Business Studies Chapter 1 – Nature and Significance of Management MCQ Question Answers for Various Entrance Exams

1. _______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.
b.
c.
d.

2. Management is said to be poor if it is
a.
b.
c.
d.

3. ______ 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.
b.
c.
d.

4. Which of the following is not a designation related to top level management?
a.
b.
c.
d.

5. Identify the level of management which does not interact with the work force directly
a.
b.
c.
d.

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

7. Which one of the following statements is not correct?
a.
b.
c.
d.

8. 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.
b.
c.
d.

9. Who is the director of Namchi Designer Candles
a.
b.
c.
d.

10. Management contains a series of interrelated functions that includ
a.
b.
c.
d.

11. Which of the following binds all the functions of management?
a.
b.
c.
d.

12. ____courses inquire into the nature of things, particularly values and ethics.
a.
b.
c.
d.

13. Successful organisations do not achieve goals by chance but by following a deliberate process known as
a.
b.
c.
d.

14. How many dimensions are there in management?
a.
b.
c.
d.

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

16. The function of management relating to laying down the foundation for carrying out the other functions of management successfully is called ___
a.
b.
c.
d.

17. People in the organisations carry out diverse tasks with the aim to achieve
a.
b.
c.
d.

18. Where is hotel Taj Mahal ?
a.
b.
c.
d.

19. Which of the following statements is not relevant to the concept of “Management as an inexact science”?
a.
b.
c.
d.

20. What does N denote in the term NEDFI?
a.
b.
c.
d.


 


 
Also See :
 
Business Studies Chapter 2 – Principles of Management MCQs
 
Business Studies Chapter 3 – Principles of Management MCQs
 
Business Studies Chapter 4 – Planning MCQs
 
Business Studies Chapter 5 – Organising MCQs
 
Business Studies Chapter 6 – Staffing MCQs
 
Business Studies Chapter 7 – Directing MCQs
 
Business Studies Chapter 8 – Controlling MCQs
 
Business Studies Chapter 9 – Financial Management MCQs
 
Business Studies Chapter 10 – Financial Markets MCQs
 
Business Studies Chapter 11 – Marketing Management MCQs
 
Business Studies Chapter 12 – Consumer Protection MCQs