CUET Business Studies MCQs Unit I Nature and Significance of Management

Refer to CUET Business Studies MCQs Unit I Nature and Significance of Management provided below available for download in Pdf. The MCQ Questions for UG Business Studies with answers are aligned as per the latest syllabus and exam pattern suggested by CUET, NCERT and KVS. Multiple Choice Questions for Unit I Nature and Significance of Management are an important part of exams for UG Business Studies and if practiced properly can help you to improve your understanding and get higher marks. Refer to more Chapter-wise MCQs for CUET UG Business Studies and also download more latest study material for all subjects

MCQ for UG Business Studies Unit I Nature and Significance of Management

UG Business Studies students should refer to the following multiple-choice questions with answers for Unit I Nature and Significance of Management in UG.

Unit I Nature and Significance of Management MCQ Questions UG Business Studies with Answers

Question: Which is not a function of Management of the following?

a) Planning

b) Controlling

c) Cooperating.

d) Staffing.

Answer: Cooperating.

Question: Coordination is

a) Function of management

b) The essence of management

c) an objective of management

d) none of the above

Answer: The essence of management

Question: Which force binds all other functions of management

a) Coordination

b) Production

c) Finance

d) Staffing

Answer: Coordination

Question: In which level needs coordination to integrate activities of the organisation for accomplishing the organisational goals

a) Top level

b) Middle level

c) Lower level

d) None of the options

Answer: Top level

Question: Rakesh is working as Regional Manager in ABC Ltd. Name the level at which he is working.

a) Middle Level

b) Top Level

c) Lower Level

d) All the options

Answer: Middle Level

Question: Reasons which clarify that management as a function is gaining importance day by day.

a) All the options

b) Multidisciplinary

c) Goal oriented

d) Dynamic function

Answer: All the options

Question: Coordination is the essence of management because

a) Coordination is a part of all management functions

b) Coordination is a part of Planning management functions

c) Coordination is a part of Staffing management functions

d) Coordination is a part of Controlling management functions

Answer: Coordination is a part of all management functions

Question: Objectives of Management are______

a) All the options

b) Achieve maximum output with minimum efforts

c) Optimum use of resource

d) Maximum prosperity

Answer: All the options

Question: What is the Nature of Management

a) All the options

b) Management is an Universal Process

c) Management is a profession

d) Management is an Acquired and inborn Quality

Answer: All the options

Question: What are the characteristics of Management

a) All the options

b) Management is a social process

c) Management is a purposeful process

d) Management is a Collective process

Answer: All the options

Question: Management is _________________

a) Multi Dimensional

b) Individual Activity

c) Not required in small business firms

d) Tangible force

Answer: Multi Dimensional

Question: Which is not an objective of management out of the following

a) Political Objective

b) Organisational Objective

c) Social Objective

d) Personal Objective

Answer: Political Objective

Question: Middle level management consists of

a) Finance Manager

b) Chairman

c) President

d) Supervisor

Answer: Finance Manager

Question: Which is not a separate function of management out of the following

a) Cooperating

b) Planning

c) Controlling

d) Staffing

Answer: Cooperating

Question: Superintendent are included at which level of management

a) Supervisory Level

b) Top level

c) Middle level

d) None of the options

Answer: Supervisory Level

Question: Which function of management bridges the gap between where we stand today and where we want to reach

a) Planning

b) Staffing

c) Coordination

d) Finance

Answer: Planning

Question: Management ensures:

a) Providing employment opportunities

b) Maintaining profit

c) Ensuring maximum utilisation of resources

d) Control on cost

Answer: Ensuring maximum utilisation of resources

Question: Which of the following is true?

a) Coordination is not equally important at all levels of management

b) Coordination has no importance

c) Coordination is equally important at all levels of

d) None of these

Answer: Coordination is equally important at all levels of

Question: In which level coordination in the activities of workers to ensure work progresses as per plans

a) Lower level

b) Middle level

c) Top level

d) None of the options

Answer: Lower level

Question: Motivating employees and giving instructions to them to perform the tasks assigned to them, Identify the functions of this management

a) Directing

b) Staffing

c) Controlling

d) Co-Ordination

Answer: Directing

Question: Management is an activity conducted in a group through

a) All the options

b) Cooperation

c) Collaboration

d) Co-Ordination

Answer: All the options

Question: Management is an Art because

a) Existence of theoretical Knowledge and Application of knowledge

b) Existence of theoretical Knowledge

c) Application of knowledge

d) None of the options

Answer: Existence of theoretical Knowledge and Application of knowledge

Question: Which function of management is bridges the gap between where we stand today and where we want to reach.

