SUGGESTED QUESTIONS FOR AHSEC FINAL EXAM-2019 SUJBJECT- BUSINESS STUDIES




UNIT-1
FOR 1 MARKS
Q.1. What do you mean by Management?
Q.2. Write one important objective of management?
Q.3. At which level business policy is framed?
Q.4. Who defined management as the art of getting things done through others?   Ans:- Parker Follett.
Q.5. Why is said management principal are universal?
Q.6. Is management is a pure science?     Ans:- No
Q.7. Is Management is an Art?     Ans:- Yes, management has all the features of art.
FOR 2/3/4/5/6/8 MARKS
Q.1. ‘Management is considered a Art or science or both’. Explain.    V.V.I
Q.2. Discuss the level of management with Function of each level?
Q.3. Give the reason to support management as a profession?
Q.4. What are the importance/Needs of Co-ordination?  Why coordination is the essence of management?     V.V.I
Q.5. Discuss briefly the objective of management?
Q.6. Discuss the importance of management?

UNIT-2

FOR 1 MARKS
Q.1. Which principal state ‘one plan’  “one boss” and one head, one plan”.?    Ans:- Henry foyol
Q.2. Who introduced the concept of “Differential piece wage” system?   Ans:- F.W Taylor.
Q.3. which principal of management promotes team spirit?  Ans:- Principal of ‘Esprit De Corps’.
Q.4. Which technique of scientific management does provide for eight specialist foremen over worker?
Ans- Functional foremanship.
Q.5. Who was Henry foyal?
Q.6. Who is called the father of administrative management theory?   Ans:- Henry Foyol
Q.7. Who was F.W. Taylor?
Q.8. What is the main objective of fatigue study?
Q.9. How management principal are derived? Ans:- Management principal are derived by observing and analyzing the events management have to face in actual practice.
FOR 2/3/4/5/4/6/8 MARKS
Q.1. What is scientific management? What are the four principles of scientific management?
Q.2. Explain ‘Time study’ ‘Method study’ and ‘Motion study’ as technique of scientific management?
Q.3. Explain the principles of management developed by Henry Fayol?  V.V.I
Q.4. What is management principles? What are the characteristics of management principles?  V.V.I


UNIT-3
FOR 1 MARKS
Q.1.What do you mean by disinvestment?
Q.2. Under which environment factor does fiscal policy falls?   Ans:-  Economic Environment
Q.3. Give an Example of legal environment?  
Q.4. Mention one Importance of business environment?  Ans:- first mover advantages
Q.5. Mention any one elements or example of Social environment?  Ans:- (i) Quality of life (ii) Birth and Death rates.
Q.6. Mention any two elements of political environment?   Ans:- profile of political leaders.
Q.7. Which environment prohibits the advertisement of alcoholic beverages? Ans:- Legal environment.
Q.8. Which process aims at giving greater role to the private sectors role to the public sector? 
Ans:- Privatization.
FOR 2/3/5/6/8 MARKS
Q.1. Discuss the Importance of Business Environment? 
Q.2. Discuss the various components (External and internal) of Business Environment?
Q.3. State the features of new economic policy OR industrial policy 1991?  
OR
          Mention the changes initiated by the government of India since 1991?    
Q.4. What is the meaning of Liberalization? Explain the process of liberalization in India? 
Q.5. Discuss the impact of economic reforms on business and industry?  
OR
           Explain the impact of environment policy changes on business and industry after 1991?
Q.6. How a business is influenced by political and legal environment?

UNIT-4

FOR 1 MARKS
Q.1. Give one different between policy and procedure?
Q.2. Mention two qualities of a good planning?
Q.3. Why is planning regarded as an intellectual process?
FOR 2/3 MARKS
Q.1. What is Budget, Rules, Procedure, and strategy?
Q.2.Planning is the basic function of management explains? 
Q.3. Mention two features of planning?  
Q.4. How is planning a pervasive function? 
FOR 4/5/6 MARKS
Q.1. What are the process involves in planning? Explain?  MOST V.V.I
Q.2. Discuss the importance of planning?   V.V.I
Q.3. What are the features of Planning?
Q.4. What are the different between Policies and procedure Or Policies and objectives?


UNIT-5
FOR 1 MARKS
Q.1. A Company is manufacturing cosmetics’, ready-made garments, toilet items and biscuits. What kind of organization structure is suitable for this company?
Q.2. Responsibility flows downward.  True Or False    Ans: - False
FOR 2/3 MARKS
Q.1. Write two differences between authority and responsibility?
Q.2. State the authority of top management and freedom of action under centralisation?
Q.3. “Authority can be delegated but responsibility cannot be delegated.” Comment.
Q.4. State the authority of top management and freedom of action under centralisation?  
FOR 5/6 MARKS
Q.1. What is meant by ‘informal organisation? Write any five features of informal organisation?
Q.2. Write four differences between formal and informal organisation?
Q.3. Delegation of authority is necessary in all types of organisation?
Q.4. Discuss the importance of organisation?
Q.5. Mention the four steps in the process of organisation. How centralisation difference from decentralisation?
Q.6. what do you mean by delegation of authority? What are its elements?
Q.7. What is functional organisation structure? State three merits and demerits of such a structure?


