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CBSE(NCERT) · Grade 12 · Business Studies

CBSE(NCERT) GRADE 12 BUSINESS STUDIES 2023 SET3

39 questions from this Grade 12 Business Studies paper. Log in as a Grade 12 student to view solutions.

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Q3 mcq 1 mark
___________ by means of delegation from top to lower level of authority.
  • A. Organisation
  • B. Decentralisation
  • C. Responsibility
  • D. Delegation

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Q3 mcq
___________ refers to the downward transfer of authority from a superior to a subordinate.
  • A. Organising
  • B. Decentralisation
  • C. Accountability
  • D. Delegation

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Q4 mcq 1 mark
During the COVID-19 pandemic, the restaurant industry faced many challenges. Due to the lockdown, demand dropped significantly. In April, 2022 the effect of COVID started reducing. This was a need. The factor affecting working capital requirement discussed above is :
  • A. Seasonal factor
  • B. Operating cycle
  • C. Efficiency of operations
  • D. Business cycle

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Q4 mcq
During the Covid-19 pandemic, the restaurant industry faced many challenges. The slowdown led to huge decrease in demand. From April 2022, the effect of Covid started reducing. The economy started picking up and a boom was noticed in the restaurant industry. As a result, larger amount of working capital was required with increased production and sales. The factor affecting the working capital requirement discussed above is :
  • A. Seasonal factor
  • B. Production cycle
  • C. Operating efficiency
  • D. Business cycle

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Q5 mcq 1 mark
In response to changes in consumer preference towards online shopping, Fast-Service started a किराना (grocery) delivery app. This is a platform which makes delivery of groceries in 10 minutes. Due to this service Fast-Service prepared a plan for one year and decided that it would collect funds directly by issuing securities to public. The market through which Fast-Service decided to collect funds for its expansion is :
  • A. Money market
  • B. Primary market
  • C. Secondary market

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Q5 mcq
Adapting to a change in consumer preference towards online shopping, __- earned huge profit within a year. It planned to expand its operations and decided to raise funds by directly issuing its securities to investors. The market through which __- its expansion is :
  • A. Money market
  • B. Primary market
  • C. Secondary market
  • D. Both Primary and Secondary markets

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Q6 mcq
with respect to returns and principal repayment as compared to Money M M M
  • A. Instruments
  • B. Duration
  • C. Safety
  • D. Liquidity

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Q7 mcq
Elegant not utterable is known as its :
  • A. Brand
  • B. Brand name
  • C. Brand mark
  • D. Trade mark

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Q8 mcq
speedy processing of orders in the absence of which goods will reach the
  • A. Warehousing
  • B. Order Processing
  • C. Transportation
  • D. Inventory Control

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Q8 mcq
speedy processing of orders in the absence of which goods will reach the The component of physical distribution highlighted above is :
  • A. Warehousing
  • B. Order Processing
  • C. Transportation
  • D. Inventory Control

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Q9 mcq
________ involves a variety of programmes designed to promote or protect the public.
  • A. Personal selling
  • B. Public relations
  • C. Sales promotion
  • D. Advertising

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Q10 mcq
Coordination integrates the efforts of different departments and at Identify the characteristic of coordination highlighted in the above statement.
  • A. Coordination ensures unity of action.
  • B. Coordination is an all pervasive function.
  • C. Coordination is a deliberate function.
  • D. Coordination is the responsibility of all managers.

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Q11 mcq
The process of defining and grouping the activities of the enterprise and establishing authority relationship among them is :
  • A. Directing
  • B. Staffing
  • C. Management
  • D. Organising

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Q12 mcq
Which of the following are the examples of Legal Environment ?
  • A. (i) and (iv)
  • B. (i) and (ii)
  • C. (ii) and (iii)
  • D. (i) and (v)

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Q13 mcq
Which of the following is not a step in the process of ontrolling function of management ?
  • A. Setting performance standards
  • B. Assignment of duties
  • C. Taking corrective action
  • D. Comparing actual performance with standards

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Q14 mcq
Statement I : Management is multi-dimensional. Statement II : The activities involved in managing an enterprise are common to all organisations whether economic, social or political. Choose the correct option from the options given below :
  • A. Statement I is true and II is false.
  • B. Statement II is true and I is false.
  • C. Both the statements are false.
  • D. Both the statements are true.

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Q15 mcq
company had launched new eco-friendly paper straws in the market. He was given a target of producing 5,000 straws a day, by the General Manager. In spite of making the employees work overtime, Umang could not meet the target. On investigation, it was found that the employees had not received the right training to manufacture these eco-friendly paper straws. So the employees were sent for special training. The function of management which helped Umang in identifying that he could not meet the target is :
  • A. Planning
  • B. Organising
  • C. Directing
  • D. Controlling

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Q19 mcq
observed that the receptionist was seated at the reception desk, the place fixed for her. Dental instruments were laid neatly in dental instrument trays and the used instruments were placed in the sterilisation area. There was a fixed place for everything and it was present there. There was no hindrance in the work of the dentist and she was working with her maximum efficiency. The principle of management followed at
  • A. Equity
  • B. Discipline
  • C. Order
  • D. Initiative

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Q20 mcq
manner. It is earning enoug

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Q20 mcq
It is earning enough revenue to cover costs and the risks of the business. Now the company wants to increase the sales volume, the capital investment, the number of employees and the number of products also. By doing this, the management wants to achieve its following objective :
  • A. Survival
  • B. Profit
  • C. Personal
  • D. Growth

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Q21 short answer 3 marks
Name the process of holding securities in an electronic form.

