Maharashtra Board 11th OCM Important Questions Chapter 8 Introduction to Management

Balbharti Maharashtra State Board 11th OCM Important Questions Chapter 8 Introduction to Management Important Questions and Answers.

Maharashtra State Board 11th Commerce OCM Important Questions Chapter 8 Introduction to Management

Select the correct option and rewrite the sentences

Question 1.
Management is a …………………. process.
(a) stable
(b) continuous
(c) one time
Answer:
(b) continuous

Question 2.
Formulating the plan is the main function of …………………. level management.
(a) top
(b) middle
(c) lower
Answer:
(a) top

Question 3.
Important, decisions in the business are made by ………………….
(a) management
(b) administration
(c) organisation.
Answer:
(b) administration

Question 4.
Management is a profession because it has ………………….
(a) specialised knowledge
(b) training facilities
(c) code of conduct.
Answer:
(a) specialised knowledge

Question 5.
According to views expressed by different management authorities, management and administration are ………………….
(a) synonymous
(b) different
(c) synonymous and different.
Answer:
(c) synonymous and different.

Question 6.
Management is an …………………. to co-ordinate groun efforts attaining the cherished goals of the business.
(a) activity
(b) process
(c) objective.
Answer:
(a) activity

Question 7.
…………………. is the basic and motivating factor of management.
(a) Human element
(b) Capital
(c) Direction.
Answer:
(a) Human element

Question 8.
Top management does …………………. and …………………. function.
(a) supervisory
(b) operative
(c) determination and administration.
Answer:
(c) determination and administration.

Question 9.
Management is a …………………. activity.
(a) group
(b) individual
(c) social.
Answer:
(a) group

Question 10.
Management is a …………………. science.
(a) social
(b) physical
(c) natural.
Answer:
(a) social

Question 11.
There are …………………. levels of management in a organisation.
(a) two
(b) four
(c) three.
Answer:
(c) three.

Question 12.
Management means to ………………….
(a) order
(b) co-ordinate
(c) help.
Answer:
(b) co-ordinate

Question 13.
Management motivates the emplovees to ………………….
(a) work hard
(b) take initiative
(c) earn more.
Answer:
(a) work hard

Question 14.
Management ensures the optimum use of ………………..
(a) blackmoney
(b) resources
(c) international market.
Answer:
(b) resources

Match the pairs

Question 1.

Part A	Part B
(a) Management	(1) Administration function
(b) Policy Making	(2) Human knowledge
(c) Thinking Function	(3) Top level management
(d) Doing Function	(4) Lower level management
(e) Top level management	(5) Middle level management
	(6) Management function
	(7) Knowledge of Administration
	(8) Board of Directors

Answer:

Part A	Part B
(a) Management	(2) Human knowledge
(b) Policy Making	(3) Top level management
(c) Thinking Function	(1) Administration function
(d) Doing Function	(6) Management function
(e) Top level management	(8) Board of Directors

Question 2.

Part A	Part B
(a) Management	(1) Regular practice
(b) Management as an Art	(2) Can be seen
(c) Top Level Management	(3) Administration
(d) Management as a Profession	(4) Universal in nature
(e) Lower Level Management	(5) Code of conduct
	(6) Evaluate performance
	(7) Foreman
	(8) Selective
	(9) Directing subordinates to complete task
	(10) Cause effect relationship

Answer:

Part A	Part B
(a) Management	(4) Universal in nature
(b) Management as an Art	(1) Regular practice
(c) Top Level Management	(6) Evaluate performance
(d) Management as a Profession	(5) Code of conduct
(e) Lower Level Management	(7) Foreman

Question 3.

Part A	Part B
(a) Systematic Body of knowledge	(1) Top level management
(b) Lower level management	(2) Management as an art.
(c) Management as universal process	(3) Board of Directors.
(d) Management as profession	(4) Practice oriented
(e) Direction and control.	(5) Service motive
	(6) Technical skills
	(7) Applicable to all organization.
	(8) Management as a science.
	(9) Applicable to business organization

Answer:

Part A	Part B
(a) Systematic Body of knowledge	(8) Management as a science.
(b) Lower level management	(6) Technical skills
(c) Management as universal process	(7) Applicable to all organization.
(d) Management as profession	(5) Service motive
(e) Direction and control.	(1) Top level management

Give one word / phrase / term

Question 1.
The activity which aims at achieving a definite goal.
Answer:
Management

Question 2.
Level of management requiring analytical or conceptual skill.
Answer:
Top level management

Question 3.
Another name for lower level management.
Answer:
Supervisory or Operational level

Question 4.
Level of management requiring human skills.
Answer:
Middle level management

Question 5.
Level of management which performs administrative functions.
Answer:
Top level management

Question 6.
Level of management that takes policy decision.
Answer:
Top level management

Question 7.
The highest level of management in the hierarchy.
Answer:
Top level management

Question 8.
The level which executes the policy.
Answer:
Middle level management

Question 9.
The level of management which requires few people.
Answer:
Top level management

Question 10.
The level of management which requires large number of persons.
Answer:
Lower level management

Question 11.
Levels of management which consists of supervisors and foremen.
Answer:
Lower level management

Question 12.
Level of management which consists of departmental managers.
Answer:
Middle level management

Question 13.
Level of management which consists of chairman and board of directors.
Answer:
Top level management

Question 14.
State the level of management in which Class-I executives are involved.
Answer:
Top level management

Question 15.
The art of directing and inspiring people.
Answer:
Management

Question 16.
The application of skill and knowledge to bring the desired result.
Answer:
Management as an art

Question 17.
Level of management that evaluates the performance of various departments.
Answer:
Top level management.