UNIT-6
FOR 1 MARKS
Q.1. Name the function by which managers build an organisation through the recruitment, selection and development of individual as capable employees?              Ans:- Staffing.
Q.2. What is the first steps of staffing process?
Q.3. Name the process concerned with searching of r prospective candidates for various jobs in an organization?
FOR 2/3 MARKS
Q.1. Why internal source of recruitment is considered to be more economical?
FOR 5/6/8 MARKS
Q.1.What are the various step involved in the staffing process?  V.V.V.I
Q.2. What is internal source of recruitment? Why do organisations prefer recruitment through internal sources? Explain?
Q.3.What is the advantages (merits) and disadvantages (Demerits) of internal source of recruitment? 
Q.4. What is External source of recruitment? What are the advantages (merits) and disadvantages (Demerits) of External source of recruitment?  V.V.V.I
Q.5. What do you mean by ‘on the job training’? What are various methods of ‘on the job training’? V.V.I
Q.6. What are the difference between Training and development? 

UNIT-7
FOR 1/2 MARKS
Q.1. Mention the various elements of directing?   Ans:- (i) Supervision  (ii) Motivation  (iii) Leadership  (iv) Communication.
Q.2. Who involved the need hierarchy theory of motivation?
Q.3. Grapevine is associated with which form of communication?
Q.4. Give two examples of Non-financial incentives?
Q.5.What is informal communication?
FOR 4/6 MARKS
Q.1. Explain Abraham Maslow’s theory on hierarchy of needs? Mention the basic assumptions of the theory?  V.V.V.I
Q.2. what is communication? What are the importances of communication?  V.V.V.I                  
Q.3. Define Leadership? What are their importance’s? What are the essential qualities of a good leader? V.V.V.I
Q.4. What is the meaning of Supervision? Discuss the various function of supervisor or Importance of Supervision.  V.V.V.I
Q.5. What is motivation?  What are its important?
Q.6. What are the various Barriers to effective Communication? State the measures to overcome barriers to effective communication?
Q.7.What are the importance of Directing?

                                                                              UNIT-8
FOR 1/2 MARKS
Q.1. Why controlling is a pervasive function?
Q.2. What do you mean by management by exception?
Q.3. Write shot- note on Management Information System (MIS)? What are the advantages of management information system?   V.V.I
Q.4. Name one features of good control system?  Ans:- Simplicity
Q.5. Name the techniques of control by which all operation are planned in advance in the form of budget?
FOR 5/6/8 MARKS
Q.1.What are the steps involved in Controlling process?  V.V.I
Q.2. What are the essential requirements of a good control system?
                                                     Or
         What are the requisites of an effective control system?    V.V.I
Q.3. What do you mean by Controlling? What are its important? 
Q.4. Discuss the various techniques of managerial control?         


                                                                          UNIT-9
FOR 1/2 MARKS
Q.1. Give one reason why working capital is needed?
FOR 2/3 MARKS
Q.1. ‘SEBI’ is the regulator of the Indian capital market’? Explain? 
Q.2.  What do you mean by organisation structure?
Q.3. state in brief the three decisions involved in financial management?
Q.4. state the three decision involved in financial management?
FOR 5/6/8 MARKS
Q.1. State any five main functions of SEBI? V.V.I
Q.2. Explain the meaning and objective of financial management? V.V.I
Q.3. Explain the meaning of working capital? Briefly explain any five factors that determine the working capital of a company? V.V.I
Q.4. ‘Determination of capital structure of a company is influenced by a number of factors”. Explain at least five such factors? 
Q.5. Explain the function of finance manager of a company? 
Q.6. What are the aspects of dividend decision? Explain sis factors affecting capital structure decision of a company? V.V.I     

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UNIT-12
FOR 1 MARKS
Q.1. Ankit filed a case against ‘ABC Ltd. In the ‘National commission.’ But he was not satisfied with the orders of the ‘state commission’. Name the authority to which he can appeal against the decisions of ‘State commission’. (2013)    Ans:-He can Appeal in supreme Court within 30 days.
Q.2. Who can file a complaint under consumer protection Act? Name two parties?
Ans:- (i) Any consumer (ii) Registered consumers Association.
Q.3. Which marketing philosophy gives more importance to ‘consumer welfare’ instead of consumer satisfaction’?  Ans:- Societal marketing concept.
Q.4. Which consumer right suggest that consumers should have a access to variety of goods and services at competitive prices?
Q.5. What can serve as a proof for purchase of goods for filling a complaint in consumer forum?
Ans:- Cash memo.                                       
Q.6. Can a person purchasing goods for resale be called consumer?   Ans:- No
FOR 5/8 MARKS
Q.1. Explain the importance of consumer protection Act from the point of view of Businessman? V.V.I
Q.2. Explain in brief and five functions of consume organization?
Q.3. State the responsibilities of a consumer under the consumer protection act 1986?  V.V.I
Q.4. Explain the right of a consumer under the consumer protection Act 1986?
Q.5. How complaints are redressed under the consumer protection Act, 1986?

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