CBSE Class 12 - Business Studies - MCQs -
Set-4
Q1: Management ensures:
(a) Providing employment opportunities
(b) Maintaining profit
(c) Ensuring maximum utilisation of resources
(d) Control on cost
Q2: Professional courses such as BBA also teach principles of management as a part of their curriculum at the beginner’s level. Identify the significance of principles of management highlighted from this statement.
(a) Management training, education and research
(b) Providing managers with useful insight into the reality
(c) Effective administration
(d) Meeting changing environmental requirements.
Q3: Business environment is the sum total of a number of specific and general forces. Which of the following is not a general force?
(a) Economic
(b) Suppliers
(c) Legal
(d) Political
Q4: Which of the following is not the importance of planning?
(a) Planning provides direction
(b) Planning promotes innovative ideas
(c) Planning reduces the risk of uncertainties
(d) Planning leads to rigidity
Q5: Delegation of authority merely means the granting of authority to subordinates to operate:
(a) Within prescribed limits
(b) Beyond prescribed limits
(c) If commensurate with responsibility
(d) Only when required.
Q6: Sending an inefficient employee to a lower position is called ________.
(a) Demotion
(b) Transfer
(c) Promotion
(d) Lay off
Q7: Which of the following is not a characteristic of directing?
(a) Directing initiate action
(b) It is a continuous process
(c) Flows from top to bottom
(d) Ensuring order and discipline
Q8: Controlling starts where
(a) Planning ends
(b) Organising ends
(c) Directing ends
(d) Staffing ends
Q9: Higher debt-equity ratio results in
(a) Lower financial risk
(b) higher operating risk
(c) higher financial risk
(d) higher EPS
Q10: Instruments with a maturity period of less than one year are traded in the ___________.
(a) Capital market
(b) Bombay stock exchange
(c) Money market
(d) National stock exchange
Q11: What can improve the performance of a product and also give it a competitive advantage in the market.
(a) Standardisation
(b) Branding
(c) Design
(d) Promotion
Q12: As per the _____________ the consumer has the right to acquire knowledge and to be a well-informed consumer through life.
(a) Right to be informed
(b) Right to consumer education
(c) Right to choose
(d) Right to be heard
Answer:
1: (c) Ensuring maximum utilisation of resources
2: (a) Management training, education and research
3: (b) Suppliers
4: (d) Planning leads to rigidity
5: (a) Within prescribed limits
6: (a) Demotion
7: (d) Ensuring order and discipline
8: (a) Planning ends
9: (c) higher financial risk
10: (b) Bombay stock exchange
11: (c) Design
12: (b) Right to consumer education
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