CBSE Class 12 Business Studies Principles of Management Short Notes

Concept of Principles of Management   Principles of Management are the broad and general guidelines for managerial decision making, behaviour and action. The management principles are derived from observation, analysis, experimental studies and personal experiences of the…

CBSE Class 12 Business Studies Principles of Management Important Questions

VERY SHORT ANSWER TYPE QUESTIONS (1 MARK)   QUES 1: What is meant by ‘principal of management’?                           Ans.    Principal of management are broad and general guidelines for decision making and behavior of managers.   QUES 2: State any one principal of…

CBSE Class 12 Business Studies Planning Important Questions

NON-APPLICATION BASED QUESTION Qus:1 How does planning provide direction? (Any Three) Ans:    (a) Planning is goal oriented.            (b) Continuous process.            (c ) Pervasive function.    Qus:2 The planning function of management is conducted at which level of…

CBSE Class 12 Business Studies Organising Important Questions

  1 MARKS QUESTIONS Ques 1: Name the organization which is deliberately created?                 Ans:  Formal Organisation   Ques 2: Organizing helps in optimum utilization of resources.  Which type of resources does it refer? Ans:  All material, financial and human resources…

CBSE Class 12 Business Studies Nature and Significance of Management Important Questions

Question. “Any one can be called a manager irrespective of the educational qualification possessed.” Identify the characteristic of the profession that management does not fulfil in the statement being discussed above. (a) Ethical code of conduct (b) Professional association (…

CBSE Class 12 Business Studies Management of Business Environment Important Questions

Ques 1: What do you mean by business environment? Ans: Forces affecting the performance of an organisation but outside its control are called as Business Environment.   Ques 2: Explain in brief the characteristics of business environment? Ans:  i. Totality of external forces…

CBSE Class 12 Business Studies Directing Important Questions

                                             QUES 1. Ayesha Ltd. assured their employees that in spite of recession no worker will be retrenched from the job. (i) Name and explain the type of incentive offered to the employees. (ii) Explain one more incentive of the same…

CBSE Class 12 Business Studies Controlling Important Questions

QUES 1:  Which function of management ensures that actual activities confirm to planed activities?                                         OR             Name the function which reviews the operations in a business unit. Ans: Controlling   QUES 2: There are two managers rahim…

CBSE Class 12 Business Studies Consumer Proctection Important Questions

             A.VERY SHORT ANSWER TYPE QUESTIONS (1 MARKS EACH) Ques 1: What  is  meant  by  consumer protection ? Ans: It  refers  to  the  act  of  providing  adequate  protection  to  consumers  against  the  exploitative  and  unfair  trade  practices  of  manufactures …

CBSE Class 12 Business Studies Viva Questions Stock Exchange

Q1 What do you mean by the term Stock Exchange? Ans. It is an institution which provides a platform for buying and selling of existing securities. Q2 State any two functions performed by Stock Exchange. Ans. (i) Providing liquidity and marketability to existing securities. (ii…

CBSE Class 12 Business Studies Viva Questions Principles of Management

Question. Henry Fayol, F.W. Taylor belongs to which of the following school of management? (a) Neoclassical school (b) Modern school (c) Classical school (d) Early perspective Answer. C Question. Gang plank is related to: (a) communication (b) motivation (c) supervision of…

CBSE Class 12 Business Studies Viva Questions Marketing Management

Q.1. What is meant by ‘generic name’ of a product? Ans. It refers to the name of the product. For example: a book, a wrist watch etc. Q.2. A salesman approaches you to promote the sales of a water purifier. Which communication tool is the marketer using by sending a salesman…

CBSE Class 12 Business Studies Viva Questions Business Environment

Q1 What is meant by Business Environment? Ans It may be defined as the sum total of all individuals, institutions and other forces that are outside the control of a business enterprise but that may affect its functioning. Q2 What is meant by general forces of business…

Get better marks in Class 12 Business Studies Examination

Get better marks in Class 12 Business Studies Examination. There are many more useful educational material which the students can download in pdf format and use them for studies. Study material like concept maps, important and sure shot question banks, quick to learn flash…