CUET (UG) entrance exam Question Bank Solutions for Business Studies

______ takes into consideration the  growth, performance, investments and requirement of funds for a given period

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

State the five dimensions that must be managed on a project

Match the STEPS in the process of organising in Column I with the appropriate EXPLANATION in Column II.

Detailed plans of action are prepared under financial planning. What benefits does this result in?

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

Which of the following statements establishes a relationship between planning and controlling :

'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?

'The current government initiated Make in India Programme which is good for the manufacturing sector.'

Out of the following, identify the component of Business Environment quoted in the above lines.

Mr. Raghav, Finance manager of Manav InfraTech Pvt. Ltd., prepared a detailed plan of financial needs of the firm in coming six months and the sources from where funds will be acquired to meet out these needs as company is planning to open a new branch in other states of India. Identify the financial concept discussed here:

Which of the following statements is true with respect to political environment?

"Due to enforcement of Euro-N emission norms, an automobile company had to phase out one of its model." Identify the dimension of environment highlighted in the given statement.

Even though the political conditions vary from country to country, they impact the sentiment of an investor in the business, if the instability of the political conditions cause uncertainty and make it difficult for him to predict the future. Which feature of the business environment is being highlighted in the above statement?

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.