Business Studies 2010 CBSE [ Delhi] Set I
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Q1
List any two organisational objectives of management.
Marks:1Answer:
Survival and growth
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Q2
Give any one reason why principles of management do not provide a readymade solution to all managerial problems.
Marks:1Answer:
They do not provide a readymade solution because they are formed by practice and experimentation.
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Q3
Volvo Ltd’s target is to produce 10,000 shirts per month at a cost of Rs. 100 per shirt. The Production Manager could achieve this target at a cost of Rs. 90 per shirt. Do you think the Production Manager is ‘effective’? Give one reason in support of your answer.
Marks:1Answer:
Yes, he is effective as he is able to produce 10,000 shirts in a month i.e. he has finished the given task and achieved his goals.
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Q4
State the objective of ‘Method Study’.
Marks:1Answer:
The objective of method study is to simplify the operations by reducing the distance between the place of storage and the consumption of raw materials.
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Q5
Give any one limitation of internal sources of recruitment.
Marks:1Answer:
The scope of induction of fresh talent is reduced.
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Q6
Name the method of training in which trainees learn on the equipments they will be using.
Marks:1Answer:
Vestibule Training
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Q7
Name the financial decision which will help a business man in opening a new branch of its business.
Marks:1Answer:
Investment Decision
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Q8
‘Cost of debt’ is lower than the ‘cost of equity share capital’. Give reason why even then a company cannot work only with the debt.
Marks:1Answer:
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 for the formation of Consumer Protection Council’s in every district and state of the country?
Marks:1Answer:
Consumer Protection Act 1986
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Q10
Why consumer protection is important for consumers? Give any one reason.
Marks:1Answer:
Consumer protection is important for consumers to protect them against deceptive advertisements, misleading labels etc.