Board Paper of Class 12-Commerce 2012 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

Name the type of plan which is time bound and linked with measurable outcome.
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Question 2

‘Planning is done for achieving the organisational goals.’ Do you agree? Give one reason in support of your answer.
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Question 3

Identify the nature of management when it is said to be systematised body of knowledge that explain certain general truths.
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Question 4

At which level of management are the managers responsible for the welfare and survival of the organisation?
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Question 5

Give the meaning of ‘orientation’ as a step in the process of ‘Staffing’.
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Question 6

Define ‘Formal Communication’.
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Question 7

State any one ‘regulatory function’ of Securities Exchange Board of India (SEBI).
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Question 8

State any one objective of setting up National Stock Exchange of India (NSEI).
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Question 9

How business associations act as a means of consumer protection? State.
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Question 10

Give any one relief available to consumer who suffers due to consumption of expired date medicine.
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Question 11

Explain how the principles of management:
a. Provide useful insights into the reality and
b. Help in thoughtful decision making
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Question 12

Why is training important for the organisation? State any three reasons.
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Question 13

What is meant by ‘financial management’? State the primary objective of financial management.
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Question 14

Nisha, a school bag manufacturer decided to improve the product for the profit maximisation and thus added a water bottle holder to the existing design..
i. Identify the marketing management philosophy adopted by Nisha.
ii. Main focus and means and end
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Question 15

Explain any three qualities of a good leader.
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Question 16

Explain the technique of scientific management that is the extension of ‘Principle of division of work and specialisation’.
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Question 17

Describe briefly the steps involved in the process of organising.
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Question 18

Explain the following as factors affecting financial decision.
i. Cost
ii. Cash flow position of business
iii. Level of fixed operating cost
iv. Control consideration
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Question 19

Explain the following ‘Rights of a Consumer’.
i. Right to safety
ii. Right to consumer education
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Question 20

Manu, a Chief Manager in a company using highly sophisticated machines and equipments, wants that every employee should be fully trained before using the machines and equipments. Suggest and describe the best method of training that Manu can use for training the employees.
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Question 21

What is ‘coordination’? How it ‘integrates group efforts’ and ‘ensures unity of action’?
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Question 22

State any five impacts of government policy changes on business and industry.
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Question 23

State any five features of planning.
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Question 24

Neelabh is engaged in ‘Transport business’ and transports fruits and vegetables to different states. Stating the reason in support of your answer, identify the working capital requirements of Neelabh. Neelabh also wants to expand and diversify his transport business, explain any two factors that will affect his fixed capital requirements.
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Question 25

Differentiate between marketing and selling on any five basis.
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Question 26

What is meant by ‘Informal organisation’? State the features of informal organisation.
OR

What is meant by decentralisation? State any four points of importance of decentralisation.
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Question 27

Give the meaning of 'Supervision' as an element of 'Directing' and any four points
that explain its role.

OR

What is meant by 'Motivation'? Explain Maslow's need hierarchy theory of motivation.
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Question 28

Describe the relationship between 'Planning' and 'Controlling'.

OR

Briefly explain the importance of Controlling.
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Question 29

Explain any four functions of 'Financial-Market'.

OR

Explain any four functions of 'Stock Exchange'.
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Question 30

Consumer products are classified on different basis. 'Shopping Efforts Involved' is one of them. Explain any three types of products in this category.

OR

Choice of channels of distribution depends on various factors. Explain any four factors which affect the choice of channels of distribution.
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