Business Studies 2010 CBSE [ Delhi] Set II
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Q1
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:1View AnswerAnswer:
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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Q2
Name the financial decision which will help a business man in opening a new branch of its business.
Marks:1View AnswerAnswer:
Investment Decision
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Q3
‘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:1View AnswerAnswer:
To avoid permanent burden of paying interest, a company cannot work only with the debt.
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Q4
Which act of consumer protection provides for the formation of Consumer Protection Council’s in every district and state of the country?
Marks:1View AnswerAnswer:
Consumer Protection Act 1986
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Q5
Why should a consumer look for ISI mark on electrical goods?
Marks:1View AnswerAnswer:
To check the standardisation and to avoid any fault.
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Q6
Name the method of training in which a trainee works directly with a senior manager and the manager takes full responsibility of the trainee.
Marks:1View AnswerAnswer:
Coaching.
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Q7
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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Q8
State the objective of time study.
Marks:1View AnswerAnswer:
The main objective of time study is to determine the standard time taken to perform a well defined job.
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Q9
Give any one reason why principles of management are called contingent?
Marks:1View AnswerAnswer:
They are called contingent as they can be modified by manager when the situation so demands. The application has to be changed as per requirements.
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Q10
List any two social objectives of management.
Marks:1View AnswerAnswer:
Employment opportunities and environment friendly methods of production.
