List of top Business Studies Questions

Match LIST I with LIST II

LIST I (Means)		LIST II  (Marketing Philosophies)
A	Availability and affordability of product	I	Marketing Concept
B	Product improvement	II	Production Concept
C	Selling and promoting	III	Product Concept
D	Profit through integrated marketing	IV	Selling Concept

Choose the most appropriate answer from the options given below

Match LIST I with LIST II

LIST I (Elements of Directing)		LIST II  (Indicators)
A	Supervision	I	Process of making subordinates work in a desired. manner to achieve organisational goals
B	Motivation	II	Process of exchange of ideas, views etc.
C	Leadership	III	Process of guiding the efforts of employees
D	Communication	IV	Process of influencing the behaviour of people

Choose the correct answer from the options given below

From the statements; choose what all is true about Fayol:
A. He gave general principles of management
B. Time study is the contribution of Fayol
C. He is known as the Father of Scientific Management
D. He graduated from a mining academy of St. Etienne
E. Scalar Chain is one of the principle of 14 Principle of Management given by him.
Choose the correct answer from the options given below :

Match List I with List II

List I Application of Principles		List II Fayol's Principles
A.	People and material must be in suitable places or appropriate time for maximum efficiency	I.	Espirit De Corps
B.	This principle resembles military organisation wherein dual subordination should be avoided	II.	Order
C.	It will minimise the need for using penalties	III.	Stability of personnel
D.	Employees should be given reasonable time to show results	IV.	Unity of Command

Choose the correct answer from the options given below :

Nowadays customers have become well aware about the different varieties of product available in the market. Before purchasing the product, the customers read the reviews about the product, compare the prices of different varieties available etc.
The above case refers to the impact of government policy changes on businesses. Identify the correct option.

Identify the principle of management referred here: "A manager should replace 'T' with 'We' in all his conversations with workers to foster team spirit."

Identify the technique of Scientific Management which is contradictory to the principle of Unity of Command.

Which of the following are the major elements of the political environment ?
A. Planned outlay in private & public sectors
B. Nature of relationship of our country with foreign countries
C. Population shifts
D. Money supply in the economy
E. The extent and nature of government intervention in business
Choose the correct answer from the options given below :

Identify the type of plan shown in the given notice that was placed at the entrance of a business organisation :
“All visitors must carry a valid visitors pass at all times when visiting the organisation.”

Match List I with List II

List I Steps of planning process		List II Indicators
A.	Setting objectives	I.	Assumption about figure
B.	Developing premises	II.	Increase in sale by 20%
C.	Follow up action	III.	Setting positive and negative aspects of proposals
D.	Evaluating alternative course of actions	IV.	Monitoring the plan

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Aakash delegated some of his non-core activities to Sumit, his subordinate. It developed Sumit's ability to deal effectively with challenges and helped him to realise his full potential. Identify the importance of organizing from the given paragraph.

Identify the correct sequence of steps in the process of planning.
A. Setting objectives
B. Identifying alternatives courses of action
C. Developing premises
D. Selecting an alternative
E. Evaluating alternative courses of action
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Which type of plan provides a basis for interpreting strategies which is usually stated in general terms to guide managerial action and decisions in the implementation of strategy ?

Match List I with List II

List I Dimensions of Business Environment		List II Factors
A.	Social Environment	I.	Changes in disposable Income
B.	Legal Environment	II.	Stability and peace in the Country
C.	Economic Environment	III.	Court Judgements
D.	Political Environment	IV.	Customs and Traditions

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Even the most efficient managers can not handle all the work himself. So it is a pre-requisite to the efficient functioning of an organisation which enables him to focus on high priority activities. Identify the term being reflected above.

‘Delegation does not mean abdication’.
Which of the following best describes the above statement ?

Arrange the following steps of controlling in correct sequence :
A. Setting Performance Standards
B. Measuring Actual Performance
C. Taking Corrective Action
D. Analysing Deviations
E. Comparing Actual Performance with Standards
Choose the correct answer from the options given below :

Match List I with List II

List I Purpose		List II Process
A.	Standards are the criteria against which actual performance would be measured	I.	Measurement of Actual performance
B.	Several techniques for measurement laid downs	II.	Setting performance Standard
C.	Critical point control and Management by exception are used by managers	III.	Taking corrective Action
D.	Involves training of employees	IV.	Analysing Deviation

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This type of structure has chances of spreading rumours which becomes a destructive force -

Match List I with List II

List I Methods of Training		List II Features
A.	Coaching	I.	In this, trainee is put under the guidance of master worker
B.	Films	II.	Superior guides and instructs the trainee as a coach
C.	Vestibule	III.	Provides information and explicitly demonstrates skills not easily represented by other techniques
D.	Apprenticeship programmes	IV.	Employees learn their jobs on the equipment but training is conducted away from actual work place

Choose the correct answer from the options given below :

Sam works in KFC, from time to time he gives valuable suggestions, which has benefitted KFC and the company has given him bonus as an incentive. Which incentive is highlighted in the above case ?

Motivating is highly complex process. Many researches have studied about motivation for several dimensions and developed some theories. One of them was John Abraham Maslow. He believed that human needs can be arranged in a sequential order as below :
A. Esteem needs
B. Self actualisation needs
C. Security needs
D. Belonging needs
E. Basic physiological needs
Choose the correct answer from the options given below :

An employee explains about his problem to the boss who is preoccupied with an important file. The boss does not understand the message. Identify the category of psychological barrier in the above statement.

The Manager announced that new system of accounting will be introduced in one mouth. This created resistance among the workers. The workers showed their inability to do the work. The manager is finding it difficult to cope up with the situation. The workers are always seen unwilling to take up any kind of work.
Which element of directing can resolve the problem faced by the Manager. Choose the correct option.

Calculate - EPS, assuming face value of a equity Share of ₹ 10;
Total funds - ₹ 50 lakh
Interest rate - 10% p.a.
Tax rate - 50%
EBIT - ₹5 lakh
Debt - ₹20 lakh