Business Studies 2012 CBSE [ Delhi] Set I
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Q1
Name the type of plan which is time bound and linked with measurable outcome.
Marks:1View AnswerAnswer:
Objectives.
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Q2
‘Planning is done for achieving the organizational goals’. Do you agree? Give one reason in support of your answer.
Marks:1View AnswerAnswer:
Yes, planning helps in formulating an action plan in the form of- objectives, strategy, policy procedures, etc., which are directed towards achievement of organizational goals.
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Q3
Identify the nature of management when it is said to be a systematised body of knowledge that explains certain general truths.
Marks:1View AnswerAnswer:
Management is considered as ‘Science’ when it is said to be a systematized body of knowledge that explains certain general truths.
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Q4
At which level of management the managers are responsible for the welfare and survival of the organisation?
Marks:1View AnswerAnswer:
The ‘Top Level Managers’ are responsible for the welfare and survival of the organisation.
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Q5
Give the meaning of ‘orientation’ as a step in the process of ‘Staffing’.
Marks:1View AnswerAnswer:
Orientation refers to the introduction of the selected employee to other employees and familiarising him/her with the rules and policies of the organisation.
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Q6
Define ‘Formal Communication’.
Marks:1View AnswerAnswer:
Formal communication refers to the official communication which takes place within the organisation following the chain of command.
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Q7
State any one ‘Regulatory Function’ of Securities and Exchange Board of India (SEBI).
Marks:1View AnswerAnswer:
SEBI regulates the registration of collective investment schemes and mutual funds.
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Q8
State any one objective of setting up of National Stock Exchange of India (NSEI).
Marks:1View AnswerAnswer:
National Stock Exchange of India (NSEI) was set up to establish a nationwide trading facility for all types of securities.
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Q9
How ‘Business Associations’ act as a means of consumer protection? State.
Marks:1View AnswerAnswer:
Business associations such as FICCI and CII have framed a set of code of conduct which lay down the guidelines for businesses, in respect of their dealings with the customers.
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Q10
Give any one relief available to a consumer who suffers due to consumption of an expired date medicine.
Marks:1View AnswerAnswer:
The consumer court can direct the opposite party (manufacturer or seller) to pay a reasonable amount of compensation for any loss or injury suffered by the consumer due to the negligence of the opposite party.
