Commerce (English Medium) कक्षा १२ - CBSE Question Bank Solutions for Business Studies

Rishitosh Mukherjee has recently joined AMV Ltd, a company manufacturing refrigerators. He found that his department was under-staffed and other departments were not cooperating with his department for the smooth functioning of the organisation. Therefore, he ensured that his department has the required number of employees and its cooperation with other departments is improved.

1) Identify the level at which Rishitosh Mukherjee was working.

2) Also, state three more functions required to be performed by Rishitosh Mukherjee at this
level.

Explain briefly Casual Callers and Labour Contractors as external sources of recruitment

Explain Direct Recruitment and Advertisement as external sources of recruitment

Mohit Gupta is working with 'Yellow Security Services Ltd.' He is also recruiting security guards for the company. The company provide security services in Delhi and Noida at short notice to various companies. The guards are recruited on a temporary basis. The guards provided by this company are known for their honesty and punctuality. Mohit Gupta is well known in his village for providing employment to unskilled people

a. Name the source of recruitment used by 'Yellow Security Services Ltd.'
b. State any one disadvantage of this source of recruitment.
c. Identify the need of 'Security Guards' which is being fulfilled by the company as per Maslow's need hierarchy.
d. Identify any two values communicated to the society in the above-stated case.

What is meant by ‘Privatisation’?

Why employees become lethargic when the organisation uses internal sources of recruitment? State.

'Recruitment' is one of the specialised activities performed by human resources management. Mention any two other specialised activities of human resource management

How are employees motivated to improve their performance when the organisation uses internal sources of recruitment? State.

What is meant by Financial Risk?

State any four advantages of external sources of recruitment.

What is meant by ‘Management of Operations’? 

How are consumer grievances redressed by the three-tier machinery under Consumer Protection Act, 1986? Explain.

A company wants to modify its existing product in the market due to decreasing sales. You can imagine any product about  which you are familiar. What  Decisions/steps should each  level of management take to give effect to this decision?

A firm plans in advance and has a sound organisation  structure with efficient supervisory staff and control system  but on several occasion it finds that plans are not being  adhered to. It leads to confusion and duplication of work.  Advise remedy.

In an Attempt to Cope with Reliance Jio’S Onslaught in 2018, Market Leader Bharti Airtel Has Refreshed Its Rs 149 Prepaid Plan to Offer 2 Gb of 3g/4g Data per Day, Twice the Amount It Offered Earlier. Name the Type of Plan is Highlighted in the Given Example. ? State Its Three Dimensions Also.

Explain the twin objectives of financial planning.

Aval Ltd. is engaged in the business of export of canvas goods and bags. In the past, the performance of the company had been upto the expectations. In line with the latest demand in the market, the company decided to venture into leather goods for which it required specialised machinery. For this, the Finance Manager Prabhu prepared a financial blueprint of the organisation’s future operations to estimate the amount of funds required and the timings with the objective to ensure that enough funds are available at right time. He also collected the relevant data about the profit estimates in the coming years. By doing this, he wanted to be sure about the availability of funds from the internal sources of the business. For the remaining funds, he is trying to find out alternative sources from outside.

a. Identify the financial concept discussed in the above paragraph. Also, state the objectives to be achieved by the use of financial concept so identified. ( Financial Planning).

b. ‘There is no restriction on payment of dividend by a company’. Comment. ( Legal & Contractual Constraints)

State the two important sources of recruitment.

What is meant by recruitment? How is it different from selection?

A company is manufacturing paper plates and bowls. It produces 1,00,000 plates and bowls each day. Due to local festival, it got an urgent order of extra 50,000 plates and bowls. Explain the method of recruitment that the company should adopt in the given circumstances to meet the order.