Business studies class XII Quiz-2

Business studies class XII Quiz-2

Quiz

 

1. Which of the following principle of equity does not imply ?
   1.   Equal pay to everyone
   2.   Fair treatment to all employees
   3.   Stern action against the lazy personnel
   4.   No discrimination against anyone on the basis of gender, religion, language, caste, belief, etc.
2. Identify the right of consumers being promoted in the given picture.
   
   1.   Right to be heard
   2.   Right to seek redressal
   3.   Right to be informed
   4.   Right to consumer education
3. A manager should replace ‘I’ with ‘We’ in all his conversations with workers to foster team spirit. Which principle of management is being highlighted here?
   1.   Order
   2.   Equity
   3.   Discipline
   4.   Espirit de Corps
4. Identify the element of directing that aims to influence the behaviour of people to strive them willingly for the achievement of group goals.
   1.   Motivation
   2.   Supervision
   3.   Leadership
   4.   None of these
5. Manish Sharma works readymade garments factory. in an production manager. He was shifted sales department without any substantial change in the responsibility and status.Which type of recruitment is done in this case?
   1.   Horizontal recruitment
   2.   External recruitment
   3.   Internal recruitment
   4.   None of these
6. Which of the following is not a characteristic of a good brand name?
   1.   Short and simple
   2.   In local language
   3.   Sufficiently versatile
   4.   Distinctive
7. A element/dimension of business environment involves improvements and innovations which provide new ways of producing goods and services and new methods and techniques of operating a business?
   Select the above element :
   1.   Technological
   2.   Political
   3.   Economic
   4.   Social
8. For the following two statements choose the correct option:
   Statement I: Working capital requirements of a company is affected by inflation
   Statement II: ‘Choice of technique’ affects the requirement of fixed capital of a company
   
   1.   Statement II is true and I is false
   2.   Statement I is true and II is false
   3.   Both the statements are false
   4.   Both the statements are true
9. Arrange the following steps involved in the staffing process in correct sequence:
   (i) Estimating the Manpower Requirements
   (ii) Selection
   (iii) Recruitment
   (iv) Performance Appraisal
   (v) Training and Development
   (vi) Placement and Orientation
   (vii) Compensation
   (viii) Promotion and career planning
   1.   (i), (iii), (ii), (iv), (vi), (v), (vii), (viii)
   2.   (i), (ii), (iii), (v), (vi), (vii), (viii), (iv)
   3.   (i), (ii), (iii), (vii), (v), (viii), (iv), (vi)
   4.   (i), (iii), (ii), (vi), (v), (iv), (viii), (vii)
10. Familiarising the selected employees with the rules and policies of the organisation and introducing the selected employees to other employees is the process of:
    1.   Induction training
    2.   Performance appraisal
    3.   Employment interview
    4.   None of these
11. GSV Steel Ltd. is a steel manufacturing company located in India. It is enjoying buoyant demand for its products as economic growth is about 9 to 10 percent and demand for steel is growing. The company has decided to set up a new plant to cash on the increase demand. It is estimated that it will require about ` 5,000 crores to set up and about ` 1,000 crores of working capital to start the new plant. Identify the decision taken by the financial manager in the above case?
    1.   Financial decision
    2.   Investment decision
    3.   Dividend decision
    4.   Capital structure decision
12. The principles of pure science is considered to be _________ in nature.
    1.   Flexible
    2.   Rigid
    3.   Creative
    4.   None of the above
13. SolarTop Power Private Limited set up a factory for manufacturing solar lanterns in a remote village as there was no reliable supply of electricity in rural areas. The revenue earned by the company was sufficient to cover the costs and the risks. The demand of lanterns was increasing day-by-day, so generate higher sales. For this, they decided to employ people from the nearby villages as very few job opportunities were available in that area. The company also decided to open schools and crèches for the children of its employees.Identify the objectives of management discussed above.
    1.   Social objective
    2.   Organisational objective
    3.   Neither (a) nor (b)
    4.   Both (a) and (b)
14. PS Fabric Company is planning to measure potential of each employee for learning new skills to know their capacity to develop.Which type of test will cater company’s aim?
    1.   Aptitude test
    2.   Intelligence test
    3.   Trade test
    4.   Interest test
15. ‘The human resource manager assessed the number and type of human resources necessary for the performance of various jobs under an electronic division, and found it to be understaffed.’Which type of analysis has been done by human resource manager?
    1.   Workload analysis
    2.   Workforce analysis
    3.   Human resource analysis
    4.   None of these
16. Which of the following is the first and largest depository presently operational in India.
    1.   Central Depository Services Limited (CDSL)
    2.   National Securities Depository Limited
       (NSDL)
    3.   Neither (a) nor (b)
    4.   Both (a) and (b
17. Which of the following is not an advantage of functional structure?
    1.   Minimum duplication of work
    2.   Coordination across departments
    3.   Ease in training of employees
    4.   Control and coordination within departments
18. A new packaging machine is to be installed in a fast food factory. Which type of decision is taken while deciding about its installation?
    
    
    1.   Working capital decision
    2.   Capital budgeting decision
    3.   Financing decision
    4.   All of these
19. DK Choudahry who was unwell, called his son Ramesh and gave him a gift packet. Ramesh opened the packet and saw many crumpled share certificates inside. His grandfather told him that they had been left behind by his late father. As no trading is now done in physical form, Ramesh wants to know the process by adopting which he is in a position to deal with these certificates. Identify the process.
    1.   Dematerialisation
    2.   Demutualisation
    3.   Neither (a) nor (b)
    4.   Both (a) and (b)
20. A company earned a profit @12% last year. Debts are available in the market @15%. If the company issue debt for its financial needs, it will be______.
    1.   Unlevered
    2.   Unfavourable levered
    3.   Favourable levered
    4.   Cannot decide