List of top Business Studies Questions

Consider the following facts about management: A. Efficiency and effectiveness both terms have similar meaning.
B. Effectiveness and efficiency both terms do not have similar meaning.
C. Management has four dimensions.
D. Management has three dimensions.
E. Principles of management are not as exact as the Principles of Science. Choose the correct answer from the options given below:

Name the function of management that removes ambiguity and ensure clarity in working relationships.

As per Consumer Protection Act 2019, Under which right, the consumer has the freedom to access variety of products at competitive prices :-

Match List-I with List-II.

List-I		List-II
(A)	Economic environment	(I)	Legislations Passed
(B)	Social environment	(II)	Stock market Indices
(C)	Technological environment	(III)	New Methods and Techniques
(D)	Legal environment	(IV)	Traditions

Choose the correct answer from the options given below:

Identify the general plan prepared by top Management outlining resource allocation, priorities and takes into consideration the business environment and competition.

Mc.Donalds, the fast food giant made major changes in its menu to be able to survive in Indian market. Which feature of management is reflected in above case?

_______refers to a composite of knowledge, skills and host of psychological attributes in a person that mark his/her effectiveness

Select the organisation that gives rise to a network of social relationships among emloyees.

Match List-I with List-II.

List-I	List-II
(A) Apprenticeship Programmes	(I) Stimulates the work environment
(B) Internship Training	(II) Training is conducted away from actual work floor
(C) Vestibule Training	(III) Acquire practical knowledge and skills along with regular studies
(D) Computer Modelling	(IV) Put the trainee under the guidance of a master worker

Choose the correct answer from the options given below:

What are the aspects of feasibility analysis under Entrepreneurship Development?
A. Technical Aspect
B. Economic Aspect
C. Financial Aspect
D. Commercial Aspect
E. Political Aspect
Choose the correct answer from the options given below:

Match List-I with List-II.

List-I		List-II
(A)	Objectives	(I)	General Statements
(B)	Strategy	(II)	Routine steps
(C)	Policy	(III)	Comprehensive plan
(D)	Procedure	(IV)	End point of planning

Choose the correct answer from the options given below:

Arrange the following needs of an individual as per Maslow's Need Hierarchy theory
(A) Status
(B) Hunger
(C) Friendship
(D) Stability of Income
(E) Self Fulfllment
Choose the correct answer from the options given below:

Which is not the traditional technique of controlling?

Who can not file a complaint before the appropriate consumer forum?

Match List-I with List-II.

List-I (Controlling Process)		List-II (Related Concept)
(A)	Analyzing deviations	(I)	It demands managerial attention
(B)	Taking corrective notion	(II)	It becomes easy when quantitative terms are used
(C)	Comparison of standard with actuals	(III)	To determine acceptable range of deviations
(D)	Setting performance standards	(IV)	Serves as benchmarks towards which an organization strives to work

Choose the correct answer from the options given below:

"Planning is an Activity which enables a manager to look ahead and anticipate changes. Identify the point of Importance of Planning.

Name the personnel who does not work under planning incharge in Functional Foremanship:

Sales forecasting is the basis on which a business firm prepares it's annual plan for production and sales'. Identify the feature of planning highlighted in the above sentence.

By which function, managers at all levels can ensure that activities are being performed as per the plans?

Which of the following is not an importance of management?

Ravi is working as supervisor with Zinc limited. Identify the level of management at which Ravi is employed.

_____ can be delegated.