CBSE Multiple Choice Type Questions for 12th Class Business Studies PDF formatted study resources are available for free download. These Grade 12 Business Studies CBSE MCQ Mock Test helps you learn & practice the concepts in a fun learning way.
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|Business Environment Quiz Question||Answer|
Integrating domestic economy with world economy is called ________.
|The most important elements in the micro environment of the business are _______.
|Business environment refers to ___________.
||all external factors which have a direct or indirect bearing in the activities of business|
|According to New Industrial Policy (1991)
Which is incorrect?
|In projects where imported capital goods are required, automatic clearance will be given in any cases.|
|As per New Industrial Policy, 1991, the following were referred to Board of Industrial and Financial Reconstruction.
||Sick Public Sector Units|
|Which of the following does not explain the impact of Government policy changes on business and industry?||Change in agricultural prices|
|There is a close and ________ interaction between the business and its environment.||continuous|
|The insecurity about tomorrow's products that haven't even been invented yet, reflects which aspect of the technological environment?||The fast pace of technological change|
|Analyzing process of change in the business environment involves conceptualizing it as ________.||dynamic|
|PESTLE analysis is a useful tool for understanding the 'big picture' of the ________ in which an entrepreneur is planning to operate.||Environment|
|Consumer Protection Quiz Question||Answer|
|The desirable method of consumer protection is ___________.
||Imposition of self regulation and discipline by the manufacturers and traders on themselves|
|Branch office kind of business form _________.||can undertake activity which is, specifically permitted|
|A hire purchaser of the goods __________.||Has an option to return the goods (or) buy it|
|Which of the following statements is true in the context of delivery of wrong quantity?
||Right to rejection of wrong goods is subject to the general rule of law|
|According to the Section 2(7) of the Sale fo Goods Act, 1930, which of the following has not been included in the term of goods ?
||Food served in a hotel|
|The provision for establishment of a 'District Consumer Protection Council' was made by the year _________ .||2002|
|A _______ is generally understood as a person who uses or consumes goods or avails of any service||consumer|
|Consumer protection has a moral justification for business.||True|
|The consumer protection act provides for six consumer rights.||True|
|In addition to rights, a consumer also has some responsibilities.||True|
|Controlling Quiz Question||Answer|
|A holding company is one which controls one or more other companies by means of______________.||Either (A) or (B) or (C)|
|Which of the following defines decision making?
||The process of selecting one action from two or more alternative courses of action|
|The longest path in the network of PERT/CPM is identified as _________ path.||Critical|
|Which of the following is not an advantage of management audit?||It ensures updating of upcoming managerial policies and strategies in the light of environmental changes.|
|Remy wants to separate his property from his neighbor's. He has proposed building a wooden fence on the property line. His neighbor Lucia thinks a wooden fence would be an eyesore. This scenario call for a ____________________ approach.||integrative|
|Which of the following is correct in relation to "overcoming to resistance to change"?||All of above|
|How have electronic data interchange (EDI) systems effected audits?||Auditors often need to plan ahead to capture information about selected transaction over the EDI.|
|Management audit is a technique to keep a check on the performance of ________.||Management of the Company|
|Through job evaluation we can ensure about ___________.||Internal equity|
|The contents of job description includes _________.||All of these above|
|Directing Quiz Question||Answer|
|Mass communication tools available to marketers include ___________.||all the above|
|Transfer from Executive level Ill to VI is a ___________.||upgrading|
|________also known as grapevine.||Informal communication|
|Under the time or day wage system ________.
the worker is paid a certain sum for a fixed period of time
|The end to motivation will be __________.||satisfying wants|
|Motivation is a complex process because __________.||both c & b|
|Promotion of employee morale indicates ________.
||all of the above|
|What is the main advantage of a day wage system?
||It is simple in calculation|
|What does the term upgrading refer to?
||A small scale promotion|
|Which of the following is NOT a barrier to effective communication?||Channel richness|
|Financial Management Quiz Question||Answer|
|The cost of funds raised through debt in the form of_____________.||All of the above.
|Working capital is _______________.||Either (a) or (b)|
|Permanent working capital is the ________________.||minimum amount of current assets which is needed to conduct a business even during the dullest season|
|If on account of inadequacy of profits, a company wants to pay dividends out of previous year's reserves, it has to follow the rules made by||Central Government|
|'Dividend' is defined under the fol1lowing section if Income Tax Act, 196||Section 2(22)|
|More working capital is required during the period of _______.||prosperity|
|Dividend warrants must be posted within ______ days from the date of declaration of dividend.||30|
|Factors determining working capital:||All the above|
|The dividend policy of a company is evolved within the framework of ___________.||All the above|
|Which of the following is not a principle of working capital management?||Principle of liquidity|
|Financial Market Quiz Question||Answer|
|The relationship between the price of a share and the sensex is measurably _____________.||Alfa|
|Capital market means _____________.||Securities Market|
|Sale of securities after the trading hours of the stock exchange is known as _______________.||Kerb dealing|
|Stock exchange deals with the _________________.||Second-hand securities|
|Which of the following objectives states the key role of SEBI in economic development of the country?||Promoting and developing capital market|
|The process by which allocation of funds is done is called ____.||financial intermediation|
|_______ means the admission of securities of a company to trading on a stock exchange.||Listing|
|The process of holding shares in electronic form is known as
|Which of the following participants represent capital market?
||All of the above|
|They can be issued to individuals, corporations and companies during periods of tight liquidity when the deposit growth of banks is slow but the demand for credit is high.
