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WorksheetsBusiness studies Class XII Quiz-4
Total questions: 20
Worksheet time: 10mins
When does the Earning Per Share (EPS) of the company rise with higher debt?
When the rate of return on investment is lower than the rate of interest.
When the rate of interest is more than the rate of return
When the rate of return on investment is higher than the rate of interest.
None of the above
Select the process that enables the management to foresee the fund requirements.
Financial decision
Dividend decision
Financial planning
Financial management
Which of the following is incorrect with regard to the National Commission?
A complaint can be made to the National Commission when compensation exceeds ` 1 crore.
The members are appointed by central government.
Where the aggrieved party directly approaches National Commission, the case can be taken to the Supreme Court of India.
None of the above
Control is_______.
backward looking
forward as well as backward looking
forward looking
None of the above
All other managerial functions are performed within the framework of the plans drawn. Identify the related feature of planning.
Planning is futuristic
Planning is pervasive
Planning is primary function of management
Planning focuses on. achieving objectives
If a manager wants to introduce new accounting system, then there may be initial resistance from
accounting staff. But, if manager explains the purpose, provides training and motivates them with
incentive, the staff may cooperate with manager. Which importance of directing is highlighted here?
Provides stability
Facilitates change
Means of motivation
Initiate action
The working capital of a company is calculated by
Quick Assets – Quick Liability
Current Assets – Current Liability
Current Liabilities – Current Assets
Current Assets/Current Liabilities
For the purpose of selecting employees for the post of ‘sales executives’ for its retail outlets, Reliance Fresh conducted a recruitment programme at Delhi University. Considering the vast number of job seekers, group discussions were conducted and the candidates who were selected had to face interviews and then they were offered job if they passed such interviews. Such programmes are often known as
campus selection
direct recruitment
advertisement
campus recruitment
Which principle of scientific management discards the old approach of rule of thumb?
Cooperation, not individualism
Science, not rule of thumb
Harmony, not discord
None of the above
Denial has joined as a Creative Head in an entertainment company. He always ensures that the work has been divided into small and manageable activities and also the activities of similar nature are grouped together. Identify the related step in organising process being mentioned in the above lines.
Assignment of duties
Establishing reporting relationships
Identification and division of work
Departmentalisation
Assertion (A) Communication acts as a basis of coordination.
Reason (R) We must always clarify the idea before communication.
Alternatives
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
Wellness Health Care Limited, established with the objective of taking care of the people’s health. This was the first company of this type established in its field. There being no competition in the market was something good for the company. But when the company’s business was about to pick up, several competing companies got established in that field.Consequently, the comfortable position ofthe company came to an end. Hardly two years had gone since the company was established, when there occurred a big change in the priorities of the customers. Now they got tempted towards the local health promoting products instead of the company’s products. In this way, the company had to face great difficulties to keep itself established in the market. Which feature of business environment does the above event acquaint us with?
Totality of external forces
Specific and general forces
Dynamic nature
Inter-relatedness
Arrange the correct sequence of planning process in an order
(i) Develop a strategic plan
(ii) Execute and manage your plan
(iii) Determine strategic position
(iv) Prioritise objectives
(v) Review and revise the plan.
(iii), (i), (iv), (ii), (v)
(iii), (iv), (i), (ii), (v)
(i), (ii), (iv), (iii), (v)
(i), (ii), (iii), (iv), (v)
Which of the following statements is incorrect about the Securities Exchange Board of India (SEBI)?
It is established in 1992.
It is a non-statutory body.
It is established to protect the right of Investors.
None of the above
In which of the following aspects, money market is different from capital market?
Tenure of securities traded
Liquidity of securities traded
Participants
All of the above
Nancy Electrical Company is involved in manufacturing of remotes of AC. Company usually manufactures 1,000 remotes per day. The efforts of all departments are coordinated and interlinked and authority-responsibility relationship is established among various job positions In this company, jobs o similar nature are grouped together and these jobs, as separate departments, are organised properly. This leads to creation of particular type of organisational structure. Company follows decentralisation, i.e. selective dispersal of authority. Managers working at various levels are allowed to take their own decisions and they are personally accountable for their decisions. Which function of management is highlighted in the lines, “The efforts of all departments are coordinated and interlinked and authority-responsibility relationship is established among various job positions”?
Controlling
Organising
Planning
Coordination
Analyse the picture of a factory in which the owner is giving bonus to his worker for making profit due to high production. Demonstrate the principle of Taylor.
Harmony, not discord
Efficiency and prosperity
Science, not rule of thumb
Cooperation, not individualism
Match the following on the basis utility marketed.
A-(iii), B-(ii), C-(i)
A-(i), B-(iii), C-(ii)
A-(i), B-(ii), C-(iii)
A-(ii), B-(iii), C-(i)
Statement I The management’s most difficult task is planning because it guides all subsequent actions.
Statement II Sometimes the cost incurred for planning may not be justified by the benefits obtained from the plans. Choose the correct option from the options given below:
Statement I is true and Statement II is false
Statement II is true and Statement I is false
Both the statements are true
Both the statements are false
Statement I : Selling true focuses on customer satisfaction.
Statement II : Packaging and labelling are same or synonyms of each other.
Statement I is true and Statement II is false
Statement II is true and Statement I is false
Both the statements are true
Both the statements are false
