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13. 15. Therefore, a modification named Gang Plank is introduced to cope up in an emergency wherein managers at same level can connect to each other directly without following the long chain of communication. “Unity is Strength” is the principle which should be practised main the people working for the organisation. This reduces a lot of time and helps in effective performance. For example, a box where employees can put in their suggestions in form of a chit either anonymously or disclosing their name , and the management can read all the suggestions time to time. 2. 1. Authority is both formal and informal.  Responsibility is corollary of authority. (d) Equity. … Answer: c (b) Differential piece wage system Explanation: (c) Unity of command Text cases as assigned by instructor. All the units of an organization should move towards the same objective through coordinated and dedicated efforts. (d) None of the above. (c) Functional foremanship This statement implies that the principles of management are (d) All of the above. (b) Centralisation and decentralisation (c) Universally applicable (d) All of the above. Coordination — The Essence of Management, 1. → Meeting changing enviornment requirements: Management principles are flexible to adapt to dynamic business environment. It provides a clear picture of the forms of principles of management. (d) Order. Related Read: Check Business Studies Syllabus For Class 12. Positive impacts of this principle include clear communication of information, systematic communication in the organization and faster solution. (a) Cause and effect relationships (a) Rigid Henri Fayol ( 29 July 1841 – 19 November 1925 ) was a French management theorist. The principles of pure science is considered to be _________ in nature. 300+ TOP Principles of Management Class 12 MCQs 1. (c) Harmony, not discord Management principles help in thoughtful decision-making. (c) The principles of management are in the continuous process of evolution. The formal chain of communication which connects people from high ranks to people from lower ranks is known as scalar chain. (c) Formed by practice and experimentation Name the technique. Principles of management can be modified by the manager when the situation demands. According to Fayol, there should be one and only one superior for every individual subordinate. Answer: c Ans: Principle of Unity of Command implies that each and every subordinate should have one and only one boss. these days as well. (b) The real business situations are dynamic. Solution notes for CBSE class 12 business studies chapter 2 will help students to score good marks in the upcoming exams. Text: Principles of Management, Student Achievement Series by Ricky W. Griffin, 2007. It is rightly said, “United we stand,  Divided we fall” and can be observed true when all the employees work overtime in order to meet the targets of the month. (c) Through the technique of functional foremanship, Taylor suggested appointment eight specialists to monitor various aspects of a job. Nature and Significance of Management class 12 Notes Business Studies. Selected videos and handouts. (d) Mainly behavioural, 11. (b) Authority and responsibility Explanation: 22. Learn the concepts of Business Studies Principles of Management with Videos and Stories. (d) Human resource... 3. Which of the following statements is/are true with reference to principles of management? Maintenance of order will avoid delay in any of the activities performed by the organisation. (d) None of the above. The principles of management enhance the understanding of relationship between human and material resources for the achievement of organisational goals. Through this principle of management, Henri Fayol guides the managers to exhibit exemplary behaviour and advises that they should not fall into temptation of misusing their powers for personal benefit at the cost of general interest of the organisation. (a) Time study Explanation: Answer: b Explanation: Explanation: Name the principle of management suggested by Henri Fayol, which advocates that, “there should be good superiors at all levels, clear and fair agreement and judicious application of penalties.” All rights reserved. (b) It is a procedure which involves a series of steps to be taken. (d) All of the above. Decentralisation ,on the other hand means dispersal of this power to more number of subordinates. There is need for patient superiors at all levels, so that they can guide other employees at the right time along with strict action to be taken, if required. Which of the following statements best defines the techniques of management? CBSE Class 12 Case Studies In Business Studies – Principles of Management. (a) Remuneration of employees Centralisation means concentration of decision making power in few hands. (b) Adopting a hit-and-trial approach to resolve management problems How is the Principle of ‘Unity of Command’ useful to management? (d) None of the above. Principles of management | business studies | class 12 | part 2Must like n share the video guys..! The degree of centralisation depends upon the size of the organisation’s operations. (b) Method study The application of this principle of management leads to higher production and better work for the same effort. NCERT Solutions for Class 12 Business Studies Chapter 2 Principles of Management. (a) Discipline It is necessary to achieve organizational goals on time and through minimum cost. (b) Co-operation, not individualism Principle of Managment CBSE Class 12th 1. Candidates who are ambitious to qualify the Class 12 with good score can check this article for Notes. (b) Science, not rule of thumb Explanation: 27. Chapter 1 – Nature and Significance of Management. Class 12 Business Studies Principles of Management – Get here the Notes for Class 12 Business Studies Principles of Management. (c) Subordination of individual interest to general interest Which principle of management is being described in the above statement? Principles of Management Class 12 Business Studies MCQs Pdf. They emphasise logic rather than blind faith. ALL INDIA SENIOR SECONDARY CERTIFICATE EXAMINATION – 2014-15 Project Of Business Studies PRINCIPLES OF MANAGEMENT SUBMITTED TO: AMIT RAJPUT (P.A Commerce) DPS SUBMITTED BY:YASH AGARWAL XII- … There should exist proper balance between authority and reponsibility. Answer: c To know more, stay tuned to BYJU’S. ... Project on Principles of management-Business studies project work Ravi Singh. These notes are written by subject experts keeping in mind the CBSE guidelines. Human behaviour is never static and so also technology, which affects business. Instructional Methodology. (a) The principles of management have evolved. 