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Subjects

Business Studies

Management concept

This Class 12 Business Studies topic introduces management as the process of planning, organising, staffing, directing and controlling organisational resources to achieve goals efficiently and effectively. Students learn why management is needed in every organisation, how it coordinates individual and group efforts, and how it balances objectives such as growth, productivity and social responsibility. The topic builds a foundation for understanding the nature and significance of management in business operations.

Expert · Level 5 · 25 questions

TOPIC PRACTICE

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25 questions

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  1. Management is not a full profession but an emerging profession
  2. Management has no specialised knowledge
  3. Ethics has no place in management
  4. Management is only buying raw material
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  1. Specialised knowledge training and ethical responsibility
  2. Only family ownership
  3. Only large offices
  4. Only cash sales
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  1. Organising
  2. Planning
  3. Selling
  4. Accounting
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  1. Directing
  2. Storage
  3. Banking
  4. Insurance
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  1. To understand causes and set future standards and improvements
  2. To hide better results
  3. To end planning
  4. To confuse employees
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  1. Realistic goal setting
  2. End of controlling
  3. Necessity of organising
  4. Expansion of selling
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  1. Producing the wrong product at low cost
  2. Getting right quality with fewer resources
  3. Saving time and increasing customer satisfaction
  4. Reducing wastage and achieving target
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  1. Balance between speed and rational analysis
  2. Balance between profit and donation
  3. Balance between sales and advertising
  4. Balance between building and machine
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  1. Integration of personal goals organisational goals and social responsibility
  2. Ending only bonus
  3. Stopping only production
  4. Hiding all rules
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  1. Clarify goals resources and sequence through planning
  2. Only increase enthusiasm
  3. Immediately remove volunteers
  4. Abandon the social goal
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  1. Growth
  2. Survival
  3. Social charity
  4. Personal respect
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  1. Short term cost saving reduced long term efficiency
  2. Training is always unnecessary expense
  3. Errors increase social objective
  4. Staffing has no relation with efficiency
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  1. Because local efficiency does not always become overall organisational efficiency
  2. Because saving cost is never right
  3. Because departments need no goals
  4. Because controlling happens only in one department
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  1. Implementing plans checking results understanding causes and improving plans
  2. Closing files once a year
  3. Giving one order and staying silent forever
  4. Removing goals when problems arise
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  1. Wrong because coordination runs through every managerial function
  2. Correct because coordination is the last function
  3. Correct because coordination is only a report
  4. Wrong because coordination has no importance
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  1. Feedback relation between planning and controlling
  2. Tax relation between sales and purchase
  3. Personal relation between salary and leave
  4. Physical relation between building and furniture
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  1. Management exists at all levels
  2. Management exists only at top level
  3. Management exists only in machines
  4. Management has no relation with levels
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  1. He believes busy employees will automatically achieve goals
  2. He clarifies goals resources and deadlines
  3. He compares results with standards
  4. He shares information among departments
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  1. Social objective can strengthen long term organisational interest
  2. Social objective always causes loss
  3. Management fails whenever profit falls
  4. Environmental spending is a personal objective
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  1. Implementation in management is more important than documents alone
  2. Rules automatically give results
  3. Documents are management itself
  4. People are not needed in organisation
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  1. Dynamism and human resource development
  2. Only accounting and taxation
  3. Only storage and insurance
  4. Secrecy and inactivity
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  1. Ethics and social objective
  2. Only production quantity
  3. Only office location
  4. Only machine capacity
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  1. Opportunities may be lost despite having resources
  2. Resources will automatically achieve goals
  3. Need for decisions will end
  4. Social objective will be achieved automatically
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  1. Managerial efforts are evaluated by goal achievement and resource use
  2. Management is measured only by number of meetings
  3. Management is decided only by office hours
  4. Management is related only to employees age
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  1. Lack of flexible and dynamic management
  2. Complete coordination
  3. Excess of controlling
  4. Complete professional ethics

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