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Page 1 Page | 1 Sample Question Paper 2021-22 Term 1 Subject: Business Studies Time: 90 minutes Max. Marks: 40 General instructions: 1. The Question Paper contains 3 sections. 2. Section A has 24 questions. Attempt any 20 questions. 3. Section B has 24 questions. Attempt any 20 questions. 4. Section C has 12 questions. Attempt any 10 questions. 5. All questions carry equal marks. 6. There is NO negative marking. Section - A 1. “What distinguishes a successful manager from a less successful one is the ability to put the principles into practice.” Which aspect of the nature of management is highlighted in the above statement? a) Management as a science b) Management as an art c) Management as a profession d) Management is an intangible force. 2. ____________ provides a rational approach for setting objectives and developing appropriate courses of action for achieving predetermined objectives. (a) Directing (b) Staffing (c) Planning (d) Controlling Page 2 Page | 1 Sample Question Paper 2021-22 Term 1 Subject: Business Studies Time: 90 minutes Max. Marks: 40 General instructions: 1. The Question Paper contains 3 sections. 2. Section A has 24 questions. Attempt any 20 questions. 3. Section B has 24 questions. Attempt any 20 questions. 4. Section C has 12 questions. Attempt any 10 questions. 5. All questions carry equal marks. 6. There is NO negative marking. Section - A 1. “What distinguishes a successful manager from a less successful one is the ability to put the principles into practice.” Which aspect of the nature of management is highlighted in the above statement? a) Management as a science b) Management as an art c) Management as a profession d) Management is an intangible force. 2. ____________ provides a rational approach for setting objectives and developing appropriate courses of action for achieving predetermined objectives. (a) Directing (b) Staffing (c) Planning (d) Controlling Page | 2 3. Marketing mix is the set of _____________________ that the firm uses to pursue its marketing objectives in the target market. (a) Production tools (b) Promotional tools (c) Marketing tools (d) Selling tools 4. Which level of management is responsible for the welfare and survival of the organisation? (a) Top level of management (b) Middle level of management (c) Supervisory level (d) Both (b) and (c) 5. Name the principle of management given by Fayol which when applied would mean that the workers and management both honour their commitments without any prejudice towards one another. (a) Discipline (b) Mental Revolution (c) Remuneration of employees (d) Scalar chain 6. A brand or part of the brand that is given legal protection is called _____________ (a) Brand Mark (b) Trademark (c) Brand (d) Brand name 7. Identify the dimension of the characteristic of management- “it is multidimensional”, which specifies that the task of management is to make the strengths of human resources effective and their weaknesses irrelevant towards achieving the organisation's objectives. (a) Management of work (b) Management of people (c) Management of operations (d) Management of goals Page 3 Page | 1 Sample Question Paper 2021-22 Term 1 Subject: Business Studies Time: 90 minutes Max. Marks: 40 General instructions: 1. The Question Paper contains 3 sections. 2. Section A has 24 questions. Attempt any 20 questions. 3. Section B has 24 questions. Attempt any 20 questions. 4. Section C has 12 questions. Attempt any 10 questions. 5. All questions carry equal marks. 6. There is NO negative marking. Section - A 1. “What distinguishes a successful manager from a less successful one is the ability to put the principles into practice.” Which aspect of the nature of management is highlighted in the above statement? a) Management as a science b) Management as an art c) Management as a profession d) Management is an intangible force. 2. ____________ provides a rational approach for setting objectives and developing appropriate courses of action for achieving predetermined objectives. (a) Directing (b) Staffing (c) Planning (d) Controlling Page | 2 3. Marketing mix is the set of _____________________ that the firm uses to pursue its marketing objectives in the target market. (a) Production tools (b) Promotional tools (c) Marketing tools (d) Selling tools 4. Which level of management is responsible for the welfare and survival of the organisation? (a) Top level of management (b) Middle level of management (c) Supervisory level (d) Both (b) and (c) 5. Name the principle of management given by Fayol which when applied would mean that the workers and management both honour their commitments without any prejudice towards one another. (a) Discipline (b) Mental Revolution (c) Remuneration of employees (d) Scalar chain 6. A brand or part of the brand that is given legal protection is called _____________ (a) Brand Mark (b) Trademark (c) Brand (d) Brand name 7. Identify the dimension of the characteristic of management- “it is multidimensional”, which specifies that the task of management is to make the strengths of human resources effective and their weaknesses irrelevant towards achieving the organisation's objectives. (a) Management of work (b) Management of people (c) Management of operations (d) Management of goals Page | 3 8. ___________________ involves a variety of programmes designed to promote and protect a company’s image and its individual products in the eyes of the public. (a) Advertising (b) Personal selling (c) Publicity (d) Public relations 9. Which type of organisational structure will you suggest for a firm which has diversified activities and operations requiring a high degree of specialisation ? ( a) Centralised structure (b) Decentralised Structure (c) Divisional structure (d) Functional structure 10. “Changes or events cannot be eliminated but they can be anticipated and managerial responses to them can be developed.” is suggested by the following importance of planning: (a) Planning facilitates decision making (b) Planning promotes innovative ideas (c) Planning provides direction (d) Planning reduces the risks of uncertainty. 