State True or False

Question 1.
There are no separate levels of management in an organization.
Answer:
False

Question 2.
Management aims at achieving goals for its organization.
Answer:
True

Question 3.
Management is an universal process.
Answer:
True

Question 4.
Management aims at achieving goals for its organization.
Answer:
True

Question 5.
Management is a profession.
Answer:
True

Question 6.
Management is a continuous process.
Answer:
True

Question 7.
Management aims at achieving business objectives.
Answer:
True

Question 8.
Objective of management is to obtain minimum output and maximum input.
Answer:
False

Question 9.
Management has to maintain good relations with all.
Answer:
True

Question 10.
Management is a perfect art.
Answer:
False

Question 11.
Management is neither a pure science nor a fine art.
Answer:
True

Question 12.
Profession do not have any ethics or code of conduct.
Answer:
False

Question 13.
Board of Directors are the part of lower management.
Answer:
False

Question 14.
The top level management is administrative in nature.
Answer:
True

Question 15.
The managers receive orders and instructions from lower level of management.
Answer:
False

Question 16.
Middle level management interprets and communicates the policies to top level management.
Answer:
False

Question 17.
Management is an art, a science and a profession.
Answer:
True

Question 18.
We cannot make any changes in the field of management.
Answer:
False

Question 19.
The professional manager does not need special knowledge and skill.
Answer:
False

Question 20.
Management is required to conduct business as well as non-business activity.
Answer:
True

Question 21.
Management helps in using the resources properly.
Answer:
True

Question 22.
Management is required even for a very small business.
Answer:
True

Question 23.
Management is an art only.
Answer:
False

Question 24.
Management cannot be considered as a business.
Answer:
True

Question 25.
Top level management performs the function of planning.
Answer:
True

Question 26.
Lower level management is engaged in the policy making.
Answer:
False

Question 27.
Levels of management are done according to the size of the organization.
Answer:
True

Find the odd one

Question 1.
Characteristics of Management Goal-oriented, Group Activity, Tangible, Continuous process.
Answer:
Tangible.

Complete the sentences

Question 1.
Administration is the involvement of ………………. management.
Answer:
Top

Question 2.
………………. deals with setting, seeking and reaching objectives.
Answer:
Management

Question 3.
Management has ………………. objectives.
Answer:
pre-determined

Question 4.
Supervisor level of management is directly linked to the ………………. functions of the firm.
Answer:
Routine

Question 5.
Lower level management is also known as ………………. management.
Answer:
Supervisory

Question 6.
………………. is an art of getting things done through others.
Answer:
Management

Question 7.
Generally there are ………………. levels of management in the organisation.
Answer:
Three

Question 8.
Management is ………………. oriented.
Answer:
Goal

Question 9.
Management is a ………………. science.
Answer:
Social

Question 10.
At the ………………. level of management, personnel are few.
Answer:
Top

Question 11.
Management means to ……………….
Answer:
Co-ordinate

Question 12.
Management has to satisfy unlimited want through limited ……………….
Answer:
Means

Question 13.
Management is an ………………. of getting work done through others.
Answer:
Art

Question 14.
Management is co-ordination of ………………. and physical resources.
Answer:
Human

Question 15.
A professional charges ………………. for his services.
Answer:
Fees

Question 16.
Management is done to achieve ……………….
Answer:
Goal/objective

Question 17.
Management is getting things done through ……………….
Answer:
Others

Question 18.
The word management is derived from Italian word ……………….
Answer:
Maneggiare

Question 19.
Implementation of policies is the function of ………………. level management.
Answer:
Lower

Question 20.
Every profession has a ………………. of conduct.
Answer:
Code

Question 21.
Management is derived from ………………. words.
Answer:
Two Latin.

Select the correct option

Question 1.
(Levels of Management, Lower Level Management, Management, Code of conduct, Board of Directors).

Part A	Part B
(1) Continuous Process	—————
(2) —————	Top Level Management
(3) Top, Middle, Lower	—————
(4) Profession	—————
(5) ————-	Lower Level Management

Answer:

Part A	Part B
(1) Continuous Process	Management
(2) Board of Directors	Top Level Management
(3) Top, Middle, Lower	Levels of Management
(4) Profession	Code of conduct
(5) Supervisory Level	Lower Level Management

Answer in one sentence

Question 1.
What is Italian word for ‘manage’.
Answer:
Italian word for ‘manage’ is ‘maneggiare’ meaning to handle.

Question 2.
Name the executive related to top level management.
Answer:
Executives related to top level management are – Board of Directors, President, Chief Executive Officer, Directors, etc.

