CBSE Class 12 - Business Studies - MCQs -
Set-3
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
👉See Also:
Business Studies Sample Question Paper (2020-21) + Marking Scheme
Business Studies Preboard Question Paper (2020-21) Set A
Business Studies Preboard Question Paper (2020-21) Set A
Business Studies Class 12(Poonam Gandhi) CBSE (For 2021 Exam)
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