Terminal
Examination- 1 August 2019-20
Business Studies
Class: XII. Marks:
80
Time:
3hrs
General Instruction:
a) Attempt all Questions.
b) Questions from 1-20carries one mark.
c) Questions from 21-25
carries Three mark.
d) Questions from 26-28 carries four mark.
e) Questions from 29-31carries five mark.
f) Questions
from 32-34carries six mark.
1.
The following is not an objective of
Management
a)
Earing Profit
b)
Budget Preparation
c)
Firm’s Growth
d)
Employment
Opportunity
2.
Find the odd one
out
a)
MD
b)
CEO
c)
COO
d)
Foreman
3.
Management is
……………………..
a)
An Art
b)
A Science
c)
A Profession
d)
All the Above.
4.
It does not come
under work study
a) Standardisation
b) Time Study
c) Motion Study
d) Fatigue study
5.
This principle of
management brings Specialisation in Management
a) Unity
of Direction
b) Division
of Labour
c) Scalar
Chain
d) Order
6.
As per this
principle Authority flows from highest to lowest rank.
a) Unity
of Direction
b) Division
of Labour
c) Scalar
Chain
d) Order
7.
The type of plan
which is fundamental to all other plans is………….
a.
Objective
b.
Method
c.
Procedure
d.
None of the Above
8.
It is the function
of Management, that bridges the gap between where we are and where we want to
go
a.
Co-ordinating
b.
Controlling
c.
Planning
d.
Staffing
9.
It is not he trait
of Planning
a.
Intellectual
Process
b.
Pervasive Activity
c.
Continuous Process
d.
Appointing Staffs
10. This step of Planning helps to control every thing
a.
Follow up Action
b.
Selecting
Alternative
c.
Implementation of
Plan
d.
All the above
11. Grouping of
activities according to the common traits is ………………
12.
This is a type of
organisation arises spontaneously due to interaction between members in an
organisation
13.
Grouping of
Activities in an organisation based on the functions is……………
14.
The managerial
function related to management of human resources is ………….
15.
Workforce analysis
is a part of …………………
Match the Following
|
Q.No.
|
Colum A
|
Colum B
|
|
|
16
|
Internal
|
Job Rotation
|
|
|
17
|
Division of Work
|
Promotion
|
|
|
18
|
Training
|
Henry Fayol
|
|
|
19
|
Authority
|
Competitors
|
|
|
20
|
Specific Forces
|
Right to Command
|
|
21. Which source of recruitment
is needed to bring new blood in the organization? Explain any three advantages
of this source.
22. List out the objectives of Fatigue
study.
23. Planning is
futuristic' explain?
24. “If we delegate authority, we multiply it by two: If
we decentralize it, we multiply it by many. Name the two concepts to which this
statement is related?
25. List out the benefits of understanding
business environment.
26. Identify the four
important functions of top-management.
27. Training is beneficial both for the
organization as well s for the employees. Explain any three benefits of
training towards the organization & any three towards the employees.
28. Planning involves
decision making". Explain.
29. A company wants to expand its business and for
this purpose company is preparing database of its prospective employees. So
whenever it gets application from any applicant, HR manager tells them that as
and when company required his/her services, he will be called. Its advantage is
that at the time of need, a suitable applicant out of the database can be
called for interview. In this way company can save its expenses on
advertisement and can save time also. Identify and explain the other source of
recruitment included in that category referred in above paragraph.
30. Enumerate the benefits of understanding business
environment
31. Explain the
Benefits of Demonetisation
32. Enumerate the steps involved in the planning
process.
33. Explain the steps in
Selection Process.
34. Summarise the Techniques put forward by FW.Taylor
in Scientific management practice.
Marking Scheme
|
Sl.No.
|
Value Points
|
Marks
|
|
1
|
Budget Preparation
|
1
|
|
2
|
Foreman
|
1
|
|
3
|
All the Above.
|
1
|
|
4
|
Standardisation
|
1
|
|
5
|
Division of Labour
|
1
|
|
6
|
Scalar Chain
|
1
|
|
7
|
Objective
|
1
|
|
8
|
Planning
|
1
|
|
9
|
Appointing Staffs
|
1
|
|
10
|
Follow up Action
|
1
|
|
11
|
Departmentalisation
|
1
|
|
12
|
Informal Organisation
|
1
|
|
13
|
Functional structure
|
1
|
|
14
|
Staffing
|
1
|
|
15
|
Estimation of Manpower Requirements
|
1
|
|
16
|
Promotion
|
1
|
|
17
|
Henry Fayol
|
1
|
|
18
|
Job Rotation
|
1
|
|
19
|
Right to Command
|
1
|
|
20
|
Organising
|
1
|
|
21
|
External
Source:
Advantages:
a) Wider Choice
(b) Fresh Talent
(c)
Qualified candidates
(d)
Increases competition
|
3
|
|
22
|
To find out ….
