Class XII - Business Studies - 6 Date of Taking Test : December 25, 2024 Time: 20 Minutes 1. Sanjeet is a middle level manager. He keeps all his subordinates under a lot of discipline. His employees however complain of wastage of time and efforts as they feel that nothing is being assigned in a proper way and a proper place. Also no proper schedule is made for working. Which principle of management is violated in the given paragraph? (a) Discipline (b) Equity (c) Division of work (d) Order None 2. ___________refers to negative and unfavourable external factors that are likely to create hurdles for a firm. (a) Opportunities (b) Warnings (c) Threats (d) None of the above None 3. Personal objective of management is concerned with: (a) Personal growth and development of employees (b) Providing basic amenities to employees (c) Fulfilling social and financial needs of the employees (d) All of the above None 4. An established firm has fifty years of experience in the shipping industry. The company time and again proves itself as one of the dominant figures in the market. The plan for the whole year is given a lot of importance. According to the owner of the company, their plans are the basic structures upon which other important functions of management rest. It is important that the plans are communicated to the employees. The top management ensures that the plans are communicated and implemented at all levels and in all departments. To learn from past mistakes is a habit of this successful company. They prepare plans for short-term as well as long-term where it can be seen that throughout the year the plans are prepared one after another. Shipping industry needs such dedicated companies. The goals are specific and the activities to achieve these specific goals are undertaken. The company has planned a growth of 20% in revenue this year. Let's see how much it's possible for it to achieve by the end of the year. Identify the type of plan indicated in the above case. (a) Policies (b) Objectives (c) Procedures (d) Programmes None 5. Name the step of the controlling process being applied in the following example: "Management in a company is attempting to determine the difference between the actual number of goods produced and the desired quantity. He/She is already familiar with the standard because he/she has been assigned a specific number of goods to create by the management." (a) Setting standards (b) Measurement of actual performance (c) Analysing deviations (d) Comparing actual performance with standard performance None 6. Anshul was working in ABC Ltd., a company manufacturing air purifiers. He found that the profits had started declining from the last six months. Profit has an implication for the survival of the firm, so he analysed the business environment to find out the reasons for this decline. Identify the level of management at which Anshul was working. (a) Top level management (b) Middle level management (c) Supervisory level management (d) None of the above None 7. Identify and arrange the correct sequence of the steps involved in the Staffing process and choose the correct alternative: (a) (i), (iv), (iii), (ii) (b) (iii), (i), (iv), (ii) (c) (iii), (ii), (iv), (i) (d) (i), (ii), (iv), (iii) None 8. Read the following statements carefully. Statement I: Informal organisation refers to the organisation structure which is designed by the management to accomplish a particular task. Statement II: The structure in a formal organisation can be functional or divisional. Choose the correct option from the options given below: (a) Statement I is true and II is false (b) Statement II is true and I is false (c) Both the statements are true (d) Both the statements are false None 9. 'The National Pharmaceutical Pricing Authority (NPPA) has decided to invoke the public interest clause in the drugs law to pressurise the companies to reduce prices of medicines that go up more than 20% in a year.' Identify the factor affecting pricing decision of medicine companies referred here. (a) Product cost (b) The utility and demand (c) Extent of competition in the market (d) Government and legal regulations None 10. Which of the following stock exchanges has its index named as 'SENSEX'? (a) Indian Commodity Exchange Limited (ICEL) (b) Bombay Stock Exchange (BSE) (c) National Stock Exchange (NSE) (d) All of the above None 11. "High inflation rate' results in constraints for business environment.' It is a component of which of the following dimensions of business environment? (a) Social environment (b) Economic environment (c) Technological environment (d) Political environment None 12. 'While at the time of formation of the organisation, it was decided that right person should be given the right work.' Which stage of the Organising process is referred to in the above statement? (a) Identification and division of work (b) Assignment of duties (c) Establishing reporting relationships (d) Departmentalisation None 13. Read the following Statements-Assertion (A) and Reason (R), and choose one of the correct alternatives given below: Assertion (A): Planning is continuous. Reason (R): At the end of a specific period of time, there is need for a new plan to be drawn on the basis of future conditions. (a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A) (b) Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A) (c) Assertion (A) is true but Reason (R) is false (d) Assertion (A) is false but Reason (R) is true None 14. Which of the following is not a characteristic of a good brand name? (a) Short and simple (b) In local language (c) Sufficiently versatile (d) Distinctive None 15. Identify the principle of management being highlighted in the given picture. (a) Discipline (b) Equity (c) Division of work (d) Order None 16. Supervision means: (a) Fulfilment of legal formalities (b) Overseeing what is being done by subordinates (c) Overlooking faults (d) Both (b) and (c) None 17. Match the various types of tests given in Column I with their respective statements given in Column II and choose the correct alternative: (a) A - (ii), B - (iv), C – (iii), D – (i) (b) A - (iv), B - (iii), C – (i), D – (ii) (c) A - (iii), B - (iv), C – (i), D – (ii) (d) A - (i), B - (iv), C – (ii), D – (iii) None 18. Alpha Enterprises is a company manufacturing water geysers. The company has a functional structure with four main functions- Production, Marketing, Finance and Human Resource. As the demand for the product grew, the company decided to hire more employees. Identify the concept which will help the Human Resource Manager in deciding the actual number of persons required in each department. (a) Workload analysis (b) Workforce analysis (c) Job description (d) Job specification None 19. The process of converting the message into communication symbol is known as: (a) Start up (b) Decoding (c) Encoding (d) Feedback None 20. The abbreviation 'SEBI' stands for: (a) Savings and Exchange Bank of India (b) Securities and Exchange Bank of India (c) Survey of Essential Business in India (d) Securities and Exchange Board of India None 1 out of 1 Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Website Comment * Save my name, email, and website in this browser for the next time I comment.