ASSIGNMENT CLASS-XII

CHAPTER-1 NATURE AND SIGNIFICANCE OF MANAGEMENT

Q1. For the following statements, choose the correct option:
Statement I: A manager applies these scientific methods and body of knowledge to a given
situation, an issue or a problem, in his own unique manner.
Statement II: A manager applies this acquired knowledge in a personalised and skillful manner
in the light of the realities of a given situation.
Choose the correct option from the options given below:
(a) Statement I is correct and Statement II is not correct.
(b) Statement II is correct and Statement I is not correct.
(c) Both the Statements I and II are correct.
(d) Both the Statements I and II are not correct.

Q2. For the following statements, choose the correct option:

Statement I: The authority-responsibility relationship binds individuals as superiors and
subordinates and gives rise to different levels in an organisation.
Statement II: Middle management is a team consisting of managers from different functional
levels, heading finance, marketing etc.
Choose the correct option from the options given below:
(a) Statement I is correct and Statement II is not correct.
(b) Statement II is correct and Statement I is not correct.
(c) Both the Statements I and II are correct.
(d) Both the Statements I and Il are not correct.

Q3. Read the following statements- Assertion (A) and Reason (R):
Assertion (A): Coordination ensures unity of action.
Reason (R): Coordination unifies unrelated or diverse interests into purposeful work activity. It
gives a common focus to group effort to ensure that performance is as it was planned and
scheduled.
Select the correct alternative:
(a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of
Assertion (A).
(b) Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of
Assertion (A).
(c) Assertion (A) is true and Reason(R) is false.
(d) Assertion (A) is false and Reason(R) is true.

Q4. Read the following statements- Assertion (A) and Reason (R):
Assertion (A): A successful enterprise has to achieve its goals effectively and efficiently.
Reason (R): It is important for management to achieve goals (effectiveness) with minimum
resources i.e. as efficiently as possible while maintaining a balance between effectiveness and
efficiency.
Select the correct alternative:
(a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of
Assertion (A).
(b) Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of
Assertion (A).
(c) Assertion (A) is true and Reason(R) is false.
(d) Assertion (A) is false and Reason(R) is true.

Q5. Read the following statements- Assertion (A) and Reason (R):
Assertion (A): There is a kind of cost-benefit analysis involved and the relationship between
inputs and outputs.
Reason (R): If by using less resources (i.e., the inputs) more benefits are derived (i.e., the
outputs) then effectiveness has increased.
Select the correct alternative:
(a) Both Assertion (A) and Reason (R) are true.
(b) Both Assertion (A) and Reason (R) are false.
(c) Assertion (A) is true and Reason(R) is false.
(d) Assertion (A) is false and Reason(R) is true.

Q6. Rajiv, the owner of Pathways Constructions decided to start a campaign to

create awareness among people for developing clean surroundings in their area. He
formed a team of 10 members to list the different ways for cleaning the
surroundings. One suggested to take the help of local residents, another suggested
that they may involve school going children in their venture. One more suggestion
was to take the help of unemployed youth. On evaluation of different ways, it was
decided to take the help of local residents. To achieve the desired goal various
activities were identified like:
(a) Purchase of necessary items like dustbins, garbage bags, brooms etc.
(b) Collection of garbage
(c) Disposal of garbage etc.
After identification of different activities, the work was allocated to different
members.
Identify the function of management involved in the above situation and quote the
lines.
Q7. A company donates 1% of its sale to an NGO working for the benefits of
mentally challenged people. This initiative was highly appreciated by the public
and company's sales increased substantially, the goal of the company.
(a) Identify the objective in the above case.
(b) Identify the characteristic of management discussed above.

Q8. Management of Global Ltd. fulfils all its objectives and the organization is
able to work effectively and efficiently. It is using environment friendly methods of
production and disposes off the waste material by either recycling it or using the
same for landfill in such a manner that aquatic life is not disturbed. It also provides
employment opportunities to the disadvantaged sections of the society.
(a) Identify the objective of management which the company is fulfilling by doing
such activities.
(b) State any other 2 objectives which they should fulfil?
Q9. Carbon Ltd., is a company that manufactures mobile phones and accessories.
Its profits are declining nowadays. The production department blames marketing
department for not meeting sales target. The marketing department blames
production department for not manufacturing products of good quality.
The finance department blames both production and marketing departments for
low rate of returns.
Which Quality of Management is lacking? Explain its importance.
Q10. Three groups of employees of Ganga Ltd. are working at different posts. The
first group is responsible for survival and growth of organisation. This group
continuously keeps a watch over the business environment. With a view of coping
with the changes going on in the business environment this group immediately
discusses the change to be brought about in company's plan.
The second group is to explain the policies by superiors to the employees and
developing the feeling of cooperation among all the departments.
The Third group is responsible for maintaining quality and safety standards and
minimising wastage.
Identify the levels of management described in above paragraph by quoting
relevant lines.
Q11. Rahul is planning to launch a new line of products in 2 year’s time. However,
at present he has reduced its prices by 10% to retain its existing customers.
What are the 2 main objectives he is focusing at? Give reason.
Q12. After every three months, Mr. Ramakant offers new schemes to its
distributors. He tries to bring in changes keeping in mind the needs of a customer
and offers from his competitors. This gives him an edge over his competitors.
Identify the characteristic of management in above situation?
Explain it briefly.
Q13. Ford Motors aims to produce and sell 1,50,000 cars in 2014. To achieve this
target the production department strives for timely production and sales department
takes all possible steps to sell them. Due to combined efforts of all the departments,
company can achieve its target.
(a) Which importance of management is highlighted here? Explain any two other
significances of management.
(b) Which other aspect of management helps in achieving goal in Ford Motors.
Q14. A & B are production managers. A achieves the target of 10000 pieces by
making his staff work overtime thereby increasing the cost of production and B is
able to produce 9200 pieces but at a cost of Rs. 100 each i.e. Rs.50 less than the
target. Who is effective? Is B effective, efficient or both.
Q15. Name the function of management which coordinates the physical, financial
and human resources and establishes productive relations among them for
achievement of specific goals.
Q16. Name the level of management at which the managers are responsible for
implementing and controlling the plans and strategies of the organization.
Q17. Bhawna feels that management is required in all kinds of organisation and
Preeti argues that management is not required in non-business organisations like
schools, hospitals and clubs. Who is correct and why?
Q18. Which level managers are responsible for survival and welfare of the
organisation?
Q19. Which level of managers are responsible to maintain the quality of the
product.