CUET Exam  >  CUET Tests  >  CUET UG Mock Test Series 2026  >  Business Studies: CUET Mock Test - 8 - CUET MCQ

Business Studies: CUET Mock Test - 8 - CUET MCQ


Test Description

30 Questions MCQ Test CUET UG Mock Test Series 2026 - Business Studies: CUET Mock Test - 8

Business Studies: CUET Mock Test - 8 for CUET 2025 is part of CUET UG Mock Test Series 2026 preparation. The Business Studies: CUET Mock Test - 8 questions and answers have been prepared according to the CUET exam syllabus.The Business Studies: CUET Mock Test - 8 MCQs are made for CUET 2025 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Business Studies: CUET Mock Test - 8 below.
Solutions of Business Studies: CUET Mock Test - 8 questions in English are available as part of our CUET UG Mock Test Series 2026 for CUET & Business Studies: CUET Mock Test - 8 solutions in Hindi for CUET UG Mock Test Series 2026 course. Download more important topics, notes, lectures and mock test series for CUET Exam by signing up for free. Attempt Business Studies: CUET Mock Test - 8 | 50 questions in 60 minutes | Mock test for CUET preparation | Free important questions MCQ to study CUET UG Mock Test Series 2026 for CUET Exam | Download free PDF with solutions
Business Studies: CUET Mock Test - 8 - Question 1

Which of the following does not characterise the business environment?

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 1

Employees do not characterize the business environment. The business environment refers to external forces such as individuals, enterprises, situations, and other factors that affect the organization’s performance. Employees are internal to the organization and do not characterize its external environment.

Business Studies: CUET Mock Test - 8 - Question 2

When a company taken over another one and clearly becomes the new owner, the action is called

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 2

The terms "mergers" and "acquisitions" are often used interchangeably, although in actuality, they hold slightly different meanings. When one company takes over another entity, and establishes itself as the new owner, the purchase is called an acquisition.

Business Studies: CUET Mock Test - 8 - Question 3

Which of the following does not explain the impact of Government policy changes on business and industry?

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 3

Change in agricultural prices does not directly explain the impact of government policy changes on business and industry. Government policy changes typically influence businesses through factors like increased competition, market orientation, or changing customer demands, whereas agricultural price changes are more specific to certain sectors.

Business Studies: CUET Mock Test - 8 - Question 4

The trend of health and fitness has created a demand for products like gyms, bottled mineral water, and food supplements, etc. These are examples of __________.

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 4

The trend of health and fitness creating demand for products like gyms, bottled mineral water, and food supplements is an example of the social environment. This trend reflects changing societal preferences and behaviours, which influence market demand.

Business Studies: CUET Mock Test - 8 - Question 5

Relaxing the restrictions and controls imposed on Business and industry means

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 5

Liberalization refers to relaxation of government restrictions usually in areas of social and economic policies. It refers to the process of eliminating unnecessary controls and restrictions on the smooth functioning of business enterprises.

Business Studies: CUET Mock Test - 8 - Question 6

Liberalisation means

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 6

Liberalization means relaxation of various government restrictions in the areas of social and economic policies. Liberalizing trade policy by the government that is removal of tariff, subsidies and other restrictions on the flow of goods and services between countries is also termed as liberalization. 
Liberalization is the result of New Industrial Policy which abolished the "License system". All industries except six major industries were liberalized. As a result industries grew rapidly and therefore liberalization also means deregulation and delicensing of industries. 

Business Studies: CUET Mock Test - 8 - Question 7

Gross Domestic Product (GDP) is concerned with ____________

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 7

Economic Environment  consists of Gross Domestic product, Income at National level and per capita level. Profit earning rate, monetary and fiscal policy of the government etc. It helps to keep track of the economy affecting the business.

Business Studies: CUET Mock Test - 8 - Question 8

Subsidy to cotton textile businesses is the __________

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 8

A subsidy to cotton textile businesses is an example of the political environment. Subsidies are government policies that support specific industries, reflecting political decisions to influence economic outcomes.

