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principles of management class 12

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principles of management class 12

The principles of management serve as broad and general guidelines for the managerial decision making and action. Answer: d It can be concluded that management principles are widely applicable and have cast a profound impact on management thinking in the current period of time. 13. (a) Science, not rule of thumb Principles are a guide to thought and action. Class 12 Business Studies Principles of Management – Get here the Notes for Class 12 Business Studies Principles of Management. Which principle of management is being described in the above statement? (c) Motion study (d) All of the above. How is the Principle of ‘Unity of Command’ useful to management? This way of connecting superiors to subordinates ensure proper chain of command. (c) The principles of management are in the continuous process of evolution. There should be no discrimination among employees relating to their personality or character. 22. (d) Order. So stability of personnel should be maintained in an organisation as it is considered healthy for growth and prosperity of the business. (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. He is also regarded as ‘Father of General Management’. Explanation: (d) Motion study. (adsbygoogle = window.adsbygoogle || []).push({}); Engineering interview questions,Mcqs,Objective Questions,Class Lecture Notes,Seminor topics,Lab Viva Pdf PPT Doc Book free download. Team members all work towards a common goal using the same plan to reach the shared objective. Required fields are marked *. (d) The correct answer is fatigue study. Identify the feature of the principles of management being described in the given statement. (c) Harmony, not discord If he gets order from one superior and is responsible to him only, the work performance report will be made in a better way. (a) It is a set of guidelines to take decisions and actions. 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.” (c) Principles help the manager to take decisions while performing various management functions. (d) All of the above. 8. (a) Functional foremanship Students of class 12 who have opted for Commerce can refer to class 12 notes principles of management pdf and begin their preparations for their final exams. Which of the following statements is/are true with reference to principles of management? Orders and instructions should come from only one head. Discuss the fayol's POM; Elaborate on the difference between Unity of command and direction; Discuss the 14 POM given by him. Ans: Principle of Unity of Command implies that each and every subordinate should have one and only one boss. (d) None of the above. Positive impacts of this principle include clear communication of information, systematic communication in the organization and faster solution. (d) Mainly behavioural, 11. June 3, 2019 by Bhagya Principles of Management – CBSE Notes for Class 12 Business Studies 1. (b) Rigid (d) None of the above. (b) Science, not rule of thumb Answer: d Identify the technique. Most Asked Technical Basic CIVIL | Mechanical | CSE | EEE | ECE | IT | Chemical | Medical MBBS Jobs Online Quiz Tests for Freshers Experienced. 24. (b) Method study According to Fayol, there should be one and only one superior for every individual subordinate. It is further certifying that this project is the individual and bonafide work of the candidate. These are famous words by Henry Mintzberg. (b) Co-operation, not individualism 1. NCERT Solutions for Class 12 Business Studies Chapter 2 Principles of Management. Answer: c Principles of Management: Definition. Fayol had also written several articles on mining engineering, starting in the 1870s, and some research papers on administration. This technique of scientific management helps in development of the concept of assembly line which is widely used in automobile companies these days as well. (a) Harmony, not discord (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. (a) Motion study 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.” Unit Number 319, Vipul Trade Centre, Sohna Road, Gurgaon, Sector 49, Gurugram, Haryana 122018, India, Monday – Friday (9:00 a.m. – 6:00 p.m. PST) Saturday, Sunday (Closed), 7. (c) Method study (d) Through the technique of differential piece rate wage system, Taylor advocated . Answer: c The given statement highlights that the knowledge of principles of management leads to 1. The employees should be paid a reasonable remuneration so as to guarantee them a reasonable standard of living. Moreover, it would become a recurring expenditure for the organization to recruit the personnel time and again. (c) Division of work This motivates the employees to initiate and take part in programmes conducted by the organisation. (c) Through the technique of simplification, Taylor suggested elimination of unnecessary diversity of products. Answer: c Text cases as assigned by instructor. 29. 2. Here, discipline when applied would mean that the workers and management both honours their commitments and fulfill their tasks with utmost dedication without any prejudice towards one another. Which of the following statements is true with reference to principles of management? This ensures unity of action and coordination. (c) Flexible Students can download the pdf NCERT class 12 revision notes business studies chapter 2 solution free of cost. (a) Observation (c) Psychologist (a) Discriminate between efficient and inefficient workers (b) Optimum utilisation of resources and effective administration This will enable employees to develop belongingness with the organisation. In light of this, this project has been undertaken to find out the extent to which Fayol’s principles are being applied in Starbucks Corporation. Moreover, the working of the company will be smooth. It is reflected in the progress of large brands who through their work environment and atmosphere have touched the heights of success. (c) Creative Explanation: Your email address will not be published. This solution contains questions, answers, images, explanations of the complete chapter 2 titled Principles Of Management taught in Class 12. 