12th Class Business Studies Nature & Significance Of Management Question Bank

done Passage Based Questions Total Questions - 14

• question_answer1)

  Sulekha is the branch manager of Shakti Handicraft Lad. The company's objective is to promote the sales of Indian handloom and handicraft products. Its sells fabrics, furnishings, ready-mades and household items are made out of traditional Indian fabrics. Sulekha decides quantities, variety, colour and texture of all the above items and then allocates resources for their purchase from different suppliers. She appoints a team of designers and crafts people in the company, who develop some prints for bed covers in bright colours on silk. Although they looked very impressive, they were more expensive than the price they planned to sell these for. Average customer could not afford to buy it- Praising their effort Sulekha suggested that they should keep the silk bed-covers for special occasions like Holi, Diwali and Christmas and offer the cotton bed-covers on a regular basis to keep costs under control

  Sulekha decides quantities, variety, colour and texture of all the items. Which function of Management does she follow?

  A)
  Organising          done clear
  B)
  Directing done clear
  C)
  Planning            done clear
  D)
  Controlling done clear
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• question_answer2)

  Sulekha is the branch manager of Shakti Handicraft Lad. The company's objective is to promote the sales of Indian handloom and handicraft products. Its sells fabrics, furnishings, ready-mades and household items are made out of traditional Indian fabrics. Sulekha decides quantities, variety, colour and texture of all the above items and then allocates resources for their purchase from different suppliers. She appoints a team of designers and crafts people in the company, who develop some prints for bed covers in bright colours on silk. Although they looked very impressive, they were more expensive than the price they planned to sell these for. Average customer could not afford to buy it- Praising their effort Sulekha suggested that they should keep the silk bed-covers for special occasions like Holi, Diwali and Christmas and offer the cotton bed-covers on a regular basis to keep costs under control.

  Which function of management does she follow to allocate resources for their purchase from different suppliers?

  A)
  Directing            done clear
  B)
  Organising done clear
  C)
  Controlling         done clear
  D)
  Planning done clear
  View Solution play_arrow

• question_answer3)

  Sulekha is the branch manager of Shakti Handicraft Lad. The company's objective is to promote the sales of Indian handloom and handicraft products. Its sells fabrics, furnishings, ready-mades and household items are made out of traditional Indian fabrics. Sulekha decides quantities, variety, colour and texture of all the above items and then allocates resources for their purchase from different suppliers. She appoints a team of designers and crafts people in the company, who develop some prints for bed covers in bright colours on silk. Although they looked very impressive, they were more expensive than the price they planned to sell these for. Average customer could not afford to buy it- Praising their effort Sulekha suggested that they should keep the silk bed-covers for special occasions like Holi, Diwali and Christmas and offer the cotton bed-covers on a regular basis to keep costs under control.

  “She appoints a team of designers and crafts-people in the company. Identify the function of management in the above statement.

   
  A)
  Organising          done clear
  B)
  Staffing done clear
  C)
  Planning            done clear
  D)
  Controlling done clear
  View Solution play_arrow

• question_answer4)

  Sulekha is the branch manager of Shakti Handicraft Lad. The company's objective is to promote the sales of Indian handloom and handicraft products. Its sells fabrics, furnishings, ready-mades and household items are made out of traditional Indian fabrics. Sulekha decides quantities, variety, colour and texture of all the above items and then allocates resources for their purchase from different suppliers. She appoints a team of designers and crafts people in the company, who develop some prints for bed covers in bright colours on silk. Although they looked very impressive, they were more expensive than the price they planned to sell these for. Average customer could not afford to buy it- Praising their effort Sulekha suggested that they should keep the silk bed-covers for special occasions like Holi, Diwali and Christmas and offer the cotton bed-covers on a regular basis to keep costs under control.

  Which function of management does she follow, if she offers the cotton bed-covers on a regular basis to keep costs under control?

