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This section includes 20 Mcqs, each offering curated multiple-choice questions to sharpen your 12th knowledge and support exam preparation. Choose a topic below to get started.
1. |
Which of the following statements is false about Taylor and Fayol? |
A. | Fayol was a mining engineer whereas Taylor was a mechanical engineer |
B. | Fayol’s principles are applicable in specialised situations whereas Taylor’s principles have universal application |
C. | Fayol’s principles were formed through personal experience whereas Taylor’s principles were formed through experimentation |
D. | Fayol’s principles are applicable at the top level of management whereas Taylor’s principles are applicable at the shop floor |
Answer» C. Fayol’s principles were formed through personal experience whereas Taylor’s principles were formed through experimentation | |
2. |
Which of the following statements best describes ‘Mental Revolution’? |
A. | It implies change of attitude |
B. | The management and workers should not play the game of one upmanship |
C. | Both management and workers require each other |
D. | Workers should be pain more wages |
Answer» B. The management and workers should not play the game of one upmanship | |
3. |
Management should find ‘One best way’ to perform a task. Which technique of scientific management is defined in this sentence? |
A. | Time study |
B. | Motion study |
C. | Fatigue study |
D. | Method study |
Answer» E. | |
4. |
Which of the following is not a Principle of management given by Taylor? |
A. | Science, not rule of the thumb |
B. | Functional foremanship |
C. | Maximum not restricted output |
D. | Harmony not discord |
Answer» C. Maximum not restricted output | |
5. |
She/He keeps machines, materials, tools etc ready for operations by concerned workers’. Whose work is described by this sentence under functional foremanship? |
A. | Instruction card clerk |
B. | Repair boss |
C. | Gang boss |
D. | Route clerk |
Answer» D. Route clerk | |
6. |
Which of the following statement best describes the principle of ‘Division of Work’? |
A. | Work should be divided into small tasks |
B. | Labour should be divided |
C. | Resources should be divided among jobs |
D. | It leads to specialisation |
Answer» B. Labour should be divided | |
7. |
Henry Fayol was a |
A. | social scientist |
B. | mining engineer |
C. | accountant |
D. | production engineer |
Answer» C. accountant | |
8. |
The principles of management are significant because of |
A. | increase in efficiency |
B. | initiative |
C. | optimum utilization of resources |
D. | adaptation to changing technology |
Answer» D. adaptation to changing technology | |
9. |
How are principles of management formed? |
A. | In a laboratory |
B. | By experiences of managers |
C. | By experiences of customers |
D. | By propagation of social scientists |
Answer» C. By experiences of customers | |
10. |
Principles of management are not |
A. | universal |
B. | flexible |
C. | absolute |
D. | behavioural |
Answer» D. behavioural | |
11. |
Economic activities may be classified into business, ___________ and employment |
A. | Profession |
B. | occupation |
C. | vocation |
D. | work |
Answer» B. occupation | |
12. |
Which of the following is not an example of non-economic activity? |
A. | Patriotism |
B. | teaching |
C. | sentiment |
D. | sympathy |
Answer» C. sentiment | |
13. |
Human activities are of ____________ types |
A. | One |
B. | two |
C. | three |
D. | four |
Answer» C. three | |
14. |
Transfer of interest exists in the case of |
A. | Profession |
B. | employment |
C. | business |
D. | none of these |
Answer» D. none of these | |
15. |
Following are the characteristics of business risks. One of then is not correct. Please identify it. |
A. | Loss is the reward for risk bearing |
B. | Business risks are due to uncertainties |
C. | Risk is an essential component of every business |
D. | Degree of risk depends mainly upon the nature and size of business |
Answer» B. Business risks are due to uncertainties | |
16. |
Earning of profit is considered to be the subsidiary objective of the business.' The given statement is |
A. | True |
B. | false |
C. | cannot say |
Answer» C. cannot say | |
17. |
Commerce includes activities relating to trade and _________________ to trade. |
A. | Supporting |
B. | subsidiaries |
C. | auxiliaries |
D. | none of these |
Answer» D. none of these | |
18. |
Name the two broad categories of business activities. |
A. | Trade and commerce |
B. | trade and industry |
C. | industry and commerce |
D. | none of these |
Answer» D. none of these | |
19. |
Which one of the following may not be a factor behind starting a business? |
A. | Routine workload |
B. | size of the firm |
C. | finance |
D. | location of the business |
Answer» B. size of the firm | |
20. |
The possibilities of inadequate profits or even losses due to uncertainties are known as ____________ |
A. | Business contingencies |
B. | Business risks |
C. | Business ventures |
D. | None of these |
Answer» C. Business ventures | |