MULTIPLE CHOICE QUESTIONS -BUSINESS STUDIES (CLASS 12) CBSE (MCQ1)

1.  Which step in the process of planning will precede the step in which the manager is required to make certain assumptions about the future, which are the base material upon which the plans are drawn.

(a) Implementing the plan 

(b) Identifying alternative courses of action

 (c) Setting objectives
(d) Selecting an alternative 

2. Aiming to revive Jammu and Kashmir’s attraction as a top location for film shooting the J&K film policy, 2021 offers a host of incentives to the filmmakers, such as subsidies and low long term interest rates, for films with patriotic and certain other themes shot in J&K, for giving work opportunities to local artistes, etc. This will have an impact on business enterprises in the state. Which component of business environment is highlighted above: 

(a) Specific and general forces

(b) Technological environment 

(c) Economic environment
(d) Totality of external forces 

3.  Product cost sets the lower limits of the price, the utility provided by the product and the intensity of demand of the buyers sets the upper limit. So, in case of inelastic demand, total revenue ..................when price increases. 

(a) Rises

(b) Falls
(c) Constant
(d) Both (a) and (b) 

 

4. “A manager in a conscious manner has to ensure that even where members of a department willingly cooperate, coordination gives direction to the willing spirit.” The characteristic of coordination being highlighted above is :

 (a) Coordination is the responsibility of all managers. 

 (b) Coordination is a deliberate function.

 (c) Coordination integrates group efforts. 

 (d) Coordination is a continuous process 

5. Planning requires logical and systematic thinking rather than guess work. The feature of planning being referred to in the above statement is: 

(a) Planning is a continuous process 

(b) Planning is futuristic
(c) Planning is pervasive
(d) Planning is a mental exercise

 

6. Silico Ltd. has appointed the former Consulting executive of Shri Shakti Ltd. Rajan Bahl as its Vice President. What will be his basic task?

 (a) To integrate diverse elements and coordinate activities of different departments.

 (b) To carry out plans formulated by top managers. 

(c) To oversee the efforts of the workforce. 

(d) Help to maintain quality of output. 

7. Unlike professions such as medicine or law which require a practising doctor or lawyer to possess valid degrees, nowhere in the world is it mandatory for a manager to possess any such professional degree. Identify the characteristic of the profession being discussed above which is not being strictly met by management.

(a) Well defined body of knowledge

(b) Restricted Entry
(c) Professional Association
(d) Ethical code of conduct 

 

8. “Following a pre-decided plan, when circumstances have changed, may not turn out to be in the organisation's interest.” The limitation of planning being referred to in the above statement is-------------.
(a) Planning does not guarantee success 

(b) Planning may not work in a dynamic environment 

(c) Planning leads to rigidity
(d) Planning is a time consuming process. 

9.The technique of Scientific Management given by Taylor, which aims to establish interchangeability of manufactured parts and products is ............................. 

(a) Method Study
(b) Motion study 

(c) Standardization
(d) Differential Piece wage system. 

10. For the following two statements choose the correct option:

Statement I: Advertising is an impersonal form of communication 

Statement II: Advertising lacks direct feedback
Choose the correct option from the options given below: 

(a) Statement I is correct and II is wrong

(b) Statement II is correct and I is wrong

(c) Both the statements are correct
(d) Both the statements are incorrect 

11.KTX Group is rolling out an initiative to help create wealth for its employees through the implementation of Employee Stock option. Through motivation and leadership the management will help individuals to develop team spirit, cooperation and commitment to the success of the group. The following importance of management is highlighted above: 

(a) Management helps in achieving personal objectives 

(b) Management helps in the development of society

(c) Management creates a dynamic organisation
(d) Management increases efficiency 

12.If there is a plan to increase production then more labour, more machinery will be required. This step in the process of planning will involve organising for labour and purchase of machinery. Identify the step in the planning process being discussed above. 

(a)Identifying alternative courses of action

(b) Setting objectives
(c) Selecting an alternative
(d) Implementing the plan

13.Taylor proposed eight specialists from whom each worker will have to take orders from as part of the technique of Functional Foremanship specified by him. Those with technical, mastery, intelligence and grit may be given----------------------------- work. Those with energy and good health may be assigned ---------------- work. 

(a) Planning, Execution
(b) Execution, Planning
(c) Production, Planning
(d) Implementation, Production 

14. Assertion :

( A) Planning is futuristic Reason:(R ) Planning is concerned with the future which is certain and does not require forecast

( a) Both (A) and ( R ) are correct
( b) (A) is correct ( R) is incorrect
( c ) Both (A) and ( R) are correct, and R is the correct explanation of R
( d) Both (A) and ( R) are correct, and R is not the correct explanation of R