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Subjects

Business Studies

Significance of management principles

In this Class 12 Business Studies topic from the chapter Principles of Management, students learn why management principles are essential for guiding managerial decisions and actions. The topic explains how these principles help improve efficiency, make better use of resources, support informed decision-making, help organisations respond to changing business conditions, and promote responsible management. It also shows their value in management education, training, and research.

Easy · Level 1 · 25 questions

TOPIC PRACTICE

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Up to 25 questions from this page. Select your focus, then start.

25 questions

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  1. Arrangement of work
  2. Direction of the sun
  3. Colour of road
  4. Weather temperature
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  1. Trial-and-error approach
  2. Scientific decision-making
  3. Effective coordination of work
  4. Efficient use of resources
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  1. Trial-and-error method
  2. Proper division of work
  3. Consistency in decisions
  4. Improvement in efficiency
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  1. Disorganised thinking
  2. Aimless thinking
  3. Logical and practical thinking
  4. Superstitious thinking
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  1. Giving useful insight into reality to managers
  2. Always punishing employees
  3. Deciding machine colour
  4. Fixing tax rate
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  1. By hiding resources
  2. By enabling optimum use of resources
  3. By destroying resources
  4. By ignoring resources
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  1. They base decisions on experience and logic
  2. They leave decisions only to luck
  3. They stop decisions
  4. They only increase rumours
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  1. They always stop change
  2. They remove employees
  3. They keep only old policy
  4. They help managers decide according to new situations
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  1. They guide consideration of social expectations
  2. They make society ignored
  3. They only hide profit
  4. They stop customer service
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  1. They make training impossible
  2. They provide a basis for managers to learn
  3. They only entertain
  4. They delete employee lists
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  1. They make activities more systematic
  2. They increase disorder
  3. They remove all rules
  4. They remove objectives
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  1. They enable better planning of resources
  2. They throw away resources
  3. They only increase expenses
  4. They stop production
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  1. They guide managers in making scientific decisions and using resources optimally.
  2. They compel managers to apply only one fixed method in every situation without change.
  3. They require managers to ignore organisational objectives and rely only on personal experience.
  4. They encourage repetition of activities without considering the use of resources.
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  1. Help in correctly identifying problems
  2. Help in hiding problems
  3. Decision without thinking
  4. Ignoring customers
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  1. Decisions become more logical and effective
  2. Decisions are based only on guesses
  3. Decisions are always postponed
  4. Decisions remove objectives
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  1. Meeting requirements of changing environment
  2. Hiding resources
  3. Increasing punishment
  4. Stopping decisions
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  1. They provide a base for study and research
  2. They stop education
  3. They make research useless
  4. They only tell punishments
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  1. Producing quality output with less material
  2. Throwing more material away
  3. Keeping machines idle
  4. Wasting labour time
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  1. Effective administration
  2. More confusion
  3. Removal of objectives
  4. Work stoppage
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  1. They provide experience based guidance
  2. They increase rumours
  3. They block information
  4. They leave decisions to luck
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  1. Giving safe and fair products to customers
  2. Giving wrong information to customers
  3. Unnecessarily harming employees
  4. Ignoring social needs
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  1. By giving clear direction to work
  2. By hiding work
  3. By wasting time
  4. By removing objectives
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  1. Optimum utilisation of resources
  2. Social responsibility
  3. Employee entertainment
  4. Legal punishment
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  1. Manager changes work method according to new technology
  2. Manager always keeps old policy
  3. Manager ignores customer changes
  4. Manager hides market information
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  1. Effective administration
  2. Customer punishment
  3. Tax evasion
  4. Production closure

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