Class 12 Business Studies Worksheets, Important Questions chapter wise
BUSINESS STUDIES SAMPLE PAPERS
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WORKSHEET:1
CHAPTER: NATURE AND SIGNIFICANCE OF MANAGEMENT
Question 1. Which is
not a function of management of the following?
(a) Planning
(b) Staffing
(c) Co-operating
(d) Controlling
(a) Planning
(b) Staffing
(c) Co-operating
(d) Controlling
Question
2. Management
(a)an art (b) a science
(c) Both art and science
(d) Neither
(c) Both art and science
(d) Neither
Question 3 How does coordination integrate group efforts? State briefly.
Question
4. Policy formulation is the function of
(a) top level managers
(b) middle level managers
(c) operational management
(d) All of these
(b) middle level managers
(c) operational management
(d) All of these
Question
5. Co-ordination is
(a) function of
management
(b) the essence of management
(c) an objective of management
(d) None of these
(b) the essence of management
(c) an objective of management
(d) None of these
Question 6. Define
management.
Question 7. Name any
two important characteristics of management.
Question 8 ‘Management provides judgement
and vision.’ Explain.
Question 9. 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?
Question 10. Why is
management considered a multi-faceted concept?
Question 11. Discuss
the basic features of management as a profession.
Question 12. Management
is considered to be both an art and science. Explain.
Question13. Do you think
management has the characteristics of a full fledged profession?
Question
14. Co-ordination is
the essence of management. Do you agree? Give reasons.
Question
15. “A successful
enterprise has to achieve its goals effectively and efficiently:’ Explain.
Question 16. Management is a series of continuous
inter-related functions. Comment.
Question 17.Explain the features of management that do not
establish it as a profession.
Case
Problems
Question 1. Company X is facing a lot of problems these days. It manufactures
white goods like washing machines, micro-waves, refrigerators and air
conditioners. The company’s margins are under pressure and the profits and
market share are declining. The production department blames marketing for not
meeting sales targets and marketing blames production department for producing
goods, which are not of good quality meeting customers expectations. The
finance department blames both production and marketing for declining
return on investment and bad marketing.
Question
: What quality of
management do you think the company is lacking? Explain briefly. What steps
should the company management take to bring the company back on track?
Question : What decisions/steps should each
level of management take to give effect to this decision?
Question 2:
kiran Enterprises decides to have a meeting of all the key employees of different departments in the organisation. The main motive is to tell the employees to keep the target of 20% increase in sales as the main objective when they work throughout the year. The meeting is full of ideas regarding the employees and processes involved. Various plans are made to harness the potential of the employees and streamline the processes. However with the passage of a few days the external business environment checks the capability of the organisation to adapt to the situations. The company successfully comes out at the end of the year with flying colours.
What are the various characteristics of management you can find highlighted here? Also identify the lines in which these characteristics have been highlighted.
kiran Enterprises decides to have a meeting of all the key employees of different departments in the organisation. The main motive is to tell the employees to keep the target of 20% increase in sales as the main objective when they work throughout the year. The meeting is full of ideas regarding the employees and processes involved. Various plans are made to harness the potential of the employees and streamline the processes. However with the passage of a few days the external business environment checks the capability of the organisation to adapt to the situations. The company successfully comes out at the end of the year with flying colours.
What are the various characteristics of management you can find highlighted here? Also identify the lines in which these characteristics have been highlighted.
Question 3:
XYZ Ltd. is a management oriented company. Time and again all the employees learn from their seniors various ways of dealing with diverse situations. They are provided training whenever required. They are also given incentives both financial as well as non financial. The result is employees see their development in the organisation. The organisation tries to behave as a responsible constituent of society and ahvays creates good quality products. It has a very good image in the market. The training modules are superb and the employees always try to find unique ways of providing solutions in the context of rapidly changing business environment. This has helped the organisation to adjust frequently in a very good manner.
Which importance of management is highlighted here? Also identify the lines.
XYZ Ltd. is a management oriented company. Time and again all the employees learn from their seniors various ways of dealing with diverse situations. They are provided training whenever required. They are also given incentives both financial as well as non financial. The result is employees see their development in the organisation. The organisation tries to behave as a responsible constituent of society and ahvays creates good quality products. It has a very good image in the market. The training modules are superb and the employees always try to find unique ways of providing solutions in the context of rapidly changing business environment. This has helped the organisation to adjust frequently in a very good manner.
Which importance of management is highlighted here? Also identify the lines.
Question 4:
Panwar Inc. is a company which deals with providing car service at home and on road. There are different departments in this company like Human Resources, Marketing, Finance, Research & Development and Operations. The top management of the company tries its level best to synchronize the activities of different departments in the best possible manner. The result is the increased efficiency and attainment of goals. However with the passing of time the size of the company has grown and now there are many branches of this company. The synchronization has turned more important with the increase in the size of the company and the number of employees. The Departmental Heads cf the company are specialists in their respective areas and the top management tries to work with them not with authority but by respecting their views on the subject. Their ego clashes are avoided to ensure smooth functioning of the organisation.
