CBSE Class 11 Business Studies Worksheet Set 04 Solved

BUSINESS ADMINISTRATION

1. Explain Organizational Behavior and mention any two types of informal group. 

2. What are the consequences of non-registration of partnership firm? 

3. Why do you think that Organizational Behavior is important? 

4. Explain the features of a Joint Stock Company. 

5. Explain the different types of formal and informal groups.

VALUE POINTS 

1. Organizational Behavior is a sub set of management activities concerned with understanding, predicting and influencing individual behavior in organizational settings. Types of informal groups are friendship group, interest group and reference groups.

2. The consequence of non-registration of firm are as follows:

a. A partner of a firm cannot sue against the firm.
b. The firm cannot sue against third parties.
c. The firm cannot sue against partners.

3. The importance of organizational behavior:

a. It helps in explaining the inter personal relationships employee share with each other’s in the organization.
b. The prediction of individual behavior can be explained.
c. It helps manager to encourage the subordinates.
d. It helps in predicting human behavior and there application to achieve organizational goals.

4. Features of a Joint Stock Company

1. Artificial person
2. Separate legal entity
3. Formation
4. Perpetual succession
5. Common seal
6. Limited liability
Any 5 points with explanations

5. Formal groups are the work groups created by the organization with designated work assignments and routed tasks.

a. Command group
b. Task group
c. Functional group

Informal groups are formed naturally between employees in the organization when they work together over a period of time.

a. Interest group.
b. Friendship group.
c. Reference group.

Please click on below link to download CBSE Class 11 Business Studies Worksheet Set D Solved