CUET Business Studies 2022 15 July Shift 2 PYQs

Arrange the functions of Management in correct sequence:- A. Staffing B. Organising C. Planning D. Controlling E. Directing Choose the correct answer from the options given below:

A manager should not fall into the temptations of misusing her/his powers for individual/family benefit at the cost of larger general interest of the workers/company. The relevant principle of management is ___.

The following statements explains the concept of standardization of simplification of work. A. They seek to determine the amount and frequency of rest intervals B. They aim at eliminating superfluous variety, sizes and dimension C. Unnecessary movements are eliminated so that less time is required to complete the jobs. D. They help to determine the number of workers to be employed E. They help the organisation in devising new varieties instead of existing one. Choose the correct answer from the options given below:

According to Fayol lazy personnel should be dealt with sternly for sending the message that everyone is equal in the eyes of management. This will ensure loyalty and devotion. The relevant principle of management is ___.

Attitude towards product innovations, lifestyles and consumer prefrences are influenced by:

| Dimesion of Business Environment | Component | | --- | --- | | A. Economic | I. Festivals | | B. Social | II. Court Judgements | | C. Political | III. Public Debt | | D. Legal | IV. Ideology of ruling party | Choose the correct answer from the options given below:

Which of the following does NOT come under the dimensions of Business Environment?

If there is a plan to increase production then more labour and more machinery will be required. This step would also involve organizing for labour and purchase of machinery. Identify this step in the process of planning.

From the given options, Identify the statement that best describes planning as a continuous process

Amrit Lala, MD of Awasthi Ltd, retired after 33 years of service. The responsibility was given to Amit. Amit realized that there was lot of rivalry, confusion and misunderstanding among departmental heads. He detected inefficiencies, took corrective action and developed a master plan for the organisation to follow. This served as basis for coordinating the activities of all the departments, led to clarity of thought and action and the work got a smooth start. Identify the importance of planning highlighted in the above paragraph.

Interaction among people at work give rise to this type of organisation. Identify the type of organisation highlighted in the above statement.

Out of the following options, choose the correct combination that constitute parts of organizing process A. Identification and division of work B. Setting up standards for performance C. Establishing authority and responsibility relationships D. Developing Premises E. Assignment of duties Choose the correct answer from the options given below:

| Set A | Set B | | --- | --- | | A. Product specialization | I. Span of management | | B. All decision making authority is kept with top level. | II. Informal | | C. Arises out of personal qualities | III. Divisional Structure | | D. Number of subordinates that can be managed by a superior | IV. Centralisation | Choose the correct answer form the options given below:

It is prerequisites to effective functioning of an organisation because it enables the manager to use his time on high priority areas.

Identify the function of marketing that is also undertaken to fulfill the 'right of be heard' right of a consumer under Consumer Protection Act.

A brand or part of a brand that is given legal protection against its use by other firms. Identify the term of branding highlighted in the above statement.

The label on the package of a shaving cream mentions, '40% Extra free' or package of a toothpaste mentioning 'Free toothbrush inside' or save Rs. 15.' Identify the function of labelling.

| Source of Recruitment | Condition | | --- | --- | | A. Casual Caller | I. The application of Sohan, was forwarded by XYZ consultancies to the Company. | | B. Advertisement | II. Raj sent his application to the company through the website Jobseekers.com | | C. Placement Agencies | III. Prateek has seen a job vacancy in the newspaper and decided to give his application. | | D. Web Publishing | IV. Rohan went to XYZ Ltd. and gave his application for a job. | Choose the correct answer from the options given below:

Mr. Gaurav needs to add 20 people to their team of sales executives. He had given an advertisement in the newspaper and has received 200 applications. Help him to select the best 20 candidates by giving him the correct sequence. A. Selection Test B. Reference and Background checks C. Employment Interview D. Selection Decision E. Preliminary Screening Choose the correct answer from the option given below:

Arrange the staffing process in sequence A. Recruitment B. Estimating the manpower requirement C. Placement and orientation D. Selection E. Training and Development Choose the correct answer from the options given below:

One of the following is not an element of direction Identify

Choose the correct statement/ statements A. Non Financial Incentives mainly focus on satisfying psychological, social and emotional factors B. Money can satisfy all kinds of needs of individuals C. Career advancement opportunity, job security and employee empowerment are non financial incentives D. Promotion, stock option and perquisites are non financial incentives Choose the correct answer from the options given below:

| List I | List II | | --- | --- | | A. Motivation | I. Function to be performed at the operative level | | B. Supervision | II. Complex process as the individuals are heterogeneous in their expectations | | C. Communication | III. Process that tries to bring change in the behavior of others | | D. Leadership | IV. It implies common understanding | Choose the correct answer from the options given below:

Arrange the need hierarchy theory of motivation propounded by Abraham Maslow in hierarchical order from basic to highest level need. A. Basic Physiological Needs B. Esteem Needs C. Safety Needs D. Self actualisation needs E. Affiliation needs Choose the correct answer from the options given below:

Identify one statement among the following that is NOT true about capital budgeting:

A company will tend to pay lower rate of dividend if ___

It is a process of estimating the fund requirement of a business and specifying the sources of funds

A firm's ability to borrow at a lower rate

Arrange the following current assets in order of their liquidity A. Prepaid expenses B. Raw Material C. Debtors D. Finished goods inventory E. Bills receivable Choose the correct answer from the options given below:

Treasury Bills are issued by

Identify the objective of SEBI from the following: A. To protect the rights and interests of investors B. To regulate stock market and the securities industry to promote their orderly functions. C. Registration of brokers D. To prevent trading malpractices and achieve a balance between self regulation by securities industry and its statutory regulation E. Calling for information by undertaking inspection Choose the correct answer from the options given below:

Name the market for financial securities which is also known as 'New Issue Market'

"Through this process of disinvestment and reinvestment, savings get channelized into their most productive investment avenues" - which function of stock exchange is highlighted by the given statement?

"Holders of assets can readily sell their financial assets through the mechanism of the financial market" - This statement highlight one of the functions of financial market. Identify

| Consumer Rights | Explanation | | --- | --- | | A. Right to consumer education | I. Right to be protected against goods and services which are hazardous to life | | B. Right to be heard | II. Right to have complete information of the product | | C. Right to be informed | III. Right to file a complaint and be heard in case of dissatisfaction | | D. Right to safety | IV. Right to acquire knowledge and to be well informed consumer | Choose the correct answer from the options given below:

Shikha wants to buy a Microwave. She goes to an outlet for the same. The sales person is convincing her to buy microwave of a particular brand only. Identify the consume right which is being hindered here from the following

Identify from the following phrase which means "Let the buyer beware"?

Who can file a complaint? A. Any Consumer B. Any Shopkeeper C. Any registered consumer association D. Any non-registered NGO E. A legal heir of a deceased consumer Choose the correct answer from the options given below:

Identify from the following that cannot be termed as a 'Consumer' under Consumer Protection Act?

Identify which one is not a step in the process of setting up a Business?