Identify the concept of management highlighted above. Write two benefits highlighted in the above paragraph of this concept.
Panwar Inc. is a company which deals with providing car service at home and on road. There are different departments in this company like Human Resources, Marketing, Finance, Research & Development and Operations. The top management of the company tries its level best to synchronize the activities of different departments in the best possible manner. The result is the increased efficiency and attainment of goals. However with the passing of time the size of the company has grown and now there are many branches of this company. The synchronization has turned more important with the increase in the size of the company and the number of employees. The Departmental Heads cf the company are specialists in their respective areas and the top management tries to work with them not with authority but by respecting their views on the subject. Their ego clashes are avoided to ensure smooth functioning of the organisation.
Identify the concept of management highlighted above. Write two benefits highlighted in the above paragraph of this concept.
Question 5:
SHARUKH KHAN Inc. decided to go for perfect coordination in the various aspects of the company. They focus on synchronization of all the activities of the organisation. For this they know coordination will be the key. At the stage of thinking of what is to be done throughout the year they decide to take into consideration the harmony between the goals of the organisation and those of the individual departments. When they hire employees they pay them only after evaluating their worth in terms of how efficient they are. Finally when the last month of production comes they, time and again check the deviation between the set targets and the actual production done.
SHARUKH KHAN Inc. decided to go for perfect coordination in the various aspects of the company. They focus on synchronization of all the activities of the organisation. For this they know coordination will be the key. At the stage of thinking of what is to be done throughout the year they decide to take into consideration the harmony between the goals of the organisation and those of the individual departments. When they hire employees they pay them only after evaluating their worth in terms of how efficient they are. Finally when the last month of production comes they, time and again check the deviation between the set targets and the actual production done.
In
the above paragraph the main focus is on coordination. However various
functions of management also come into picture. You have to identify the three
functions of management highlighted above in which coordination can be seen.
Question 6:
BENGALI Ltd. believes in coordination among departments and activities. The company relies heavily on professional coordination. For this the company takes steps throughout the year. Coordination is kept in mind by all the managers regardless of the level they are working at. Throughout the year the various activities are synchronized without failure. Every department ensures that within it every employee and operation is guided by the theme of proper coordination. Whenever an employee takes an action he consults others, whenever needed, thus properly contributing to his team. The process of coordination is just not limited to the employees. Even at the departmental level the various departments use this binding force to create perfect harmony among them so that the organisational goals can be fulfilled. All the coordination that occurs in the organisation is a result of proper training and premeditated attempts by the company to get the best results possible. .
The above case represents all the characteristics of coordination. Identify the lines which represent them and also name the characteristics.
BENGALI Ltd. believes in coordination among departments and activities. The company relies heavily on professional coordination. For this the company takes steps throughout the year. Coordination is kept in mind by all the managers regardless of the level they are working at. Throughout the year the various activities are synchronized without failure. Every department ensures that within it every employee and operation is guided by the theme of proper coordination. Whenever an employee takes an action he consults others, whenever needed, thus properly contributing to his team. The process of coordination is just not limited to the employees. Even at the departmental level the various departments use this binding force to create perfect harmony among them so that the organisational goals can be fulfilled. All the coordination that occurs in the organisation is a result of proper training and premeditated attempts by the company to get the best results possible. .
The above case represents all the characteristics of coordination. Identify the lines which represent them and also name the characteristics.
Question 7:
Dheeraj, Neeraj and Suraj are three friends. They work in the same company. They are managers but they belong to three different levels of management. Every day they meet and discuss their work with each other. One day they were having a conversation.
Dheeraj said, “These days I am having a lot of problems motivating the people at Shop Floor. I have decided to purchase two new machines. I know I will have to set an example by being the best leader.”
Neeraj said, “I am having problem with knowing the exact requirement of people in my department. Different polices have to be informed to the employees so that they become aware of our company’s goals. I also have to coordinate with other departmental heads to know their requirements.”
Suraj said, “I have to decide for long term. I know I will be ultimately responsible for every activity. All the policies and strategies require a lot of planning before formulation.”
In the above case identify the different levels of management these three friends belong to.
Dheeraj, Neeraj and Suraj are three friends. They work in the same company. They are managers but they belong to three different levels of management. Every day they meet and discuss their work with each other. One day they were having a conversation.
Dheeraj said, “These days I am having a lot of problems motivating the people at Shop Floor. I have decided to purchase two new machines. I know I will have to set an example by being the best leader.”
Neeraj said, “I am having problem with knowing the exact requirement of people in my department. Different polices have to be informed to the employees so that they become aware of our company’s goals. I also have to coordinate with other departmental heads to know their requirements.”
Suraj said, “I have to decide for long term. I know I will be ultimately responsible for every activity. All the policies and strategies require a lot of planning before formulation.”
In the above case identify the different levels of management these three friends belong to.
NATURE AND SIGNIFIACNCE WORKSHEET
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NATURE AND SIGNIFIACNCE WORKSHEET
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