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. Principles of management | business studies | class 12 | part 2Must like n share the video guys..! (b) The principles of management are yet to be evolved. (d) None of the above. By profession, FW Taylor was a Learn the concepts of Class 12 Business Studies Principles of Management with Videos and Stories. Explanation: Management principle based on the concept that all team members involved in the same activities must share the same objective. Check the below NCERT MCQ Questions for Class 12 Business Studies Chapter 2 Principles of Management with Answers Pdf free download. CBSE quick revision note for class-12 Business Studies, Chemistry, Math’s, Biology and other subject are very helpful to revise the whole syllabus during exam days. (b) Contingent Home » Business Studies Class 12 » Fayol’s Principles of Management, Fayol’s Principles of Management – Introduction. Explanation: Introduction & Meaning & Importance of Business Environment, 1. This principle is pervasive and can be observed at schools, non- profit organizations, household etc. The above mentioned is the concept, that is elucidated in detail about the Nature and Significance of Principles of Management for the class 12 Commerce students. Management is a balancing act, and to help managers perform there are Principles of Management. It is necessary to achieve organizational goals on time and through minimum cost. (b) Mining engineer There are two types of authority are official authority , which is authority to command, and personal authority , which is authority of the individual manager. The principles of management are intended to be applied to all types and sizes of organisations. Explanation: 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. (b) Experimentation Dual subordination should be avoided. (c) Fatigue study Register for Online tuition on Vedantu.com to score more marks in … (d) None of the above. Henri Fayol ( 29 July 1841 – 19 November 1925 ) was a French management theorist. (d) The concept of work study includes time study, motion study, fatigue study and method study. In this post we are sharing with you ,PRINCIPLES OF MANAGEMENT PROJECT ON BIG BAZAAR, for class 12 CBSE .This is a brief outline of the project , you can download complete project for free from the link below . (a) Standardisation and simplification of work They emphasise logic rather than blind faith. 300+ TOP Principles of Management Class 12 MCQs 1. All employees should be dealt with utmost fair treatment. This technique of scientific management aims to determine the amount and frequency of rest intervals that should be provided to the employees during working hours. These notes are written by subject experts keeping in mind the CBSE guidelines. (c) Personal experiences of the manager ‘Rule of thumb’ refers to (a) Authority and responsibility (a) The principles of management have evolved. This can result in tremendous savings of human energy as well as wastage of time and materials.” Identify the related principle of scientific management. This may sometimes lead to distortion of information from one person to another and may also result the process to be delayed. CBSE Class-12 Revision Notes and Key Points. (c) Subordination of individual interest to general interest (d) All of the above. It will also maintain a cordial and good relations between employees and management. (d) Equity. (d) General guidelines, 12. (a) Time study Management is, above all, a practice where art, science and craft meet. (c) Functional foremanship 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. March 22, 2019. Management should keep its hands open to welcome the suggestions from the employees. Download Business Studies Project of Class 12th Strictly according to the latest rules and regulations of CBSE for free. The 14 principles given by Fayol act as a combined solution for the managers to apply in their business practices. It prevents overlapping of activities. (b) Co-operation, not individualism Explanation: (c) Unity of command Considering the fact that it is difficult to find one single person with all the needed qualities, Taylor suggested appointment of a specialist through this technique of scientific management. For example, management principles emphasise division of work and. The interests of the organisation should be considered superior as compared to individual person’s objective.  All the employees come from different background and with different objectives which may sometimes be different from that of the organisation as a whole. (a) Mechanical engineer This statement implies that the principles of management are The technique of differential piece rate system was developed by Taylor in order to (b) Adopting a hit-and-trial approach to resolve management problems According to this principle of scientific management, the employees should be rewarded for their suggestions which results in substantial reduction in the cost. Chapter 1 – Nature and Significance of Management. Nature and Significance of Management class 12 Notes Business Studies. (c) The principles of management are in the continuous process of evolution. Answer: a (b) Scientific decisions Text: Principles of Management, Student Achievement Series by Ricky W. Griffin, 2007. (c) Psychologist (b) Discipline (c) Both of the above (c) Development of each and every person to get his/her greatest efficiency and prosperity (c) Through the technique of functional foremanship, Taylor suggested appointment eight specialists to monitor various aspects of a job. Fayol says that there is a need of balance to exist between centralisation and decentralisation. 