12th Business-studies Paper Solutions Set 1 : CBSE Delhi Previous Year 2010

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.
Q1 :

List any two organisational objectives of management.


Answer :

i. To ensure survival: The basic organisational objective of any business enterprise is to survive in the market. In order to ensure survival, a company makes sure that it is earning enough revenue to cover the costs.

ii. To ensure profit: Every business exists in order to earn profits, which is the most important requirement for its long-term successful operation.

Q2 :

Give any one reason why principles of management do not provide ready made solution to all the managerial problems.


Answer :

The principles of management are not absolute but variable. The application of these principles varies, depending upon the manager and the situation to which they are applied. Thus, the principles of management do not provide ready-made solutions to all managerial problems.

Q3 :

Volvo Ltd.'s target is to produce 10,000 shirts per month at a cost of Rs.100/- per shirt. The Production Manager achieved this target at a cost of Rs.90'- per shirt. Do you think the Production Manager is effective? Give one reason to support your answer.


Answer :

Yes, the production manager has proved effective. This is because effectiveness implies the ability to complete a task within the prescribed time limit. In the given situation, the production manager has achieved the production target of 10,000 shirts within a month, and he is said to be effective.

Q4 :

State the objective of 'Method Study'.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q5 :

Give one limitation of internal sources of recruitment.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q6 :

Name the method of training in which trainees learn on the equipments they will be using.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q7 :

Name the financial decision which will help a businessman in opening a new branch of its business.


Answer :

Please Register/Login to get access to all solutions Facebook Login
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.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q9 :

Which Act of Consumer Protection provides for the formation of 'Consumer Protection Council' in every district and the State of the country?


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q10 :

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


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q11 :

What is meant by 'Planning'? List any two features of planning.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q12 :

Explain by giving any three reasons why delegation of authority is important in an organisation.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q13 :

Explain when and why the need is felt for having a framework, within which managerial and operating tasks are performed to accomplish the desired goals. Name the 'framework' also.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q14 :

Explain the following money market instruments:

i. Treasury Bill

ii. Commercial Paper


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q15 :

What is meant by 'Production concept' of marketing?


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q16 :

Explain 'Policy' and 'Procedure' as type of plans.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q17 :

Aysha Ltd., assured their employees that in spite of recession no worker will be retrenched from the job.

i. Name and explain the type of incentive offered to the employees.

ii. Explain one more incentive of the same category.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q18 :

Explain the meaning and the objective of Financial Management.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q19 :

State any four advantages of formal organisation.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q20 :

Explain the following 'Rights' of consumers:

i. Right to safety

ii. Right to choose


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q21 :

Is 'management' a full fledged profession? Give any three reasons to support of your answer.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q22 :

(i) Name and explain the principle of management which requires judicious application of penalties by the management.

(ii) Name and explain the technique of scientific management which helps in establishing interchangeability of manufactured parts and products.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q23 :

Explain any five impacts of changes in Government Policy on Business and Industry in India.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q24 :

State any five functions of 'Stock Exchange'.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q25 :

'An important task in the marketing of goods relates to designing the label as it provides useful and detailed information about the product'. In the light of the above statement draw a label for a 'liquid soap' and highlight the important information on it.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q26 :

Explain the process of staffing.

OR

Explain the process of selection of employees.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q27 :

'Motivation plays an important role in the success of management'. Explain any four importance of motivation in the light of the given statement.

OR

'Managerial functions cannot be carried out without an efficient system of communication'. Do you agree with this statement? Give any four reasons in support of your answer.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q28 :

Explain the process of controlling.

OR

Explain any four points highlight the importance of controlling.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q29 :

What is meant by Dividend decision? State any four factors affecting the dividend decision.

OR

What is meant by Financing decision? State any four factors affecting the financing decision.


Answer :

Please Register/Login to get access to all solutions Facebook Login
Q30 :

Name the element of marketing-mix which affects the revenue and profits of a firm. Explain any five factors which help in determining this element.

OR

'Generally consumers prefer to buy goods directly from the producers but it is not always possible'. Give reasons, why is it so by explaining four different factors responsible for this.


Answer :

Please Register/Login to get access to all solutions Facebook Login

12th Business-studies Paper Solutions Set 1 : CBSE All India Previous Year 2013 will be available online in PDF book soon. The solutions are absolutely Free. Soon you will be able to download the solutions.