Business Studies Nios plus two II Welcome to your Business Studies Nios plus two II Total Questions: 50 Name Mobile No: 1. What is controlling? Assigning tasks to employees and motivating them Planning future activities of the organization Hiring and training new employees Evaluating actual performance against planned standards and taking corrective action None Hint 2. What is Organisation The process of making financial investments and analyzing profits The informal communication among employees in a company The process of hiring employees without assigning duties The process of dividing work into tasks, grouping them into posts, delegating authority, and appointing qualified staff None Hint 3. What is Recruitment? The process of promoting employees within the organisation The process of terminating unproductive employees The process of searching for prospective employees and encouraging them to apply for jobs in the organisation The process of assigning tasks to current staff None Hint 4. What is stock exchange/stock market? A place where only commodities like grains and spices are traded. An association or organization established to assist, regulate, and control the buying, selling, and dealing of securities. An informal group of people trading products in a local market. A bank that gives out loans and accepts deposits. None Hint 5. Main Importance of Planning? Avoids control and discourages coordination Creates confusion and increases operational risks Reduces uncertainty, guides decision-making, and helps achieve coordination and control Limits managerial freedom and increases unpredictability None Hint 6. what are the Merits of Functional Organisation? Division of labour, higher efficiency, scope for expansion, and ease of implementation and control Centralized control, limited specialization, and slow decision-making One-man control, undefined roles, and minimal coordination Informal communication, minimal supervision, and no specialization None Hint 7. What is long term source of finance? Loans taken from friends for emergencies. Money raised through daily sales. Funds borrowed for one month or less. Refers to the institutions or agencies through which finance is available for a long period. None Hint 8. Define of Joint Stock Company: ? A voluntary association of individuals for earning profit, with capital called shares that are freely transferable on the market A private business owned by a single individual A government department involved in trade A non-profit organization controlled by the state None Hint 9. What are the Merits of Joint Stock Company:? Quick decisions, Limited capital, High risk, No legal status Partnership control, Easy formation, Direct personal contact, Family ownership Unlimited liability, Single ownership, Limited resources, Tax burden Limited liability, More financial resources, Large-scale production benefits, Tax benefits None Hint 10. What is staffing? The process of preparing financial reports and budgets The managerial function of employing and developing human resources for various activities in an organisation The function of controlling and punishing employees The process of purchasing materials and equipment None Hint 11. Explain Job Analysis? To determine the market demand for products To calculate the salaries of employees To identify the qualifications, skills, and experience required for various categories of employees To assign financial budgets to departments None Hint 12. What is informal communication? Communication that occurs independently of the official line of communication Communication used only in written formats Communication strictly controlled by management Communication through formal notices and circulars only None Hint 13. what are the major Types of Planning ? Individual planning, Group planning, National planning, International planning Government planning, Private planning, Foreign planning, Local planning Cooperative planning, Functional planning, Formal planning, Informal planning Strategic planning, Tactical planning, Operational planning, Financial planning None Hint 14. Define communication? The process of transmitting and receiving ideas accurately The process of storing company data The method of assigning salaries to employees The system of purchasing raw materials None Hint 15. What are the objectives of financial management? To avoid any kind of financial planning. To ensure maximum spending of funds regardless of returns. To ensure continuous availability of sufficient funds at reasonable cost, effective utilization of funds, and safety of funds. To focus only on short-term profits without concern for risk. None Hint 16. types of compay from of Business Organizations:? Sole Proprietorship, Partnership, Franchise, Corporation Proprietorship, Corporation, Multinational Company, Joint Venture Sole Proprietorship, Partnership, Joint Hindu Family Business, Cooperative Society Sole Proprietorship, Partnership, Private Company, Public Company None Hint 17. Explain the importance of directing function? It is mainly concerned with machine maintenance and repair It is optional and not essential in large organisations It is used only for controlling financial activities It may be regarded as the heart of the management process, as all performance revolves around it None Hint 18. How does coordination help in management? It only helps in financial planning It increases the workload of managers It ensures systematic performance and avoids conflicts and delays It creates confusion among employees None Hint 19. Examples of Statutory Companies:? Tata Motors and Infosys LIC and Unit Trust of India Reliance Industries and HDFC Bank Nestle India and Maruti Suzuki None Hint 20. What is financial planning? Random decision-making in financial matters. A systematic way of deciding and acting purposefully in financial matters. A method of estimating expenses without any structure. Planning only for business expansion without considering finances. None Hint 21. what is Economic Environment ? Only the laws regulating business activities Economic environment is closely inter-related with business and determines opportunities and threats Set of technological tools used in business Internal structure of an organization None Hint 22. What is Natural Environment? Employee behavior and company culture Geographical and ecological factors like natural resources, weather, and climate that influence business operations Government policies and tax systems The office design and furniture used in a company None Hint 23. Social Responsibility of Business towards share holders & creditors ? Spending more on advertising Increasing the number of employees regardless of need Ensuring investment safety, giving fair dividends, and providing accurate financial information regularly Focusing only on profit-making without communication None Hint 24. Features of Formal Organisation:? Informal communication, spontaneous structure, and flexible roles Absence of hierarchy, group leadership, and unassigned roles Controlled by top management, based on division of labor and specialization, and developed through delegation of authority Formed by employees for social interaction and personal needs None Hint 25. What is coordination? To hire new employees To increase employee salaries To ensure unity of action and harmony among activities To reduce the number of departments None Hint 26. What are the characteristics of controlling? It is a one-time activity