Chapter 16: Management of Business — Online MCQ Test
SOCIAL SCIENCE · CLASS 9th · Karnataka State Board
Practice Chapter 16: Management of Business with a free chapter-wise online MCQ test.
This chapter covers: Focusing on business principles this chapter details management concepts principles planning organizing directing controlling and decision-making processes..
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Chapter 16: Management of Business — Important Questions & Answers
What is the main purpose of management in a business?
- A. To increase waste and losses
- B. To achieve goals effectively and efficiently
- C. To avoid all planning
- D. To reduce the need for workers
Answer: B. To achieve goals effectively and efficiently
Management helps a business use its resources properly to achieve its goals in the best possible way.
Management helps a business use its resources properly to achieve its goals in the best possible way.
Which of the following is the first step in the management process?
- A. Controlling
- B. Directing
- C. Planning
- D. Organizing
Answer: C. Planning
Planning comes first because it decides what has to be done and how it should be done.
Planning comes first because it decides what has to be done and how it should be done.
A company sets sales targets for the next year and decides the steps needed to achieve them. This is an example of:
- A. Planning
- B. Controlling
- C. Recruitment
- D. Inspection
Answer: A. Planning
Planning includes fixing goals and deciding the actions needed to reach them.
Planning includes fixing goals and deciding the actions needed to reach them.
A school canteen manager notices that food is being wasted. He introduces portion control and checks the daily use of ingredients. What is this an example of?
- A. Planning only
- B. Controlling and correcting action
- C. Recruitment
- D. Public relations
Answer: B. Controlling and correcting action
The manager is monitoring performance and taking steps to reduce waste, which is part of controlling.
The manager is monitoring performance and taking steps to reduce waste, which is part of controlling.
A manager chooses between two suppliers: one offers low price but late delivery, the other offers slightly higher price with timely delivery. Which principle of management is mainly involved?
- A. Decision-making
- B. Advertising
- C. Production scheduling only
- D. Warehousing
Answer: A. Decision-making
The manager must compare alternatives and choose the best option, which is decision-making.
The manager must compare alternatives and choose the best option, which is decision-making.