||Certificate of deposit|
|Marketing Quiz Question||Answer|
|Which one of the following is not the mode of Direct Distribution System?||Trading mediators|
|Which of the following is a brand name?||None of the above|
|Secondary package refers to ________________________.
||Additional layers of protection|
|Airtight containers and packets used for chips, biscuits and jams etc., are the example of ______________.||Product Protection|
|Which of the following is a quality of a good salesperson?||All of the above|
|Keeping the view of marketing an organization that enjoys competitive advantage in an industry has done so by ________.||creating superior value for consumers|
|Which of the following statement is not true?||Advertisements are never targeted to improve sales|
|Which one of the following is not a part of 'marketing mix'?||Planning|
|Film production is done by which method of production?||Job method|
|Marketing is a _______ concept than selling||broader|
|Nature And Significance Of Management Quiz Question||Answer|
|The principle of management are significant because of ________.||Optimum Utilization of Resources|
|Which of the following is not a function of management ?||Co-operating|
|Which of the following is not an objective of management?||Policy-making|
|Who coined the word POSDCORB about functions of management?||Luther Gulick|
|The subject matter of personnel management is?||Human being|
|which of the following statement is false?||We can have the same kind of experimentation in management as is possible in natural sciences.|
|Which of the following is exact science?||All of above|
|According to Theo Haimann, a managerial linking process would be ___________.||Coordination|
|Coordination is required because _________.||All of the above|
|Successful coordination of activities results from effectively carrying out the function:||All of the above|
|Organising Quiz Question||Answer|
|Whole Brain Model is given by _________.||Ned Herrmann|
|Which one of the following is not a function of a leader in an organisation?||Fixing the remuneration package of the employees|
|Who has given Personality-job fit theory?||John Holland|
|The design of an organisation that identifies the organisation's hierarchical reporting authority relationship is known as ____________.||Organisational structure|
|An organisation that hires workers without regard to their membership in a labour union known as ____________.||Open shop|
|The subjective factor theory of recruitment refers to ____________.||both (a) and (c)|
|Chi-square distribution is __________.||continuous|
|What are the three factors on which the determination of an individual's behaviour depends?
||Distinctiveness, Consensus, Consistency|
|When an individual displays different behaviours in different situation, it refers ___________ behaviour of an individual.||distinctiveness|
|Who proposed Attribution Theory?||B. Weiner|
|Planning Quiz Question||Answer|
|The conversion of strategic goals into managed executions is called _________.||operational planning|
|Broadly speaking, administration is concerned with ________.||planning and organizing|
|It involves looking ahead and projecting the future course of events ________________.||Forecasting|
|Which one of the following is not a myth about business plans?||Business plans should be concise and well written|
|Out of, the following which are to be considered as a part of seven trends that the organisation will face in next decades as they fight to survive, grow and remain competitive?||All of the above|
|A series of related steps or tasks expressed in a chronological order is called _________.||procedure|
|_______ was defined by Strategic planning.||All of the above|
|Which of the following is the fruitful source for identifying business opportunities?||All of the give option.|
|Collective Bargaining is a ___________.||bipartite process|
|Newmann and summer classified managing process as||Both a & b|
|Principles Of Management Quiz Question||Answer|
|The cost of capital of a firm is _____________________________.||The minimum rate of return it must earn on its investments to keep its investors satisfied.|
|Much of current knowledge of selection techniques, employee training and work design is built on the work of Hugo Munsterberg.
Hugo Munsterberg combined scientific management and industrial psychology in his work.
Which of the statements given above is/are correct?
|Both 1 and 2|
|Which of the following are associated with the Scientific Management Movement?
Time and motion study
Unity of command
Select the correct answer from the codes given below:
|1 and 3|
|The leveraging of a firm's internal resources, capabilities and core competencies accomplish the firm's goals in a competitive environment is known as ___________.||strategic intent|
|One of the following is a training, provided to enhance decision making skills __________.||Behavioural modelling|
|The quality of information is measured by its ___________.
|he process through which someone becomes aware of personal skills, interest, knowledge, motivations; acquires information about opportunities; identifies career goals; and establishes action plans to attain those goals is called _____________.||Career management|
|The process by which an organisation tries to determine what needs to be done to achieve corporate objectives and how these objectives are to be met is known as _______________.||strategic management|
|The principles of right and wrong that are accepted by an individual or organization are what comprise ____________________.||Value System|
|Who is popularly known as the father of 'scientific management'?||Frederick Taylor|
|Staffing Quiz Question||Answer|
|BARS is combination of ________.||critical incident technique and rating scale|
|Job posting is __________ .||an internal method of recruitment|
|Who said ''Recruitment is the process of searching for prospective employees and stimulating them to apply for jobs in organisation''?||Edwin B. Flippo|
|Job posting is ________ .||a method of recruitment|
|Which is a component of work design?||Both (a) and (b)|
|Group of people who take on responsibilities of their former supervisors, is termed as __________.
||Self-managed work teams|
|Who is responsible for recruitment procedure?||Line Official|
|Which is one of the key component of team effectiveness?||Work design|
|The basic assumption made for using _______________ is that employees are distinguishable as outstanding, above average, average, below average and poor; and their number conforms to a normal frequency distribution e.g. 10% each in the highest and lowest categories, 20% each in the above average and below average categories, and 40% in the average category.||forced distribution method|
|Importance of personnel is in||Both a & b|
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