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

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Business Studies
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Which of the following is not an element of direction?

[7] Directing
Chapter: [7] Directing
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Which of the following are the elements of directing?

[7] Directing
Chapter: [7] Directing
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______ is an important element of directing.

[7] Directing
Chapter: [7] Directing
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Which of the following factors affects the dividend decision.

[9] Business Finance
Chapter: [9] Business Finance
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What are the two objective of Financial Planning.

[9] Business Finance
Chapter: [9] Business Finance
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A consumer can file a complaint in the appropriate state Commission· in case the value of the goods or the services in question is more than Rs ______. lakhs but is less than Rs______ crore.

[12] Consumer Protection
Chapter: [12] Consumer Protection
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Which of the following statements is correct?

  1. The Consumer Protection Act provides for six consumer rights.
  2. The Consumer Protection Act provides for seven consumer rights.
[12] Consumer Protection
Chapter: [12] Consumer Protection
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______ Act is formed to prevent such practices by the business firms fhat hinder coll\petition in the market.

[12] Consumer Protection
Chapter: [12] Consumer Protection
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______ ensures that the heads of separate business units in the organisation are responsible for profit or loss of their unit and have authority over it. 

[5] Organising
Chapter: [5] Organising
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Which type of organisational structures is the most suitable for those business enterprises where a large variety of products are manufactured?

[5] Organising
Chapter: [5] Organising
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Match the TERMS in Column I with their corresponding MEANING or EXPLANATION in Column II.

  Column I   Column II
(a) Fixed capital (i) Investment in current assets
(b) Working capital (ii) Assets which get converted into cash or cash equivalents within one year
(c) Fixed assets  (iii) Assets which remains in the business for more than one year
(d) Current assets (iv) Investment in long-term assets
[10] Financial Markets
Chapter: [10] Financial Markets
Concept: undefined >> undefined

Match the STEPS of Planning process in Column I with the appropriate SEQUENCE in Column II.

  Column I   Column II
(1) Setting Objectives (i) Fourth step
(2) Implementing the plan  (ii) First step
(3) Evaluating alternative courses (iii) Sixth step
[4] Planning
Chapter: [4] Planning
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Match the STRUCTURE in an organisation in Column I with the appropriate EXPLANATION in Column II.

  Column I   Column II
(1) Organisation Structure (i) Grouping activities on the basis of products
(2) Functional Structure (ii) Framework within which managerial and operating tasks are performed.
(3) Divisional structure (iii) Grouping of similar jobs and organizing them as separate departments.
[5] Organising
Chapter: [5] Organising
Concept: undefined >> undefined

Which of the following gives shape to the organisation structure?

[5] Organising
Chapter: [5] Organising
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To see whether plans are being implemented and activities are being performed according to the schedule, is a step of planning process. Identify the step.

[4] Planning
Chapter: [4] Planning
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Which of the following statements is incorrect?

[4] Planning
Chapter: [4] Planning
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Match the PERSONNEL UNDER PLANNING INCHARGE in Column I with their RESPONSIBILITIES in Column II.

  Column I   Column II
(1) Instruction card clerk (i) Specify the route of production
(2) Route clerk (ii) Ensure discipline

(4)

Time and cost clerk (iii) Draft instructions for the workers
(5) Disciplinarian (iv) Prepare time and  cost sheet
[6] Staffing
Chapter: [6] Staffing
Concept: undefined >> undefined

Yummy Foods Ltd. has its registered office in Lucknow, manufacturing unit in Kanpur and marketing department in Chandigarh. ______ type of organisational structure should be adopted by the company to achieve its objectives.

[5] Organising
Chapter: [5] Organising
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Which type of organisational structures is the most suitable when the size of the organisation is large and is producing one line of product?

[5] Organising
Chapter: [5] Organising
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______ are the anticipated environments in which plans are expected to operate. 

[4] Planning
Chapter: [4] Planning
Concept: undefined >> undefined
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