a) Planning

b) Efficiency

c) Co-Ordination

d) Staffing

Answer: Planning

Question: What is the Scope of Management

a) All the options

b) Production Management

c) Financial Management

d) Office Management

Answer: All the options

Question: Rakesh is working as Regional Manager in ABC Ltd. Name the level at which he is working.

a) Middle Level

b) Top Level

c) Lower Level

d) All the options

Answer: Middle Level

Question: Effectiveness is concerned with ____________

a) Doing the right task, completing activities and achieving goals

b) Doing the task correctly with minimum cost

c) Getting things done with the aim of achieving goals effectively and efficiently

d) None of the options

Answer: Doing the right task, completing activities and achieving goals

Question: Planning is concerned with specially ________

a) Formulation of Policies and Strategies

b) Manpower Planning

c) Management in Action

d) All the options

Answer: Formulation of Policies and Strategies

Question: Which is not an organisational/economic objective of management out of the following

a) Providing employment

b) Survival of the organisation

c) Earning Profits

d) Growth of the organisation

Answer: Providing employment

Question: Survival profit and growth are essential target of any business which objectives of management is referred here

a) Organizational objectives

b) Social objectives

c) Personal objectives

d) All the options

Answer: Organizational objectives

Question: Doing the task with minimum cost name the term associated with management

a) Efficiency

b) Staffing

c) Production

d) Finance

Answer: Efficiency

Question: Setting Objective is a function of:-

a) Middle level management

b) Operational level management

c) Top level Management

d) None of the above

Answer: Top level Management

Question: What out of the following has been called the essence of management?

a) Communication

b) Coordination

c) Supervision

d) Leadership

Answer: Coordination

Question: Name the process that synchronises the activities of different departments.

a) Coordination

b) Staffing

c) Production

d) Finance

Answer: Coordination

Question: The meaning of coordination is to balance its various activities are

a) All the options

b) Sale & Purchase

c) Production

d) Finance

Answer: All the options

Question: In order to be successful an organisation must change its goals according to the needs of environment. Which characteristic of management is highlighted here

a) Dynamic

b) Intangible Force

c) Universal

d) All the options

Answer: Dynamic

Question: At which level of management the managers are responsible for the welfare and survival of the organization?

a) Top management

b) Middle Level

c) Supervisory Level

d) All the options

Answer: Top management

Question: Name the process of designing and maintaining an environment in which individual working together in groups efficiently accomplish selected aims.

a) Management

b) Partnership

c) Consultancy

d) None of the options

Answer: Management

Question: Management is all pervasive because it is required

a) In all type of business

b) Only in Big Organisation

c) Only in Small Organisation

d) Only in Partnership business

Answer: In all type of business

Question: Management word uses as _____

a) A Process

b) A Subject

c) A Time Waste

d) All the options

Answer: A Process

Question: Organisational objective is not concerned with__________

a) Supply of quality goods

b) Survival

c) Profit

d) Growth

Answer: Supply of quality goods

Question: Management is not ______________

a) Tangible force

b) Goal Oriented

c) Group Activity

d) Intangible force

Answer: Tangible force

Question: Why Management is considered as Multi dimensional function

a) All the options

b) Management of work

c) Management of People

d) Management of operation

Answer: All the options

Question: In which functions of management, standards are compared with actual, deviations are find out and corrective steps are taken

a) Controlling

b) Production

c) Finance

d) Staffing

Answer: Controlling

Question: A manager obtains the required capital at 12% interest while the prevailing rate of interest happens to be10%. How would you describe such a manager?

a) Efficient

b) Effective

c) Efficient and Effective

d) Inefficient

Answer: Effective

Question: Under what function of management does the ‘corrective action’ fall?

