BUSINESS STUDIES SAMPLE PAPER 2 CLASS 12 TERM 1

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BUSINESS STUDIES (Code No. 054) CLASS–XI (2021-22) TERM WISE CURRICULUM

	TERM 1- MCQ BASED QUESTION PAPER THEORY – 40 MARKS DURATION:90 MINUTES
Units		Periods	Marks
Part A	Foundations of Business
1	Evolution and Fundamentals of Business	18	16
2	Forms of Business Organisations	20
3	Public, Private and Global Enterprises	10	14
4	Business Services	14
5	Emerging Modes of Business	05	10
6	Social Responsibility of Business and Business Ethics	08
	Total	75	40
	PROJECT WORK ( Part-1)		10

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Table of Contents

BUSINESS STUDIES SAMPLE PAPER 2 CLASS 12 TERM 1

Registering a trademark gives to the users.
(a) Finance
(b) Fame
(c) Protection
(d) Information
___ is a standardised way or manner of performing a routine activity considering its objectives.
(a) Procedure
(b) Method
(c) Rule
(d) Programme
This function of Management related to placing the right person at the right job is
(a) Organising
(b) Staffing
(c) Planning
(d) Controlling

____ means one plan, one boss.
(a) Unity of direction
(b) Unity of command
(c) Centralization
(d) Gang plank
__ is the duty for job performance.
(a) Authority
(b) Responsibility
(c) Accountability
(d) Both(a) and(c)
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Within 2 years of it’s inception, Bhavishya Limited has created a very positive reputation about itself and its products in the eyes of general public by participating extensively in various social welfare programs. Identify the component of promotion mixing described in the given lines.
(a) Advertising
(b) Personal selling
(c) Public relation
(d) Sales promotion
___ specifies the end to be achieved.
(a) Objective
(b) Strategy
(c) Policy
(d) Method
India’s population is expected to grow under 0.5 per cent during 2031-41 due to decline in fertility rate and increase in life expectancy. These changes in India’s demography will also have implications such as the proportion of elementary school-going children will witness significant declines, lack of hospital beds and increase in retirement age. The related feature of business environment being described in the above lines is
(a) Totality of external forces
(b) Dynamic nature
(c) Interrelatedness
(d) Relativity
This function of management relating to laying down the foundation for carrying out the other functions of management successfully is
(a) Organising
(b) Staffing
(c) Planning
(d) Controlling
__ involves harmony and team spirit among employees.
(a) Discipline
(b) Esprit de corps
(c) Order
(d) Standardization
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___ is the right to command.
(a) Authority
(b) Responsibility
(c) Accountability
(d) Both (b) and (c)
Under which of the following conditions does a business need not maintain high level of inventory?
(a) When higher level of customer services need to be provided
(b) When high degree of accurate sales forecast can be made
(c) When the responsiveness of the distribution system is low
(d) All of the above
___ are relevant to recurring activities.
(a) Single-use plans
(b) Standing plans
(c) Objectives
(d) Programmed
As a result of major government initiatives, more and more people are going ‘green’. In order to keep in line with the trend, ‘Clapaway’ a carpet cleaning company has advertised that they only use natural cleaners that come from renewable resources and that all their service vehicles are hybrid vehicles that use both gas and electricity. Identify one of the points related to the importance of business environment and its understanding by managers which is being highlighted in the above case.
(a) It helps in assisting in planning and policy formulation.
(b) It helps in coping with rapid changes.
(c) It helps in improving performance.
(d) It enables the firm to identify opportunities and getting the first mover advantage.
Organizing as a function of management involves deciding
(a) What activities and resources are required
(b) Who will do a particular task
(c) Where will it be done
(d) All of the above
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Which principle of general management advocates that, “Employee turnover should be minimised to maintain organizational efficiency.”?
(a) Stability of personnel
(b) Remuneration of employees
(c) Equity
(d) Esprit De Corps
___ cannot be delegated.
(a) Authority
(b) Responsibility
(c) Accountability
(d) Both (a) and (b)
Henna is planning to set up a small manufacturing unit for manufacturing eco-friendly packaging material. She has decided to market her products through the conventional channel of distribution, which involves wholesalers and retailers. Identify the channel of distribution being adopted by the company.
(a) Zero level channel
(b) One level channel
(c) Two level channel
(d) Three level channel
In 2019 alone, Swingy has launched operations in 300 towns and cities. Swiggy follows a two-step sequence while expanding to a small town. First, it provides more laborious training to restaurants and delivery partners compared to their counterparts in the city. Second, it focuses on building scale in operations and increase the restaurant’s reach to a larger base of consumers, including optimizing kitchens, resource planning among others. Identify the type of plan being described in the above lines.
(a) Method
(b) Strategy
(c) Programmed
(d) Procedure
Electric vehicles with zero tail pipe emission are emerging as a good alternative to ‘ problems like climate change, surging pollution leading to ill health, crude import bill and energy security. Identify the related dimensions of business environment.
(a) Economic dimension, Legal dimension and Social dimension
(b) Social dimension, Political dimension and Economic dimension
(c) Economic dimension, Technological dimension and Social dimension
(d) Social dimension, Political dimension and Legal dimension
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The main task of this level of management is to determine the overall organizational objectives and strategies for their realization.
(a) Operational management
(b) Middle level management
(c) First line managers
(d) Top level management
