List of top Business Studies Questions

Read the following text and answer the questions that follow on the basis of the same:
Three friends, Rajat, Raman, and Ansh, after completing their studies from a reputed business school in Delhi, were discussing the organisation they should be joining. Rajat was very clear about his future. He would like to take a job in the government sector as it gives him stability in his future income and the kind of work which will help him to work with greater zeal. It will also provide him with many post retirement benefits when he retires from his service. Raman wants to work with a company which has an appropriate and clear development plan for its employees and helps the employees to grow to higher levels in the organisation. In addition to this, the company should also provide facilities like free housing, free medical aid etc. Ansh said that he would prefer to work with an organisation, which has a culture of individual autonomy that is considered by employees and provides employees with the opportunity for personal growth and meaningful work experience.
All of them have different set of expectations and needs of joining an organisation.
Read the following text and answer the questions that follow on the basis of the same:
Charvi, after acquiring a degree in Hotel Management and Business Administration took over her family food processing company of manufacturing pickles, jams and squashes. The business was established by her great grandmother and was doing reasonably well. However, the fixed operating costs of the business were high and the cash flow position was weak. She wanted to undertake modernization of the existing business to introduce the latest manufacturing processes and diversify into the market of chocolates and candies. She was very enthusiastic and approached a Financial Consultant, who told her that approximately Rs. 50 lakhs would be required for undertaking the modernization and expansion programme. The Financial Consultant advised her about the judicious mix of equity (40%) and Debt (60%). He also suggested her to take loan from Financial Institution as the cost of raising funds from Financial Institutions is low. Though this will increase the financial risk, but will also raise the return to equity shareholders. He also apprised her that issue of debt will not dilute the control of equity shareholders. At the same time, the interest on loan is a tax deductible expense for computation of tax liability. After due deliberations with the Financial Consultant, Charvi decided to raise funds from a Financial Institution.
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“It refers to the number of subordinates that can be effectively managed by a superior. This determines the levels of management in the structure.”
Identify the concept of organization structure discussed in the above lines.
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FSSAI (Food Safety and Standards authority of India) has made a proposal for hotels and other food outlets to declare the kind of oil/fat used in cooking each of the food items on their menus. The Consumer Right being reinforced by this proposal is ..............
It has been made compulsory to settle all trades within 2 days of the trade, i.e. on a T+2 basis, since 2003. Prior to the reforms, the securities were traded and all positions in the stock market were settled on a .............. settlement cycle whether it was delivery of securities or payment of cash.
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Though advertising is one of the most frequently used medium of promotion of goods and services, it attracts lot of criticism. Identify various criticisms of Advertising:
(A) Undermines Social Values
(B) Encourages Sale of Inferior Products
(C) Confuses the Buyers
(D) Flexible Tool
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Which of the following statement is true?
“The aim of a manager is to reduce costs and increase productivity through better planning, organising, directing, staffing and controlling the activities of the organization”. The statement highlights which point of importance of management?
Arrange the following as per Maslow's hierarchy of needs:
(A) It refers to the drive to become what one is capable of becoming.
(B) Hunger, thirst, shelter, and sleep are some examples of these needs.
(C) Job security, stability of income, Pension plans etc.
(D) These include factors such as self-respect, autonomy status, recognition and attention.
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Match List-I with List-II
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“In an organisation, a well-defined plan is drawn up with specific goals to be achieved within a specific time frame. These plans then decide the future course of action and managers may not be in a position to change it. Following a pre-decided plan, when circumstances have changed, it may not turn out to be in the organisations interest”.
The above statement reflects which limitation of planning?
Which of the following is not a component of economic environment?
(A) Existing structure of the economy in terms of relative role of private and public sectors.
(B) Agricultural and industrial production trends
(C) Attitudes towards product innovations, lifestyles, occupational distribution and consumer preferences
(D) Expansion of transportation and communication facilities
Packaging has acquired great significance in the marketing of goods and services, because of following reasons:
(A) Because of the increasing standards of living in the country.
(B) Because the self-service retail outlets are becoming very popular.
(C) Because it helps in creating product differentiation.
(D) Because it describes the product and specifies its contents.
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Match List-I with List-II
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Decentralization should be applied with caution as ...............
In today's scenario, organizations look for individuals with specific qualifications and experience to manage them. What does the above statement imply?
“In Japanese companies, paternalistic style of management is in practice. If at all workers go to strike they wear a black badge but work more than normal working hours to gain the sympathy of the management.”
Identify the principle of Taylor highlighted in the above lines.
Arrange the following steps of Planning process in order:
(A) Planning is concerned with the future which is uncertain and every planner is using conjecture about what might happen in future.
(B) An innovative course may be adopted by involving more people and sharing their ideas. If the project is important, then more alternatives should be generated and thoroughly discussed amongst the members of the organisation.
(C) Monitoring the plans is equally important to ensure that objectives are achieved.
(D) Every organization must have certain objectives. Objectives may be set for the entire organisation and each department or unit within the organisation.
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Which of the following is not a function of Stock Exchange?
Arrange the following in the correct order of the working of the Demat System.
(A) An account opening form and documentation (PAN card details, photograph, power of attorney) may be completed.
(B) If shares are applied in a public offer, simple details of DP and demat account are to be given and the shares on allotment would automatically be credited to the demat account.
(C) The physical certificate is to be given to the DP along with a dematerialization request form.
(D) A Depository Participant (DP), either a bank, broker, or financial services company, may be identified.
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The following points summarise the nature of principles of management:
(A) The principles of management are formed by experience and collective wisdom of managers as well as experimentation.
(B) The principles of management are intended to apply to all types of organisations.
(C) The principles of management are rigid prescriptions, which have to be followed absolutely.
(D) The principles of management are intended to establish relationship between cause and effect.
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Which of the following is an Off the Job Training method?