a) Planning

b) Organising

c) Directing

d) Controlling

Answer: Controlling

Question: Planning, Organising, Staffing, Directing and Controlling is the sequence of functions in a process, Name it.

a) Management

b) Production

c) Finance

d) Staffing

Answer: Management

Question: Finding out deficiencies in implementation of plans, Identify the functions of this management

a) Controlling

b) Staffing

c) Directing

d) Co-Ordination

Answer: Controlling

Question: An educational institution as well as a business organization both need to be managed. Which characteristic of management is highlighted here

a) Universal

b) Intangible Force

c) Dynamic

d) All the options

Answer: Universal

Question: A petrol pump needs to be managed as much as a school or a hospital. Which Characteristic of management has been highlighted here?

a) Management is all pervasive.

b) Only School

c) Only Hospital

d) All the options

Answer: Management is all pervasive.

Question: To meet the objectives of the firm the Management of ABC Ltd., offers employment to physically challenged person. Identify the organization and objective it is trying to achieve?

a) It is social objective

b) It is Profit objective

c) It is social objective and It is Profit objective

d) None of the options

Answer: It is social objective

Question: Management is considered an art due to

a) All the options

b) Existence of Theoretical Knowledge

c) Personalised Application

d) Based on Practice and Creativity

Answer: All the options

Question: Which is the Scope of Management

a) All the options

b) Production Management

c) Financial Management

d) Office Management

Answer: All the options

Question: Management is directly concerned with _______________

a) Management of People

b) Management of Money only

c) Management of Responsibilities

d) Management of Production and sales

Answer: Management of People

Question: Under which function of management, policies and strategies are formulated

a) Planning

b) Organising

c) Directing

d) Controlling

Answer: Planning

Question: Departmental managers are included at which level of management

a) Middle level

b) Top level

c) Lower level

d) None of the options

Answer: Middle level

Question: Which one of the following sequence of process of management is correct:

a) Planning, Controlling, Organising, Staffing

b) Staffing, Planning, Organising, Controlling

c) Planning, Organising, Staffing, Controlling

d) Organising, Planning, Staffing, Controlling

Answer: Planning, Organising, Staffing, Controlling

Question: ‘Arrangement of various resources for achieving Target, under which function of management is this performed

a) Controlling

b) Directing

c) Organising

d) Planning

Answer: Organising

Question: Which is The reasons that bring out the importance or the necessity for coordination

a) All the options

b) Growth in the size

c) Functional Differentiation

d) Specialisation

Answer: All the options

Question: Name the level at which the managers are responsible for implementing and controlling the plans and strategies of the organisation

a) Middle Level

b) Top Level

c) Lower Level

d) All the options

Answer: Middle Level

Question: ______is needed at all levels of management and in all departments.

a) Co-Ordination

b) Cooperation

c) Staffing

d) None of the options

Answer: Co-Ordination

Question: Management is a science because

a) Systematic body of Knowledge and Principles are based on repeated experiments

b) Systematic body of Knowledge

c) Principles are based on repeated experiments

d) None of the options

Answer: Systematic body of Knowledge and Principles are based on repeated experiments

Question: Where is need of Management

a) All the options

b) Top Level

c) Middle Level

d) Supervisory Level

Answer: All the options

Question: Why is management also considered as a profession

a) Well-defined body of knowledge

b) Entry to profession is restricted

c) Professions are bound by code of conduct

d) Membership of Professional Association is compulsory

Answer: Well-defined body of knowledge

Question: Efficiency is concerned with:

a) Utilisation of minimum resources

b) Completion of task

c) Cooperation

d) Right man at right job

Answer: Utilisation of minimum resources

Question: Name the function of management which establishes organization structure and establishes authority and responsibility relations

a) Organizing

b) Finance

c) Staffing

d) Production

Answer: Organizing

Question: At what level of management does the Chief Executive Officer operate?

a) Top-level

b) Middle-level

c) Lower-level

d) None of these

Answer: Top-level

Question: Your uncle is serving as a foreman in a factory. At what level of management is he working

a) Lower Level

b) Middle level

c) Top level

d) All the options

Answer: Lower Level

Question: Which are the objectives of management

a) All the options

b) Survival

c) Profit

d) Growth

Answer: All the options

Question: Surya Enterprise Ltd. manufactures toys. The production department produces more of toys than required and sales department is not able to sell the total production. What quality of management do you think the company is lacking?

a) Co-ordination.

b) Staffing

c) Controlling

d) None of the options

Answer: Co-ordination.

