FellowBuddy.com is an innovative platform that brings students together to share notes, exam papers, study guides, project reports and presentation for upcoming exams. We connect Students who have an understanding of course material with Students who need help. Benefits:- # Students can catch up on notes they missed because of an absence. # Underachievers can find peer developed notes that break down lecture and study material in a way that they can understand # Students can earn better grades, save time and study effectively Our Vision & Mission – Simplifying Students Life Our Belief – “The great breakthrough in your life comes when you realize it, that you can learn anything you need to learn; to accomplish any goal that you have set for yourself. This means there are no limits on what you can be, have or do.” Like Us - https://www.facebook.com/FellowBuddycom

1. Q.
BUSINESS STUDIES Class – XII (2012-13)
Max. Marks - 90 Practice Paper -3 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.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
"Staffing makes for higher performance by putting right person on the
right job". Is this statement True or False?
Directing facilitates introduction of needed changes in the organisation.
Give one example to support this statement.
It is defined as a process of influencing other people to work willingly for
group objectives. Mention this element of directing.
Controlling should not be misunderstood as the last function of
management. Why?
Give one importance of finance planning.
Typically, financial planning is done for three to five years. Why not for
long periods?
It is an institution which provides a platform for buying and selling of
existing securities. Mention it.
What is the basic purpose of SEBI ?
It has been defined as the art and science of choosing target markets
and getting, keeping and growing customers through creating, delivering
and communicating superior customer values of management. Mention
the concept defined here.
How does grading of goods ensure the buyers?
Business firms should aim at long-term profit maximisation through
customer satisfaction. Why?
Which kind of appeals can be taken to the Supreme Court?
Explain the principles of 'discipline' and 'Esprit de Corps'.
What does mental revolution imply in scientific management?
Explain 'Method' and 'Rule' as types of plans.
'Planning is beneficial to all'. Explain in brief the benefits of planning
function of management.
Explain the role of marketing in a firm.
1
1
1
1
1
1
1
1
1
1
1
1
3
3
3
3
3

2. 18.
19.
20
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
'Determination of the price of a product' is influenced by many factors.
Explain any three factors that have an influence on price.
Distinguish between functional structure and divisional structure.
Briefly explain the elements of delegation of authority.
*Financial planning is essentially preparation of a financial blue print of an
organiation's future operations.
The objective of financial planning is to ensure that enough funds are
available at right time.Financial planning is an important part of overall
planning of any business enterprise. Charvi & Company is known for its
financial planning. How financial planning contributes values to the
system?
Explain the following rights of a consumer:
(i) Right to choose (ii) Right to seek redressal
"Management is regarded as fully-developed profession." Do you
agree? Give reasons.
What is meant by 'political environment' of business ?
State any four reasons why training is needed in any organisation?
'Controlling is a systematic process involving a series of steps.' Explain.
"Every action in the organisation is initiated through directing." Explain any
four points of importance of directing in the light of this statement.
Or
"Supervision is an important element of directing function." Explain any four
reasons in support of the above statement.
The directors of a company, of which you are the finance manager, have to
design the capital structure for the company and have asked you about the
factors that affect the capital structure of a company. Give your view points
with reasons.
Or
Explain the factors affecting the dividend policy ofa company.
Explain the concept of Call Money and Certificate of Deposit.
Or
Distinguish between 'Capital Market' and 'Money Market' on the basis of:
(i) Expected return (ii) Safety
(iii) Instruments (iv) Liquidity
Name the element of marketing-mix in which a set of firms and individuals
creates possession, place and time utility and helps in market offering. Also
explain any five important functions performed by this element.
Or
Identify and explain the promotional tool of marketing-mix which plays a
persuasive, service and informative role and thereby links a business firm to
its customers. Also explain by giving any four reasons how this tool helps in
increasing the sales of businessmen
3
4
4
4
4
5
5
5
5
6
6
6
6