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Chapter 1 Nature and Significance of Management

1) Which is not a separate function of management out of the followings?
A. Operating
B. Planning
C. Staffing
D. Controlling
2) According to the nature of management, management can be considered as
A. An Art
B. Both Art and Science
C. A science
D. Neither a science or an art
3) Which is not an organisational or economic objective of Management out of
followings
A. Growth of the organisation
B. Survival of the organisation
C. Providing employment
D. Earning profit
4) Policy formulation is the function of
A. Top level manager
B. Operational manager
C. Middle level manager
D. All of the above
5) Coordination can be considered as
A. None of the above
B. A function of management
C. An Essence of management
D. An objective of Management
6) A good manager synchronises all the activities of different departments through
process
A. Planning
B. Coordination
C. Staffing
D. Supervision
7) Under which function of management policies and strategies are formulated
A. Controlling
B. Organising
C. Planning
D. Directing

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 8) Efficiency is concerned with
A. Corporation
B. Completion of task
C. Utilisation of minimum resources
D. Right man at right job
9) Middle level management consists of
A. President
B. Chairman
C. Finance manager
D. Supervisors
10) Who is responsible for the Welfare and survival of an organisation?
A. Top level management
B. Middle level management
C. None of these
D. Operational management
11) Which of the following is not included in top level management?
A. Chief executive
B. Managing Director
C. Accountant
D. Board of directors
12) Planning is concerned with specially
A. Management in action
B. Formulation of policies and strategies
C. None of these
D. Manpower planning
13) _____________________aim to help each other
A. Coordination
B. Staffing
C. Planning
D. Cooperation
14) Marketing and personal manager are part of ______________________
A. Operational level management
B. Middle level management
C. None of these
D. Top level management
15) The work of purse performed by top level management is ______________________
A. Easy
B. Oversee the efforts of workforce
C. Concerned with control of operative employees
D. Complex and stressful

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 16) Krishna Limited target production was 5,000 units in a year production manager was
able to achieve this target but at a higher production cost in this case manager is
__________________________but not ________________________
A. Efficient but not honest
B. Efficient but not effective
C. None of these
D. Effective but not efficient
17) Raghavan Limited target production was 2,000 units in a year production manager
was able to cut down the cost but could not achieve the target in this case manager
is ______________________________ but not ____________________
A. Efficient but not effective
B. Efficient but not honest
C. None of these
D. Effective but not efficient
18) Management is _________________________
A. Process goal oriented
B. Negative
C. Very easy
D. Very cheap
19) Management is a ___________________________activity
A. Supervisor level
B. Individual
C. Group
D. Accounting
20) Management is not ___________________________________
A. Intangible force
B. Goal oriented
C. Tangible Force
D. Group activity
21) Management is _______________________________________
A. Tangible force
B. Multidimensional
C. Individual activity
D. Not required in small business firm
22) Management is directly concerned with ______________________
A. Management of responsibilities
B. Management of people
C. Management of money only
D. Management of production and sales
23) Which is not an objective of Management out of the followings
A. Social objective
B. Organisational objective
C. Personal objective
D. Political objective

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 24) Organisational objective is not concerned with
A. Survival
B. Profit
C. Growth
D. Supply of quality goods
25) Providing facilities of schools creches and hospitals is __________________objective
of Management
A. Social objective
B. Personal objective
C. None of these
D. Organisational objectives
26) Chief Marketing Officer and Managing Director is the part of __________________
A. Top management
B. Middle management
C. None of these
D. Operational management
27) Management is both science and Art Science can be defined as _______________
A. None of these
B. Restricted entry
C. How to apply knowledge
D. Systematic body of knowledge
28) Why is management also considered as a profession
A. Professions are bound by code of conduct
B. Membership of professional Association is compulsory
C. Well defined body of knowledge
D. Entry to profession is restricted
29) Management is _____________________________
A. One time activity
B. Tangible force
C. Individual activity
D. Dynamic function
30) Effectiveness is concerned with________________________________
A. None of these
B. Getting things done with the aim of achieving goals effectively and efficiency
C. Doing task correctly with minimum cost
D. Doing the right task completing activity and achieving goals

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