PERIODIC TEST 1 (2024-25)

ROLL No.: _____________ XII MAXIMUM MARKS: 30

DATE: _______________ BUSINESS STUDIES (054) TIME ALLOWED: 90 MINUTES

General Instructions
1. This question paper contains a total of 18 questions divided into three sections. All questions are compulsory.
2. Section A contains total 14 questions of 1 mark each.
3. Section B contains two questions of 3 marks each.
4. Section C consists of two questions; Q17. of 4 marks and Q18. of 6 marks.

SECTION A
(OBJECTIVE TYPE QUESTIONS)
Q1. A petrol pump needs to be managed as much as a hospital or a school. What managers do in India, the USA,
Germany or Japan is the same, how they do it may be quite different. This difference is due to the differences in
culture, tradition and history. Identify the characteristics of management highlighted above. (Choose the correct
option.)
a) Management is a goal oriented process. c) Management is multi-dimensional.
b) Management is all pervasive. d) Management is a dynamic function.
Q2. _________ is the management function of monitoring organizational performance towards the attainment of
organizational goals. (Fill in the blank.)
Q3. Coordination is the essence of management and is not required at all levels of management. (True/False.)
Q4. Mridul and his brother Rehan started a business of making handmade cards from waste material and named it
“Fantasy”. Their business started flourishing. They formulated attainable and time bound overall goals and also
framed strategies for the achievement of the goals. For this they gave permission to appoint the required people
who would be responsible for implementing and controlling those strategies. On the basis of the functions
highlighted above identify the level at which the people will be appointed for implementing and controlling the
strategies. (Choose the correct option.)
a) Top level b) Supervisory level c) Middle level d) At all the levels
Q5. Name the technique of scientific management which helps in establishing interchange ability of manufactured parts
and products. (Answer in one word.)
Q6. Raheja Limited is diversifying its product lines. What organisational objective is it trying to achieve? (Choose the
correct option.)
a) Survival b) Profit c) Growth d) All of these
Q7. _________ is known as the ‘Father of General Management’. (Fill in the blank.)
Q8. Principle of cooperation, not individualism, is an extension of which principle given by Taylor? (Choose the correct
option.)
a) Science, not rule of thumb.
b) Harmony, not discord.
c) Division of work.
d) Development of each and every person to his or her greatest efficiency.
Q9. Effective management can help in achieving personal as well as organizational goals. (True/ False.)
Q10. Why did Fayol introduce the concept of ‘Gang Plank’ in the principle of Scalar chain? (Choose the correct option.)
a) To avoid delay in communication. b) To improve effectiveness of communication.
c) To create formal lines of authority from top to bottom. d) None of these.

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 Direction: Question 11 and 12 consist of two statements, namely Assertion (A) and Reason (R). For selecting the
correct answer, use the given code.
a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
b) Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A).
c) Assertion (A) is true but Reason (R) is false.
d) Assertion (A) is false but Reason (R) is true
Q11. Assertion (A): Management is concerned with the efficient use of resources.
Reason (R): Reducing costs ultimately leads to higher profits.
Q12. Assertion (A): Coordination is not an exclusive function of the top management.
Reason (R) : Coordination is the responsibility of all managers – top, middle and operational levels.
Direction: Question 13 and 14 consist of two statements, namely Statement 1 and Statement 2. For selecting the
correct answer, use the given code.
a) Both Statements are correct.
b) Both Statements are incorrect.
c) Statement 1 is correct and Statement 2 is incorrect.
d) Statement 1 is incorrect and Statement 2 is correct
Q13. Statement 1: The main objective of any organization should be to utilize human and material resources to the
maximum possible advantage, i.e. to fulfill the economic objectives of a business.
Statement 2: The basic objective of any business is survival.
Q14. Statement 1: Unity of command prevents dual subordination.
Statement 2: Unity of direction prevents overlapping of activities.

SECTION B
(SHORT ANSWER QUESTIONS)

Q15. Mr. David, the managing director of H. Zinc Ltd., at times get involved in activities like procurement of raw material,
production and quality control of goods, employee discipline etc..
On the basis of above information answer the following questions.
a) Name the level of management which Mr. David belongs to.
b) Do you think David must involve in such activities? Why/ Why not?
c) State any one important function Mr. David must perform.
Q16. Glenmark management outlined its long term strategy and thoughts on medium term prospectus. The management
expects its US pipeline to drive growth over the next few years while special initiatives should come to forefront from
2020 onwards. Company focused on respiratory, dermatology and oncology products development globally, while
tactically looking at other segments relevant to different markets. Glenmark expects faster approvals and better
quality launches to drive 15% to 20% revenue growth, despite potentially higher business erosion due to increasing
competition. Several interesting products are lined up for launch namely Zeta, Azelaic acid and Epiduo.
On the basis of given information about Glenmark Limited, answer the following questions.
a) Identify the main objectives of the company.
b) Identify and explain the function performed by the managers of Glenmark.

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 SECTION C
(LONG ANSWER QUESTIONS)

Q17. Rajveer works as a plant Superintendent in carpet making factory. In order to complete the export orders on time,
the production manager asks him to make the workers work overtime whereas the finance manager is strictly
against this practice because it will increase the cost of production. Moreover, Rajveer feels that since the company
is manufacturing handmade carpets as well as machine made carpets, there is a lot of overlapping of activities.
Therefore, there should be two separate divisions for both wherein each division should have its own in- charge,
plans and execution resources.
In context of the above case,
a) identify and explain the principle of management which is being violated.
b) also identify and explain the principle of management that Rajveer feels should be implemented in the factory.
Q18. Sigma Ltd. is a large company manufacturing electric motors. The company has several departments – Production,
Marketing, Finance and HR. Mr. Shashank, CEO of the company has set the target sale of 10 crores in a month. To
increase the sales, the marketing manager, Mr. Ishaan insists on offering 10% discount to customers. But the
finance manager, Mr. Mohak does not approve such discount as it would mean loss of revenue. Because of dual
subordination, the sales manager, Mr. Anshik could not achieve the sales target.
a) Which concept of management is Sigma Ltd. lacking? Explain it.
b) Explain the principle of management being overlooked by the company?
c) Describe the challenges faced by Sigma Ltd. due to conflicting managerial decisions and suggest possible
solutions to resolve these conflicts to achieve the sales target set by the CEO.

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