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Board Paper of Class 12-Commerce 2013 Business Studies All India(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
    ‘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 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 ‘management by exception’ helps in controlling process. VIEW SOLUTION
  • Question 14
    Explain how controlling helps in:
    a. Accomplishing organisational goals
    b. Judging accuracy of standards VIEW SOLUTION
  • Question 15
    Explain any three functions of financial market. VIEW SOLUTION
  • Question 16
    State any three ‘development 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 consumers. VIEW SOLUTION
  • Question 18
    State any six responsibilities of a consumer which should be kept in mind while purchasing the goods. 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 features of ‘Co-ordination’. 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
    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 26
    Explain any five features of planning. 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
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