MULTIPLE CHOICE QUESTIONS - BUSINESS STUDIES (CLASS 12) CBSE (MCQ2)

         1. “Changes or events cannot be eliminated but they can be anticipated and managerial 

                responses to them can be developed.” is suggested by the following importance of planning:

(a) Planning facilitates decision making

(b) Planning promotes innovative ideas
(c) Planning provides direction
(d) Planning reduces the risks of uncertainty.

 

2.  The Statement “Planning is a primary function”, suggests that......
(a) Planning precedes other functions
(b) Planning requires logical and systematic thinking
(c) Plan is framed, it is implemented, and is followed by another plan, and so on (d) Planning is required at all levels of management as well as in all departments of the organisation. 

 

3. Planning is closely connected with _____________ and ________________ 

(a) Responsibility and accountability
(b) Delegation and decentralization
(c) Stability and security 

(d) Creativity and innovation

 

4.  As part of regulations to be followed by advertisers, the advertisement for a new brand of baby food for infants provides important information for potential buyers that it is “Not recommended for infants under the age of four months”. Which dimension of the business environment is highlighted in the above statement? 

(a) Social Environment
(b) Legal Environment
(c) Political Environment

(d) Economic Environment 

 

5.  The principle of management given by Fayol which aims at preventing   overlapping of activities is: 

(a) Division of work 

(b) Unity of Command 

(c) Unity of Direction

            (d) Order 

 

6. ___________________ensures that the subordinate performs tasks on behalf of the manager thereby reducing his workload and providing him with more time to concentrate on important matters.

(a) Decentralization 

(b) Delegation of authority

(c) Authority
            (d) Accountability 

7. ________ is a process of classification of products into different groups on the basis of some important characteristics such as quality, size, etc.
(a) Standardization
(b) Grading

(c) Product Development 

(d) Selling 

8. The sum total of all individuals, institutions and other forces that are outside the control of a business enterprise but that may affect its performance is known as________________

(a) Business environment

(b) Social environment
(c) Political environment 

(d) Economic environment. 

 

9. Name the concept that refers to the number of subordinates that can be effectively managed by a superior and determines the number of levels of management in the organisation.
(a) Organisation structure 

(b) Span of management

 (c) Hierarchy of authority 

(d) Delegation of Authority 

 

10.Taylor believed that there was only one best method to maximise efficiency. This method can be developed through study and analysis. Identify the principle of Scientific management being discussed above:
a) Harmony not discord 

b) Science not rule of thumb
c) Development of each and every person to his or her greatest efficiency and prosperity
d) Cooperation not individualism