Business Studies 2010 CBSE [ Delhi] Set III
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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: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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Q2
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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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:1Answer:
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:1Answer:
Consumer Protection Act 1986
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Q5
List any two personal objectives of management.
Marks:1Answer:
Competitive salary and personal growth
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Q6
Give any one reason why principles of management are not rigid prescriptions?
Marks:1Answer:
They are not rigid as they can be modified by manager when the situation so demands.
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Q7
State the objective of ‘Motion Study’.
Marks:1Answer:
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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Q8
Give any one advantage of external sources of recruitment.
Marks:1Answer:
The management has a wider choice while selecting people for employment.
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Q9
Name the method of training in which the trainee learns under the guidance of a master worker.
Marks:1Answer:
Apprenticeship Training
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Q10
Why is consumer protection important for businessmen? Give any one reason.
Marks:1Answer:
Consumer protection is important for businessmen for maximising long term profit.