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Business Studies
BUSINESS STUDIES 
IMPORTANT QUESTION 

Time : 3 Hours  Maximum Marks : 80

General Instructions :

(i) All questions from 1 to 5 are of 2 marks and should be answered in 10 to 20 words.
(ii) All questions from 6 to 10 are of 3 marks and should be answered in 20 to 30 words.
(iii) All questions from 11 to 15 are of 4 marks and should be answered in 40 to 50 words.
(iv) All questions from 16 to 21 are of 5 marks and should be answered in 60 to 70 words.
(v) All questions from 22 to 25 are of 6 marks and should be answered in 100 words.
(vi) Attempt all parts of a question together

Q.1. What is meant by production concept of marketing ?

1
Q.2. Enumerate any two features of directing.

1
Q.3. State any two functions of top-level management.

1
Q.4. An organisation follows the principles of management. What are the positive effects of each of the following principles of management on the organisation ? 
(i) Scalar chain
(ii) Equity, and
(iii) Division of work

1
Q.5. How does marketing help a firm to build goodwill in the market ?

1
Q.6. What is meant by ‘economic environment’ of business ?

1
Q.7. Enumerate any three market related factors that should be kept in view while taking decision on the choice of channels of distribution of any product.

1
Q.8. “All managers are leaders, but all leaders are not managers.” Do you agree with this statement ? Give any three reasons in support of your answer.

1
Q.9. How does motivation improve the efficiency of workers in an organisation ? Give any three points.

3
Q.10. State any three objectives of sales promotion.

3
Q.11. You are the representative of workers in a factory and want to impress upon the management the need for introducing time-rate system in place of existing piece-rate system of wage payment. What four reasons would you like to give to the management to justify your viewpoint ? Explain, in brief.

3
Q.12. Define the term ‘Organizing’ and enumerate the steps involved in the process of organizing.

2
Q.13. Describe, in brief, Taylor’s principles of
(i) Science, not the rule of thumb, and
(ii) Harmony, not discord.

2
Q.14. Distinguish between Capital market and Money market on the basis of 4
(i) Participants,
(ii) Instruments traded
(iii) Investment outlay, and
(iv) Safety

4
Q.15. “Securities and Exchange Board of India is the watchdog of the securities market.” Do you agree ? Give four reasons in support of your answer.

4
Q.16. Write any five factors of a structural capital of a business enterprise with examples.

4
Q.17. Explain any five negative impacts of liberalization and globalization on business and industry in India.

4
Q.18. “Management is regarded as fully-developed profession.” Do you agree ? Give reasons.

4
Q.19. Defining ‘organisational objectives’ is the first step in the process of planning. Explain, in brief, the other steps of this process.

4
Q.20. Explain any six features of planning, in brief with examples.

5
Q.21. Controlling helps in achieving objectives of the organisation and improving employees’ morale.” Explain this statement, in brief.

5
Q.22. What are the most important factors which must be considered while taking decision be considered before taking decision about the particular type of advertisement of a product.

5
Q.23. Give any six reasons for “Why employees training are necessary in an organisation?

6
Q.24. “Authority can be delegated but accountability cannot.” Explain the given statement.

6
Q.25. What are the six remedies under the consumer 1986 Protection Act available for consumers. 6

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