  A)
  Staffing done clear
  B)
  Controlling done clear
  C)
  Directing done clear
  D)
  Organising done clear
  View Solution play_arrow

• question_answer5)

  Sulekha is the branch manager of Shakti Handicraft Lad. The company's objective is to promote the sales of Indian handloom and handicraft products. Its sells fabrics, furnishings, ready-mades and household items are made out of traditional Indian fabrics. Sulekha decides quantities, variety, colour and texture of all the above items and then allocates resources for their purchase from different suppliers. She appoints a team of designers and crafts people in the company, who develop some prints for bed covers in bright colours on silk. Although they looked very impressive, they were more expensive than the price they planned to sell these for. Average customer could not afford to buy it- Praising their effort Sulekha suggested that they should keep the silk bed-covers for special occasions like Holi, Diwali and Christmas and offer the cotton bed-covers on a regular basis to keep costs under control.

  “Praising their effort, Sulekha suggested that they should keep the silk bed-covers for special occasions like Diwali and Christmas. Identify the function of management in the above statement.

  A)
  Directing done clear
  B)
  Organising done clear
  C)
  Planning            done clear
  D)
  Coordination done clear
  View Solution play_arrow

• question_answer6)

  Emperial Pvt. Ltd. is a well-known cloth company in India. It is able to earn adequate revenues to cover costs. Its capital base, number of employees and production turnover have increased manifolds over the years. The rate of profitability of the business is also creditable. The employees of the company are happy and satisfied with their remuneration, working conditions, promotion policy, etc. As a part of its moral obligation, the company has taken many initatives for providing employment to specially abled persons and promoting literacy in the villages adopted by it.

  “The employees of the company are happy and satisfied with their remuneration, working conditions, promotion policy.”

  Identify objective of management being fulfilled by company in the above statement.

   
  A)
  Organisational done clear
  B)
  Social done clear
  C)
  Personal            done clear
  D)
  None of these done clear
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• question_answer7)

  Emperial Pvt. Ltd. is a well-known cloth company in India. It is able to earn adequate revenues to cover costs. Its capital base, number of employees and production turnover have increased manifolds over the years. The rate of profitability of the business is also creditable. The employees of the company are happy and satisfied with their remuneration, working conditions, promotion policy, etc. As a part of its moral obligation, the company has taken many initatives for providing employment to specially abled persons and promoting literacy in the villages adopted by it.

  Which objective of management is being fulfilled by the company in the statement below? “It is able to earn adequate revenues to cover costs”.

   
  A)
  Organisational done clear
  B)
  Personal done clear
  C)
  Social    done clear
  D)
  None of these done clear
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• question_answer8)

  Emperial Pvt. Ltd. is a well-known cloth company in India. It is able to earn adequate revenues to cover costs. Its capital base, number of employees and production turnover have increased manifolds over the years. The rate of profitability of the business is also creditable. The employees of the company are happy and satisfied with their remuneration, working conditions, promotion policy, etc. As a part of its moral obligation, the company has taken many initatives for providing employment to specially abled persons and promoting literacy in the villages adopted by it.

  “Company has taken many initiatives for providing employment to specially abled persons and promoting literacy in the villages adopted by it.” Identify the objective of management being fulfilled.

  A)
  Organisational    done clear
  B)
  Personal done clear
  C)
  Social    done clear
  D)
  All of these done clear
  View Solution play_arrow

• question_answer9)

  Emperial Pvt. Ltd. is a well-known cloth company in India. It is able to earn adequate revenues to cover costs. Its capital base, number of employees and production turnover have increased manifolds over the years. The rate of profitability of the business is also creditable. The employees of the company are happy and satisfied with their remuneration, working conditions, promotion policy, etc. As a part of its moral obligation, the company has taken many initatives for providing employment to specially abled persons and promoting literacy in the villages adopted by it.

  Identify the objective of management being fulfilled in the given statement: “The rate of profitability of the business is also creditable.”

   
  A)
  Organisational done clear
  B)
  Social done clear
  C)
  Personal            done clear
  D)
  None of these done clear
  View Solution play_arrow

• question_answer10)

  Emperial Pvt. Ltd. is a well-known cloth company in India. It is able to earn adequate revenues to cover costs. Its capital base, number of employees and production turnover have increased manifolds over the years. The rate of profitability of the business is also creditable. The employees of the company are happy and satisfied with their remuneration, working conditions, promotion policy, etc. As a part of its moral obligation, the company has taken many initatives for providing employment to specially abled persons and promoting literacy in the villages adopted by it.