Business Studies: CUET Mock Test - 8 - Question 9

What is the primary advantage of decentralization at Johnson & Johnson?

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 9

Greater flexibility and quicker decision-making
Decentralization at Johnson & Johnson allows for flexibility and faster decision-making, as each smaller affiliate operates autonomously.

Business Studies: CUET Mock Test - 8 - Question 10

How does decentralization benefit McNeil Consumer Healthcare?

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 10

It allows for more agile responses to market needs
Decentralization enables McNeil Consumer Healthcare to be more agile, responding quickly to market changes and customer demands.

Business Studies: CUET Mock Test - 8 - Question 11

How many smaller companies does Johnson & Johnson operate through?

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 11

190
Johnson & Johnson operates through 190 smaller companies, each focusing on a specific product or geographic area, as stated in the passage.

Business Studies: CUET Mock Test - 8 - Question 12

What does decentralization help McNeil Consumer Healthcare maintain?

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 12

Short lines of communication with customers and employees
Decentralization allows McNeil to maintain short lines of communication, improving interaction with both customers and employees.

Business Studies: CUET Mock Test - 8 - Question 13

Why is decentralization advantageous for companies like McNeil Consumer Healthcare?

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 13

It enables companies to be more focused and responsive
Decentralization allows for greater focus and responsiveness to local market demands and changes, as each affiliate can operate with more autonomy.

Business Studies: CUET Mock Test - 8 - Question 14

Which of the following is not a feature of planning?

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 14

Panning is a time consuming process because it involves collection of information, it’s analysis and interpretation thereof. This entire process takes a lot of time specially where there are a number of alternatives available.

Business Studies: CUET Mock Test - 8 - Question 15

Which of the following is an assumption of rationality to rational decision making?

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 15

Rational decision making is a multi-step process for making choices between alternatives. The process of rational decision-making favors logic, objectivity, and analysis over subjectivity and insight. The word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.
The rational model also assumes:
1. An individual has full and perfect information on which to base a choice.
2. Measurable criteria exist for which data can be collected and analyzed.
3. An individual has the cognitive ability, time, and resources to evaluate each alternative against the others.

Business Studies: CUET Mock Test - 8 - Question 16

Match List I with List II:

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 16
  • B (Informal organisation) is created through social interactions between employees, not structured.
  • A (Formal organisation) is designed deliberately by the management to achieve specific objectives with clear authority and responsibility.
  • C (Departmentalisation) involves dividing work into groups based on similar functions or tasks.
  • D (Unity of command) means each employee must report to only one superior to avoid confusion in authority.
Business Studies: CUET Mock Test - 8 - Question 17

No Smoking in the factory? comes under?

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 17

No Smoking in Factory comes under Rules.Rules are specific statements that inform what is to be done. They do not allow for any flexibility or discretion. It reflects a managerial coercion that a certain action must or must not be taken.

Business Studies: CUET Mock Test - 8 - Question 18

Main purpose of Rule is:

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 18

General rule is a rule that is applicable to a class of cases or circumstances. It can also be formal order or direction made by a court, as for governing the procedure of the court or a general norm mandating or guiding conduct or action in a given type of situation. 

School rules are usually associated with classroom management and school discipline.According to the students, relational rules are the most important in school. Students also value protecting and structuring rules as important because of the meaning giving to them.

Business Studies: CUET Mock Test - 8 - Question 19

What to do and how to do is concerned with______

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 19

Planning is ascertaining prior to what to do and how to do. It is one of the primary managerial duties. Before doing something, the manager must form an opinion on how to work on a specific job. Hence, planning is firmly correlated with discovery and creativity.

Business Studies: CUET Mock Test - 8 - Question 20

Hiring only University trained engineers is an example of ____________

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 20

Policy refers to the general guidelines that brings uniformity in the decion making to accomplish predetermined goal. here, the policy is to bring only trained engineers.

