Business Studies: CUET Mock Test - 6 - Commerce MCQ

Planning is deciding in advance what to do, how to do when to do, and who is to do it. Planning involves setting objective sand developing appropriate courses of action to achieve these objectives.

Water pollution can be identified by testing its PH level and Biological Oxygen Demand (BOD)  Water pollution is the contamination of water bodies (e.g. lakes, rivers, oceans, aquifers and groundwater). This form of environmental degradation occurs when pollutants are directly or indirectly discharged into water bodies without adequate treatment to remove harmful compounds. Acid rains, dumping of chemicals into the water by individuals, industries, and communities.; steam from coal mine drainage etc affect the pH of the water in its reservoir. Thus by testing the pH of water, on the scale from 1 to 14, the pollution in water can be identified.  Biochemical oxygen demand is a measure of the quantity of oxygen used by microorganisms (e.g., aerobic bacteria)  in the oxidation of organic matter. This value varies with the amount of pollution in water hence pollution can be determined by BOD.

So, the correct answer is 'Both a and b'.

Efficiency means doing the task correctly and with minimum cost.
Effectiveness in management is concerned with doing the right task, completing activities and achieving goals.

A process is an instance of program execution. This means, for example, that if you open up two browser windows then you have two processes, even though they are running the same program.
The life-cycle of a process can be described by a state diagram which has states representing the execution status of the process at various times and transitions that represent changes in execution status.
The operating system maintains management information about a process in a process control block (PCB). Modern operating systems allow a process to be divided into multiple threads of execution, which share all process management information except for information directly related to execution. This information is held in a thread control block (TCB).
Threads in a process can execute different parts of the program code at the same time. They can also execute the same parts of the code at the same time, but with different execution state:
They have independent current instructions; that is, they have (or appear to have) independent program counters.
They are working with different data; that is, they are (or appear to be) working with independent registers

Management is an intangible force as we cannot feel or touch it. The presence of management can be felt in the way an organization functions.

MANAGEMENT is all about the art of getting things done through others. All the elements are non-living and can be controlled in an organisation but we need people to manage and direct the non-living things into most productive uses.

Organizational objective is not concerned with supply of quality goods as it is a concern of operational level of management.

Chief marketing officer and managing director is a part of top level management. Top Management consist of the senior-most executives of the organisation by whatever name they are called.

As a result of these developments the management has reached a stage where everything is to be managed professionally. The entry to any profession is restricted through a prescribed qualification. But there is no restriction on anyone being appointed as a manager in any business enterprise.

Effectiveness in management is concerned with doing the right task, completing activities and achieving goals.

• The three levels of management typically found in an organization are low-level management, middle-level management, and top-level management.
• Top-level managers are responsible for controlling and overseeing the entire organization.

The board of directors, president, vice-president, and CEO are all examples of top-level managers.

These managers are responsible for controlling and overseeing the entire organization. They develop goals, strategic plans, company policies, and make decisions on the direction of the business.

Cooperation is the act of cooperating or acting together for a common goal, with the goal of assisting one another. It is more or less active help from a person, organization, or other entity

The work performed by top level management is complex and stressful as their basic task is to integrate diverse elements and coordinate the activities of different departments according to the overall objectives of the organisation.

Efficiency means doing the task correctly and with minimum cost.
Effectiveness in management is concerned with doing the right task, completing activities and achieving goals.

Management is a group activity. Management is an activity which is necessary wherever there is a group of people working in an organization.

Objectives of management include organizational, social and personal. So political objective is not an objective if management. 

Providing facility of school and hospital is the social objective of management. Social objectives it involves the creation of benefit for society.

Yes management is both science and art. Science can be defined as systematic body of the knowledge. Its principles are based on a cause and effect relationship.

The word management denotes a function, a task, a discipline.

 Effectiveness in management is concerned with doing the right task/completing activities/achieving goals within the prescribed time. In other words, it is concerned with end results.

They are the ones, responsible for developing the policies and goals for the organization. On the other hand, middle level managers interpret these policies in terms of plans and objectives and works towards implementing them with the help of the operational management. The operational management as per the instructions of the middle management directly oversees the actual work process.

Coordination is not a separate function of management but it is the essence of management. Any organization has different types of department. All These departments have their own set of work,while doing this work, there is high probability of some clashes,and that's the time we need coordination. Management synchronizes the activity of different departments and individuals towards the achievement of organizational goal.

Business risk is the uncertainty of profit due to various seen and unforeseen causes when there is inadequate profit or even losses its because of some such causes which itself is business risk.

Non-economic activities are those activities which do not generate any income or money while they are carried out. Patriotism, sentiment, sympathy are all emotions, feelings of an individual whereas teaching is an activity which involves money transfer after it is carried out (unless it is intentionally carried out without any pay). Because a teacher gets salary for teaching, it is not an example of non-economic activity.

The three R's – reduce, reuse and recycle. It all help to cut down on the amount of waste thrown away. 
They conserve natural resources, landfill space and energy. Plus, the three R's save land and money communities must use to dispose of waste in landfills.

The objectives of management are organizational, social & personal. Policy making comes under planning which is one of the function of management.

Coordination is the force that binds all the other functions of management. It is however, the essence of management, for achieving harmony among individual efforts towards the accomplishment of group goals. 

Policies and strategies are formulated under planning which is a function of management. Planning is deciding in advance what to do, how to do when to do, and who is to do it. Planning involves setting objective sand developing appropriate courses of action to achieve these objectives.

Middle level management is the link between top and lower level managers. So middle level manager consist of finance manager. President and chairman are a part of top level management and a supervisor comes under operational or supervisory level.