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