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Published on: 06/01/2020
Functions of Management
Download Tamil Nadu 12th Standard Commerce question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Commerce Test1.
Which of the following would be included in the "Controlling function"?
Measuring results against corporate objectives
Explaining routines
Setting standards
Giving assignments
2.
Which of the following is not a function of management?
Budgeting
Profit earning
Staffing
Planning
3.
Nothing can be performed without
Organising
Staffing
Planning
Controlling
4.
Which of the following is verification function?
Planning
Organising
Staffing
Controlling
5.
_______ is included in every managerial function.
Co-ordinating
Controlling
Staffing
Organising
6.
Is directing necessary at planning stage? Give reason in support of your answer.
7.
What are the managerial functions included in co-ordination?
8.
How can you classify the managerial functions?
9.
10.
'Controlling is Systematic Process involving a series of steps'. Do your agree? Discuss it briefly
11.
'Selection is a negative Process'. Do you agree?
12.
What are the main duties of a manager?
13.
State the importance of staffing.
14.
List out the main functions of management?
15.
What is meant by Innovation?
16.
Explain the primary functions of management OR secondary functions of Management
1.
(a)
Measuring results against corporate objectives
2.
(b)
Profit earning
3.
(c)
Planning
4.
(d)
Controlling
5.
(a)
Co-ordinating
6.
No, directing is not necessary at planning stage, it is necessary at execution / operational stage.
7.
(i) Planning and co-ordination
(ii) Organising and co-ordination
(iii) Staffing and co-ordination
(iv) Directing and co-ordination
(v) Motivation and co-ordination ; and
(vi) Controlling and co-ordination.
8.
Managerial functions are:
(i) Time specific
(ii) Institutional specific; and
(iii) Country specific.
9.
10.
Yes, controlling is a systematic process which involves following steps
(i) Setting performance standards.
(ii) Measurement of actual performance
(iii) Comparing actual performance with standards.
(iv) Analysing deviations
(v) Taking corrective action
11.
(i) Yes, as selection is choosing from among the candidates the ones, who best meet a position's requirements and eliminating the ones who are not suitable.
(ii) To achieve this target, candidates are required to take a series of tests and interviews in different stages.
(iii) At each stage, many candidates are eliminated and only a few candidates move to the next stage.
(iv) The process of elimination continues till the right ones are finalised .
(v) The above scenario clearly establishes the fact that selection is the process, through which unsuitable candidates are rejected and suitable ones are chosen.
(vi) Therefore, it is regarded as negative process.
12.
(i) A manager has to act as representative of a company.
(ii) Manager has dealings with customers suppliers, government officials, banks, financial institutions, trade unions, etc.
(iii) It is the duty of every manager to have good relations with others.
13.
(i) Staffing function comprises the activities of selection and placement of competent personnel.
(ii)In other words, Staffing refers to placement of right persons in the right jobs.
(iii) Staffing includes selection of right persons, training to those needy persons, promotion of best persons, retirement of old persons, performance appraisal of all the personnel, and adequate remuneration of personnel.
(iv) The success of any enterprise depends upon the successful performance of staffing function.
14.
the main functions of management are:
(i) Planning
(ii) Organising
(iii) Staffing
(iv) Directing
(v) Motivating
(vi) Controlling
(vii) Co-ordination
15.
(i) Innovation refers to the preparation of personnel and organisation to face the changes made in the business world.
(i) Innovation includes developing new material, new products, new techniques in production, new package, new design of a product and cost reduce.
16.
Functions of management can be classified into two categories.
A. Main functions; and
B. Subsidiary functions.
A. Main functions:
(i) Planning:
(a) Planning is the primary function of management.
(b) Nothing can be performed without planning.
(c) E.g. Writing a book starts with planning.
(ii) Organising:
(a) Organising is the process of establishing harmonious relationship among the members of an organisation.
(b) Organsing function work is assigned to employees who are given authority to carry out the work assigned and made accountable for it.
(iii) Staffing:
(a) Staffing function comprises the activities of selection and placement of competent personnel.
(b) Staffing refers to placement of right persons in the right jobs.
(iv) Directing:
(a) Directing denotes motivating, leading, guiding and communicating with subordinates.
(b) Employees are kept informed of all necessary matters by circulars, instructions man uals, newsletters, notice-boards, meeting, participative mechanism, etc.
B. Subsidiary functions:
(i) Innovation:
(a) Innovation refers to the preparation of personnel and organisation to face the changes made in the business world.
(b) Innovation includes developing new material, new products, new techniques in production, new package, new design of a product and cost reduction.
(ii) Representation:
(a) A manager has to act as representative of a company.
(b) Manager has dealings with customers, suppliers, government officials, banks, financial institutions, trade unions, etc.
(c) It is the duty of every manager to have good relation with others.
(iii) Decision-making:
(a) Everyemployee of an organisation has to take a number of decisions everyday.
(b) Decision - making helps in the smooth functioning of an organisation.
(iv) Communication:
(a) Communication is the transmission of human thoughts, views or opinions from one person to another person.
(v) Workers are informed about what should be done, where it is to be done, how it is to be done and when it is to be done.
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Tamilnadu Stateboard 12th Standard Subjects

Maths

Chemistry

Physics

Biology

Computer Science

Business Maths and Statistics

Economics

Commerce

Accountancy

History

Computer Applications

Biology

Computer Technology

Computer Applications

Computer Science

Business Maths and Statistics

Commerce

Economics

Maths

Chemistry

Physics

Computer Technology

History

Accountancy

Tamil

English

French
Tamilnadu Stateboard Standards