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  3. 12th Class
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  5. Principles Of Management

12th Class Business Studies Principles Of Management Question Bank Topic - 1 MCQs - Principles Of Management

  • question_answer
    A firm is continuously making profits and planning to expand. It also wants to adopt poor children. Which point of importance of principles of management is highlighted in the above case?

    A) Providing managers with useful insight into reality

    B) Optimum utilisation of resources and effective administration

    C) Fulfilling social needs

    D) All of these

    Correct Answer: C

    Solution :

    [c] Explanation: The given case highlights that the firm focuses not only on economic incentives but is also guided by the social needs.


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