19. They deal with human behaviour and, thus, are to be applied creatively given the demands of the situation. Explanation: Management is a balancing act, and to help managers perform there are Principles of Management. This solution contains questions, answers, images, explanations of the complete chapter 2 titled Principles Of Management taught in Class 12. (d) Universally applicable, 10. Which of the following is an objective of time study? sr_2018. (b) Esprit De Corps (c) Principles of Management are said to be evolutionary in nature as these principles have evolved over a long period of time with continuous practice and experimentation. Any job insecurity for employees may result in dishonest behaviour of them towards the organisation and would force them to leave the organization. Team members all work towards a common goal using the same plan to reach the shared objective. According to this principle of general management, “an organisation should safeguard against abuse of managerial power, but at the same time a manager should have the necessary authority to carry out his responsibility.” Name the principle of management being described in the given statement. March 22, 2019. (b) Remuneration of employees (c) Psychologist 8. The principles of management have been developed on the basis of Responsibility is the state of being answerable, and accountable for some tasks done by a person. (c) The principles of management are in the continuous process of evolution. (a) The principles of... 2. (d) All of the above. Home » Principles of Management Class 12 Questions » 300+ TOP Principles of Management Class 12 MCQs. Standardisation of work refers to the process of setting … (a) The principles of management have evolved. 30. (a) Harmony, not discord All employees should be dealt with utmost fair treatment. (a) Mechanical engineer (d) The correct answer is fatigue study. (b) Flexible Explanation: Register for Online tuition on Vedantu.com to score more marks in … (a) Science, not rule of thumb Case Studies –(Chapter -2) Principles of Management, BST Class 12 Case Studies –(Chapter -2) Principles of Management, BST Class 12 ... Principles of Management, BST Class 12 Full Screen Case Studies –(Chapter -2) Principles of Management Q. (a) Standardisation and simplification of work Answer: c (a) Science, not rule of thumb (d) The correct answer is Discipline. According to this principle of scientific management, “Scientific management has for its foundation the firm conviction that true interest of the management and workers are one and the same; the prosperity for the employer cannot exist for a long time unless it is accompanied by prosperity for the employees and vice versa.” – It reflects to a statement that reflects the fundamental verity about some factor based on cause and effect kinship. Re… (c) Through the technique of simplification, Taylor suggested elimination of unnecessary diversity of products. Principles of Management: Definition. Most Asked Technical Basic CIVIL | Mechanical | CSE | EEE | ECE | IT | Chemical | Medical MBBS Jobs Online Quiz Tests for Freshers Experienced. (d) All of the above, 23. (Name of the student)…….. Of class 12 has successfully completed the Business Studies Project as per the guidelines of class XII Board examination conducted by C.B.S.E. (b) The principles of management are yet to be evolved. 28. (d) Functional foremanship. So stability of personnel should be maintained in an organisation as it is considered healthy for growth and prosperity of the business. (b) Taylor believes that there was only one method to maximize efficiency which can be developed to study and analysis. (c) Equity (a) According to Fayol, due care should be taken while carrying out the recruitment and selection process and the new recruits should be placed at a particular position for a sufficient tenure. (b) Reward the efficient worker (d) None of the above. By profession, FW Taylor was a (adsbygoogle = window.adsbygoogle || []).push({}); Principles of Management are statements, based on fundamental truths. Required fields are marked *. If you are a student of Class 12 who is using NCERT Textbook to study Business Studies, then you must come across chapter 2 Principles Of Management. Answer: b Answer: c (a) Motion study 26. June 3, 2019 by Bhagya Principles of Management – CBSE Notes for Class 12 Business Studies 1. (d) Unity of direction. (a) The real business situations are complex. (c) Development of each and every person to his or her greatest efficiency and prosperity Principles of management advocated by Fayol are known as general principles of management as these are applicable in all types of organizations in all countries. This way of connecting superiors to subordinates ensure proper chain of command. Learn the concepts of Class 12 Business Studies Principles of Management with Videos and Stories. This is because larger interests of stakeholders are more important than interest of any one person. (d) The concept of work study includes time study, motion study, fatigue study and method study. Answer: d For example, management principles emphasise division of work and. Students can download the pdf NCERT class 12 revision notes business studies chapter 2 solution free of cost. 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