List of top Business Studies Questions

Identify the element which is not a part of Social environment?

He is responsible for timely and accurate completion of job'. Identify the specialist as per one of Taylor's Technique of Scientific Management, stated above.

As a result of delegation, employees get more opportunities to utilize their talent and this may give rise to latent abilities in them. Identify the importance of delegation highlighted in the above statement.

Mr. Yash started a pen manufacturing unit. On the basis of several observations, it is determined that standard time taken by the worker to make one pen is 10 minutes. So the standard production of 6 pens was determined per hour for a worker. Identify which of the following type of study helped Yash to arrive at standard production per hour,

Which tax is payable by companies when dividends are declared by them?

Which of the following information is generally not available on the label of a consumer durable product?

"A plan which provides the prescribed ways or manner in which a task has to be performed". Identify the type of plan explained in the above statement.

Read the following Case Study, answer the question
Government of India has taken several measures to make the economy Robust and to improve Business Environment. Production linked incentive (PLI) scheme has been launched as result of which manufacturing is picking up. India has become second largest manufacturer of mobile phones in the world. Indian economy has become fifth largest economy in the world surpassing U.K. India has become a large defense equipment and arms manufacturer and is also an exporter of arms. The ease of doing business has also improved. According to IMF and World Bank India is one bright spot in a world hit by declining economies and business sentiment in era of pandemic. India successfully carried out largest Covid vaccination programme globally and also gave vaccine to other countries.

Answer the following Case Study and answer the question.
Marketing in India is undergoing a sea change. Internet advertising has increased its market share. Whenever we check our email or watch a You Tube video advertisements are bombarded in between. Due to proliferation of mobile phones & data consumption Internet advertising has come of age. Even OTT channels, TV Channels are viewed on mobile phones. Therefore companies have to change their marketing strategies. The use of social media platforms like Facebook, Instagram, Twitter, Whatsapp & LinkedIn has increased, but it is not free from limitations. There are many objections against advertising such as it add to cost, undermines social values, confuse buyers etc.

Mr. Rehan has done a diploma in Financial market and its participants. Recently he got a chance to present his knowledge and train students in a school. He told students about various money market instruments. He mentioned about an instrument which is issued by R.B.I on behalf of Central Government. He told students that Banks use a system to borrow money (an instrument) to manage their CRR ie Cash Reserve Ratio. Later, he mentioned a short term self liquidating instrument like Bills of Exchange that can be used for arranging working capital. He also told students about an instrument that helps to mobilise large amounts of money in short period by commercial banks. Lastly, Mr. Rehan spoke about an instrument that works as a replacement towards bank borrowing for large credit-worthy companies, its maturity period is 15 days to one year.

Safex Ltd is a company mamfacturing masks. The newly appointed marketing manager of the firm has taken 'Covid Pandemic' as an opportunity to increase sales. He used a combination of tools to achieve its communication objective. He constituted 4 teams for designing these tools.
Team 1: The tool used by them was an impersonal form of communication which was paid for.
Team 2:- The tool used by them involves oral presentation of message in the form of conversation with one or more prospective customers for the purpose of making sales
Team 3:- This team used short-term incentives which were designed to encourage the buyers to make immediate purchase.
Team 4:- This team used a non-personal form of communication which was non-paid.
All the teams successfully designed their tools and achieved their desired results.

Which of the following is not related with "Critical point of control" concept?
A. Coutrol should focus on key result areas
B. KRA's can never be set as critical points
C. It is very easy and economical to keep a check on each and every activity of organiozation
D. If anything goes wrong at the critical points the entire organization suffers
E. In manufacturing organization, an increase of 5% in labour cost may be more troublesome than a 15% increase in postal charges
Choose the correct answer from the options given below:

Identify the correct combinations of Principles of Management.
A. Division of work and motion study
B. Equity and scalar chain
C. Authority and Responsibility and Method Study
D. Discipline and Order
E. Initiative and Fatigue Study
Choose the correct answer from the options given below:

Arrange the following in proper sequence.
A. Critical Point control and management by exception
B. Performance should be measured in an objective and reliable manner
C. Standards are set in both Quantitative as well as Qualitative terms
D. Reveal the deviation between actual and desired results
E. Taking corrective action
Choose the correct answer from the options given below:

Which of the following statement/statements are not related with elements of Directing.
A. Every manager in the organization supervise his/her subordinates
B. It stimulates people to take up work voluntarily
C. The process of influencing the behavior of people by making them strive voluntarily towards achievements of organizational goals
D. Effective communication with subordinates
E. Coordinating different functions of management
Choose the correct answer from the options given below:

Arrange the steps of trading procedure of stock exchange in the correct sequence
A. Delivering the shares
B. Placing an Order
C. Opening a Demat Account
D. Execution of the order
E. Settlement of transaction
Choose the correct answer from the options given below:

Arrange the correct sequence of steps in Organizing process.
A. Identification and division of work
B. Establishing authority and reporting relationships
C. Assignment of Duties
D. Departmentalization
Choose the correct answer from the options given below:

Mr. Prateek, the Production Manager of Zim Ltd. has selected the right workforce for his department. He decides the following steps which he would adopt in the process of staffing. Arrange them in correct sequence
A. Performance Appraisal
B. Compensation
C. Placement and Orientation
D. Promotion and Career Planning
E. Training and development
Choose the correct answer from the options given below:

Which of the following are the sources of Recruitment for a newly set organization?
A. Unskilled workers required for unskilled work provided by labour contractor
B. Promotion to the higher post
C. Websites such as www.naukri.com & jobtostreet etc.
D. Recommendations of employees
E. Recruitment from educational institutions
Choose the correct answer from the options given below:

Functions of Entrepreneurship in relation to economic Development do not include:-

The person who combines all factors of production, who takes risk to earn profit is called entrepreneur. Entrepreneur is______.

Select the term that indicates Principles of Management are not rigid prescriptions.

In the principle of Scalar Chain, the shortest route for communication in case of emergency is called:

If any party is not satisfied by the order of District Commission, then appeal against such order can be made to state commission within a period of ______days from the date of order.