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Nature and Significance of Management Test - 12

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Nature and Significance of Management Test - 12
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  • Question 1
    1 / -0
    The principle of management are significant because of ________.
    Solution
    The principles of management are significant because of Optimum utilization of resources entails employing the limited resources (such as capital and labour) to their best possible usage so that maximum benefit can be derived with minimum possible cost.
  • Question 2
    1 / -0
    'She/He keeps machines, materials, tools etc ready for operations by concerned works'. Whose work is described by this sentence under functional foremanship?
    Solution
    Gang boss makes the arrangement of machines, tools, workers. Gang boss keeps the machines and tools ready.
    Gang boss keeps everything and everyone in line. He/She reads and explains the blueprints, takes care of material delivery on time, and instructs on different techniques.
  • Question 3
    1 / -0
    Management should find 'One best way' to perform a task. Which technique of scientific management is defined in this sentence?
    Solution
    Method study is the process of subjecting work to systematic, critical scrutiny to make it more effective and efficient. The objective of method study is to find out one best way of doing job.
    Time study is a structured process of directly observing and measuring human work using a timing device to establish the time required for completion of the work by a qualified worker when working at a defined level of performance.
    Motion study is a systematic way of determining the best method of doing the work by scrutinizing the motions made by the worker or the machine. 
    Fatigue study is study to understand how fatigue affects productivity. Reducing fatigue at workplace has been the key aim of every organisation as it affects productivity adversely.
  • Question 4
    1 / -0
    Which of the following is not an objective of management?
    Solution
    Policy-making is the process of formulating policies on the basis of which the company or an organization works. Top executives and directors usually brainstorm and decide upon the policy to be adopted. Hence, policy-making is not an objective of management.
  • Question 5
    1 / -0
    It is NOT UNCOMMON that  ______ is not sufficient for management.
    Solution
    Management is a dynamic process of getting things done by others with the aim of achieving common goals effectively and efficiently. For management to implement smoothly in an organization, all the functions starting from planning to organizing then staffing to directing, and ending up with controlling is essential. 
    Hence, option (D) is the correct answer.
  • Question 6
    1 / -0
    Co-ordination is _________.
    Solution
    Co-ordination refers to organizing a company's departments and resources in a way to enable them to work together (in harmony) effectively. Co-ordination brings unity and integrates different activities. Hence, co-ordination is the essence of management.
  • Question 7
    1 / -0
    Management is _________.
    Solution
    Management refers to the process of dealing with or controlling things and people. Management has features of both science and arts as it relies on practice, thus it is an art and it is based on the principles which are the outcome of science hence, management is also science.
  • Question 8
    1 / -0
    Which of the following statement best describes the principle of 'Division of work'?
    Solution
    Division of work is also known as division of labour. Division of work refers to course of tasks assigned to a group of workers to increase the efficiency.  It is the breaking down of a job so as to have a number of different tasks that make up a whole. It is a tested fact that division of labour improves efficiency because when a worker continuously does the same job repeatedly, he/she will perfect the job and hence increase efficiency. 
  • Question 9
    1 / -0
    Management is ________.
    Solution
    •  Management consists of the interlocking functions of creating corporate policy and organizing, planning, controlling, and directing an organization's resources in order to achieve the objectives of that policy.
    • Management as a multidimensional activity includes the process of planning, organizing, and directing.
    • Hence, option D is correct.
  • Question 10
    1 / -0
    Principles of management are not _______.
    Solution
    Principles of Management are the essential, underlying factors that forms the foundation of successful management. Principles of Management are not absolute as they are flexible , behavioral and universal in nature. 
    They are not absolute as managing a workforce will change depending on the kind of individuals a manager would be managing. 
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