Question 3.
Name the executives related to middle level management.
Answer:
Executives related to middle level management are Finance manger, Production manager, Sales manager, etc.

Correct the underlined word and rewrite the following sentences

Question 1.
Management is tangible in nature.
Answer:
Management is intangible in nature.

Question 2.
Management is one time process.
Answer:
Management is continuous process.

Question 3.
Administration is an art of getting things done through others.
Answer:
Management is an art of getting things done through others.

Question 4.
Management is static in character.
Answer:
Management is dynamic in character.

Question 5.
Top Level Management decides short term objectives of the organization.
Answer:
Top Level Management decides long term objectives of the organization.

Question 6.
Finance Manager is an example of lower level management.
Answer:
Superintendent is an example of lower level management.

Question 7.
Drawing, Cycling is a science.
Answer:
Drawing, Cycling is an art.

Study the following case/situation and express your opinion

1. Shankar Patil is an advocate and he is running his profession in a very good manner. His younger brother Prashant Patil has done very beautiful and artistic decoration of his brother’s office with seating arrangement and symbol of Justice as his hobby. Vishwas Patil, older brother of Shankar Patil is a science graduate and doing farming in best way. He exports the farm production.

On the basis of above information:
Question 1.
Identify the source of income of Shankar Patil.
Answer:
Shankar Patil is a lawyer by profession. He is practicing as a Lawyer / an advocate. He render his services to his clients and against that charges fee from them. So, ‘fee’ is the income source of Shankar Patil.

Question 2.
What is the qualification of Prashant Patil as a decorator?
Answer:
Prashant Patil may be or may not be a professional interior decorator. His hobby is decorating the office / houses. He may be an artist and an art does not require any formal education.

Question 3.
Mention two features of profession.
Answer:
Following are the features of profession:
1. Formal Education : Profession needs formal education. Today managers are qualified with management diploma or degrees. They take formal training from management schools which help them to work with perfection.

2. Restricted Entry : The entry in any profession is restricted. It needs a formal education. For example- Lawyer, Doctor, Interior designs, Architect, Chartered Accountant, etc. Such compulsion is not there for becoming a manager.

Justify the following statements

Question 1.
Management is an universal process.
Answer:

1. Management is applicable to all organization whether religious, social or cultural, educational or governmental or non-governmental.
2. All kind of organization have accepted management, as it is required everywhere.
3. Every activity which has to be performed by a group of persons requires effective planning, organizing, co-ordinating, and controlling.
4. Thus, management is an universal process.

Question 2.
There are levels of management in an organization.
Answer:

1. There are three levels of management in an organization.
2. The top level which consists of chairman, board of directors, etc takes care of formulating the board policies of the organization.
3. The middle level does the work of implementing and executing the orders to the lower level.
4. The lower level management does the actual and execution and operating activities.
5. All the three levels are important and they are dependent on each other.
6. Thus, all three levels are required for effective operation of the organization.

Question 3.
Management is a profession.
Answer:

1. It is a specialized body of knowledge and managers are required to have professional skill and training
   to be efficient.
2. It has certain ethical standards.
3. Its motive is service oriented.
4. It requires training which is formal.
5. Thus, Management is considered as a profession.

Question 4.
Management is neither a pure science nor a fine art.
Answer:

1. Management is said to be both an art and a science, as science teaches one to know and art teaches what to do.
2. Management is a science as it is a body of knowledge and generalisation that represents the truth and facts, but it is not a pure science like Physics, Chemistry and Biology.
3. Management is an art of applying the knowledge, but not pure fine arts like painting, dancing, etc.
4. Thus, Management is neither a pure science nor a fine art.

Question 5.
Profession has ethics or code of conduct.
Answer:

1. Profession is well-defined as an occupation which requires specialized skills and ethical standards.
2. Professional managers have to follow code of conduct and ethical standards laid down by the All India Management in India.
3. If they do not follow the code of conduct they can be derecognised and disqualified from the profession.
4. Thus, Profession has ethics and code of conduct.

Question 6.
Management is an art, a science and a profession.
Answer:

1. Management is an art because every manager has to apply his skills, intelligence, creativity for the efficient execution of management activities.
2. It is considered a science because it adopts the cause and effect relationship.
3. It has a scientific approach but deals in human behaviour, therefore called social science.
4. Management is also considered a profession because it is a specialized body of knowledge and managers are required to have professional skills and training to be efficient.
5. Thus, Management is an art, a science, and a profession.

Attempt the following

Question 1.
State the functions of lower-level management.
Answer:
The functions of lower-level management are as follows:

1. Planning day to day working.
2. Acting as a link between the middle level of management and workers.
3. Carrying out the instructions given by the middle-level management.
4. Delegating duties to workers, inspecting and supervising their work.
5. Attending to the problems of workers and making arrangements for their training and development.
6. To maintain discipline and good human relations among the workers.
7. Image building of the enterprise before workers and creating a sense of belongingness.
8. Ensuring the safety of workers, machines, tools, etc.
9. Making arrangements of materials and tools and preventing the misuse and wastage of such material.
10. Providing feedback information about the worker’s problems to the higher authorities.