11. “Grouping similar nature jobs into larger units called departments” is the step in the process of one of the functions of management. Identify the function of management. (a) Planning (b) Organising (c) Directing (d) Staffing 12 The Statement “Planning is a primary function”, suggests that…… (a) Planning precedes other functions (b) Planning requires logical and systematic thinking (c) Plan is framed, it is implemented, and is followed by another plan, and so on (d) Planning is required at all levels of management as well as in all departments of the organisation. Page 4 Page | 1 Sample Question Paper 2021-22 Term 1 Subject: Business Studies Time: 90 minutes Max. Marks: 40 General instructions: 1. The Question Paper contains 3 sections. 2. Section A has 24 questions. Attempt any 20 questions. 3. Section B has 24 questions. Attempt any 20 questions. 4. Section C has 12 questions. Attempt any 10 questions. 5. All questions carry equal marks. 6. There is NO negative marking. Section - A 1. “What distinguishes a successful manager from a less successful one is the ability to put the principles into practice.” Which aspect of the nature of management is highlighted in the above statement? a) Management as a science b) Management as an art c) Management as a profession d) Management is an intangible force. 2. ____________ provides a rational approach for setting objectives and developing appropriate courses of action for achieving predetermined objectives. (a) Directing (b) Staffing (c) Planning (d) Controlling Page | 2 3. Marketing mix is the set of _____________________ that the firm uses to pursue its marketing objectives in the target market. (a) Production tools (b) Promotional tools (c) Marketing tools (d) Selling tools 4. Which level of management is responsible for the welfare and survival of the organisation? (a) Top level of management (b) Middle level of management (c) Supervisory level (d) Both (b) and (c) 5. Name the principle of management given by Fayol which when applied would mean that the workers and management both honour their commitments without any prejudice towards one another. (a) Discipline (b) Mental Revolution (c) Remuneration of employees (d) Scalar chain 6. A brand or part of the brand that is given legal protection is called _____________ (a) Brand Mark (b) Trademark (c) Brand (d) Brand name 7. Identify the dimension of the characteristic of management- “it is multidimensional”, which specifies that the task of management is to make the strengths of human resources effective and their weaknesses irrelevant towards achieving the organisation's objectives. (a) Management of work (b) Management of people (c) Management of operations (d) Management of goals Page | 3 8. ___________________ involves a variety of programmes designed to promote and protect a company’s image and its individual products in the eyes of the public. (a) Advertising (b) Personal selling (c) Publicity (d) Public relations 9. Which type of organisational structure will you suggest for a firm which has diversified activities and operations requiring a high degree of specialisation ? ( a) Centralised structure (b) Decentralised Structure (c) Divisional structure (d) Functional structure 10. “Changes or events cannot be eliminated but they can be anticipated and managerial responses to them can be developed.” is suggested by the following importance of planning: (a) Planning facilitates decision making (b) Planning promotes innovative ideas (c) Planning provides direction (d) Planning reduces the risks of uncertainty. 11. “Grouping similar nature jobs into larger units called departments” is the step in the process of one of the functions of management. Identify the function of management. (a) Planning (b) Organising (c) Directing (d) Staffing 12 The Statement “Planning is a primary function”, suggests that…… (a) Planning precedes other functions (b) Planning requires logical and systematic thinking (c) Plan is framed, it is implemented, and is followed by another plan, and so on (d) Planning is required at all levels of management as well as in all departments of the organisation. Page | 4 13 A major decision area under one of the functions of marketing is the decision regarding marketing intermediaries to be used. Name the function. (a) Physical Distribution (b) Gathering and analysing market information (c) Promotion (d)Transportation 14. “The nature of the relationship of our country with foreign countries”, is a major element of which of the following components of the Business Environment? (a) Social Environment (b) Legal Environment (c) Political Environment (d) Economic Environment 15. Which of the following statements is incorrect? (a) Marketing is a social process (b) Focus of the marketing activities is on customer needs (c) Marketing is merely a post production activity. (d) Marketing mix is a wider term than product mix. 16. Planning is closely connected with _____________ and ________________ (a) Responsibility and accountability (b) Delegation and decentralization (c) Stability and security (d) Creativity and innovation 17. _______________ is an important function of marketing which is important not only for protection of the product but also serves as a promotional tool. (a) Grading (b) Labeling (c) Packaging (d) Branding Page 5 Page | 1 Sample Question Paper 2021-22 Term 1 Subject: Business Studies Time: 90 minutes Max. Marks: 40 General instructions: 1. The Question Paper contains 3 sections. 