Business Studies: CUET Mock Test - 8 - Question 21

Match List I with List II:

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 21
  • Autocratic leadership (1) involves top-down control with limited input from subordinates, so B is the match.
  • Democratic leadership (2) encourages collaboration and consultation, allowing employees to influence decisions, making A the correct answer.
  • Job enrichment (3) involves increasing the variety and responsibility in tasks, hence C is the fit.
  • Career advancement opportunities (4) help employees grow and progress in their careers, so D fits well.
Business Studies: CUET Mock Test - 8 - Question 22

There are two types of plans _______

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 22

Planning is commitment to a certain work to achieve specific results. The two types of plane are Standing plans and Single-use plans.
Standing Plans- These plans are formulated to guide managerial decisions and actions on problems which are recurring in nature. They are also known as ‘repeated use plans’.
Single use plans- These plans are used to solve a particular problem that is non-recurring in nature.

Business Studies: CUET Mock Test - 8 - Question 23

Development of a new product is a ___________

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 23

Programmes are the combinations of objectives,policies,procedure and rules all these plans together form a program.The programs are made to get the systematic working in the organisation. For example:-Construction of shopping mall,Development of a new product etc. , And development of a new product involves objective policies procedure and rules.

Business Studies: CUET Mock Test - 8 - Question 24

Which of the following is not correct?

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 24

Profitability can be increased by various methods like reducing cost, increasing turnover costs, increasing productivity, and increasing efficiency. 
All of the mentioned methods can be achieved by effective planning. By achieving these methods by planning it will help in increasing profitability, not decreasing it.

Business Studies: CUET Mock Test - 8 - Question 25

Single use plans are designed only ____________

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 25

Single use plan is developed to address a specific organizational situation. Such a plan is typically used only once because the specific situation to which they apply does not recur. Consider, for example, the plan of SAP Americas, a leading provider of enterprise resource planning and ecommerce solutions, to build a new corporate headquarters. A sophisticated plan was necessary to finance, construct, and move into the new building.

Business Studies: CUET Mock Test - 8 - Question 26

No fine or penalty for violation is charged under____

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 26

Method is not a strict rule or a rigid policy like a rule or a law, which prohibits you from doing a certain thing and that's why no penalty is charged. it's not a necessity to follow a method, whereas for a law or a rule it is.

Business Studies: CUET Mock Test - 8 - Question 27

Which of this is not mentioned in decision-making matrix?

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 27

A decision matrix is a series of values in a table of columns and rows that allows a person to visually compare possible solutions by weighing their variables based on importance.
Performance management is not part of the decision-making matrix, it is concerned with performance of organization, a department, employee or a particular task.

Business Studies: CUET Mock Test - 8 - Question 28

Training, lectures and seminars are ____________

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 28

Training, Lectures and Seminar are different types of methods.  Methods are a standard way of doing jobs for attaining objectives. They are more detailed than procedure. They are helpful in simplifying the work for different jobs and different methods are adopted.

Business Studies: CUET Mock Test - 8 - Question 29

Estimated cash inflows and cash outflows are _________

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 29

A cash flow budget is a summary of the projected cash inflows and outflows for a business over a period of time. The time period is usually a future accounting period and is divided into quarters or months.

Business Studies: CUET Mock Test - 8 - Question 30

Match List I with List II:

Detailed Solution for Business Studies: CUET Mock Test - 8 - Question 30
  • A → 1: Growth objectives focus on expanding market share and ensuring long-term business development.
  • B → 2: Profit objectives are aimed at generating revenue and ensuring business profitability.
  • C → 3: Social responsibility involves ethical business practices, contributing positively to society.
  • D → 4: Managerial efficiency involves optimizing the use of resources and reducing operational costs.
View more questions
39 docs|145 tests
Information about Business Studies: CUET Mock Test - 8 Page
In this test you can find the Exam questions for Business Studies: CUET Mock Test - 8 solved & explained in the simplest way possible. Besides giving Questions and answers for Business Studies: CUET Mock Test - 8, EduRev gives you an ample number of Online tests for practice
Download as PDF