CBSE Class 11 Business Studies Worksheet Set 05 Solved

1. How is Organizational Behavior beneficial to both the organization and individuals working in the organization?

2. What is a Joint Stock Company? Mention the two types of companies. 

3. What do you mean by informal group? Explain its various types. 

4. Explain the different features of a partnership firm. 

5. Explain the characteristics of Organizational Behavior.

VALUE POINTS 

1. Organizational Behavior creates an atmosphere where by both organization and individuals are benefitted by each other. A reasonable work environment is created so that employees may get much needed job satisfaction at the same time the organization may also attain its objectives.

2. A joint stock company is an artificial person having a separate legal entity, perpetual succession and a common seal. Two types of companies are Public and Private companies. Point with explanations

3. These are the natural and spontaneous grouping of people whenever they work together over a period of time.

The various types of informal groups are :

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

Point with explanations

4. Features of a partnership firm

a. Formation
b. Unlimited liability
c. Risk bearing by partners
d. Decision making and control
e. Continuity
f. Mutual agency
Any 5 points with explanations

5. Characteristics of organizational behavior are :

a. Cause and effect relationship
b. It is a branch of social science
c. Three levels of analysis
d. It is science as well as an art
e. Beneficial to both organization and individuals
f. A body of theory, research and application.
g. Rational thinking

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