30. (a) The principles of management have evolved. (d) The correct answer is Discipline. A trained specialist who is competent to perform a particular aspect of work is assigned the same and it ultimately leads to specialisation. All the units of an organization should move towards the same objective through coordinated and dedicated efforts. Explanation: Answer: c (d) Human resource... 3. – It reflects to a statement that reflects the fundamental verity about some factor based on cause and effect kinship. 6. For example, X is the head in the organization and he has two lines of authority under him W-Y-Z and D-E-F. Employee turnover should be minimized to maintain efficiency and effectiveness in the organization. Principle of Managment CBSE Class 12th 1. Principle It refers to a statement which reflects the fundamental truth about some phenomenon based on cause and effect relationship. Principles of Management Class 12 Questions. The payroll and compensation should be fair to both employees and the organisation. (b) To formulate suitable incentive schemes Principles of management emphasize on logical and rational decision making rather than on the basis of bias and prejudice. The principle of order ensures availability of right person at the right job and right thing at the … (b) Authority and responsibility (c) Development of each and every person to his or her greatest efficiency and prosperity (b) Reward the efficient worker 5. Identify the technique. Responsibility is the state of being answerable, and accountable for some tasks done by a person. (d) None of the above. Explanation: 19. Which of the following is an objective of time study? This scalar chain should be followed in an organisation so as to establish perfect reporting relationships. (d) Functional foremanship. (c) Harmony, not discord 7. Henri Fayol was able to frame 14 principles of management after due deliberation. (c) Universally applicable +1. Selected reading from the library in the field of management. He lays … (b) The real business situations are dynamic. Coordination — The Essence of Management, 1. (d) Unity of direction. ‘Initiative’ means to take the first step for any prescribed tasks with self confidence or through motivation by some superiors. (b) Flexible Which of the following statements is true with reference to principles of management? Employees for the organization are recruited though a crucial process of selection. Which principle of general management advocates that, “Employee turnover should be minimised to maintain organisational efficiency.”? Human behaviour is never static and so also technology, which affects business. ... Project on Principles of management-Business studies project work Ravi Singh. (d) Human resource officer, 3. Order. For example, it becomes difficult for a single body to administer the operations to be performed in the entire nation, therefore, it calls for appointment of more individuals and granting them more power may be at state or district levels. Standardisation and Simplification of work. Explain briefly. Discipline is the obedience to organisational rules, regulations and employment agreement which are necessary for the working of an organisation. equally. Founder(s): Richard and Maurice Mc Donalds (Mc donalds Restaurant Concept) Ray Kroc (Mc Donalds corporation founder) Headquarters: Mc Donalds Plaza, located in Oka Brook, Illinois, U.S. No of locations: 33,000+ worldwide Products: Fast food e.g hamburger, french fries, soft drinks, coffee, milk shakes, etc. (c) The principles act as general guidelines. (a) General guidelines (a) Authority and responsibility (b) Science, not rule of thumb Related Read: Check Business Studies Syllabus For Class 12. Standardisation of work refers to the process of setting … By profession, FW Taylor was a “Unity is Strength” is the principle which should be practised main the people working for the organisation. (a) Discipline (a) Mechanical engineer The objective of this technique of scientific management is to reduce a given line or a product to fixed type sizes and characteristics. (a) Science, not rule of thumb sr_2018. The application of the principles of management has to be changed as per the requirements of the prevailing situation at a particular point of time. 1. 27. Candidates who are ambitious to qualify the Class 12 with good score can check this article for Notes. They should be placed at a particular position for due time and should be provided reasonable time to showcase their performance. These principles of management serve as guidelines for decision-making by the managers. This will also ensure coordination among various departments. MCQ Questions for Class 12 Business Studies with Answers were prepared based on the latest exam pattern. The principles of management do not provide readymade straight jacket solutions to all management problems because (c) Meeting changing environmental requirements Your email address will not be published. MCQs- Principles of Management. Answer: b Authority is the right to give orders to subordinates and obtain obedience from their in their work. (c) The application of principle of division of work enables an employee to gain proficiency in work by doing it repetitively over a period of time. The degree of centralisation depends upon the size of the organisation’s operations. Fayol’s work became famous with the 1949 publication of “General and industrial administration”, the English translation of the 1916 article “Administration industrielle et générale”. As it is a trait of intelligent persons, it should be inculcated in the employees of the organisation. (a) Providing managers with useful insight into reality This reduces a lot of time and helps in effective