Question: Which force is consisted as the essence of management

a) Co-Ordination

b) Less Communication

c) Lack of Co-Ordination

d) All the options

Answer: Co-Ordination

Question: Management is a _______ Process

a) Goal Oriented

b) Target Oriented

c) Very Easy

d) All the options

Answer: Goal Oriented

Question: Marketing and Personnel Managers are part of _____________

a) Middle Level Management

b) Top Level Management

c) Operational Level Management

d) Lower level

Answer: Middle Level Management

Question: Management is essential for successful running of an enterprise, How

a) All the options

b) Management increases efficiency

c) Ensures optimum utilization of resources

d) Management creates dynamic organization

Answer: All the options

Question: ‘Thinking before doing’, under which function of management is this performed?

a) Controlling

b) Directing

c) Organising

d) Planning

Answer: Planning

Question: Lack of coordination results in

a) All the options

b) Overlapping

c) Duplication

d) Delay

Answer: All the options

Question: Which function of management is concerned with finding the right people for the right job?

a) Staffing

b) Planning

c) Controlling

d) Co-operating

Answer: Staffing

Question: Management is the process of conducting which set of function ____________

a) All the options

b) Planning

c) Organizing

d) Staffing

Answer: All the options

Question: Management is both Science and Art. Science can be defined as _________

a) Systematised body of knowledge

b) Restricted Entry

c) How to apply knowledge

d) All the options

Answer: Systematised body of knowledge

Question: Which are the functions performed by operational Level

a) All the options

b) Looking to safety of workers

c) To boost morale of workers.

d) Representing the problems of workers before the middle level management

Answer: All the options

Question: The following is not an objective of management

a) Earning profits

b) growth of the organisation

c) providing employment

d) policy making

Answer: policy making

Question: Whose specialty happens to be ‘personal skill’?

a) Profession

b) Art

c) Science

d) None of these

Answer: Art

Question: Recruitment and selection of the personnel, Identify the functions of the management

a) Staffing

b) Directing

c) Controlling

d) Co-Ordination

Answer: Staffing

Question: Who is known as the Father of Modern Management Theory

a) Henry Fayol.

b) Stanley Vence

c) Peter F. Drucker

d) Bayard Wheeler

Answer: Henry Fayol.

Question: Hans Limited target production was 25,000 units in a year. Production manager was able to achieve this target but at a higher production cost. In this case, manager is ________ but not ________.

a) Effective but not efficient

b) Efficient but not effective

c) Efficient but not honest

d) All the options

Answer: Effective but not efficient

Question: Mr. Gaurav is working as the Finance Manager of XYZ ltd. At what level of management is he working

a) Middle level

b) Lower Level

c) Top level

d) All the options

Answer: Middle level

Question: Management can be defined as, the process of getting things done with the aim of achieving organizational goals

a) Effectiveness and Efficiency

b) Effectiveness

c) Efficiency

d) None of the options

Answer: Effectiveness and Efficiency

Question: Providing facilities of Schools, creches and hospitals is the _____objective of management.

a) Social Objective

b) Organisational Objective

c) Personal Objective

d) All the options

Answer: Social Objective

Question: Number of levels of management are:

a) one

b) two

c) three

d) four

Answer: three

Question: The task of management is to make people work towards achieving the organisations goals, by making their strengths effective and their weaknesses irrelevant. Which dimension of management is being referred here?

