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Measures of Central Tendency: Mean, Median and Mode
Business Studies Practice Paper 1
1. Q.
BUSINESS STUDIES Class – XII (2012-13)
Max. Marks - 90 Practice Paper -1 Time - 3 Hrs.
General Instructions: -
1. Answers to questions carrying 1 mark may be from one word to one sentence.
2. Answer to questions carrying 3 marks may be from 50 to 75 words.
3. Answer to questions carrying 4-5 marks may be about 150 words
4. Answer to questions carrying 6 marks may be about 200 words.
5. Attempt all parts of a question together.
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What does placement refer to?
Define the term 'leadership'.
It refers to the way in which urges, drives, desires, aspirations,
strivings or needs direct control and explain the behavior of human
beings. Which element of directing is indicated here?
Name the step in the process of control which will come after ‘establishment
of standards’ and 'measurement of performance'.
What is the primary aim of financial management?
How does choice of technique affect the requirement of fixed capital?
It refers to allotment of securities by a company to institutional investors and
to some selected individuals. Name it.
Mention anyone function of financial market.
Philip Kotler has defined it as, 'a social process by which individual
groups obtain what they need and want through creating offerings and
freely exchanging products and services of value with others'.
Mention the process indicated here.
How do customer support services as a marketing function prove effective?
Ahmed wants to buy an iron. As an aware customer how can he be sure
about the quality of iron?
If R.N. Vijay is not satisfied with the order of the District Forum, where can
he appeal?
State any three reasons as to why proper understanding of management
principles is necessary.
Illustrate the principle of initiative through a suitable example.
Explain briefly with the help of an example, how planning provides the basis
for control.
Explain any two limitations of planning.
Explain in brief any three functions of 'Labeling'.
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Explain briefly the qualities of a good salesman.
Interaction among people at work gives rise to a 'network of social
relationships among employees' called the informal organisation. It
originates from within the formal organisation. This type of organisation is
very influential in XYZ Company. What values are achieved through
informal organisation?
What are the steps in the process of organising ?
Explain the term 'Financial Management'. Briefly explain any three of its
objectives.
Explain the following as ways and means of consumer protection:
(i) Consumer awareness (ii) Government
What are the objectives of 'management'? Explain briefly.
What is meant by 'social environment' of business ?
'Internal sources of recruitment are better than external sources of
recruitment.' Do you agree with this statement? Give any five reasons
in support of your answer.
'Control is considered important for many reasons.' Explain any five
such reasons.
Explain any four non-financial incentives.
Or
Explain any four psychological barriers of communication.
What is meant by 'financial management' ? Explain any three
decisions involved in financial management.
Or
Explain the meaning of Fixed Capital. Briefly explain any four factors that
determine the fixed capital of a company.
"In today's commercial world, the stock exchange performs many vital
functions." Do you agree? Give
any four reasons in support of your answer.
Or
Distinguish between capital markets and money markets on any four
basis.
What are the characteristics of a good brand name? Explain.
Or
Explain the following sales promotion activities:
(I) Discount
(iii) Financing
(ii) Product combination
(iv) Lucky draw
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