Business Studies Chapter 1 – Nature and Significance of Management MCQ Question Answers for CUET 2024

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

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

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

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

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

6. 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.

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

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

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

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

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

12. ______ 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.

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

14. _______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.

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

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

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

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

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.
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