Business studies class XII Quiz-10

Assertion (A): Economic uncertainty, low brand lovalty, and market division are just few symbols that can be defined as business environment.

Reason (R): Business Environment is getting dynamic when change are taking place at slow pace.

• Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)

• Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A).

• Assertion (A) is true but Reason (R) is false.

• Assertion (A) is false but Reason (R) is true.

Narayan joined an entertainment company Avtaar, as a creative head. As a manager looking after the creative unit of the company, one of the functions he has to perform is the process of organising. Which step of the process will he need to perform after identifying and dividing the work that has to be done in accordance with previously determined plans?

• Identification and division of work

• Departmentalisation

• Assignment of duties

• Establishing reporting relationships

Fashion House, a company with several branches all over the country, needs a team of designers. Similarly, another company Heavy Tools Ltd., requires mechanical engineers with knowledge of the latest technology to develop heavy machinery tools.

Identify the function of management that is needed to satisfy the need of the above companies.

• organising

• directing

• staffing

• controlling

match the following

• 1-iii, 2-i, 3-ii

• 1-ii, 2-ii, 3-i

• 1-i, 2-ii, 3-ii

• 1-ii, 2-i,3-iii

Identify the type of communication demonstrated by the cartoon

• Formal communication

• Informal communication

• Written communication

• None of the above

Super Fine Rice Ltd. has the largest share of 55% in the market. The company's policy is to sell only for cash. In 2015, for the first time company's number one position in the industry has been threatened because other companies started selling rice on credit also. But the managers of Super Fine Rice Ltd. continued to rely on its previously tried and tested successful plans which didn't work because the environment is not static. This led to decline in sales of Super Fine Rice Ltd.

The above situation is indicating two ''limitations of planning'' which led to decline in it sales. Identify them.

• Planning creates rigidity

• Planning reduces creativity

• Planning involves huge costs

• Planning does not guarantee success

The chief requirement of leadership is having followers. One cannot think of leadership without followers. Followers and leader are the two sides of the same coin where one without another is meaningless. Therefore, leadership indicates the interpersonal relationship between the leader and followers.

ldentify, which amongst the following features of leadership has been highlighted in the above statement.

• Leadership is a process of influencing others.

• It is behaviour changing process

• It is a process of establishing interpersonal relationships.

• It is a continuous process.

Statement 1: Communication is transfer of information and understanding from the sender to the receiver.

Statement 2: Premature evaluation and poor retention are psychological barriers.

• Statement 1 is correct and statement 2 is not correct.

• Statement 2 is correct and statement 1 is not correct.

• Both the statements 1 and 2 are correct.

• Both the statements 1 and2 are not correct.

Sender > Message > Encoding > (a)   > decoding > receiver > feedback

Abraham Maslow propounded the Need Hierarchy theory of motivation in the year.........................

• 1943

• 1843

• 1945

• 1930