2. Section A has 24 questions. Attempt any 20 questions. 3. Section B has 24 questions. Attempt any 20 questions. 4. Section C has 12 questions. Attempt any 10 questions. 5. All questions carry equal marks. 6. There is NO negative marking. Section - A 1. “What distinguishes a successful manager from a less successful one is the ability to put the principles into practice.” Which aspect of the nature of management is highlighted in the above statement? a) Management as a science b) Management as an art c) Management as a profession d) Management is an intangible force. 2. ____________ provides a rational approach for setting objectives and developing appropriate courses of action for achieving predetermined objectives. (a) Directing (b) Staffing (c) Planning (d) Controlling Page | 2 3. Marketing mix is the set of _____________________ that the firm uses to pursue its marketing objectives in the target market. (a) Production tools (b) Promotional tools (c) Marketing tools (d) Selling tools 4. Which level of management is responsible for the welfare and survival of the organisation? (a) Top level of management (b) Middle level of management (c) Supervisory level (d) Both (b) and (c) 5. Name the principle of management given by Fayol which when applied would mean that the workers and management both honour their commitments without any prejudice towards one another. (a) Discipline (b) Mental Revolution (c) Remuneration of employees (d) Scalar chain 6. A brand or part of the brand that is given legal protection is called _____________ (a) Brand Mark (b) Trademark (c) Brand (d) Brand name 7. Identify the dimension of the characteristic of management- “it is multidimensional”, which specifies that the task of management is to make the strengths of human resources effective and their weaknesses irrelevant towards achieving the organisation's objectives. (a) Management of work (b) Management of people (c) Management of operations (d) Management of goals Page | 3 8. ___________________ involves a variety of programmes designed to promote and protect a company’s image and its individual products in the eyes of the public. (a) Advertising (b) Personal selling (c) Publicity (d) Public relations 9. Which type of organisational structure will you suggest for a firm which has diversified activities and operations requiring a high degree of specialisation ? ( a) Centralised structure (b) Decentralised Structure (c) Divisional structure (d) Functional structure 10. “Changes or events cannot be eliminated but they can be anticipated and managerial responses to them can be developed.” is suggested by the following importance of planning: (a) Planning facilitates decision making (b) Planning promotes innovative ideas (c) Planning provides direction (d) Planning reduces the risks of uncertainty. 11. “Grouping similar nature jobs into larger units called departments” is the step in the process of one of the functions of management. Identify the function of management. (a) Planning (b) Organising (c) Directing (d) Staffing 12 The Statement “Planning is a primary function”, suggests that…… (a) Planning precedes other functions (b) Planning requires logical and systematic thinking (c) Plan is framed, it is implemented, and is followed by another plan, and so on (d) Planning is required at all levels of management as well as in all departments of the organisation. Page | 4 13 A major decision area under one of the functions of marketing is the decision regarding marketing intermediaries to be used. Name the function. (a) Physical Distribution (b) Gathering and analysing market information (c) Promotion (d)Transportation 14. “The nature of the relationship of our country with foreign countries”, is a major element of which of the following components of the Business Environment? (a) Social Environment (b) Legal Environment (c) Political Environment (d) Economic Environment 15. Which of the following statements is incorrect? (a) Marketing is a social process (b) Focus of the marketing activities is on customer needs (c) Marketing is merely a post production activity. (d) Marketing mix is a wider term than product mix. 16. Planning is closely connected with _____________ and ________________ (a) Responsibility and accountability (b) Delegation and decentralization (c) Stability and security (d) Creativity and innovation 17. _______________ is an important function of marketing which is important not only for protection of the product but also serves as a promotional tool. (a) Grading (b) Labeling (c) Packaging (d) Branding Page | 5 18. As part of regulations to be followed by advertisers, the advertisement for a new brand of baby food for infants provides important information for potential buyers that it is “Not recommended for infants under the age of four months”. Which dimension of the business environment is highlighted in the above statement? (a) Social Environment (b) Legal Environment (c) Political Environment (d) Economic Environment 19. The principle of management given by Fayol which aims at preventing overlapping of activities is: (a) Division of work (b) Unity of Command (c) Unity of Direction (d) Order 20. ___________________ensures that the subordinate performs tasks on behalf of the manager thereby reducing his workload and providing him with more time to concentrate on important matters. (a) Decentralization (b) Delegation of authority (c) Authority (d) Accountability 21. ____________ is a process of classification of products into different groups on the basis of some important characteristics such as quality, size, etc. (a) Standardization (b) Grading (c) Product Development (d) SellingRead More
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