Time: 3 hrs.

DHARAM PUBLIC SCHOOL, GR. NOIDA HALF YEARLY EXAM, 2012-13 Class XII (SET A) BUSINESS STUDIES

Total Marks: 100

GENERAL INSTRUCTION: I).Answer to questions carrying 1 mark may be from one word to one sentence. ii).Answer to questions carrying 3 marks may be from 50 to 75 words. iii).Answer to questions carrying 4-5 marks may be about 150 words. iv).Answer to questions carrying 6 marks may be about 200 words. 1. Why is selection considered to be a Negative Process? 2. . If right kinds of employees are not available, what will be the consequence? 3. Why is it said that principles of management are universal? 1 1 1

4. . A Company needs a detailed plan for its new project, Construction of a Shopping Mall. What type of plan is it? 1 5. Define Organising. (1)

6The Principles of Management are different from those used in pure science. Write any one difference. (1) 7. What is meant by follow-up action as the step involved in the planning process? 1

8. Is controlling the end of management functions cycle? Give reason in support of your answer. (1) 9Planning eliminates changes/uncertainties. Do you agree? Give reason in support of your answer. (1) 10.A bank customer, who wants to withdraw money from his account should present duly filled withdrawal form or cheque on the counter, get a token and collect cash from cash counter. What type of plan is it? 1

11. Write short note on Management as a Profession.

12. There are different objectives of business and economics objectives are one among them. Explain these economic objectives. (3)

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Mohan and Sohan are friends working in Surya Ltd. as Production and Sales Manager respectively. In an interdepartmental meeting Sohan informed Mohan about a change in the marketing policy of the company. (a) Identify the type of communication used in the above example. (b) Name & explain any one networks of the type of communication identified in part(a). (1+2 = 3) 14 What is meant by Functional organizational structure? State any two advantages of such structures. 3 15. Explain any 3 limitations of planning. (3)

16. Lack of proper management results in wastage of time, money and effort explain the importance of management in the light of this statement. 4

17. Explain the elements of directing function of management.

18. Sushma Ltd; is engaged in the production of marble products. The members of the organization has friendly relations among them. What type of organization exists in Sushma Ltd? Explain any three benefits of developing such organization. 4

19. . Management is a Profession like Accounting, Medicine and Law as it also has a well defined body of knowledge. Yet management does not qualify to be a full fledged profession. Why? (4)

20. What role does technological and legal environment play in business?

21. No enterprise can achieve its objectives without planning. Do you agree with this statement? Give any five reasons in support of your answers.

22. . Explain the following principles of management: (a) Equity. (b) Remuneration of Employees.

(5)

23. What are advantages of budgetary control for a business enterprise? 24. Explain the steps involved in the process controlling function of management.

5 (5)

25. Distinguish between delegation & decentralization of authority on the following bases: 5 (i) Nature (ii) Purpose (iii) Freedom of action (iv) Level of authority (v) Relationship

26. . Explain the process of staffing in an organisation. OR Training is a life long necessity both for the employees as well as for the organisation. Justify the statement by giving three arguments each in favour of the employees and the organisation. (6)

27. Explain various barriers of effective communication. 6 Or Directing is the heart of management process.Do you agree?Give any 5 reasons to support your answers

28. Why are external source of recruitment is better than internal source of recruitment?Explain any 5reasons. Or Explain the steps involved in the process of staffing in an organization. 6 29. What you mean by Centralization. Differentiate between Delegation and Decentralization on the basis of: 1) Nature 2) Freedom of action 3) Purpose 4) Scope 6

Or Differentiate between Authority, Responsibility and Accountability on the basis of: 1) Meaning 2) Delegation 3) Origin 4) Flow

30. In an organization there are many leaders. But a good leader must be a distinguished one. Suggest any four qualities that a good leader must possess. (1x4=6 Marks) OR It is only Motivation through which the managers can inspire their subordinates to give their best to the organisation. In the light of this statement explain any four points of importance of motivation. (6)