According to Henri Fayol, if this principle of general management is violated, “authority is undermined, discipline is in jeopardy, order disturbed and stability threatened.” Identify the principle.
(a) Authority and responsibility
(b) Discipline
(c) Unity of command
(d) Equity
When decision-making authority is retained organization is said to be by higher management levels, an
(a) Decentralized
(b) Centralized
(c) Fragmented
(d) None of the above
Kannu has decided to sell her range of organic food products through her own retail outlets. Identify the channel of distribution being adopted by the company.
(a) Zero level channel
(b) One level channel
(c) Two level channel
(d) Three level channel
Deepak is striving to earn a profit of 30% in the current financial year. Identify the type of plan being described in the above lines.
(a) Method
(b) Objective
(c) Strategy
(d) Programmed
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In order to boost and double India’s export of goods and services to over USD 1,000 billion by 2025, it is important to lower effective corporate tax rate, bring down cost of capital and simplify regulatory and tax framework. Identify the related dimension of business environment.
(a) Social dimension and Legal dimension
(b) Technological dimension and Political dimension
(c) Political dimension and Social dimension
(d) Economic dimension and Legal dimension
Which of the following statements is not true for lower level management?
(a) Analyse the business environment and its implications for the survival of the business.
(b) Ensure the quality of the output
(c) They strive to reduce the wastage of resources
(d) They ensure that the safety standards are maintained within the organization.
According to this principle of general management, “an organization should safeguard against abuse of managerial power, but at the same time a manager should have the necessary authority to carry out his responsibility.” Name the principle of management being described in the given statement.
(a) Discipline
(b) Authority and responsibility
(c) Unity of command
(d) Unity of direction
Responsibility is derived from
(a) Authority
(b)Formal position
(c) Accountability
(d) All of the above
Under which of the following situations is a company not likely to fix a lower price for its product?
(a) When the competition has introduced a substitute product
(b) If the demand for a product is inelastic
(c) When the company wants to attain market share leadership
(d) When the demand for the product is low
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Ketan Enterprises adopts different ways to provide training to employees, like Job . Rotation, Coaching, Vestibule Training, Conference, Lecture Method and Role Playing. Identify the type of plan being described in the above lines.
(a) Method
(b) Strategy
(c) Programmed
(d) Procedure
DigiLocker is the country’s first secured cloud-based platform for the storage, issuance and verification of documents with the Driving Licence & Vehicle Registration System of the Road Transport Ministry. The integration of a government department with DigiLocker since its launch last year is one of the biggest of its kind. It will spare 1 people the trouble of carrying licences & vehicle papers, which can be accessed on phones using the DigiLocker app. Identify the related dimension of business environment.
(a) Ecoriomic dimension
(b) Technological dimension
(c) Social dimension
(d) Political dimension
Which of the following is a function of top level management?
(a) Ensuring quality of output
(b) Assigning necessary duties and responsibilities to their departments
(c) Taking responsibility for all the activities of the business and its impact on the society
(d) Ensuring that the safety standards are maintained within the organisation.
The technique of differential piece rate system was developed by Taylor in order to
(a) Discriminate between efficient and inefficient workers
(b) Reward the efficient worker
(c) Motivate the inefficient workers to perform better
(d) All of the above
Which of the following cannot be delegated?
(a) Responsibility and accountability
(b) Authority and responsibility
(c) Accountability and responsibility
(d) All of the above
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A salesman of a company dealing in pet foods is paid a fixed salary of ?20000 per month and furthermore, ?20 extra per unit of the product sold beyond the target sales. Identify the type of cost being described in the given example.
(a) Fixed cost
(b) Variable cost
(c) Semi-variable cost
(d) None of the above
The government has been doubling down on its efforts to switch to 100% electric vehicles by 2030. Many companies such as Tata Motors, Kinetic Motors, Maruti Suzuki and Hyundai Motors are all readying their EV models for a 2020 launch in order to support the plan. Identify the type of plan being described in the above lines.
(a) Method
(b) Strategy
(c) Programmed
(d) Objective
According to a report by the India Staffing Federation (ISF), India has emerged as the
fifth largest market worldwide in flexi-staffing in 2018 and the country would have 6.1 million flexi-workforce by 2021. It showed that Haryana, Gujarat, Karnataka, Madhya Pradesh and Telangana are the states with high growth potential for flexi- staffing but Andhra Pradesh tops the list of states with favorable business environment. Identify the feature of business environment being discussed above,
*(a) Relativity
(b) Dynamic nature
(c) Uncertainty
(d) Interrelatedness
Which of the following is not a designation related to middle level management?
(a) Operations Head
(b) Sales Manager
(c) Chief Operating Officer
(d) Divisional Manager
Any kind of external devices, like compact discs (CD’s) for computer, have become obsolete. Google, with its Google Drive service, Apple with its iCloud offering, enables the users store documents, photos, music and movies on web-based servers. Identify the feature of business environment being described in the above lines.
(a) Relativity
(b) Dynamic nature
(c) Uncertainty
(d) Interrelatedness

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1.C	11.A	21.D	31.A
2.B	12.B	22.B	32.B
3.B	13.B	23.B	33.D
4.A	14.C	24.A	34.D
5.B	15.D	25.B	35.A
6.C	16.A	26.A	36.C
7.A	17.C	27.B	37.B
8.C	18.C	28.B	38.A
9.C	19.B	29.A	39.C
10.B	20.C	30.B	40.C