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B Com Exam  >  B Com Tests  >  Test: Introduction to Management - 1 - B Com MCQ

Test: Introduction to Management - 1 - B Com MCQ


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10 Questions MCQ Test - Test: Introduction to Management - 1

Test: Introduction to Management - 1 for B Com 2024 is part of B Com preparation. The Test: Introduction to Management - 1 questions and answers have been prepared according to the B Com exam syllabus.The Test: Introduction to Management - 1 MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Introduction to Management - 1 below.
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Test: Introduction to Management - 1 - Question 1
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What are the four primary functions of management mentioned in the text?

Detailed Solution for Test: Introduction to Management - 1 - Question 1
The correct answer is Option A. Planning, Organizing, Leading, and Controlling are the four primary functions of management, as mentioned in the text. These functions are essential for effective management.
Test: Introduction to Management - 1 - Question 2
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Which function of management involves the measurement of organizational performance and taking corrective actions?

Detailed Solution for Test: Introduction to Management - 1 - Question 2
The correct answer is Option D. Controlling is the function of management that involves measuring organizational performance against standards and taking corrective actions when necessary.
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Test: Introduction to Management - 1 - Question 3
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What is the key difference between Management and Administration, as mentioned in the text?

Detailed Solution for Test: Introduction to Management - 1 - Question 3
The correct answer is Option A. According to the text, management primarily focuses on policy implementation, while administration is responsible for policy formulation.
Test: Introduction to Management - 1 - Question 4
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What is the main purpose of the Staffing function in management?
Detailed Solution for Test: Introduction to Management - 1 - Question 4
The correct answer is Option C. The main purpose of the Staffing function in management is to recruit and appoint qualified individuals to various positions within the organization.
Test: Introduction to Management - 1 - Question 5
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Which phase of the Management by Exception system involves the analysis of past and present data to make future projections?
Detailed Solution for Test: Introduction to Management - 1 - Question 5
The correct answer is Option B. In the Management by Exception system, the Projection Phase involves the analysis of past and present data to make future projections.
Test: Introduction to Management - 1 - Question 6
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What is the main advantage of the Management by Exception system?
Detailed Solution for Test: Introduction to Management - 1 - Question 6
The correct answer is Option C. The main advantage of the Management by Exception system is that it saves time and allows managers to concentrate on critical problems, rather than routine tasks.
Test: Introduction to Management - 1 - Question 7
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In the Management by Objectives (MBO) process, what is the significance of setting clear objectives for employees?
Detailed Solution for Test: Introduction to Management - 1 - Question 7
The correct answer is Option B. Setting clear objectives for employees in the Management by Objectives (MBO) process leads to job satisfaction and loyalty among employees.
Test: Introduction to Management - 1 - Question 8
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Which function of management is responsible for creating an organizational structure and assigning tasks to individuals or groups?
Detailed Solution for Test: Introduction to Management - 1 - Question 8
The correct answer is Option C. Organizing is the function of management responsible for creating an organizational structure and assigning tasks to individuals or groups.
Test: Introduction to Management - 1 - Question 9
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What does the Coordination function in management primarily involve?
Detailed Solution for Test: Introduction to Management - 1 - Question 9
The correct answer is Option B. The Coordination function in management primarily involves supervision and motivation of employees to work together effectively.
Test: Introduction to Management - 1 - Question 10
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In the Management by Exception system, what is the purpose of the Comparison Phase?
Detailed Solution for Test: Introduction to Management - 1 - Question 10
The correct answer is Option A. The purpose of the Comparison Phase in the Management by Exception system is to identify critical problems that require immediate attention.
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