CUET (UG) entrance exam Question Bank Solutions

Under The Consumer Protection Act, 2019, ______ can be approached to file a complaint by the legal heir of a deceased consumer if compensation claimed is Rs. 3 crores?

R-Ox Ltd. wants to increase their market share by 4.5% in next two years. It spent a lot of money to hire specialized people for framing their plans, collecting important facts about environment who took lot of time to frame plans for the company. The competition has started increasing, and it is not able to beat its competitors because it has already spent a huge amount. The plan failed and company suffered a huge loss. Identify the limitation of planning stated in the given case :

Planning means to look ahead while Controlling means to:

Meena, a proof reader in Akash Publications, has been given a target of reading at least 40 pages per day. She has a habit of doing things differently. While doing her work, an idea struck her that a summary of a chapter in the form of a map where all the concepts related to that chapter would be interlinked, should be given in starting of each chapter. It will give students a gist of chapter as well as provide a competitive edge over other publishers. But instead of appreciating her idea, her immediate boss scolded her and asked her to complete the work as per prescribed format. Out of the following, identify the limitation of planning stated in above paragraph :

Without ______ function of Management, the controlling function is not possible. 

______ is used extensively for all types of activities and mainly for taking charge of different activities in any enterprise. 

"Even after opening up of the Indian economy in 1991 foreign companies found it extremely difficult to cut through the bureaucratic red tape to get permits for doing business in India, which created a negative impact on business."

Identify the dimension of the business environment which led to creation of the negative impact on business.

"Once a plan is formed by the top management and is conveyed to the whole team, it is very difficult to alter it." Which limitation of planning is being indicated in the given statement?

Directing is initiated at ______ level of management.

Which of the following dimensions of Business Environment includes legislations passed by the Government administrative orders issued by government authorities:

Which market directly contributes to capital formation?

Which of the following is not an element of social environment:

Which of the following is not related to ‘Organising as a Process’?

"Increase in the use of mobile phones and i-pods instead of papers and radio" refers to an example of key component of general environment of business. Identify the component of business environment. 

______ is the reason for business failure.

Which of the following statement is true with respect to political environment:

Directing takes place between who among the following:

'Service sector contributes to almost half of India's GDP but employs only one-third of its workforce.

Which of the following dimensions of Business Environment is stated in the above line:

Assertion (1): Financial planning tries to link the present with the future.

Reason (R): Financial planning is essentially the preparation of a financial blueprint of an organisation's future operations.

Which of the following statement is true regarding marketing?