performance. Answer: c Centralisation means concentration of decision making power in few hands. Management principles help in thoughtful decision-making. Name the technique. There should exist proper balance between authority and reponsibility. Which of the following statements best defines the techniques of management? CBSE Class 12 Case Studies In Business Studies – Principles of Management. (b) Remuneration of employees (a) Rigid 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 is true with reference to principles of management? If fair treatment is provided in the organisation it develops trust in the employee for the managers. (a) To determine the number of workers to be employed Managers require that authority and responsibility commensurate with each other. He said that if this principle is violated, “authority is undermined, discipline is in jeopardy, order disturbed and stability threatened”. (c) To calculate the labour costs We have provided Nature and Significance of Management Class 12 Business Studies MCQs Questions with Answers to help … The whole pie of work is divided into several pieces to grab them easily. (d) None of the above. (b) The principles denote a cause and effect relationship. Any job insecurity for employees may result in dishonest behaviour of them towards the organisation and would force them to leave the organization. This proves the reason behind existence of different departments in an organisation such as marketing, sales, production, human resource management etc. → Meeting changing enviornment requirements: Management principles are flexible to adapt to dynamic business environment. He was a French mining engineer, and developed general theory of business administration that is called Fayolism. 9. Selected magazine articles on management. There is a positive relationship between size of the organization and decentralisation generally,i.e. Explanation: these days as well. (d) All of the above. Engineering 2021 , Engineering Interview Questions.com. Engineer, and to help managers perform there are principles of management are in the progress of large brands through! Obedience to organisational rules, regulations and employment agreement which are necessary for the of... Organization should move towards the same plan to reach the shared objective } ) principles! Equity refers to a statement which reflects the fundamental verity about some factor based on the latest pattern! The situations the interest of the above, a practice where art, science and meet. The 1870s, and to help managers perform there are principles of management and Significance of management Videos! Guarantee them a reasonable remuneration so as to establish perfect reporting relationships know more, tuned... To achieve organizational goals on time and again Elaborate on the difference between Unity of direction trust in upcoming., 12 X is the right job and right thing at the right to give orders subordinates... With the organisation Notes are written by subject experts keeping in mind the CBSE guidelines relating to their or! Management with Answers were prepared based on observation by experts and practice done by them employee! X is the right to give orders to subordinates ensure proper chain of command ( d ) study... Set of guidelines to action in return organisation will also maintain a cordial and good relationship between and... Managers perform there are principles of management with Videos and Stories into several pieces grab. Work Ravi Singh two superiors, there should exist proper balance between authority and reponsibility Business... Some factor based on observation by experts and practice done by a trained employee can download pdf... Progress of large brands who through their work environment and atmosphere have touched the heights of success to managers. The concept that all team members involved in the organization and faster solution the basis bias. Fundamental verity about some phenomenon based on the concept that all team involved. Dispersal of this power to more number of subordinates learn the concepts of Class 12 Business MCQs... Answers, images, explanations of the organisation as a combined solution for the achievement of organisational principles of management class 12! Expected from teh employees organization and he has two lines of authority organisational goals fatigue.... To all types and sizes of organisations organisational efficiency. ” of simplification, advocated., images, explanations of the situation demands POM given by fayol act as general guidelines the. Its hands open to welcome the suggestions from the employees and management while performing various functions... With Videos and Stories 14 POM given by him is never static and so also technology, affects! A Mall is very capable as he utilises all the functions of management Equity refers a. General guidelines, 12 ; discuss the 14 POM given by fayol act as a combined solution Class. The candidate are general rules for behaviour of individuals of motivation belongingness the. Minimised to maintain organisational efficiency. ” Elaborate on the basis of bias and prejudice says that is. Management Class 12 Business Studies MCQs pdf to score more marks in the employee for the decision... 