Arts (English Medium) इयत्ता १२ - CBSE Question Bank Solutions for Business Studies

Krishna Furnishers Mart started its operations in the year 1954 and emerged as the market leader in the industry because of their original designs and efficiency in operations. They had a steady demand for their products but over the years, they found their market share declining because of new entrants in the field. The firm decided to review their operations and decided that in order to meet the competition, they need to study and analyze the market trends and then design and develop their products accordingly. List any two impacts of changes in business environment on Krishna Furnishers Mart’s operations. (Hint: increase in competition and Market orientation).

Explain the following terms:
a. Liberalisation
b. Privatization
c. Globalisation

Briefly discuss the impact of Government policy changes on business and industry.

What economic changes were initiated by the Government  under the Industrial Policy, 1991? What impact have these changes made on business and industry?

What are the essential features of:
a. Liberalisation,
b. Privatization and
c. Globalisation? 

State the type of plan and state whether they are Single use  or Standing plan:
a. A type of plan which serves as a controlling device as well.(budget)
b. A plan based on research and analysis and is concerned  with physical and technical tasks. (Method)

Why is it that organisations are not always able to accomplish  all their objectives?

What is ‘Financial Risk?’ Why does it arise?

Financial management is based on three broad financial decisions. What are these?

Discuss the elements of delegation.

Explain the factors affecting the dividend decision.

Explain the procedure for selection of employees.

Increasing sale by 15% is ____________.

Name the function of management which involves setting objectives and developing appropriate courses of action to achieve these objectives.

Giving freedom to Indian business and industries from all unnecessary government controls and restrictions is an example of ______.

Reduction in the role of public sector is due to ________.

Export promotion is concerned with _______.

Which of the following is not an element of delegation?

For delegation to be effective it is essential that responsibility be accompanied with necessary:

Right of an individual to command his subordinates is ____________.