Business Studies 2010 CBSE [ All India ] Set I
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Q1
List any two personal objective of management?
Marks:1View AnswerAnswer:
Competitive salary and personal growth.
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Q2
Give any one reason why principles of management are not rigid prescriptions?
Marks:1View AnswerAnswer:
They are not rigid as they can be modified by manager when the situation so demands.
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Q3
Hero Ltd’s target is to produce 10,000 shirts per month at a cost of Rs. 150 per shirt. The Production Manager could achieve this target at a cost of Rs. 160 per shirt. Do you think the Production Manager is ‘effective’ ? Give reason in support of your answer.
Marks:1View AnswerAnswer:
Yes, he is effective as he is able to produce 10,000 shirts in a month but he is not efficient as he has exceeded the production cost.
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Q4
State the objective of ‘Motion Study’.
Marks:1View AnswerAnswer:
The objective of motion study is to eliminate unnecessary movements so that it takes less time to complete the job efficiently.
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Q5
Give any one advantage of internal sources of recruitment?
Marks:1View AnswerAnswer:
Employees are motivated to improve their performance as they are assured that they would be preferred over outside candidates for promotions.
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Q6
Name the method of training in which the trainee learns under the guidance of a master worker.
Marks:1View AnswerAnswer:
Apprenticeship Training.
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Q7
Name any two essential ingredients of sound working capital management.
Marks:1View AnswerAnswer:
Nature of Business and Business Cycle Fluctuations.
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Q8
‘Cost of debt’ is lower than the ‘cost of equity share capital’. Give reasons why even then a company cannot work only with the debt.
Marks:1View AnswerAnswer:
To avoid permanent burden of paying interest, a company cannot work only with the debt.
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Q9
Which Act of consumer protection provides safety to consumers against deficient services?
Marks:1View AnswerAnswer:
Consumer Protection Act, 1986.
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Q10
Why is consumer protection important for businessmen? Give any one reason.
Marks:1View AnswerAnswer:
Consumer protection is important for businessmen for maximising long term profit.
