Please see Chapter 2 Principles of Management Exam Questions Class 12 Business Studies below. These important questions with solutions have been prepared based on the latest examination guidelines and syllabus issued by CBSE, NCERT, and KVS. We have provided Class 12 Business Studies Questions and answers for all chapters in your NCERT Book for Class 12 Business Studies. These solved problems for Principles of Management in Class 12 Business Studies will help you to score more marks in upcoming examinations.
Exam Questions Chapter 2 Principles of Management Class 12 Business Studies
Question: Why are principles of management important?
Answer: Principles of management are important because they help in decision-making, they ensure optimum utilisation of resources, they help in scientific decision-making, help in meeting changing environmental requirements etc.
Question: Describe the concept of mental revolution.
Answer: Mental revolution means transformation in the thinking and attitude of management and workers towards one another. Both should understand the importance of one another. Management should share surplus with workers and the workers in turn should work with full devotion.
Question: Describe the following scientific techniques:
Time study, Fatigue study , motion study, method study.
Answer: Time study: It determines the standard time required to perform a defined job.
Fatigue study: It determines the frequency of rest intervals required to complete a task without getting physically and mentally tired.
Motion study: It aims to eliminate unnecessary movements while doing a work and designs the best method to perform repeated jobs.
Method study: It finds out the best possible way of doing a job after deciding sequence of operations.
Question:Name the work study techniques developed by Taylor?
Answer: Method study, motion study, time study, fatigue study.
Question:Which technique of Taylor differentiates between an efficient and an inefficient worker?
Answer: Differential Piece Wage System.
Question:According to which principle a manager should replace I with We?
Answer: Esprit de corps.
Question:What are principles of management?
Answer: Principles of management are general guidelines for managerial actions.
Question:’Rule of thumb’refers to-
Answer: (a) Use of personal judgement in handling management issues
(b) Adopting a hit and trial approach to resolve management problems
Question:What is centralisation and decentralisation?
Answer: Centralisation: Centralisation means concentration of decision-making power in a few hands.
Decentralisation: Decentralisation means distribution of authority among more than one person.
Question: What is esprit de corps?
Answer: Esprit de corps means that manager should make efforts to develop an environment of unity, harmony and team spirit among the subordinates.
Question: The subordinates in a company receive orders regarding their work from different operative heads for the same task. Which principle of management is being overlooked?
Answer: Unity of command
Question: Which principle states that an employee should receive orders from one superior only?
Answer: Unity of command
Question: Which study decides the sequence of operations beginning from the procurement of raw materials and continuing till the product is finally delivered to consumers.
Answer: Method study
Question: Define gang plank.
Answer: It means direct communication between two employees not in the same chain.
Question: State the role of gang boss in functional foremanship.
Answer: In functional foremanship the role of gang boss is to keep machines and tools ready for operation by workers.
Question: Define division of work.
Answer: Dividing the whole work into relevant number of tasks.
Question: Name the technique of Taylor which is the highest motivator for workers to reach standard performance.
Answer: Differential Piece Wage System.
Question: On which principle of Fayol is Taylor’s technique of functional foremanship based?
Answer: Division of work
Question: The technique of simplification refers to what?
Answer: Eliminating unnecessary diversity of products.
Question: State the main point of difference between unity of command and unity of direction.
Answer: Unity of command: Unity of command means an employee should receive orders from only one boss.
Unity of direction: unity of direction means the efforts of all units of an organisation must be focused towards achievement of organisational goals.
Question:”A proper place for everything and everything in its right place.” With which principle is the statement connected?
Answer: The statement is connected with principle of Order.
