Time : 3 Hoursl

TIrr{ : 3 qo2]

BUSINESS STUDIES

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(31e)[Maximum Marks : 100

tgt*: 100

Note : (i) AII questions are compulsory.

(ii) Marks allotted are indicated against each question.

(iii) Irach qucstion from Question Nos. 1 to 10 has four alternative - (A), (B), (C)and (l)) out of which one is rnost appropriate. Choose the comect answeramong thc four alternatives and writc it in your answer-book against thenumbcr ol'the question. No extra timc is allotted for attempting multiplechoice questions.

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L. Chicf cxccntivc is a

(A) 'Iop lcvcl managcr

(B) Middlc lcvcl manager .

(C) Lowcr levcl lnanager

(D) Both (A) and (l])

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2. Which of the following is a foreman under planning department. tl]

(A) Inspector

(B) Shop Disciplinarian

(C) Route Clerk

(D) Time and Cost Clerk

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3. 'fhese are the end rcsults towards which all the activities are directed. tll(A) Strategy

(B) Policy

(C) Rule

(D) Objectivcs

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4. The deposit arranged by one company with anothcr company for a short tcrm

is : Ill

(A) Fixed f)cposit

(B) Inter-corporate deposits

(C) Owned Deposit

(D) IJorrowed Dcposits

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5. Discounting a bills is a source of :

(A) Long-term finance

. (B) Short-term finance

(C) Medium-term finance

(D) Both (B) and (C)

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6. It refers to the organisation and mechanism through which the companies, otherinstitutions and the government raise long-term funds. tU(A) Money marker

(B) Bank

(C) Capital market

(D) Securities and Exchange Board of India

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7. According to this concept marketing means selling goods and services that havebeen produced. tf](A) Traditional concept of marketing

(B) Modern concept of marketing

(C) Both (A) and (B)

(D) None of the above

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8. Which of the following involves collection and analysis of facts relavent to

tlIvarious asPects of marketing'

(A) Product Planning and Development

(B) Branding

(C) Pricing the Product

(D) Marketing Research

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g. under which of the following ffades payment for goods and services is made in

the currency of the home country' tll

(A) Internal Trade

(B) External Trade

(C) Both (A) and (B)

(D) None of the above

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10. A non-profit organisation of business people formed.to promote general business

interest and the growth of commerce and industry in a particular region or countryis called :

(A) Partnership

(B) Joint Stock Company

(C) Private Limited Company

(D) Chamber of commerce

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11. What is meant by 'shipping order' and a "shipping bill'?

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12. State any three limitations of advertising.

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13. State any three advantages of stock exchange to the investors.

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14. Distinguish between shares and debentures on the basis of (A) Risk, (B) Security

t3Iand (C) Order of repaYment.

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15. Explain :

A) Management as a DisciPline

B) Management as a GrouP

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16. 'Objectives are the end results towards which all managerial efforts and

organisational activities are directed'. In the light of this statement briefly explain

t4lany two objectives of management.

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L7. State any four functions of a supervisor. l4l

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1.8. State any four advantages of controlling function of management. t4I

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lg. Briefly describe the various types of products based on durability. l4l

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20: What is meant by a 'Debit Note'? State the circumstances under which a sellercan send a debit note to the buyer. t4I

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21. With the help of an example explain 'differential piece rate plan'.

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22. 'Proper communication in organisations at all levels and between all levels can

improve both the quantity and quality of output' In the light of this statementexplain any five points of importance of effective communication.

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23. Explain briefly the factors determining the fixed capital requirements of business.

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24. Describe briefly the basic objectives of marketing.

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25. Briefly explain the judicial machinery that has been set up at the national levelfor settlement of grievances under the consumer protection Act 1986. tsl

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26. Identify and briefly explain any five characteristics of the process that uses various

resources through proper direction, co-ordination and integration of several

activities so as to produce desired results. Its degree of success varies according

to the efficiency with which the resources are managed.

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The director of a coal mine company in France made a systematic analysis of the

process of management and evolved many general principles management.

general principles of management.

il illIlillltill iltililffiilililililItc) Briefly explain any four such principles.

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27. 'The active process of entrustment of a part of work or responsibility and authority

to another and the creation of accountability for performance has three elements.

a) Name the person who evolved these

b) How many principles did he evolve.

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t6lIndentify the process and explain its elements.

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'It is through this function that wc get right pcrsons for the organisation and

ensure that they stick to the organisation'. Idcntify and givc the meaning of this

function'. Ilricfly dcscribc its benefits also.

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28. 'A busincss unit cannot move a singlc stcp without sufficient amount of finance'.In the light of this statcmcnt briefly explain any four purposes of business finance.

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State thc merits of cquity sharcs to the sharcholdcrs.

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29. Marketing is thc pcrformance of those busincss activitics that direct the flow ofgoods and scrvices from the producers to consumcrs or users Briefly describeany three such activitics. t6I

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'fhe manufacturcr has to be careful whilc finalising the channel of distribution tobe used. Ilrictly cxplain these factors that thc manufacturcrs must keep in mindwhile taking such dccisions.

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30. 'Both importing and cxporting countries arc bencfited by cxternal trade'. How?

t6lExplain briefly by giving any four points.

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Consumers arc being exploited by the busincss in many ways. So there is a need

for consumcr protection various argumcnts are given in favour of consumerprotection. Explain any four such arguments.

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