a) Management of People

b) Management of Work

c) Management of Operations

d) None of the options

Answer: Management of People

Question: Coordination can be considered as

a) An essence of management

b) An objective of management

c) A function of management

d) None of the options

Answer: An essence of management

Question: Which are the characteristics of coordination

a) All the options

b) Coordination integrates group efforts

c) Coordination ensures unity of action

d) Coordination is a continuous process

Answer: All the options

Question: According to the nature of management, Management can be considered as

a) Science and Art Both

b) Only Science

c) Only Art

d) Neither a science nor an art

Answer: Science and Art Both

Question: Management is multi-dimensional. Which is the dimensions of it

a) Work and People

b) Work

c) People

d) None of the options

Answer: Work and People

Question: Management is considered as a multi-faceted concept because it is a complex activity that has __________main dimensions.

a) 3

b) 2

c) 4

d) 5

Answer: 3

Question. Which of the following is not a function of management?
a) Planning
b) Staffing
c) Cooperating
d) Controlling

Answer : C

Question. The following is not an objective of management
a) earning profit
b) growth of the organisation
c) providing employment
d) policy making

Answer : D

Question. Policy formulation is the function of
a) top level managers
b) middle level managers
c) operational management
d) All of the above

Answer : A

Question. ............... is concerned with the performance of various activities/tasks in an organisation.
a) Management of people
b) Management of operations
c) Management of work
d) Management of individuals

Answer : C

Question. Management can be considered as
a) an art
b) a science
c) Both art and science
d) None of the above

Answer : C

Question. Every manager applies his personal skills and knowledge in the day-to-day functioning of an enterprise. It is proved because
a) management is an art
b) management is a science
c) management is a profession
d) None of the above

Answer : A

Question. Personal objectives are related with satisfying the personal needs of the employees. Management must seek to satisfy the diverse needs of employees like
a) financial needs, by giving competitive salary and perks
b) social needs, by peer recognition
c) higher level needs, by providing opportunities for personal growth and development
d) All of the above

Answer : D

Question. ‘‘Management is considered as a continuous process’’. Which of the following relates to this statement?
a) The process of management is a dynamic function
b) The process of management is multi-dimensional
c) The process of management is an ongoing process
d) All of the above

Answer : D

Question. Identify the important characteristics of management.
a) It is a goal oriented process
b) It is an intangible force
c) It is single dimensional
d) Both (a) and (b)

Answer : D

Question. Identify the basic features of profession.
a) Systematic body of knowledge
b) Restricted entry
c) Service motive
d) All of the above

Answer : D

Question. Which of the following is not an importance of management?
a) Management increases efficiency
b) Management helps in achieving individual goals only
c) Management creates a dynamic organisation
d) Both (a) and (c)

Answer : B

Question. Coordination is
a) function of management
b) the essence of management
c) an objective of management
d) None of the above

Answer : B

Question. Identify the role of middle level management from the following.
a) To implement the policies framed by top management.
b) To maintain close contacts with operative level so as to evaluate the performance.
c) To assign duties and responsibilities to lower level managers.
d) All of the above

Answer : D

Question. ............... is an important function of management as it ensures that right people with right qualification are employed at a right place.
a) Organising
b) Planning
c) Staffing
d) Directing

Answer : C

Question. Superintendent works at which level of management?
a) Operational level of management
b) Middle level of management
c) Top level of management
d) Either (b) or (c)

Answer : A

Question. The ............... coordinates the activities of the whole organisation keeping in view the desired goals.
a) middle level management
b) top level management
c) lower level management
d) All of the above

Answer : B

Question. Identify the role of middle level management from the following.
a) To implement the policies framed by top management.
b) To maintain close contacts with operative level so as to evaluate the performance.
c) To assign duties and responsibilities to lower level managers.
d) All of the above

Answer : D

Question. Which of the following functions are required to be carried out for successfully establishing coordination?
a) Planning and directing
b) Organising
c) Staffing
d) All of the above

Answer : D

Question. CEO is at which level of management in a company?
a) All levels of management
b) Supervisory level of management
c) Middle level of management
d) Top level of management

Answer : D

Question. Without coordination, directing is impossible and of no worth if there is lack of coordination between superiors and
a) managers
b) directors
c) subordinates
d) All of these

Answer : C

Question. ............... is a process through which harmony is established among different activities of an organisation.
a) Planning
b) Organising
c) Coordination
d) Either (a) or (b)

Answer : C

Question. Which of the following highlights the importance of coordination?
a) Growth in size
b) Functional differentiation
c) Specialisation
d) All of the above

