CUET 2023 Business Studies Chapter 1 - Nature and Significance of Management MCQs

Business Studies Chapter 1 – Nature and Significance of Management MCQ Question Answers for CUET 2023

1. Successful organisations do not achieve goals by chance but by following a deliberate process known as

a.Management

b.Co-ordination

c.Controlling

d.Planning

2. Which one of the following statements is not correct?

a.Management is a rigif process

b.Management is a continuous process

c.Management is a dynamic process

d.Managemnt is a goal-oriented process

3. Which of the following binds all the functions of management?

a.Planning

b.Meetings

c.Staffing

d.Co-ordination

4. ____courses inquire into the nature of things, particularly values and ethics.

a.Philosophy

b.Psychology

c.Sociology

d.Anthropology

5. How many dimensions are there in management?

a.Six

b.Four

c.Three

d.Two

6. Which level of management serves as a link between top level managers and first line managers?

a.Middle level management

b.None of the above

c.Supervisory levelmanagement

d.Operational management

7. ______ is one of the first 30 companies that joined UNICEF in Child Friendly Business in “The Children Sustainability Forum” to make a commitment in protecting children’s rights.

a.Tesla

b.Range Rover

c.Tata Steels Thailand

d.Tata Steels India

8. Management contains a series of interrelated functions that includ

a.Planning

b.Organising

c.Directing

d.All of the above

9. Which of the following is not a designation related to top level management?

a.President

b.Production Manager

c.Vice-President

d.Chairman

10. The function of management relating to laying down the foundation for carrying out the other functions of management successfully is called ___

a.Controlling

b.Organising

c.Planning

d.Staffing

11. _______is an initiative of ITC Limited to link directly with rural farmers via the Internet for procurement of agricultural and aquaculture products like soybeans, wheat, coffee, and prawns

a.Paisa Kamao

b.Both a and b

c.E-Business

d.E-Choupal

12. Management is said to be poor if it is

a.Both inefficient and ineffective

b.Efficient but ineffective

c.Effective and inefficient

d.All of the above

13. People in the organisations carry out diverse tasks with the aim to achieve

a.Both of the above

b.Common objectives

c.Different objectives

d.None of the above

14. What does N denote in the term NEDFI?

a.None of these

b.North

c.National

d.Neuro

15. As a multidimensional phenomenon, management involves aspects such as__

a.Management of operations

b.All of the above

c.Management of things

d.Management of people

16. Who is the director of Namchi Designer Candles

a.KN Rai

b.Smita Rai

c.Prajakta Kohli

d.Devina Paul

17. Identify the level of management which does not interact with the work force directly

a.Supervisory management

b.First line mangers

c.Operational management

d.Middle level management

18. Which of the following statements is not relevant to the concept of “Management as an inexact science”?

a.The principles of management lack universal validity

b.Management involves dealing with human behaviour and outcomes cannot be predicted with utmost accuracy

c.The principles of management have to be modified according to the given situation

d.The principles of management lack unversal applicability

19. Keeping in view the changes in the consumer demands and preferences ‘Taste Maker Bakery’ has reduced the sugar and fat content in its products. This approach of business shows that management i

a.A group activity

b.A multidimensional activity

c.A dynamic function

d.An intangible force

20. Where is hotel Taj Mahal ?

a.Nariman Point

b.Colaba

c.Nalasupara

d.Juhu