Saturday, 20 February 2021

CBSE Class 12 - Business Studies - MCQs - Set-3 (#cbse2020)(#eduvictors)(#class12BusinessStudies)

CBSE Class 12 - Business Studies - MCQs -
Set-3

CBSE Class 12 - Business Studies - MCQs - Set-3 (#cbse2020)(#eduvictors)(#class12BusinessStudies)


Q1: A manager obtains the required capital at 12% interest while the prevailing rate of interest happens to be 10%. How would you describe such a manager?
(a) Efficient 
(b) Effective
(c) Efficient and Effective 
(d) Inefficient


Q2: Scientific management brings:
(a) Social change 
(b) Economic change
(c) Mental change 
(d) Industrial change

Q3: Which of the following is not a part of the internal environment?
(a) Customers 
(b) Objectives
(c) Policies 
(d) Organisation Structure


Q4: Which of the following is an example of a social environment?
(a) Money supply in the economy 
(b) Consumer Protection Act
(c) The Constitution of the country 
(d) Composition of family


Q5: At what managerial level planning is needed?
(a) Top level 
(b) Middle level
(c) Lower level 
(d) All the levels


Q6: Which organisation structure does not have duplication of work?
(a) Formal 
(b) Informal
(c) Both (a) and (b) 
(d) None of these


Q7: Centralisation refers to
(a) Retention of decision-making authority
(b) Dispersal of decision-making authority
(c) Creating divisions as profit centres
(d) Opening new centres or branches


Q8: Which of the following is the element of staffing?
(a) Recruitment 
(b) Selection
(c) Training 
(d) All the above


Q9: ________ is not included in Directing.
(a) Planning 
(b) Leadership
(c) Communication 
(d) Motivation


Q10: Controlling function of an organisation is
(a) Forward-looking 
(b) Backward looking
(c) Forward as well as backwards-looking 
(d) None of the above


Q11: Fixed capital means that capital that is used in purchasing ________ assets.
(a) Current assets 
(b) Fixed assets
(c) Material 
(d) All the above


Q12: Primary and secondary markets:
(a) Compete with each other 
(b) Complement each other
(c) Function independently 
(d) Control each other


Q13: Which of the following is a factor of the marketing mix?
(a) Product 
(b) Price
(c) Promotion 
(d) All the above


Q14: ________ is an example of unfair trade practice?
(a) Hoarding
(b) Issuing a gift scheme
(c) Not observing prescribed standards
(d) All of these


Q15: Which managerial function is concerned with assigning duties, grouping tasks and establishing reporting relationships?
(a) Planning 
(b) Organising 
(c) Staffing 
(d) Directing


Answers:
1: (b) Effective
2: (c) Mental change 
3: (a) Customers 
4: (d) Composition of family
5: (d) All the levels
6: (a) Formal 
7: (a) Retention of decision making authority
8: (d) All the above
9: (a) Planning 
10: (c) Forward as well as backwards-looking 
11: (b) Fixed assets
12: (b) Complement each other
13: (d) All the above
14: (d) All of these
15: (b) Organising 
 

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