art
b) a science
c) both art and science
d) neither
3. Policy formulations is the function of
a) top level management
b) middle level management
c) operational management
d) All of the above
4. Which of the following statement best describe the principle of 'Division of work '
a) work should be divided into small tasks
b) labor should be divided
c) resource should be divided among jobs
d) it leads to specialization
5. Which of the following is Not a principle of management given by Taylor
a) Science, not rule of Thumb
b) Functional foremanship
c) Maximum ,not restricted output
d) Harmony not discord
6. Observe the following management principles and pick the odd one out.
a) unity of command
b) unity of direction
c) maximum output
d) equity
7. Which of the following is not the functional area of management?
a) Production Management
b) Marketing Management
c) Personnel Management
d) Information Management
8. Who is known as 'the Father of Modern Theory of Management' ?
a) Harold Koontz.
b) Henry Fayol
c) F.W. Taylor
d) Max Weber
9. Who is known as the father of scientific management?
a) F.W. Taylor
b) Max Weber
c) Henry Fayol
d) S.George
10. Which of the following was the key aim of scientific management?
a) To increase worker control of production.
b) To increase productivity.
c) To decrease absenteeism.
d) To develop time-and-motion studies.
11. Which of the following is NOT a key concept associated with scientific management?
a) One best way.
b) Formalisation.
c) Time-and-motion studies.
d) Systematic selection
12. Scientific management gave rise to which of the following modern disciplines?
a) Theory Y.
b) Behavioural science.
c) Socio-technical systems.
d) Operations research.
13. Which of the following men’s writings are associated with bureaucracy?
a) Max Weber.
b) Henri Fayol.
c) Frederick Taylor.
d) Douglas McGregor.
14. According to Fayol’s 14 principles of management, ‘esprit de corps’ refers to which
of the following?
a) Being treated fairly and kindly.
b) Spirit of the corporation.
c) Team work and harmony.
d) Spirit of work.
15. Which of the following images best captures how classical management views the
organisation?
a) As an organism.
b) As a human being.
c) As a machine.
d) As a wheel in an engine.
16. Changes which take place gradually without any resistance are
a) Evolutionary
b) Revolutionary
c) Planned
d) Unplanned
17. The management process functions consist of
a) Planning, organising, staffing and directing
b) Planning, organising, leading and directing
c) Planning, organising, leading and staffing
d) Planning, organizing, leading and controlling.
18. The form of business organization that has the largest sales volume is the:
a) partnership.
b) corporation.
c) cooperative.
d) multinational.
19. The simplest form of business ownership is a:
a) proprietorship.
b) partnership.
c) corporation.
d) cooperative.
20. Which of the following is an advantage of a sole proprietorship?
a) ease of starting a business.
b) being your own boss.
c) pride of ownership.
d) all of the above.
21. The main disadvantage of a general partnership is:
a) the unlimited liability of the partners.
b) disagreement amongst partners.
c) shared management.
d) difficulty of termination.
22. A ___________ is a business with two or more owners:
a.corporation.
b. conglomerate.
c. partnership.
d. public corporation.
23. The major advantage of a franchise is:
a. training and management assistance.
b. personal ownership.
c. nationally recognized name.
d. all of the above.
24. Which of the following is a characteristic of a co-operative?
a. profits are not subject to income tax.
b. one vote per share.
c. dividends are paid on a per share basis.
d. all of the above.
25. The most effective form of business organization for raising capital is the:
a.joint venture.
b. partnership.
c. corporation.
d. proprietorship.
26. Co-operatives play an important role in:
a) aerospace.
b) agriculture.
c) manufacturing.
d) all of the above.

27. The structure in which there is separation of ownership and management as per law
is called
a) Company
b) All business organisations
c) Partnership
d) Sole proprietorship
28. The board of directors of a joint stock company is elected by
a) General public
b) Government bodies
c) Shareholders
d) Employees
29. Profits do not have to be shared. This statement refers to
a) Company
b) Sole proprietorship
c) Joint Hindu family business
d) Partnership
30. The capital of a company is divided into number of parts each one of which are
called
a) Share
b) Dividend
c) Profit
d) Interest
31. A partner whose association with the firm is unknown to the general public is called
a) Active partner
b) Sleeping partner
c) Nominal partner
d) Secret partner
32. What is the limit of members in case of a Private Company?
a) 2
b) 7
c) 10
d) 50
33. In case of ___________ Registration is compulsory
a) Sole Proprietorship
b) Partnership
c) None of these
d) Company
34. At least 10 adults, no maximum limit in case of ________
a) Cooperative Society
b) Joint Hindu Family
c) Partnership
d) Company
35. .............. is defined as the functions of getting things done through people.
a) management
b) science
c) art
d) both a&b
36. In what order do managers typically perform the managerial functions?
a) organising, planning, controlling, leading
b) organising, leading, planning, controlling
c) planning, organising, leading, controlling
d) planning, organising, controlling, leading
37. What are the three interpersonal roles of managers?
a) Figurehead, leader and liaison
b) Spokesperson, leader, coordinator
c) Director, coordinator, disseminator
d) Communicator, organiser, spokesperson
38. At what level of an organisation does a corporate manager operate?
a) Functional
b) Operational
c) Middle level
d) Top level
39. Unity of command implies
a) A subordinate should receive orders from all the superiors
b) individuals must sacrifice in the larger interest
c) be accountable to one and only one superior
d) None of these

40. What is the full form of MBO?


a) Management By Opportunity
b) Method By opportunity
c) Management By Objectives
d) Method By Objective
41. Henry Fayol, F.W. Taylor belongs to which of the following school of management?
a) Neoclassical School
b) Modern School
c) Classical School
d) Early Perspective
42. The line of authority from the chief executives to the lowest level of organisation is
called
a) Unity of command
b) Unity of direction
c) Scalar Chain
d) Order
43. Management by Objectives concept was developed by
a) Peter.F.Drucker
b) Fayol
c) Chester Bernard
d) None
44. Management is need at
a) Top level
b) Middle level
c) lower level
d) all levels
45. Top management consists of ......
a) financial managers
b) sales manager
c) personnel manager
d) Board of Directors and chief executives
46. Human Relations Theory was led by ……………….
a) Peter.F.Drucker
b) Fayol
c) Chester Bernard
d) Elton Mayo

47. ________approach integrated all the elements for the proper and smooth functioning of
the organisation.
a) Systems
b) Contingency
c) Human relations
d) Scientific
48. .................. is concerned with the arrangement of an organisation’s resources
a) Planning
b) Organising
c) Directing
d) Controlling
49. .................................... provides direction to enterprise activities.
a) Planning
b) Organising
c) Directing
d) Controlling
50. Co-ordination means..............
a) organising activities
b) Directing activities
c) synchronizing activities
d) both a&b

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