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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.

Hard · 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. Because principles must be applied in social context
  2. Because principles are never useful
  3. Because management has no analysis
  4. Because results are always automatically good
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  1. Unsystematic guessing
  2. Blind copying
  3. Rationality and stable thinking base
  4. Aimlessness
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  1. Optimum utilisation of resources
  2. Useful insight into reality
  3. Social responsibility
  4. Management training
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  1. Social responsibility
  2. Training and research
  3. Optimum utilisation of resources
  4. Adjustment with changing environment
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  1. Both are correct
  2. First is incorrect second is correct
  3. Both are incorrect
  4. First is correct second is incorrect
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  1. Meeting requirements of changing environment
  2. Only punitive administration
  3. Destroying resources
  4. Rumour based decision
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  1. Scientific decision
  2. Management education
  3. Effective administration
  4. Social responsibility
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  1. Basis for training education and research
  2. Destruction of resources
  3. Ignoring changing environment
  4. Employee punishment
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  1. Clear authority responsibility and reporting relationship
  2. Hiding customer complaints
  3. Unnecessary storage of material
  4. Sticking to old technology
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  1. Social responsibility
  2. Scientific decision making
  3. Employee welfare only
  4. Building decoration
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  1. Optimum utilisation and effective administration
  2. Social responsibility only
  3. End of research
  4. Market neglect
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  1. Punitive control
  2. Help in scientific and practical decision making
  3. Machine maintenance
  4. Tax calculation
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  1. Both are correct
  2. First is correct second is incorrect
  3. First is incorrect second is correct
  4. Both are incorrect
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  1. Meeting requirements of changing environment
  2. Only stopping production
  3. Increasing customer confusion
  4. Removing authority
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  1. Management research
  2. Social responsibility
  3. Ineffective administration
  4. Resource idleness
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  1. Training and managerial education
  2. Resource wastage
  3. Market neglect
  4. Tax payment only
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  1. Manager understands the problem cause and takes a fact based decision
  2. Manager makes policy on rumour
  3. Manager hides data and decides
  4. Manager spends without objective
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  1. Effective administration
  2. Social neglect
  3. Rumour based decision
  4. Building construction
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  1. Scientific decision only
  2. Social responsibility
  3. Machine use
  4. Tax policy
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  1. Optimum utilisation of resources
  2. Stopping research
  3. Customer neglect
  4. Punitive control
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  1. First is correct second is incorrect
  2. Both are correct
  3. First is incorrect second is correct
  4. Both are incorrect
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  1. Meeting requirements of changing environment
  2. Hiding resources
  3. Breaking social norms
  4. Stopping decisions
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  1. They help in fact based decisions
  2. They reduce resource wastage
  3. They promote social responsibility
  4. They increase blind guesswork and rumours in the organisation
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  1. Scientific decision and effective administration
  2. Social neglect
  3. Resource idleness
  4. Market ignorance
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  1. Optimum use of resources
  2. Management research and development
  3. Customer service only
  4. Factory decoration

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