🏫 Board💼 Business Studies

Nature and Significance of Management

19 Board Business Studies previous year questions on Nature and Significance of Management — options free on every question; 2 include the answer & explanation free, the rest unlock with PYQ Pass.

Q1 FREE PREVIEW

"Management is the development of men and not the direction of things." This statement is of

a

Lawrence A. Appley

b

R. C. Davis

c

Keith and Gubelline

d

George R. Terry

✓ Correct answer: a)

Lawrence A. Appley

Explanation

Correct Answer: (A) Lawrence A. Appley

Explanation of the correct option:
The statement, “Management is the development of men and not the direction of things,” was given by Lawrence A. Appley, who was a former president of the American Management Association. This statement highlights the human-centred approach of management. It means that the main role of management is to develop the abilities, skills and potential of employees rather than merely controlling physical resources or things. The statement emphasises that effective management focuses on people development and human relations in the organisation. Therefore, the correct answer is (A) Lawrence A. Appley.

Explanation of incorrect options:

(B) R. C. Davis:
This option is incorrect because R. C. Davis did not give this statement related to management.

(C) Keith and Gubelline:
This option is incorrect because Keith and Gubelline are not associated with this quotation.

(D) George R. Terry:
This option is incorrect because George R. Terry is known for other contributions to management, not for this statement.

Conclusion:
The statement emphasizes that management mainly focuses on developing people and their abilities rather than only directing physical resources. This statement was given by Lawrence A. Appley. Hence, the correct answer is (A) Lawrence A. Appley.

Q2 FREE PREVIEW

Management is related to:

a

Physical resources

b

Human resources

c

Both the above

d

None

✓ Correct answer: c)

Both the above

Explanation

C) Both the above

Management deals with both physical resources and human resources.

  • Physical resources include materials, machines, money, buildings, etc. Management ensures their proper use and coordination.
  • Human resources refer to people (employees/workers). Management involves guiding, motivating, and supervising them to achieve organizational goals.

Since management handles both types of resources together, the correct answer is Option C (Both the above).

Q3

Which level of management is directly related to labour?

a

Top Level

b

Middle Level

c

Lower Level

d

All of these

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Q4

Which of the following is not an objective of management ?

a

Earning profits

b

Growth of the organisation

c

Providing employment

d

Policy making

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Q5

Management is an art of

a

doing work himself

b

taking work from others

c

both (A) and (B)

d

none of these

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Q6

The foremost need in development of a country is of

a

Physical resources

b

Economic resources

c

Efficient management

d

None of these

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Q7

How many levels of management are there?

a

4

b

3

c

2

d

1

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Q8

"Management always works by keeping an end result or aim of the organisation. All activities of managers are directed towards the end result." From the above statement, identify the feature of management.

a

Management is multidimensional

b

Management is continuous

c

Management is intangible

d

Management is a goal oriented process

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Q9

Akash Industries has installed a waste recycling plant in its premises and does not dump their waste material anymore. This plant is providing employment to many people. Identify the objective of management which the company is achieving by doing the aforesaid activity.

a

Social objective

b

Economic objective

c

Personal objective

d

Growth

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Q10

Management is

a

an art

b

a science

c

both art and science

d

neither art nor science

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Q11

Coordination is established

a

between groups

b

between departments

c

between management and employees

d

all of these

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Q12

The nature of management is

a

as an inborn ability

b

as an acquired ability

c

(A) both (B) and

d

none of these

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Q13

Management is a delicate responsibility as it involves

a

Money

b

Machine

c

Men

d

Materials

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Q14

"Coordination unifies unrelated interests into purposeful work activity." Identify the nature of coordination.

a

Coordination is an all pervasive function

b

Coordination is a continuous process

c

Coordination ensures unity of action

d

Coordination integrates group efforts

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Q15

Coordination is

a

voluntary

b

necessary

c

unnecessary

d

wastage of time

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Q16

How does a manager achieve his objectives?

a

Through efficiency

b

Through effectiveness

c

Through efficiency and effectiveness

d

None of these

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Q17

According to George R. Terry, the functions of management are

a

2

b

4

c

6

d

None of these

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Q18

The essence of management is

a

Coordination

b

Organisation

c

Staffing

d

None of these

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Q19

The key position of top-level management is _____________ .

a

Managing Director

b

Production Manager

c

Marketing Manager

d

Plant Supervisor

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