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

• Question 1
  ‘To see whether plans are implemented and activities are being performed according to schedule’, is a step of planning process. Identify the step. VIEW SOLUTION

• Question 2
  Define organising as a function of management. VIEW SOLUTION

• Question 3
  Identify the type of suitable organisation structure for a large organisation having diversified activities requiring high degree of specialisation in operations. VIEW SOLUTION

• Question 4
  What is meant by ‘Principles of Management’? VIEW SOLUTION

• Question 5
  State how staffing ensures ‘continuous survival and growth of the enterprise’. VIEW SOLUTION

• Question 6
  Name and state the ‘on-the-job method of training’ that is used to give training to the electricians. VIEW SOLUTION

• Question 7
  What is meant by ‘Democratic style of leadership’? VIEW SOLUTION

• Question 8
  What is meant by ‘Motivation’? VIEW SOLUTION

• Question 9
  State the essential function of a ‘primary market’. VIEW SOLUTION

• Question 10
  Name two alternative mechanisms through which allocation of funds can be done. VIEW SOLUTION

• Question 11
  What is the advantage of registering ‘trade mark’? VIEW SOLUTION

• Question 12
  State the meaning of ‘Product Identification’ function of packaging. VIEW SOLUTION

• Question 13
  Explain how ‘critical point control’ helps in controlling process. VIEW SOLUTION

• Question 14
  Explain how controlling helps in:
  a. Making efficient use of resources
  b. Improving employee’s motivation VIEW SOLUTION

• Question 15
  Explain any three functions of stock exchange. VIEW SOLUTION

• Question 16
  State any three ‘protective functions’ of Securities and Exchange Board of India (SEBI). VIEW SOLUTION

• Question 17
  Explain any three points of importance of consumer protection from the point of view of business. VIEW SOLUTION

• Question 18
  State any six reliefs available to a consumer when the consumer court is satisfied with the genuineness of the compliant. VIEW SOLUTION

• Question 19
  Sahil, the director of a garments company, is planning to manufacture bags for the utilisation of waste material of one of his garments units. He decided that this manufacturing unit will be set up in a rural area of Odisha where people have very less job opportunities and labour is available at very low rate. He also thought of giving equal opportunities to men and women.
  For this he selected S. Chatterjee, Inderjeet Kaur, Aslam and Sarabjeet as heads of Sales, Accounts, Purchase and Production departments.

  (i) Identify and state the next two steps that Sahil has to follow in the staffing process after selecting the above heads.

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

  VIEW SOLUTION

• Question 20
  Explain the concept and the objective of Financial Management’. VIEW SOLUTION

• Question 21
  Explain any four factors which affect the fixed capital requirement of a company. VIEW SOLUTION

• Question 22
  What is meant by ‘Investment Decisions’? State any three factors which affect the ‘investment decision’. VIEW SOLUTION

• Question 23
  State any five characteristics of management. VIEW SOLUTION

• Question 24
  Nikita and Salman completed their MBA and started working in a multinational company at the same level. Both are working hard and are happy with their employer. Salman had the habit of backbiting and wrong reporting about his colleagues to impress his boss. All the employees in the organisation knew about it. At the time of performance appraisal the performance of Nikita was judged better than Salman. Even then their boss, Mohammad Sharif, decided to promote Salman, stating that being a female, Nikita will not be able to handle the complications of the higher post.

  (i) Identify and explain the principle of management which was not followed by this multinational company.

  (ii) Identify the values which are being ignored quoting the lines from the above para.

  VIEW SOLUTION

• Question 25
  Explain any five limitations of planning. VIEW SOLUTION

• Question 26
  The court passed an order to ban polythene bags as
  (i) These bags are creating many environmental problems which affect the life of people in general.

  (ii) Society in general is more concerned about the quality of life. The government decided to give subsidy to jute industry to promote this business. Innovative techniques are being developed to manufacture jute bags at low rates. Incomes are rising and people can afford to buy these bags.

  Identify the different dimensions of business environment by quoting the lines from the above particulars. VIEW SOLUTION

• Question 27
  Give the meaning of ‘Informal Organisation’ and state any five features of it.
  
  OR
  
  Give the meaning of essential elements of ‘Delegation’ VIEW SOLUTION

• Question 28
  Explain the following non-financial incentives.
  (i) Status
  (ii) Organisational climate
  (iii) Career advancement opportunities
  
  OR
  
  Explain any four psychological barriers to effective communication. VIEW SOLUTION

• Question 29
  ‘Choice of an appropriate channel of distribution is a very important marketing decision which depends on various factors’. Explain any three such factors.
  
  OR
  
  Pricing of a product is an important and effective competitive weapon in marketing which depends upon various factors. Explain any three such factors. VIEW SOLUTION

• Question 30
  
  Explain the role of ‘Advertising’ in marketing management.
  
  OR
  
  Explain the role of ‘Public Relations’ in marketing management. VIEW SOLUTION