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Q22 short answer 3 marks
Name any two participants of Money Market.

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Q22 short answer 3 marks
Hitesh Festive season, Hitesh got an additional order of 10,000 garments which he had to supply within two days. Due to his goodwill in the market, he did not want to lose the order. So, he decided to achieve the target by operating on double shifts. He achieved the target and supplied the order within two days. But due to double shifts, his cost of production was higher than the regular production cost. Identify and give the meaning of the two concepts of management discussed in the above para.

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Q23 short answer 3 marks
Name the depositories that hold securities in electronic form.

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Q23 short answer 3 marks
organisation in many ways. State any three benefits of this process to the organisation.

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Q24 short answer 3 marks
State any three factors affecting the dividend decision.

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Q24 short answer 3 marks
(a) Explain the following methods of training : (i) Vestibule training (ii) Internship training OR (b) Explain any three advantages of external sources of recruitment.

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Q25 long answer 4 marks
Debentures of < 4,00,000 and 10,000 Equity shares of < 60 each. This investment resulted in a net profit of < 2,00,000 before interest and tax. The tax rate was 50%. (a) (b) State with reason whether the above example is that of favourable or unfavourable financial leverage.

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Q26 long answer 4 marks
Nitya is a student of class XII of a well-known school. She has a preconceived notion that her teacher always finds fault in her work. One day while checking the project work of class XII, her teacher wanted to appreciate Nitya for her hard work and good performance, but before she could complete her sentence, Nitya left the room without listening to her teacher. (a) of barrier to which it is related. (b) Explain two other communication barriers of the type/category identified in (a) above.

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Q27 short answer 4 marks
Identify and give the meaning of the concepts highlighted in the following statements : (a) The process of finding possible candidates for a job. (b) An assessment of the number and types of human resources necessary for the performance of various jobs. (c) Introducing the selected employees to other employees and familiarising them with the rules and policies of the organisation. (d) It ensures that the organisation gets the best employees amongst the employees available.

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Q28 short answer 4 marks
t a price which is less than the market price. (a) Identify the incentive offered by the company and state the type of incentive discussed above. (b) State two other incentives of the type of incentive identified in (a) above.

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Q29 long answer 4 marks
(a) Keeping in mind the emerging nature of the securities market in India, Securities and Exchange Board of India was entrusted with the twin task of both regulation and development of the securities market. State any two regulatory and two development functions of it. OR (b) Explain the following factors affecting the working capital requirements of an enterprise : (i) Nature of business (ii) Availability of raw material

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Q30 long answer 4 marks
(a) What is meant by Consumer Protection ? Explain any two points of of view. 4 OR (b) Explain the following rights of a consumer

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Q30 long answer 4 marks
(a) What is meant by Consumer Protection ? Explain any two points of view. OR (b) Explain the following rights of a consumer : (i) Right to choose (ii) Right to safety

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Q31 long answer 6 marks
(a) Explain the following principles of Scientific Management : (i) Harmony, not Discord (ii) Science, not Rule of Thumb OR (b) Explain the following principles of management : (i) Equity (ii) Authority and Responsibility (iii) Stability of Personnel

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Q32 long answer 6 marks
from amongst the different alternative courses of action to achieve these (a) Identify the function of management referred above. (b) State any five features of the function of management identified in (a) above.

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Q33 long answer 6 marks
most popular brand for snacks and sweets. It offers a wide range of sweets, namkeens, cookies and frozen foods. Its organisational structure comprises of separate business units in each of the above categories. Each of these units have a manager responsible for performance, having authority over the unit. Moreover, each of these units is multi-functional as within each unit, different functions like production, marketing, finance, etc. are performed. Though this kind of organisational structure leads to increased cost because of duplication of activities across products, but it provides a proper basis for performance measurement as revenues and costs related to each of these business units can be easily identified. (a) Identify the organisational (b) State three advantages and two disadvantages of the organisational structure identified in (a) above which are not discussed in the above case.

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Q34 long answer 6 marks
X Ltd. is engaged in the manufacturing of cars. The company surveyed the market and found that customers need a car which runs on eco-friendly fuel instead of petrol or diesel. Keeping the needs of customers as well as social, ethical and ecological aspects of marketing in mind, the company launched a new model of car that runs on bio-diesel. The launch event was covered by the top news channels and newspapers. This was done to disseminate

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Q34 short answer 6 marks
X Ltd. is engaged in the manufacturing of cars. The company surveyed the market and found that customers need a car which runs on eco-friendly fuel instead of petrol or diesel. Keeping the needs of customers as well as social, ethical and ecological aspects of marketing in mind, the company launched a new model of car that runs on bio-diesel. The launch event was covered by the top news channels and newspapers. This was done to disseminate information about the car and build goodwill of the business. X Ltd. understands that it is imperative to s with the public on a regular basis. (a) Identify and explain the marketing philosophy involved in the above case. (b) Identify and explain the communication tool that was used by the company. (c) Explain any two other promotional tools that can be used by X Ltd. to achieve its objectives.

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