Board Paper of Class 12-Commerce 2008 Business Studies Delhi(SET 1) - Solutions

General Instructions:
(i) Answer to questions carrying 1 mark may be from one word to one sentence.
(ii) Answer to questions carrying 3 marks may be from 50 to 75 words.
(iii) Answer to questions carrying 4-5 marks may be about 150 words.
(iv) Answer to questions carrying 6 marks may be about 200 words.
(v) Attempt all parts of a question together.

Question 1

‘The management principles can be applied to all types of activities’. Which characteristic of management is highlighted by the statement?
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Question 2

Name the process of designing and maintaining an environment in which individuals working together in groups, efficiently accomplish selected aims.
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Question 3

What is the main objective of fatigue study?
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Question 4

Name the function of management which co-ordinates the physical, financial and human resources and establishes productive relations among them for achievement of specific goals.
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Question 5

State how the management principles are flexible.
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Question 6

Which function of management ensures that actual activities confirm to the planned activities?
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Question 7

A company wants to establish a new unit in which machinery of worth Rs. 10 lakh is involved. Identify the type of decision involved in financial management.
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Question 8

Name the concept which increases the return on equity shares with a change in the capital structure of a company.
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Question 9

Ahmed wants to buy an iron. As an aware customer how can he be sure about the quality of the iron?
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Question 10

Mohit filed a case against ‘Domestic Cooling Ltd.’ in the District Forum. But he was not satisfied with the orders of the District Forum. Where can he appeal further against the decision of the District Forum?
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Question 11

Explain how planning provides direction to action.
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Question 12

What is meant by ‘formal organisation’? List any two advantages of formal organisation.
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Question 13

To be a successful leader, one must possess some qualities. State any three of such qualities of a leader.
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Question 14

Explain any three advantages of ‘labelling’.
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Question 15

Nature of money market can be well explained with the help of its features. State any three such features of money market.
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Question 16

Explain ‘objective’ and ‘policy’ as types of plans using suitable examples.
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Question 17

What is required to tackle the uncertainty in respect of availability and timing of funds? Name the concept involved and explain any three points of its importance.
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Question 18

Explain the following rights of consumer.
i. Right to safety
ii. Right to consumer education
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Question 19

State any four reasons why training is needed in an organisation.
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Question 20

‘Supervision is not at all required in an organisation.’ Do you agree? Give two reasons in support of your answer.
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Question 21

Raman is working as ‘Plant superintendent in Tifco Ltd’. Name the managerial level at which he is working? State any four functions he will perform as ‘Plant superintendent’ in the company.
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Question 22

Explain the following principles of management.
i. Scalar chain
ii. Science and not rule of thumb
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Question 23

Maslow’s need hierarchy is considered fundamental to understanding of motivation. Explain the role of need-hierarchy in motivation.
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Question 24

Distinguish between capital market and money market on the following basis.
i. Participants
ii. Instruments traded
iii. Duration of securities traded
iv. Expected return
v. Safety
vi.
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Question 25

Some of the products have certain unique features. They attract a significant group of buyers. Identify the kind of product and list its features.
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Question 26

What is meant by ‘functional structure’ of organisation? Explain any two advantages and any two limitations of this structure.

OR

What is meant by ‘decentralisation’? Explain any four points which highlight the importance of decentralisation in an organisation.
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Question 27

Filling the vacancies form within the organisation has some advantages as well as limitations. Explain any three such advantages and three limitations.

OR

Which function of management helps in obtaining right people and putting them on the right jobs? Explain any five points of importance of this function.
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Question 28

What is meant by ‘budgetary control’. State its four advantages.

OR

‘Controlling is an indispensable function of management.’ Give reasons in support of your answer.
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Question 29

Explain any four factors which affect the working capital requirements of a business.

OR

Explain any four factors which affect the capital structure of a business.
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Question 30

Explain any four important elements of marketing mix.

OR

Explain the following as functions of marketing:
i. Market planning
ii. Product designing and development
iii. Customer support services
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