Board Paper of Class 12-Commerce 2013 Business Studies Delhi(SET 2) - Solutions

What is the primary objective of ‘Financial Management’?

State how ‘Growth Prospectus’ affect the working capital requirements of a company?

What should be done while ‘taking corrective action’ in process of controlling, when especially in the important areas deviations go beyond the acceptable range?

At which level of management does directing takes place?

Why is motivation called a complex process?

Define “Recruitment”.

Pragya bought an iron of a reputed brand for Rs 1,500 but it caused an electric shock while it was being used. Pragya wants to exercise her ‘Right’. Identify the ‘Right’ under which she can be protected.

Under three-tier machinery where can a legal heir or representative of a deceased consumer file a complaint where the compensation claim is Rs 25 lakhs.

Distinguish between ‘Selling Concept’ and ‘Marketing Concept’ of Marketing Management Philosophies on the basis of ‘main focus.’

Why is ‘Marketing’ called a social process?

State any one consequence of well performed ‘allocative function’ of financial market.

Give the meaning of ‘Capital Market’.

Name and explain the principle of management according to which a manager should replace ‘I’ with ‘We’ in all his conversations with workers.

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Explain ‘Science-not Rule of Thumb’ as a principle of Scientific Management

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Explain ‘method’ as one of the types of plans.

Explain the following as features of Planning:

(a) Planning focuses on achieving objectives, and

(b) Planning is a mental-exercise.

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Ajay was appointed a marketing head of ‘Alfa Enterprise’ manufacturers of toothpaste and toothbrushes. His target sale was 2,000 units a month. Apart from thinking about various channels of distribution to achieve the target he himself started visiting schools in backward areas. He found that even after taking various steps and counselling, some school children had not started brushing their teeth. He investigated and found that they could not afford to buy toothbrush and toothpaste. So with due permission he started donating 200 toothbrushes and toothpastes every month to the school.

(i) Identify the channel of distribution ‘Ajay would adopt for distribution of toothpaste and toothbrushes and justify it by giving one reason.

(ii) State any two values which Ajay wants to communicate to the society.

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‘Though branding adds to the cost, it provides several advantages to the marketers’. In the light of the statement state any three advantages of branding to marketers.

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Distinguish between ‘Delegation’ and ‘Decentralisation’ on the basis of the following:

(i) Purpose;

(ii) Scope;

(iii) Status; and

(iv) Nature.

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What is meant by a ‘long-term investment decision’? State any three factors which affect the long term investment decisions.

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State the steps in the organising process.

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Explain the concept of ‘Consumer Protection’ and any three points of its importance from the point of view of consumers.

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Explain any five characteristics of co-ordination.

Nishant, the director of a garments company, is planning to manufacture bags for the utilization of waste material from one of his garment units. He has decided that this manufacturing unit will be set-up in a rural area of Orissa where people have very few job-opportunities and labour is available at very low rates. He has also thought of giving equal opportunities to men and women.

For this he wants four different heads for Sales, Account, Purchase and Production. He gives an advertisement and shortlists ten candidates per post after conducting different selection-tests.

(i) Identify and state the next three steps for choosing the best candidate out of the candidates short-listed.

(ii) Also identify two values which Nishant wants to communicate to the society by setting up this manufacturing unit.

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The court passed an order that all schools must have water purifier for the school children as:

(i) Society in general is more concerned about quality of life;

(ii) Innovative techniques are being developed to manufacture water purifier at competitive rates;

(iii) Incomes are rising and children at home are also drinking purified water. The Government is also showing positive attitude towards the water purifier business.

Identify the different dimensions of business environment by quoting from the above details.

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Explain the various steps in the process of controlling.

Explain any four functions of stock exchange.

OR

Explain the following money market instruments:

(a) Call Money

(b) Treasury Bill and

(c) Commercial Paper

(d) Certificate of Deposit

Explain the concept of personal selling and any four qualities of a good salesman.

OR

Explain any four factors which affect the determination of the price of a product

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‘The barriers to effective communication exist in all organisations to a greater or lesser degree.’ State any six measures to overcome these barriers.

OR

‘The Supervisor performs a very important role in an organisation by performing multiple functions.’ State any six such functions.

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What is meant by ‘Dividend Decision’? Explain any four factors which affect the dividend decision of a company.

OR

What is meant by ‘Financial Planning’? Explain any five points which highlight its importance.

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