Answer : D

Question. In order to achieve organisational goals, ........... objectives should be integrated with organisational goals, as only satisfied employees will help in achieving organisational goals.
a) organisational
b) social
c) personal
d) None of the above

Answer : C

Question. ……… is the most important objective of every business.
a) Survival
b) Profit
c) Growth
d) Expansion

Answer : A

Question. Which of the following is not an essential organisational objective of management?
a) Survival
b) Eco-friendly production
c) Growth
d) Profit

Answer : B

Question. To conserve tigers, airtel started an earnest awareness campaign ‘Save our Tigers’. Which objective of management is highlighted here?
a) Organisational
b) Social
c) Personal
d) Both (b) and (c)

Answer : B

Question. …… concept of management is concerned with accomplising organisational objectives by directing the efforts of others.
a) Modern
b) Traditional
c) Either modern or traditional
d) None of the above

Answer : B

Question. What is concerned with completing activities or achieving goals, within the prescribed time limit?
a) Process
b) Efficiently
c) Effectively
d) None of the above

Answer : C

Question. Finance manager and marketing manager comes at which level of management?
a) Top level management
b) Lower level management
c) Middle level management
d) Either (a) or (c)

Answer : C

Question. Which objectives of management deals with the commitment of an organisation towards the society?
a) Personal objectives
b) Social objectives
c) Organisational objectives
d) Economic objectives

Answer : B

Question. In Tysfo Ltd. the purchase department purchased 20 tonnes of raw material for the production department. However, the production department required only 15 tonnes. Due to this reason, goods were produced beyond required level and were not accepted by sales department. As a result, many goods remained unsold. Identify the aspect of management lacking in the given case.
a) Planning
b) Coordination
c) Directing
d) None of these

Answer : B

Question. ‘‘Coordination is the process whereby an executive develops an orderly pattern of group efforts among his subordinates and secures unity of action in the pursuit of common purpose.” This is given by
a) Henri Fayol
b) Harold Koontz
c) McFarland
d) None of the above

Answer : C

Question. Ajay is working as an operations manager in WH Ltd. What is the managerial level at which he is working?
a) Top level
b) Middle level
c) Lower level
d) Shop floor

Answer : B

MCQs for Unit I Nature and Significance of Management Business Studies UG

Expert teachers of studiestoday have referred to NCERT book for UG Business Studies to develop the Business Studies UG MCQs. If you download MCQs with answers for the above chapter you will get higher and better marks in UG test and exams in the current year as you will be able to have stronger understanding of all concepts. Daily Multiple Choice Questions practice of Business Studies will help students to have stronger understanding of all concepts and also make them expert on all critical topics. After solving the questions given in the MCQs which have been developed as per latest books also refer to the NCERT solutions for UG Business Studies. We have also provided lot of MCQ questions for UG Business Studies so that you can solve questions relating to all topics given in each chapter. After solving these you should also refer to UG Business Studies MCQ Test for the same chapter.

Where can I download latest CUET MCQs for UG Business Studies Unit I Nature and Significance of Management

You can download the CUET MCQs for UG Business Studies Unit I Nature and Significance of Management for latest session from StudiesToday.com

Are the UG Business Studies Unit I Nature and Significance of Management MCQs available for the latest session

Yes, the MCQs issued by CUET for UG Business Studies Unit I Nature and Significance of Management have been made available here for latest academic session

Where can I find CUET UG Business Studies Unit I Nature and Significance of Management MCQs online?

You can find CUET UG Business Studies Unit I Nature and Significance of Management MCQs on educational websites like studiestoday.com, online tutoring platforms, and in sample question papers provided on this website.

How can I prepare for Unit I Nature and Significance of Management UG MCQs?

To prepare for Unit I Nature and Significance of Management MCQs, refer to the concepts links provided by our teachers and download sample papers for free.

Are there any online resources for CUET UG Business Studies Unit I Nature and Significance of Management?

Yes, there are many online resources that we have provided on studiestoday.com available such as practice worksheets, question papers, and online tests for learning MCQs for UG Business Studies Unit I Nature and Significance of Management