KVVS VIDYAPEETH

HALF YEARLY EXAMINATION

2024-25
BUSSINESS STUDIES

CLASS XII Time Allotted:2.5hours

13-SEP-2024 Max Marks: 70

General Instructions:

1.All questions are compulsory.

2.Please write question number before attempting a question.

3.Attempt all parts of a question at one place

1.Twitter plans to Lay off 4 0,000 employees in a move aimed at driving cost efficiency which
objective of management will the firm not be able to achieve by carryin g out this process?

(a) Profit

(b) Survival

(c) Efciency

(d) Social 1

2. Employees, which level of management makes sure right number of workers are there and
they are having good working conditions?

(a) Top level

(b) Middle level

(c) Supervisory level

(d) None of the above 1

3. Management has to see that tasks are completed and goals are achieved with the least amount

of resources at a minimum cost." ldentify the two related concepts of management.

(a) Coordination and efficien cy

(b) Efficiency and effectiveness

(c) Planning and effectiveness

(d) Management and administration 1

4. Which degree is essential to become a manager?

(a) B.Com
(b)M.Com.
(d) None of these

(c) M.B.A. 1

5. "What distinguishese successful manager from a less successful one is the ability to put the
principles into practice." Which aspect of the nature of management is highlighted in the
above statement?

(a) Management as a science

(b) Management as an art
(c) Management as a profession

(d) Management is an intangible force 1

6.'Ms J.K.Computers' is a small organisation engaged in assembling of computers.
In this organisation, decision making rests with top management while the
middle level is involved in only the implementation of plans. On the other hand,
Progressive Computers Ltd.' is large company where a number of people from
each level are involved in the decision-making process.
The application of the principle of 'Centralisation and Decentralisation' is different
in the two organisations as the situation in each enterprise is not same.
From the following identify the nature of principles of management:
(a) Mainly Behavioural
(b) Contingent
(c) Flexible

(d )Universal 1
7."Management principles help in thoughtful decision making They emphasise
logic rather than blind faith'. This statement describes the following point of
significance of Principles of Management:
(a) Fulfiling social responsibility
(b) Scientific decision
(C) Meeting changing environment requirements

(d) Optimum utilisation of resources and effective administration 1

8.Panchayats in our country have been given more powers to decide and spend
funds granted to them by the government for welfare of villages", Identify the
principle of management highlighted in the statement:
(a) Equity
(b )Centralisation and decentralisation
(c) Authority and responsibility
(d )Esprit De Corps 1

9.The CEO of Radhe Cycles pvt Ltd. Mr. Kumar wants to get maximum output
from the employees at a competitive cost. On the other hand Ramakaant, an
employee of the company wants to get the maximum salary while working the
least. The Principle of management given by Fayol being violated by Ramakaant
is.
(a) Remuneration
(b) Equity
(c) Discipline

(d) Subordination of individual interest to general interest 1

10. Name the principle of management given by Fayol which when applied would mean that
the workers and management both honour their commitments without any prejudice towards
one another.
(a) Discipline
(b) Mental Revolution
(c) Remuneration of employees

(d) Scalar chain 1

11.Unique Ltd. is an electronic goods manufacturing company situated in Uttar
Pradesh. It is earning low revenue in comparison to another electronic company
"Pace Ltd.' situated in Delhi. Both the enterprises are affected by the investors,
customers, competitors and suppliers in their respective locations. At the Same
time, both are also affected by economic condition, change in technology, etc.
Identify the features of business environment discussed in above paragraph:
(a) Relativity and complex (b) Complex and all external forces

(c) Specific, general and dynamic (d) Relativity and specific and general 1
12.These days consumers are making eco-friendly and healthy choices and are
saying no to all things made of plastic and replacing it with stainless steel and
ceramic containers, thus forcing business to change as well.
ldentify the feature of business environment highlighted above:
(a) Totality of external sources
(b) Specific and general forces
(c) Inter-relatedness