  “Company capital base, number of employees and production turnover have increased manifolds over the years.” Identify the objective of management being fulfilled.

  A)
  Personal            done clear
  B)
  Organisational done clear
  C)
  Social    done clear
  D)
  None of these done clear
  View Solution play_arrow

• question_answer11)

  Diamond Pvt. Ltd. is a company with multiple branches all over the country. It promotes the Sales of Indian handmade items while providing equitable employment to traditional artisans, Mr. Prem as a branch manager of the company has to ensure that there is adequate workforce and continuously monitors whether production is proceeding according to the plans. He also provides direction and motivation to his employees. The purchase, production and sales departments efforts are coordinated by Mr. Prem for achieving organisational objectives harmoniously. The production and the sales departments coordinate their work so that production takes place according to the demand in the market. The purchase department is responsible for procuring material This then becomes the basis of the activities of the production department and finally sales can take place.

  At which level of management is Mr. Prem in Diamond Pvt. Ltd.?

   
  A)
  Top level management done clear
  B)
  Supervisory management done clear
  C)
  Middle level management             done clear
  D)
  Lower level management done clear
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• question_answer12)

  Diamond Pvt. Ltd. is a company with multiple branches all over the country. It promotes the Sales of Indian handmade items while providing equitable employment to traditional artisans, Mr. Prem as a branch manager of the company has to ensure that there is adequate workforce and continuously monitors whether production is proceeding according to the plans. He also provides direction and motivation to his employees. The purchase, production and sales departments efforts are coordinated by Mr. Prem for achieving organisational objectives harmoniously. The production and the sales departments coordinate their work so that production takes place according to the demand in the market. The purchase department is responsible for procuring material This then becomes the basis of the activities of the production department and finally sales can take place.

  “It promotes to sales of Indian hand-made products while providing equitable employment to traditional artisans.” Which of the following objectives of management are fulfilled by company?

   
  A)
  Social done clear
  B)
  Organisational done clear
  C)
  Personal            done clear
  D)
  All of these done clear
  View Solution play_arrow

• question_answer13)

  Diamond Pvt. Ltd. is a company with multiple branches all over the country. It promotes the Sales of Indian handmade items while providing equitable employment to traditional artisans, Mr. Prem as a branch manager of the company has to ensure that there is adequate workforce and continuously monitors whether production is proceeding according to the plans. He also provides direction and motivation to his employees. The purchase, production and sales departments efforts are coordinated by Mr. Prem for achieving organisational objectives harmoniously. The production and the sales departments coordinate their work so that production takes place according to the demand in the market. The purchase department is responsible for procuring material This then becomes the basis of the activities of the production department and finally sales can take place.

  “He has to ensure that there is adequate workforce and continuously monitors whether production is proceeding according to the plans. Identify the functions of management highlighted in the statement.

  A)
  Staffing and controlling                done clear
  B)
  Planning and Controlling done clear
  C)
  Staffing and Planning                  done clear
  D)
  Staffing and Directing done clear
  View Solution play_arrow

• question_answer14)

  Diamond Pvt. Ltd. is a company with multiple branches all over the country. It promotes the Sales of Indian handmade items while providing equitable employment to traditional artisans, Mr. Prem as a branch manager of the company has to ensure that there is adequate workforce and continuously monitors whether production is proceeding according to the plans. He also provides direction and motivation to his employees. The purchase, production and sales departments efforts are coordinated by Mr. Prem for achieving organisational objectives harmoniously. The production and the sales departments coordinate their work so that production takes place according to the demand in the market. The purchase department is responsible for procuring material This then becomes the basis of the activities of the production department and finally sales can take place.

  “The purchase, production and sales departments, efforts are coordinated by Mr. Prem for achieving organisational objectives harmoniously. The production and the sales departments coordinate their work so that production takes place according to the demand in the market.” Identify the characteristic of coordination highlighted above.

  A)
  Coordination ensures unity of action done clear
  B)
  Coordination is an all pervasive function done clear
  C)
  Coordination is a continuous process done clear
  D)
  Both (a) and (b) done clear
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