MCQOPTIONS
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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 | |