(d) Dynamic nature 1

13. "The nature of the relationship of our country with foreign countries", is a major
element of which of the following components of the Business Environment?
(a) Social Environment
(b) Legal'Environment
(c) Political Environment

(d) Economic Environment 1

14. As part of regulations to be followed by advertisers, the advertisement for a new
brand of baby food for infants provides important information for potential buyers
that it is "Not recommended for infants under the age of four months'". Which
dimension of the business environment is highlighted in the above statement?
(a) Social Environment
(b) Legal Environment
(c) Political Environment

(d) Economic Environment 1

15. The sum total of all individuals, institutions and other forces that are outside the
control of a business enterprise but that may affect its performance is known as..............
(a) Business environment (b) Social environment

(c) Political environment (d) Economic environment 1

16. What is meant by management? 2

17. List any two indicators of growth of an organisation. 2

18. Name the principle that is an extension of the 'harmony, not discord'. 2

19.What is determined by 'Time-Study'? 2

20.What is meant by Bussiness environment? 2

21.Explain any four features of business environment. 5

OR
Explain any four features of ' demonetization'

22. What is meant by principle of management? State any three points of their importance. 5

23. Explain the following principles of management: 5

(I) Scalar chain (II) Harmony, not discord

24. 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? 5

25. Mega Ltd. was manufacturing water-heaters. Iin the first year of its operations, the
revenueearned by the company was just suffcient to meet its costs. To increase the revenue,
thecompany analysed the reasons of less revenues. After analysis the company decided:

(i) To reduce the labour cost by shifting the manufacturing unit to a backward area where
labour was available at a very low rate.
(ii) to start manufacturing solar water-heaters and reduce the production of electric water.
heaters slowly. This will not only help in covering the risks, but also help in meeting other

objectives too. 5
Identify and explain the objectives of management discussed above.

26.(i) Ashita and Lakshita are employees working in Dazzing enterprises dealing in costume
jewellery. The firm secured an urgent order for 1,000 bracelets that were to be delivered within
4 days. They were assigned the responsibility of producing 500 bracelets each at a cost of ₹100
per bracelet. Ashita was able to produce the required number within the stipulated time at the
cost of ₹55,000 whereas, Lakshita was able to produce only 450 units at cost of ₹90 per unit.
State whether Ashita and Lakshita are efficient and effective
Give reasons to justify your answer.

(ii) Ashutosh works as Finance dept. head in electronics company. Aithough over the years.
Withexperience he has been able to build upon his managerial skils in terms of creativity but
stillhe feels the knowledge of certain theories and principles of management is must for every
manager. This is because these principles are developed through observations and tested
through experimentations and helps the mana gers is taking scientific decisions. Thus a
manager require both the knowledge and creative skill to apply that knowledge in this
personalised way to be successful in his work
In the context of above case.
(a) identify and explain the two aspects of nature of management which Ashutosh thinks
makes a manages successful.

(b) Explain the features of both the aspects. 10

27.
(i) Nowadays in schools, students or parents can file their complaints or requests to the
respective class teachers and if needed class teacher may discuss the issue with head of
department followed by Vice-Principal and if the issue is extremely serious it may be taken to
the Principal.
Which principle of management is indicated here? Explain it with its exception .
(ii) Alpha Ltd. was engaged in business of garment manufacturing and seling its products under
a popular brand. The demand for their product was increasing, in order to keep the market
share in short run, the company directed its existing workforce to work overtime but this
resulited in many problems. Due to increase pressure of work the efficiency of workers decined.
Sometimes workers worked under more than one superior. The departments which were
producing one product were asked to produce more than one type of products. This resulited in
lot of overlapping and wastage. The workers were becoming indisciplined. The spirit of team
was also reducing. Workers were feeling cheated and their morale was declining The quality of
garments started declining and market share decreased. Based on this case answer the
following question:

ldentify which principles of Henry Fayol were violated in above case. 10