a) The number of rest intervals.
b)The frequency of rest intervals.
c) The duration of rest interval.
|
3
|
|
23
|
Planning is always
for the future and never for the past. It involves peeping in to future, analyzing
and preparing plans accordingly. Thus, planning is futuristic as it helps in
meeting likely future events effectively and efficiently to best advantage of
the organisation.
|
3
|
|
24
|
a) Delegation of
authority
b) Decentralization.
|
3
|
|
25
|
(i) Enabling the
identification of opportunities and getting the first mover advantage.
(ii) Helping in
the identification of threats and early
(iii) Tapping
useful resources.
(iv) Coping with
the rapid changes.
(v) Assisting in
planning and policy.
(vi) Improvement
in performance.
|
3
|
|
26
|
i) Develops
long-term objectives: Top-level managers develop the long - term objectives like
expansion of business, manpower planning etc.
ii) Framing of
policies: They lay down guidelines for departmental head i.e., policies relating
to production, marketing, personnel, finance public relation etc.
iii) Organizing
: Top management organizes the business into various sections and departments to achieve the desired
organizational objectives.
iv) Key
appointments: Top-level authorities appoint the departmental heads and some
other key persons to develop the organizational structure for profitable
growth of the enterprises.
|
4
|
|
27
|
Yes, Training is
beneficial to both organization & employees benefits to organization
• Systematic
Learning
• Employee
productivity
• Reduces
absenteeism & Employee turnover.
• Benefits to
employees
• Lead to better
career.
• Help in earn
more.
• Increase the
satisfaction.
|
4
|
|
28
|
Planning is
essentially a process of making choice from among various alternatives. There
will be no need for planning, if there is only one course of action, because
there will be no choice. Hence need for planning depends on the availability
of alternatives. A manager, after examining
and evaluating the various alternatives, chooses the most appropriate one.
|
4
|
|
29
|
An enterprise
has to tap external sources for various positions because all the vacancies
cannot be filled through internal recruitment. The commonly used external
sources of recruitment are Direct Recruitment, Casual Callers, Advertisements,
Employment Exchange, Placement Agencies and Management Consultants, Campus
Recruitment, Recommendations of Employees, Labour Contractors, Advertising on
Television and Web Publishing.
|
5
|
|
30
|
The benefits of understanding
business environment are:
(i) Enabling the identification of
opportunities and getting the first mover advantage.
(ii) Helping in the identification
of threats and early
(iii) Tapping useful resources.
(iv) Coping with the rapid changes.
(v) Assisting in planning and
policy.
(vi) Improvement in performance.
|
5
|
|
31
|
“Demonetization
is the act of stripping a currency unit of its status as legal tender.
Demonetization is necessary whenever there is a change of national currency.
The old unit of currency must be retired and replaced with a new currency
unit”.
Benefits Of
Demonetization
• Rise Of The Cashless Economy
• Growth Of The Formal Economy Will Be
Another Associated Long Term Gain:
• Social Shake Up
• Demonetization Will Reduce The
Circumference Available Of Parallel Economy
• Large Number Of New Tax Payers May
Appear With Demonetization
• Cleaning Of The Real Estate Sector
Will Be Associated Long Term Gain Of Demonetization:
• Rise In Financial Savings
|
5
|
|
32
|
Steps of planning are as follows:
(i) Setting up of objectives
(ii) Developing premises.
(iii) Identifying alternative
courses of action.
(iv) Evaluating alternative courses
(v) Selecting an alternative.
(vi) Implementation of plan.
(vii) Follow up
|
6
|
|
33
|
(i) Preliminary Screening:
Application Form
(ii) Selection Tests: (a) Intelligence
Tests (b) Aptitude Test (c) Personality Tests (d) Trade Test (e) Interest
Tests
(iii) Employment
(iv) Interview,
(v) Reference and Background Checks,
(vi) Selection Decision,
(vii) Medical Examination,
(viii) Job Offer
(ix) Contract of Employment
|
6
|
|
34
|
The techniques
of scientific management as per Taylor were
·
Functional
foremanship
·
Standardisation
and simplification of work
·
Fatigue Study
·
Method Study
·
Time Study
·
Motion Study
·
Differential
Wage System.
|
6
|
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