Business Studies : Part - II 2013 CBSE [ Delhi] Set II

To Access the full content, Please Purchase

  • Q1

    Define ‘recruitment’.

    Marks:1
    Answer:

    Recruitment is defined as the process of searching for prospective employees and stimulating them to apply for jobs in the organisation.

    View Answer
  • Q2

    Why is motivation called a complex process?

    Marks:1
    Answer:

    Motivation is called a complex process as individuals are heterogeneous in their expectations, perceptions and reactions and a type of motivation may not have the same effect on all the employees of the organisation.

    View Answer
  • Q3

    At which level of management directing takes place?

    Marks:1
    Answer:

    Top level of Management.

    View Answer
  • Q4

    What should be done while taking corrective action in the process of controlling when, especially in the important areas, deviations go beyond the acceptable range?

    Marks:1
    Answer:

    When deviations go beyond the acceptable range, especially in the important areas, immediate managerial attention should be given to those areas while taking corrective action.

    View Answer
  • Q5

    State how ‘growth prospects’ affect the working capital requirements of a company.

    Marks:1
    Answer:

    When an organisation is perceived to have high growth potential, higher amount of working capital is required to meet its higher production and sales target.

    View Answer
  • Q6

    What is the primary objective of ‘financial management’?

    Marks:1
    Answer:

    The primary objective of ‘financial management’ is to maximise the shareholders’ wealth.

    View Answer
  • Q7

    State any one consequence of a well-performed ‘allocative function’ of financial market.

    Marks:1
    Answer:

    The ‘allocative function’ of financial market helps in the mobilisation and channelisation of savings into the most productive uses.

    View Answer
  • Q8

    Why is marketing called a social process?

    Marks:1
    Answer:

    Marketing is called a social process as it consists of activities which requires people to interact with others, in order to persuade them to act in a particular way, to purchase a good or service, rather than forcing them to do so.

    View Answer
  • Q9

    Distinguish between ‘selling concept’ and ‘marketing concept’ of Marketing Management Philosophies on the basis of ‘main focus’.

    Marks:1
    Answer:

    The distinction between the Marketing Management Philosophies on the basis of ‘main focus’ is as follows:

    Selling concept: In this, the focus is on existing product through aggressive selling techniques.

    Marketing concept: In this, the focus is on the customers’ satisfaction for an organisation’s success.

    View Answer
  • Q10

    Under three-tier machinery, where can a legal heir or representative of a deceased consumer file a complaint when the compensation claimed is 25 lakh?

    Marks:1
    Answer:

    A legal heir or representative of a deceased consumer can file a complaint to the ‘State Commission’ when the amount of compensation claimed is 25 lakh.

    View Answer