Practice Questions on Introduction to Management

Management is an essential part of any organization, ensuring that resources are utilized efficiently and goals are met effectively. If you are preparing for RBI Grade B, SEBI Grade A, or any other competitive exam, practicing questions on management will strengthen your understanding.

Here are some practice questions to test your knowledge of key management concepts.

---

Multiple-Choice Questions (MCQs):

Practice Questions: Introduction to Management

Test your understanding of key management concepts with these practice questions and detailed solutions. Perfect for your RBI Grade B and SEBI Grade A preparation!

---

Q.1) What is the main focus of management?

[a] To complete the task at any cost

[b] To get raw materials cheaply and begin production

[c] To hire competent people for the organisation

[d] To complete tasks (effectiveness) at a minimum cost (efficiency)

[e] To utilise resources to their best capacity

Solution: [d]

---

Q.2) Which characteristic of management is highlighted by the statement:

‘In order to be successful, an organisation must change its goals according to the needs of the environment.’?**

[a] Management is a continuous process

[b] Management is multidimensional

[c] Management is a dynamic function

[d] Management is a goal-oriented process

[e] Management is all-pervasive

Solution: [c]

---

Q.3) A business needs to add to its prospectus in the long run. Identify the organisational objective.

[a] Survival

[b] Profit

[c] a) and b)

[d] Growth

[e] b) and d)

Solution: [d]

---

Q.4) Asian Paints contributed funds to help farmers use local resources effectively. Which management objective does this achieve?

[a] Personal Objective

[b] Organisational Objective

[c] Social Objective

[d] a) and b)

[e] a) and c)

Solution: [c]

---

Q.5) Radhika Ltd. uses eco-friendly production methods. Which objective is achieved?

[a] Organisational Objective

[b] Social Objective

[c] Personal Objective

[d] a) and c)

[e] b) and c)

Solution: [b]

---

Q.6) Which two functions do top-level managers spend more time on than lower-level managers?

[a] Planning and Directing

[b] Planning and Organising

[c] Organising and Staffing

[d] Directing and Controlling

[e] Controlling and Planning

Solution: [b]

---

Q.7) Moksh is a manager of a corporate division. What level is he at, and what is his main task?

[a] Top Level – Planning

[b] Supervisory Level – Following orders

[c] Middle Level – Executing top management plans

[d] a) and b)

[e] a) and c)

Solution: [c]

---

Q.8) Your grandfather is a Chief Operating Officer in an MNC. Which management level is he at?

[a] Top-Level

[b] Middle-Level

[c] Supervisory/Operational Level

[d] a) and b)

[e] a) and c)

Solution: [a]

---

Q.9) Your uncle is a foreman in a factory. What is his management level?

[a] Top-Level

[b] Middle-Level

[c] Supervisory/Operational Level

[d] a) and b)

[e] a) and c)

Solution: [c]

---

Q.10) Which management level is responsible for supervising first-line managers?

[a] Top-Level

[b] Middle-Level

[c] Supervisory/Operational Level

[d] a) and b)

[e] a) and c)

Solution: [b]

---

Q.11) Which level of management implements and controls organisational plans and strategies?

[a] Top-Level

[b] Middle-Level

[c] Supervisory/Operational Level

[d] a) and b)

[e] a) and c)

Solution: [b]

---

Q.12) Which level of management is responsible for the welfare and survival of the organisation?

[a] Middle Management

[b] Top Management

[c] Supervisory/Operational Level

[d] a) and b)

[e] a) and c)

Solution: [b]

---

Q.13) Identify the characteristic of management:

‘The activities in managing an organisation are common to all organisations—economic, social, or political.’**

[a] Goal-oriented process

[b] Dynamic

[c] Continuous process

[d] Pervasive

[e] Multidimensional

Solution: [d]

---

Q.14) “A manager applies management theories in a unique, personalised way.” What aspect of management is this?

[a] Science

[b] Profession

[c] Art

[d] Social Science

[e] Sociology

Solution: [c]

---

Q.15) “Management is a systematised body of knowledge explaining general truths.” What nature of management is this?

[a] Sociology

[b] Profession

[c] Art

[d] Social Science

[e] Science

Solution: [e]

---

Q.16) The rise in corporate businesses and managed concerns implies which nature of management?

[a] Sociology

[b] Profession

[c] Art

[d] Social Science

[e] Anthropology

Solution: [b]

---

Practicing these questions will strengthen your understanding of management concepts, which is essential for cracking the Management section in the RBI Grade B and SEBI Grade A exams. Keep practicing and stay consistent!