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Commerce Exam  >  Commerce Tests  >  Test: Principles Of Management - 1 - Commerce MCQ

Test: Principles Of Management - 1 - Commerce MCQ


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10 Questions MCQ Test - Test: Principles Of Management - 1

Test: Principles Of Management - 1 for Commerce 2024 is part of Commerce preparation. The Test: Principles Of Management - 1 questions and answers have been prepared according to the Commerce exam syllabus.The Test: Principles Of Management - 1 MCQs are made for Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Principles Of Management - 1 below.
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Test: Principles Of Management - 1 - Question 1
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The principal must give compensation to his agent in respect of injury caused to an agent by the ________________.

Detailed Solution for Test: Principles Of Management - 1 - Question 1
The principal is responsible for compensating the agent for injuries caused due to the principal's neglect, lack of skill, or lack of knowledge.
Test: Principles Of Management - 1 - Question 2
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The person who gave the thought of breaking the work and responsibility between labor and management for optimizing the way tasks are performed was?

Detailed Solution for Test: Principles Of Management - 1 - Question 2
Fredrick W. Taylor is known as the father of scientific management and proposed the division of labor and responsibility between workers and management.
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Test: Principles Of Management - 1 - Question 3
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The Human Relations Theory rejects ___________.

Detailed Solution for Test: Principles Of Management - 1 - Question 3
Human Relations Theory rejects formal institutionalization and emphasizes the importance of human motivation and informal work groups.
Test: Principles Of Management - 1 - Question 4
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A manager is an entrepreneur as he initiates change and takes the risk involved in it. This is _______ role of the manager.
Detailed Solution for Test: Principles Of Management - 1 - Question 4
The decisional role involves making decisions, initiating change, and taking risks, which is why the manager is considered an entrepreneur in this context.
Test: Principles Of Management - 1 - Question 5
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Which one of the following is not a component of Attitudes?
Detailed Solution for Test: Principles Of Management - 1 - Question 5
Efficient is not a component of attitude. The three components of attitude are cognitive (thoughts), affective (feelings), and behavioral (actions).
Test: Principles Of Management - 1 - Question 6
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______ is the use of scientific methods to define the "One best way" for a job to be done.
Detailed Solution for Test: Principles Of Management - 1 - Question 6
Scientific management uses time and motion studies to determine the best way to perform a task, which was advocated by Frederick W. Taylor.
Test: Principles Of Management - 1 - Question 7
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Writing a letter with 'you-attitude' means __________________.
Detailed Solution for Test: Principles Of Management - 1 - Question 7
'You-attitude' focuses on the reader's perspective and their needs, ensuring the communication is reader-centered.
Test: Principles Of Management - 1 - Question 8
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Consider the following statements:

  1. The terms 'Administration' and 'Management' are synonymous.
  2. Administration is a wider term than Management.
  3. Management is a wider term than Administration.
  4. Management is a narrower term than Administration.
  5. Administration encompasses activities like establishing policies and objectives, designing the organizational structure, etc.
  6. Management is concerned with those operations leading an organization toward success, which is the broader framework set up by Administration.

Select the correct codes:
Detailed Solution for Test: Principles Of Management - 1 - Question 8

Administration refers to higher-level activities such as policy formulation, while management focuses on implementing these policies and organizing day-to-day operations.

Test: Principles Of Management - 1 - Question 9
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Clarification to employees about how well they are doing and what can be done to improve performance are examples of which function of communication?
Detailed Solution for Test: Principles Of Management - 1 - Question 9
Communication that helps improve performance by providing feedback and direction is part of the motivational function.
Test: Principles Of Management - 1 - Question 10
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When the minimum amount of resources is needed to produce goods and services, it is called __________.
Detailed Solution for Test: Principles Of Management - 1 - Question 10
Efficiency refers to producing goods and services using the minimum amount of resources.
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