and not linked to any action. It only focuses on future goals and not performance. It is action-oriented, continuous, and based on planning. It is optional and unrelated to planning. None Hint 27. what is Social Environment? The machinery and equipment used in business operations Social factors like customs, traditions, values, beliefs, poverty, and education level prevalent in society The structure of a company’s management team Only the legal rules affecting businesses None Hint 28. What are the essential requirements of a good control system? Controlling is random and does not require action. Controlling is planning-focused and theoretical only. Controlling is based on planning, is continuous in nature, and action-oriented. Controlling is independent of planning and occurs only once. None Hint 29. define Business Ethics ? Techniques for increasing business profit Government rules for registering a company Marketing strategies used to attract customers A set of standards and principles that guide the moral conduct of businessmen, such as honesty, truthfulness, compassion, and sympathy None Hint 30. what is Political Environment? Only the election process in a country The nature of the government, its attitude and policies toward the business community, and trade unionism Marketing and advertising strategies used by companies The laws and acts passed by courts None Hint 31. Define manpower planning? The process of training existing staff for promotions The process of estimating the manpower requirement for an organisation The evaluation of employee performance after recruitment The process of outsourcing jobs to external agencies None Hint 32. What is formal communication? Communication that happens only during social events The path or channel of communication based on the status established formally by the management Informal discussions between friends at work Random sharing of ideas without any structure None Hint 33. Features of Business Environment ? Business environment is dynamic, unpredictable, and varies by place and time Business environment affects only large enterprises Business environment is always stable and consistent Business environment is controlled entirely by the organization None Hint 34. What are the major types of long term source of finance? Daily sales, short-term bank loans, credit cards, and petty cash. Savings accounts, pocket money, gift cards, and vouchers. Capital market, special financial institutions, mutual funds, and leasing companies. Money borrowed from employees, suppliers, customers, and retailers. None Hint 35. Explain the essentials of a sound financial plan? It should ignore future goals and prioritize immediate spending. It should be complex, rigid, and focus only on short-term gains. It must be simple, take a long-term view, and be flexible. It must follow a fixed pattern without room for changes. None Hint 36. what is Internal Planning & External Planning? Internal planning deals with national income and technology, while external focuses on employees and machines Internal planning is done by government bodies, external by private companies There is no difference between internal and external planning premises Internal planning premises include men, money, machine, material, and methods; external planning premises include technology changes, population growth, government policies, and price levels None Hint 37. what are the Features of planning? Being optional, reactive, limited to top management, and unrelated to goals Being a financial tool, backward-looking, and department-specific Being the primary function of management, goal-oriented, pervasive, and futuristic Being informal, spontaneous, and not required at all levels None Hint 38. What are the 3 types of financial management? Investment Decisions, Financing Decisions, Dividend Decisions Accounting, Auditing, Budgeting Assets Management, Risk Management, Tax Planning Marketing, Sales, Investment None Hint 39. what are the Features of Planning? Planning is only required in government sectors. Planning deals only with financial decisions. Planning is random and does not require a specific course of action. Planning is defined as chalking out a course of action and involves what is to be done, when, how, and by whom. None Hint 40. In which year Company Act was established? 1956 1950 1947 1961 None Hint 41. What is Business Environment? A company's marketing strategy Only the political factors affecting business decisions The combination of internal and external factors influencing a business The economic activities within a company None Hint 42. What is the importance of financial planning? It discourages saving and long-term investment. It encourages unnecessary borrowing and random spending. It helps to estimate accurate requirement of funds, ensures proper utilization, and avoids shortage or surplus of funds. It focuses only on cutting costs without considering future needs. None Hint 43. Define selection? The process of advertising job vacancies The process of assigning job responsibilities to managers The process of conducting training for all employees The process of choosing the most suitable person from among the list of interested candidates None Hint 44. Main Factors Affect Business Environment ? Consumers, Competitors, Suppliers, Government, Social & Political, Legal & Technological factors Only internal management and leadership Only economic and legal factors Production methods and product quality only None Hint 45. What is informal organisation? A system of strict rules and procedures enforced by top management An official hierarchy that defines duties and responsibilities A network of personal and social relationships not established or required by the formal organisation A structure created by the government to manage public services None Hint 46. what are the Limitations of Multinational Cooperation? Change in culture, least concern with host country’s priorities, adverse effects on domestic enterprises Boosts local industries and promotes cultural values Provides employment, protects environment, supports local ownership Encourages savings and protects small businesses None Hint 47. _____________are the Factors affect / depend economic environment:? Only the technology used by a business The country’s economic conditions, government economic policies, and nature of the economic system Social media trends and brand design Only the political party in power None Hint 48. what are the Advantages of Multinational Corporations:? Increase in domestic monopolies and cultural isolation Encouragement of black money and tax evasion Exploitation of local resources and reduction in employment Investment of foreign capital, generation of employment, bridging the gap between saving and investment None Hint 49. Define supervision? Conducting market surveys and analysis Refers to instructing, guiding, and assisting workers towards better performance Planning company goals and policies Hiring new employees for the organisation None Hint 50. write the Various Processes of Organizing? Budgeting, financing, marketing, and auditing Identification of work, grouping activities, assigning responsibilities, and granting authority Delegation, discipline, punishment, and rewards Recruitment, selection, promotion, and termination None Hint Time's up Share: admin Previous post Political Science Nios plus two VI August 23, 2025 Next post Business Studies Nios plus two III August 28, 2025
