Business Studies Test

Result

Business Studies Test - 17

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Weekly Quiz Competition

Question 1
5 / -1

Mr. Rohit, who was an employee in Z Cosmetics Limited was able to produce the goods in time but at higher cost. Mr. Rohit was

A
effective only

B
efficient only

C
effective but inefficient

D
neither effective nor efficient

Solution

Effectiveness is concerned with doing the right things on time and efficiency is concerned with doing things in the right way.
Question 2
5 / -1

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
higherlevel needs, by providing opportunities for personal growth and development

D
All of the above

Solution

The satisfaction of personal objectives of individuals is necessary, as only satisfied employees will help to achieve the organisational goals.
Question 3
5 / -1

Efficiency means doing the task correctly and with maximum cost.

A
True

B
False

C
Can't say

D
Partially True

Solution

Efficiency means doing the task with minimum cost.
Question 4
5 / -1

Provision of creche for the children of employees refers to the social objective of a business.

A
True

B
False

C
Can't say

D
Partially False

Solution

Provision for creche for the children of employees relates to the personal objectives.
Question 5
5 / -1

The marketing manager of ‘Informatics Limited’ always keeps a check on the changes happening in the surroundings and instructs the research and development department to improve the products accordingly. This habit of the marketing manager helps the company to keep an edge over the competitors.Which feature of management is depicted in the above case?

A
Pervasive

B
Intangible force

C
Continuous

D
Dynamic

Solution

Management has to adapt itself and its goals according to the changing needs of the business environment.
Question 6
5 / -1

Coordination is the responsibility of the top-level managers.

A
True

B
False

C
Can't say

D
Partially True

Solution

Coordination is the responsibility of all the managers.
Question 7
5 / -1

Which of the following is not an importance of management?

A
Management increases efficiency

B
Management helps achieving individual goals only

C
Management creates a dynamic organisation

D
Both (a) and (c)

Solution

Success of every organisation is measured by the extent to which its objectives are achieved. Management helps in achieving both individual as well as organisational goals.
Question 8
5 / -1

Which of the following is a cost benefit analysis?

A
Effectiveness

B
Efficiency

C
Both (a) and (b)

D
None of these

Solution

Efficiency focuses on deriving more benefits by using less resources.
Question 9
5 / -1

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)

Solution

Superintendent works like supervisor, he/she supervises and controls the workers. He/she also arrange material and tools to start the process.
Question 10
5 / -1

Directions For Questions

Directions: There are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the appropriate option from the options given below

...view full instructions

Assertion (A): The effect of management is noticeable in an organisation where targets are according to plans, employees are happy and satisfied and there is orderliness instead of chaos.

Reason (R): Every member of the organisation has a different purpose for joining the organisation and each member works towards his personal goal.

A
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)

B
Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A)

C
Assertion (A) is true but Reason (R) is false

D
Assertion (A) is false but Reason (R) is true

Solution

Assertion is correct and the reason behind is that management is an intangible force. Reason is not a correct statement as the members of the organisation work towards fulfilling the common organisational goals.

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Re-Attempt Weekly Quiz Competition

Business Studies Test - 17

Result

Business Studies Test - 17

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Rank

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SHARING IS CARING

Question 1

effective only

efficient only

effective but inefficient

neither effective nor efficient

Solution

Question 2

financial needs, by giving competitive salary and perks

social needs, by peer recognition

higherlevel needs, by providing opportunities for personal growth and development

All of the above

Solution

Question 3

True

False

Can't say

Partially True

Solution

Question 4

True

False

Can't say

Partially False

Solution

Question 5

Pervasive

Intangible force

Continuous

Dynamic

Solution

Question 6

True

False

Can't say

Partially True

Solution

Question 7

Management increases efficiency

Management helps achieving individual goals only

Management creates a dynamic organisation

Both (a) and (c)

Solution

Question 8

Effectiveness

Efficiency

Both (a) and (b)

None of these

Solution

Question 9

Operational level of management

Middle level of management

Top level of management

Either (b) or (c)

Solution

Question 10

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)

Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A)

Assertion (A) is true but Reason (R) is false

Assertion (A) is false but Reason (R) is true

Solution

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