Business Studies Class XII

Set I

Part I

Principles and Functions of Management

Question 1. What is meant by 'motion study'? (2 marks)

Question 2. Give the meaning of' supervision. (2 marks)

Question 3. Explain the term 'management' in brief. (2 marks)

Question 4. Distinguish between authority and responsibility of the basis of : (3 marks)

(i) Direction or flow,

(ii) Delegation, and

(iii) Meaning

Question 5. State any three circumstances in which functional organisation is more suitable. (3 marks)

Question 6. The production manager of Sanjay Ltd., an organisation manufacturing scooters, asked his foreman to achieve a target production of 250 scooters per day. But he does not give him the authority to requisition tools and materials from stores department. Can the production manager blame his foreman if he is not able to achieve the desired target? Explain, in brief, the principle relating to this situation in support of your answer. (4 marks)

Question 7. As a representative of workers, you want to impress upon the management the need for introducing time-wage system in place of existing piece-rate system. What reasons will you give to justify your view point? Explain briefly. (5 marks)

Question 8. Explain in brief any five features of a good control system. (5 marks)

Question 9. "Co-ordination is needed at all levels of management." Explain this statement briefly. (5 marks)

Question 10. Explain briefly the principle of 'Espirit-de-Corps' and principle of 'Equity'. (5 marks)

Question 11. Explain briefly the various steps involved in the planning process. (6 marks)

OR

Explain in brief any six limitations of planning.

Question 12. What is meant by the term 'incentive'? Discuss the role of financial and non-financial incentives to increase the efficiency of workers. (8 marks)

OR

What is communication? Explain how communication is an important function of management.