PRE - BOARD EXAMINATION SUBJECT- BUSINESS STUDIES(054) CLASS-XII TIME- 3 HRS FM-80 General Instruction:1) Answers to question carrying 1 mark may be from word to one sentence. 2) Answers to question carrying 3 marks may be from 50 to 75 words. 3) Answers to question carrying 4-5 marks may be about 150 words. 4) Answers to question carrying 6 marks may be about 200 words. 5) Attempt all parts of a question together. Q1. Name the process of identifying and choosing the best person out of a pool of prospective candidates for a job. (1) Q2. What is meant by leadership? (1) Q3. Is controlling ' the end' of management functions cycle? Give reason in support of your answer. (1) Q4. How does directing guide employees to fully release their potential and capabilities. (1) Q5. What is the maturity period of a Treasury Bill? (1) Q6. "Both debt and equity have equal amount of risk." Do you agree? Comment. (1) Q7. "Buy 3 get 1 free offer". Name the sales promotion technique. (1) Q8. Which consumer right is highlighted in the publicity for “Jago Grahak Jago" and "Apne Adhikar". (1) Q9. State and explain any three points which highlight the nature of Principles of Management. (3) Q10. Differentiate between 'Method' and 'Budget' as types of plans. (3) Q11. Explain "casual callers", "labour contractors" and "web publishing" as external sources of recruitment. (3) Q12. How are the shareholders of a company likely to gain with debt component in the capital employed? Explain with the help of example. (3) Q13. Amar is engaged in manufacturing of refrigerators. He surveyed the market and found that customers need a refrigerator with a separate provision of water cooler in it. He decided and launched the same refrigerator in the market. Identify and explain the market Philosophy involved. (3) Q14. Ritu is the manager of the Northern division of a large Corporate house. At what level does she work in the organisation? What are her basic functions. (4) Q15. (a) What is meant by "Business Environment"? Explain " Dynamic Nature" and "Uncertainty" as features of Business Environment. (b) An industrial unit, working in a backward area opens school for education for the children of its employees. Which dimension is highlighted here? Which value is being promoted here? (4) Q16. "There is a reciprocal relationship between planning and controlling." Explain the statement. (4) Q17. With the help of suitable examples, bring out any four difference between Training and Development. (4) Q18. Explain any four objectives of SEBI? Why was the Securities and Exchange Board of India (SEBI) set up? (4) Q19. "An important task in the marketing of goods relates to designing the label as it provides useful and detailed information about the product." In the light of the above statement draw a label for 'Tea ' and highlight the important information to be provided on it. (4) Q20. (a) Mr. Nitin Singhania's father has a good business of Iron and Steel. He wants to go to USA for his MBA, but his father wants that he should join the business. On the basis of emerging trends, do you think that Mr. Singhania should send his son to USA? Give any three reasons in support of your answer. (b) An industrial unit working in a backward area open school for education at nominal cost for the children of its employees and local people. (i)Identify the objective depicted in the given case. (ii) Highlight the value which the company desires to emphasize through this activity. (3+2=5) Q21. "Delegation is the entrustment of responsibility and authority to another and the creation of accountability for performance." In the light of this statement identify and explain the essential elements of delegations. (5) Q22. Giving the meaning of 'Communication', explain any four Semantic barriers to communications. (5) Q23. A company is manufacturing televisions, refrigerators , airconditioners, washing machines and gas stoves giving different productive resources and is at the threshold of growth, requiring more employees. Suggest a suitable organisational structure for this company giving reason in support of your answer. Also explain three advantages and two limitations of this structure of organising. or Explain the steps involved in the process of Planning. (6) Q24. Explain the following Money market Instrument:(a) Call money (b) Treasury Bill (c) Commercial paper (d) Certificate of deposit or What is meant by "capital structure"? State any four factors affecting the choice of capital structure. (6) Q25. Reena purchased one litre of pure Desi Ghee from a shopkeeper. After using it, she had a doubt that it is adulterated. She sent it for a laboratory test which confirmed that Ghee is adulterated. State any six reliefs available to Reena , if she complaints and the consumer court is satisfied about the genuineness of the complaint. or Explain the following rights of a consumer to safeguard his interest. (i) Right to be informed (ii) Right to consumer education (iii) Right to safety. (6) ------------x------------