Business Studies 2016 CBSE Board paper (Delhi) SET 2
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Q1
The size of assets, the profitability and competitiveness are affected by one of the financial decisions. Name and state the decision.
Marks:1View AnswerAnswer:
The size of assets, the profitability and competitiveness are affected by investment decision. It is also known as capital budgeting decision.
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Q2
Name the marketing function which is concerned with informing the customers about the firm’s products.
Marks:1View AnswerAnswer:
The marketing function which is concerned with informing the customers about the firm’s products is ‘promotion.’
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Q3
Radhika and Vani who are young fashion designers left their job with a famous fashion designer chain to set-up a company ‘fashionable Pvt. Ltd. They decided to run a boutique during the day and coaching classes for entrance examination of National Institute of Fashion Designing in the evening. For the coaching centre they hired the first floor of a nearby building. Their major expense was money spent on photocopying of notes for their students. They thought of buying a photocopier knowing fully that their scale of operations was not sufficient to make full use of the photocopier.
In the basement of the building of ‘Fashionate Pvt. Ltd.’ Praveen and Ramesh were carrying on a printing and stationery business in the name of on ‘Neo Prints Pvt. Ltd’. Radhika approached Praveen with the proposal to buy a photocopier jointly which could be used by both of them without making separate investment, Praveen agreed to this.
Identify the factor affecting fixed capital requirements of ‘Fashionate Pvt. Ltd’.
Marks:1View AnswerAnswer:
Business organisations collaborate with each other for sharing cost, benefits, etc. They derive synergy benefits out of collaboration. The factor affecting fixed capital requirements of ‘Fashionate Pvt. Ltd’ is ‘level of collaboration.’
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Q4
Name the type of ‘organisational structure’ which promotes efficiency in utilisation of manpower.
Marks:1View AnswerAnswer:
The type of ‘organisational structure’ that promotes efficiency in utilisation of manpower is functional structure.
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Q5
‘Management is the process of getting things done’. State the meaning of the term ‘process’ used in this statement.
Marks:1View AnswerAnswer:
Management is the process of getting things done, where process refers to the activities that management performs to get the things done for achieving goals of the organisation.
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Q6
Manuj bought a packet of chips from a local shopkeeper and found that the ingredients given on the label were not legible. He complained about it to the company. The company sent a written apology stating that they will make sure that existing packets are withdrawn from the market and new packets with legible labels are soon made available.
State the consumer right with which Manuj exercised.
Marks:1View AnswerAnswer:
The consumer right with which Manuj exercised is ‘Right to be informed.’ Consumers have right to adequate information about the products.
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Q7
Give the meaning of ‘responsibility’ as an element of delegation.
Marks:1View AnswerAnswer:
Responsibility is the obligation to properly perform the assigned duty. It arises from a superior-subordinate relationship. Responsibility flows upwards i.e., subordinate is responsible to superior.
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Q8
State the role of ‘speed boss’ in functional foremanship.
Marks:1View AnswerAnswer:
Speed boss keeps a check on working speed of the workers. He also checks that there is no wastage of time.
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Q9
State any three functions performed by non-governmental organisations for consumer protection.
Marks:3View AnswerAnswer:
The role played by NGOs in protecting consumers is:
i. Educating general public about consumer rights by organising training programmes, seminars and workshops.
ii. Publishing periodicals and other publications to impart knowledge about consumer problems, legal reporting and reliefs available.
iii. Carrying out comparative testing of consumer products in laboratories to test the relative qualities of competing brands.
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Q10
Mr. Sanjay Nehra was the Chairman of ‘Taran Bank’. The bank was earning good profits, Shareholders were happy as the bank was paying regular dividends. The market price of their shares was also steadily rising. The bank was about to announce taking over of ‘Vena Bank’.
Mr. Sanjay Nehra knew that the share price of ‘Taran Bank’ would rise on this announcement. Being a part of the bank, he was not allowed to buy shares of the bank. He called one of his friends. Sudhir and asked him to invest ` 5 crores in share of his bank promising him the capital gains.
As expected the share prices went up by 40% and the market price of Sudhir’s shares was now ` 7 crores. He earned a profit of ` 2 crores. He gave ` 1 crore to Mr. Sanjay Nehra and kept ` 1 crore with himself. On regular inspection and by conducting enquiries of the brokers involved, Securities and Exchange Board of India (SEBI) was able to detect this irregularity. The SEBI imposed a heavy penalty on Mr. Sanjay Nehra.
By Quoting the lines from the above para identify and state any two functions that were perfomed by SEBI in the above case.
Marks:3View AnswerAnswer:
The functions performed by SEBI are:
Regulatory functions: SEBI has framed rules and regulations and code of conduct to regulate the intermediaries such as brokers, bankers, underwriters, etc. The lines, ‘regular inspection and by conducting enquires of the brokers involved’ emphasis on regulatory functions of SEBI.
Protective functions: To prohibit fraudulent and unfair trade practices in the securities market, prohibit inside trading, educate investors, etc are some of the protective functions of SEBI. The lines, ‘imposed a heavy penalty on Mr. Sanjay Nehra,’ emphasis on protective functions of SEBI.
