Multiple choice question (MCQ) for Maharashtra State Board Class 12 Business Studies Chapter 1 (Nature and Significance of Management). Practice with answer and detailed explanation.
❓ Question
Describe the key principles of Nature and Significance of Management and their applications.
A) Nature and Significance of Management is directly proportional to the applied force
B) Nature and Significance of Management remains constant under all conditions
C) Nature and Significance of Management varies according to the fundamental principle
✓ Correct Answer
D) None of the above statements about Nature and Significance of Management are correct
📖 Explanation
The correct answer is C because Nature and Significance of Management follows the fundamental principle that governs its behavior under given conditions. Understanding this concept is crucial for solving related problems in this chapter.
📚 About This Chapter
This chapter covers Nature and Significance of Management in Class 12 Business Studies. Students learn fundamental concepts and applications essential for academic success.
This MCQ tests your understanding of Nature and Significance of Management. Practice more MCQs to strengthen your grasp of key concepts and prepare effectively for Maharashtra State Board board exams.