Business Studies : Part - II 2010 CBSE [ All India ] Set I

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  • Q1

    List any two personal objective of management?

    Marks:1
    Answer:

    Competitive salary and personal growth.

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  • Q2

    Give any one reason why principles of management are not rigid prescriptions?

    Marks:1
    Answer:

    They are not rigid as they can be modified by manager when the situation so demands.

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  • Q3

    Hero Ltd’s target is to produce 10,000 shirts per month at a cost of Rs. 150 per shirt.  The Production Manager could achieve this target at a cost of Rs. 160 per shirt. Do you think the Production Manager is ‘effective’ ? Give reason in support of your answer.

    Marks:1
    Answer:

    Yes, he is effective as he is able to produce 10,000 shirts in a month but he is not efficient as he has exceeded the production cost.

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  • Q4

    State the objective of ‘Motion Study’.

    Marks:1
    Answer:

    The objective of motion study is to eliminate unnecessary movements so that it takes less time to complete the job efficiently.

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  • Q5

    Give any one advantage of internal sources of recruitment?

    Marks:1
    Answer:

    Employees are motivated to improve their performance as they are assured that they would be preferred over outside candidates for promotions.

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  • Q6

    Name the method of training in which the trainee learns under the guidance of a master worker.

    Marks:1
    Answer:

    Apprenticeship Training.

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  • Q7

    Name any two essential ingredients of sound working capital management.

    Marks:1
    Answer:

    Nature of Business and Business Cycle Fluctuations.

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  • Q8

    ‘Cost of debt’ is lower than the ‘cost of equity share capital’.  Give reasons why even then a company cannot work only with the debt.

    Marks:1
    Answer:

    To avoid permanent burden of paying interest, a company cannot work only with the debt.

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  • Q9

    Which Act of consumer protection provides safety to consumers against deficient services?

    Marks:1
    Answer:

    Consumer Protection Act, 1986.

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  • Q10

    Why is consumer protection important for businessmen? Give any one reason.       

    Marks:1
    Answer:

    Consumer protection is important for businessmen for maximising long term profit.

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