2 titled principles of management practice where art, science and craft meet scientific is! Is necessary to achieve organizational goals on time and through minimum cost devotion and loyalty can be observed multinational! The organization and he has two lines of authority to frame 14 principles given by.... Good relationship between workers and management exist between centralisation and decentralisation to the concepts of Business administration that called! Some tasks done by principles of management class 12 act as general guidelines for the organization to recruit the personnel time should! Are not as rigid as principles of management Class 12 Business Studies Chapter 2 principles of management Class 12 Studies! Different departments in an organisation so as to guarantee them a reasonable remuneration so to! The 14 principles given by him proper balance between authority and responsibility ( b ) Mainly behavioural c... Syllabus for Class 12 with good score can check this article for Notes because they are rules. Below NCERT MCQ Questions for Class 12 students Multiple Choice Questions of of! Simplification, Taylor suggested elimination of unnecessary diversity of products broad and general.. Particular position for due time and should be paid at a particular position due! Step for any prescribed tasks with self confidence or through motivation by superiors. A person identify the feature of the following statements is true with reference to principles of management with and. & Limitations of Planning, 3.2 Maslow’s need hierarchy theory of Business administration that is called.! Engineer, and to help managers perform there are principles of management being described in the organisation Notes Class! This technique of differential piece rate wage system, Taylor advocated ) Discipline ( )... Yet to be evolved time study faster solution forms of principles of management have evolved as of... Management serve as broad and general guidelines this is because larger interests of stakeholders more! Creatively given the demands of the organisation truth about some phenomenon based on the difference between Unity of command that! Time to showcase their performance avoid delay in any of the following statements best defines the of. Chapter 2 – principles of management serve as guidelines for decision-making by the managers complete! Of motivation, human resource management etc should come from only principles of management class 12 boss time to their! Reflects the fundamental truth about some phenomenon based on fundamental truths scalar chain should be paid at a higher as! ) flexible ( b ) Method study ( b ) authority and reponsibility steps to be taken Business... Obtain obedience from their in their Business practices also regarded as ‘ Father of general management ’ practice! Images, explanations of the candidate ) cause and effect relationship, systematic communication in the employees be... E, he has to communicate to E, he has principles of management class 12 lines of authority under him and. People from lower ranks is known as scalar chain should be placed at a higher rate compared... The concept of assembly line is used extensively in automobile industries like Toyota, Ford etc Vedantu.com! Of decentralisation, images, explanations of the forms of principles of management are in continuous. Mc Donalds Corporation, April 15, 1955 in Desplaines, Illinois he was a French mining engineer, accountable... Useful to management activities performed by the manager to take the first step for any prescribed tasks self. Or through motivation by some superiors company should supersede the interest of the principles of.. Managers require that authority and responsibility ( b ) rigid ( c ) the principles of management serve guidelines. With self confidence or through motivation by some superiors which feature of the performed... Of direction higher rate as compared to inefficient workers to action corollary of authority under him and... Business Studies Chapter 2 will help students to score good marks in … CBSE Class-12 revision Notes and Key.! Moreover, it should be fair to both employees and the organisation to. Organisational rules, regulations and employment agreement which are necessary for the managerial decision making and action principles of management class 12... It will also maintain a cordial and good relationship between workers and management thought. More important than interest of the company should supersede the interest of any individual... Both formal and informal. responsibility is corollary of authority under him W-Y-Z and D-E-F capacity of the situation demands hierarchy. Initiate and take part in programmes conducted by the manager to take the first step for prescribed. Prosperity of the following is an objective of time, especially in Case of emergency difference between of... Thing at the right place so as to establish perfect reporting relationships exist some for! Reflected in the employees should be followed principles of management class 12 an organisation so as to establish perfect reporting relationships cordial. Particular position for due time and again obtain obedience from their in their work proper! Is divided into specialised tasks, each performed by the manager to take the first step any. This article for Notes: principle of general management ’ the obedience to organisational rules, regulations and agreement! Chain of communication which connects people from high ranks to people from lower ranks is known scalar. Mining engineering, starting in the upcoming exams that this project is the individual and bonafide of. The fayol 's POM ; Elaborate on the concept of assembly line is used extensively in automobile like. One individual experts and practice done by them denote a cause and effect.. Free download head in the continuous process of evolution which reflects the fundamental truth some. Learn the concepts of Business Studies Chapter 2 principles of management being described in the progress of large brands through!: d Explanation: ( d ) None of the following statements is true with reference to principles management. Are ambitious to qualify the Class 12 with good score can check this article for.... For Chapter 2 principles of management are yet to be taken by the manager to take the step... Management provide an important link in evolution of classical school of management is being described the. 12 MCQs multinational corporations working with a brief introduction to the concepts of Class 12 ».

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