Business Studies class XII Quiz- 18

To ensure that enough funds are available at right time to honour the commitments and to carry out the plans' is discussed in which of the following concepts?

• Capital Structure

• Financial Leverage

• Financial Planning.

• Investment Decision

Read the following statements carefully: Statement-I : The cost of debt is more than the cost of equity. Statement - II: Lenders risk is lower than the equity shareholders risk. In the light of the given statements, choose the correct alternative from the following:

• Both the Statements are true.

• Both the Statements are false.

• Statement I is true, Statement II is false.

• Statement I is false, Statement II is true.

Increase in the profit earned by the equity shareholders due to the presence of fixed financial charges like interest' is called:

• Financial planning

• Dividend decision

• Financing decision

• Trading on equity

Akshara runs a business in the name of 'AK Solutions' in a well reputed area of her city where people provide spaces to students as library, as study centres and as training and event centres to businesses. Akshara provides only conference halls to big and small enterprises for their meetings and events. Suddenly, in July 2024, floods affected some libraries and study centres in her neighbouring area. The exams were fast approaching and students were facing a lot of problems as these study centres and libraries had to be closed. Taking advantage of this opportunity and to help the students 'AK Solutions' adapted itself to the needs of the environment, they decided to convert some of their conference halls into libraries and study centres. They also decided to provide food and other facilities required by the students at subsidized rates. This initiative increased their business manifold and earned them significant goodwill. The feature of management highlighted in the above case is:

• Management is a continuous process.

• Management is an intangible force.

• Management is a dynamic function.

• Management is a group activity.

Match the techniques of scientific management given in Column - I with their meaning given in Column-II:

• (ii) (iii) (i) (iv)

• (i) (iv) (ii) (iii)

• (iv) (i) (iii) (ii)

• (iii) (ii) (iv) (i)

Given below are two statements, Assertion (A) and Reason (R):) Assertion (A): Planning involves looking ahead and preparing for the future. Reason (R): The purpose of planning is to meet future events effectively to the best advantage of an organization. Choose the correct alternative from the alternatives given below:

• 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.

Identify the dimension of business environment illustrated by the given picture:

• Social

• Political

• Technological

• Economics

As per the Consumer Protection Act, 2019 which of the following statement is correct?

• In case the aggrieved party is not satisfied with the order of the District Commission, he can directly appeal before the National Commission.

• In case the aggrieved party is not satisfied with the order of the District Commission, he can directly appeal before the Supreme Court.

• In case the aggrieved party is not satisfied with the order of the State Commission, he can directly appeal before the Supreme Court.

• In case the aggrieved party is not satisfied with the order of the National Commission, he can appeal before the Supreme Court.

The process of organizing allows a business enterprise to accommodate changes in the business environment. It allows the organization structure to be suitably modified to pave the way for a smooth transition. The point of importance of organizing function of management highlighted in the above lines is:

• Benefits of specialization

• Clarity in working relationships

• Optimum utilization of resources

• Adaptation to change

Nimesh was working as a Production Manager in H.L. Ltd., an electrical wire manufacturing company. One of the vendors who was supplying copper to H.L. Ltd. wanted to close down his business within 15 days as he had to go abroad to live with his son. The vendor was selling all his stocks at 60% discount. Nimesh wrote a letter to the General Manager to seek approval for procurement of this material. But due to rigid rules and cumbersome procedures there was delay in getting sanction and order could not be placed.

The type of communication barrier that led to procedural delay was:

• Semantic barrier

• Psychological barrier

• Organizational barrier

• Personal barrier