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