Business Studies 2012 CBSE [All India] Set 2
To Access the full content, Please Purchase
-
Q1
Name the level of management at which the managers are responsible for implementing and controlling the plans and strategies of the organisation.
Marks:1View AnswerAnswer:
Middle level management.
-
Q2
Give any one responsibility of a consumer in addition to obtaining cash receipt while purchasing a washing machine.
Marks:1View AnswerAnswer:
A consumer should look for an ISI mark on the washing machine as it would provide quality assurance of the product.
-
Q3
Name the type of plan which provides the broad contours of an organisation’s business.
Marks:1View AnswerAnswer:
Strategy.
-
Q4
State how ‘Self regulation by business’ acts as a means of Consumer Protection.
Marks:1View AnswerAnswer:
Socially responsible firms following ethical standards and practices in dealing with their customers, such as setting up customer service and grievance cell to address consumer problems and grievances.
-
Q5
Identify the nature of management when it is practiced as personal application of existing knowledge to achieve desired results.
Marks:1View AnswerAnswer:
Management is an ‘Art’ when it is practiced as personal application of existing knowledge to achieve desired results.
-
Q6
‘Planning always leads to success’. Do you agree? Give reason in support of your answer.
Marks:1View AnswerAnswer:
No, planning does not always guarantee success because it is based on assumption of future trends which are uncertain and relate to a dynamic business environment.
-
Q7
Give the meaning of ‘compensation’ as a step in the process of staffing.
Marks:1View AnswerAnswer:
Compensation refers to all forms of pay or rewards given to employees either in the form of direct financial payments or indirect financial payments.
-
Q8
Define ‘Supervision’.
Marks:1View AnswerAnswer:
Supervision is the process of overseeing people at work to ensure that their efforts are directed towards accomplishment of the desired objectives.
-
Q9
State any one ‘Protective function’ of Securities and Exchange Board of India (SEBI).
Marks:1View AnswerAnswer:
SEBI prohibits fraudulent and unfair trade practices like making misleading statements, manipulations, price rigging etc.
-
Q10
What is meant by ‘Capital Market’?
Marks:1View AnswerAnswer:
Capital market refers to facilities and institutional arrangements through which long term funds; both debt and equity are raised and invested.
