Class XII - Business Studies - 9 Date of Taking Test : December 25, 2024 Time: 20 Minutes 1. Which of the following statements is not true for operational level of management? (a) It ensures the quality of the output. (b) It strives to reduce the wastage of resources. (c) It is responsible for the welfare and survival of the organisation. (d) Its authority and responsibility is limited. None 2. Read the following statements carefully. Statement I: In case of emergencies, two persons at the same level can directly communicate with each other. Statement II: This has been provided so that communication is delayed. 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 3. "It may be difficult to know the extent of the relative impact of the social, economic, political, technological or legal factors on change in demand of a product in the market." Which feature of business environment is highlighted in the above lines? (a) Relativity (b) Complexity (c) Dynamic nature (d) Specific and general forces None 4. Match the specialist’s foremen under functional foremanship given in Column I with job assigned to them given in Column II and choose the correct alternative: (a) A-(i), B-(iii), C-(ii), D-(iv) (b) A-(ii), B-(iii), C-(iv), D-(i) (c) A-(iii), B-(ii). C-(i), D-(iv) (d) A-(i). B-(iv), C-(ii), D-(iii) None 5. Grapevine is: (a) Formal communication (b) Diagonal communication (c) Informal communication (d) Matrix communication None 6. Which of the following reflects the marketing concept philosophy? (a) "You won't find a better deal anywhere." (b) "When its profits versus customer's needs, profits will always win out." (c) "We are in the business of making and selling superior products." (d) "We don't have a marketing department; we have a customer focussed department." None 7. Arrange the following steps of Organising process in correct order and choose the correct alternative: (a) (ii), (iv), (i), (iii) (b) (ii), (iii), (i), (v) (c) (i), (iii), (ii), (iv) (d) (i), (iv), (ii), (ii) None 8. Read the following statements carefully. Statement I: Controlling does not provide direction to all activities and efforts for achieving organisational goals. Statement II: Controlling is not required in an educational institution, hospital, club and in any business organisation. 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. Identify the financial decision illustrated by the given picture. (a) Investment decision (b) Financing decision (c) Dividend decision (d) None of the above None 10. When the shares can be bought or sold at the price mentioned, it will be communicated to the broker's terminal and the order will be executed electronically. The broker will issue a ____________ to the investor. (a) Trade Confirmation slip (b) Order Confirmation slip (c) Contract Note (d) None of the above None 11. Name the first and largest depository presently operational in India. (a) National Securities Depository Limited (NSDL) (b) Central Depository Services Limited (CDSL) (c) National Stock Exchange (NSE) (d) Over-The-Counter Exchange of India (OTCEI) None 12. Single-use and standing plans are part of the (a) strategic (b) departmental planning process. (c) operational (d) All of the above None 13. SARA Ltd. is a company, manufacturing small electrical appliances where division of work into key areas includes production, purchase, marketing, accounts and personnel. Which of the following is an advantage of the organisation structure of SARA Ltd.? (a) It may lead to increase in cost. (b) Managers may gain power and assert independence and ignore organisation interests. (c) It leads to faster decision-making. (d) Heads do not get training for top management positions. None 14. Mona Sharma works in a readymade garments factory as a production manager. She was shifted to sales department without any substantial change in her responsibility and status. Which type of recruitment is done in this case? (a) Promotion (b) Transfer (c) Advertisements (d) None of the above None 15. A manager should replace 'I' with 'We' in all his conversations with workers to foster team spirit.' Which principle of management is being highlighted here? (a) Order (b) Equity (c) Discipline (d) Espirit de corps None 16. Read the following Statements-Assertion (A) and Reason (R), and choose one of the correct alternatives given below: Assertion (A): Warehousing creates time utility. Reason (R): Warehousing bridges the gap between production and consumption of goods. (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 17. GSV Steel Ltd. is a steel manufacturing company located in India. It is enjoying buoyant demand for its products as economic growth is about 9 to 10 per cent and demand for steel is growing. The company has decided to set up a new plant to cash on the increased demand. It is estimated that it will require about 5,000 crores to set up and about 1,000 crores of working capital to start the new plant. Identify the decision taken by the financial manager in the above case. (a) Financing decision (b) Investment decision (c) Dividend decision (d) Capital structure decision None 18. Which of the following is not included in legal environment? (a) Administrative orders issued by government authorities (b) Court judgements (c) International relations of the country (d) Business and tax laws None 19. Which of the following statements is incorrect? (a) Providing liquidity to securities is one of the functions of stock exchange. (b) Process of holding shares in electronic form is known as Dematerialisation. (c) Securities and Exchange Board of India performs the protective function of controlling insider trading and imposing penalties for such practices. (d) Capital market consists of commercial banks, development banks, Reserve Bank of India and Mutual Funds. None 20. __________is the process of defining and grouping the activities of an enterprise and establishing authority relationships among them. (a) Planning (b) Organising (c) Controlling (d) Directing 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.