List of top Business Studies Questions

Match List I with List II

LIST I		LIST II
A	Taking personal pain to complete a task as scheduled	I	Assertiveness
B	Eliciting support of others in the venture	II	Persuasion
C	A 'never say die' attitude	III	Commitment to work
D	Conveying emphatically one's vision	IV	Persistence

Choose the correct answer from the options given below:

People with different backgrounds perform diverse tasks in an organisation to achieve common goal. What aims at guiding their efforts towards achieving a common goal?

Match List I with List II

LIST I		LIST II
A	Similar nature activities are grouped together	I	Establishing reporting relationships
B	Define the work of different job positions	II	Identification and division of work
C	Burden of work can be shared	III	Departmentalisation
D	Hierarchical structure for coordination amongst departments	IV	Assignment of duties

Choose the correct answer from the options given below:

Radha owns a company of handmade craft in a rural area and she employed marginalised sections of society in her company and gave them wages as per the work completed by them. Identify the objective of management that is accomplished by Radha.

Social objectives of management includes:
A. Environmental friendly methods of production
B. Giving employment opportunities to underprivileged sections
C. Providing basic amenities
D. Competitive salaries and perks
E. Survival
Choose the correct answer from the options given below:

Match List I with List II

LIST I		LIST II
A	Science not rule of thumb	I	Management should accept constructive suggestion of workers.
B	Harmony not Discord	II	Only one best method to maximise efficiency.
C	Cooperation not individualism	III	Worker Training
D	Development of each & every person to his or her greatest efficiency	IV	Complete understanding between managers and workers

Choose the correct answer from the options given below:

Match List I with List II

LIST I		LIST II
A	Procedures	I	Plan to get dominant position in market
B	Strategy	II	Single use plan
C	Project	III	Standing plan
D	Assumptions about the future	IV	Developing Premises

Choose the correct answer from the options given below:

_________ means the integration of the various economies of the world leading towards the emergence of a cohesive global economy.

Match List-I with List-II.

List-I	List-II
(A) General stability and peace in country	(I) Economic Environment
(B) Legislations passed by the government	(II) Social Environment
(C) Inflation rates, changes in income	(III) Legal Environment
(D) Custom, traditions, values	(IV) Political Environment

Choose the correct answer from the options given below:

Match List I with List II

LIST I		LIST II
A	File complaint in case of dissatisfaction	I	Right to be heard
B	Get relief against unfair trade practices	II	Right to be assured
C	Complete information about the product	III	Right to seek redressal
D	Freedom to access variety of products	IV	Right to be informed.

Choose the correct answer from the options given below:

Arrange the functions of management in correct sequence:
(A) Evaluation
(B) Organising
(C) co-ordinating/Implementation
(D) Planning
(E) Controlling
Choose the correct answer from the options given below:

Select the correct sequence of steps of controlling process which are given below.
A. Analysing deviations
B. Measurement of actual performance
C. Setting performance standards
D. Comparison of actual performance with standards
E. Taking corrective action
Choose the correct answer from the options given below:

Which of the following statements pertaining to co-ordination are correct?
A. Co-ordination is the responsibility of only top level managers
B. Co-ordination is not a function of management
C. Co-ordination is a deliberate function
D. Co-ordination is not a continuous process
E. Co-ordination is the essence of management
Choose the correct answer from the options given below:

Net working capital is computed as______.

Following is not a part of Globalisation.

Match List-I with List-II.

List-I	List-II
(A) Strategy	(I) What you would like to achieve
(B) Programme	(II) Sequence of steps for performing work in a given manner
(C) Procedure	(III) A comprehensive plan for accomplishing an organisation’s objectives
(D) Objectives	(IV) Detailed statements with each and every minute detail

Choose the correct answer from the options given below:

Arrange the steps of Planning process in the correct sequence.
(A) Setting Objectives
(B) Developing premises
(C) Identifying alternative courses of action
(D) Evaluating alternative courses
(E) Selective an alternative
Choose the correct answer from the options given below:

"Inspite of all efforts, company may fail to achieve dominant position in the market by the end of the next financial year." Which limitation of the function of management, is referred in the above statement.

The incentive is offered over and above the wages/salary to the employees is_____.

Ashok went to a shop to buy a tooth paste. The shopkeeper showed him different varities of toothpaste available in his shop. Ashok took one of them but had an allergy after using it. He later on checked that the product had crossed its expiry date. Which responsibility has Ashok ignored as a customer?

It is mandatory for the manufactuures to provide information such as ingredients, date of manufacture, price, directions for use, price ete. The consumer right highlighted here is-

Identify the elements of delegation.
(A) Authority
(B) Centralisation
(C) Decentralisation
(D) Accountability
(E) Responsiblity
Choose the correct answer from the options given below:

Identify which of the following concept arises from formal position.

Answer after reading following about Treasury Bill.
(A) A Treasury Bill is an instrument of short term borrowing by the Government of India
(B) The maturity period of a Treasury bill is more than one year
(C) Treasury bills are also known as Zero Coupon Bonds
(D) Treasury bills are available for a minimum amount of ₹ 20,000
(E) Treasury bills are issued at a price which is lower than their face value and repaid at par.
Choose the correct answer from the options given below:

"Workload Analysis" and "Workforce Analysis" are two aspects of an important step in staffing process. Identify that step.