Business Studies Nios plus two II Welcome to your Business Studies Nios plus two II Total Questions: 50 Name Mobile No: 1. _____________are the Factors affect / depend economic environment:? Only the political party in power Social media trends and brand design Only the technology used by a business The country’s economic conditions, government economic policies, and nature of the economic system None Hint 2. 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 3. What is Natural Environment? Employee behavior and company culture The office design and furniture used in a company Government policies and tax systems Geographical and ecological factors like natural resources, weather, and climate that influence business operations None Hint 4. What is the importance of financial planning? It discourages saving and long-term investment. It encourages unnecessary borrowing and random spending. It focuses only on cutting costs without considering future needs. It helps to estimate accurate requirement of funds, ensures proper utilization, and avoids shortage or surplus of funds. None Hint 5. What is formal communication? Communication that happens only during social events Informal discussions between friends at work The path or channel of communication based on the status established formally by the management Random sharing of ideas without any structure None Hint 6. 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 7. what is Economic Environment ? Economic environment is closely inter-related with business and determines opportunities and threats Only the laws regulating business activities Internal structure of an organization Set of technological tools used in business None Hint 8. write the Various Processes of Organizing? Budgeting, financing, marketing, and auditing Identification of work, grouping activities, assigning responsibilities, and granting authority Recruitment, selection, promotion, and termination Delegation, discipline, punishment, and rewards None Hint 9. What are the Merits of Joint Stock Company:? Unlimited liability, Single ownership, Limited resources, Tax burden Limited liability, More financial resources, Large-scale production benefits, Tax benefits Quick decisions, Limited capital, High risk, No legal status Partnership control, Easy formation, Direct personal contact, Family ownership None Hint 10. What is informal organisation? A network of personal and social relationships not established or required by the formal organisation A system of strict rules and procedures enforced by top management An official hierarchy that defines duties and responsibilities A structure created by the government to manage public services None Hint 11. what are the Limitations of Multinational Cooperation? 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 Provides employment, protects environment, supports local ownership None Hint 12. 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 13. Define communication? The system of purchasing raw materials The method of assigning salaries to employees The process of storing company data The process of transmitting and receiving ideas accurately None Hint 14. Explain Job Analysis? To assign financial budgets to departments 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 None Hint 15. What is informal communication? Communication strictly controlled by management Communication that occurs independently of the official line of communication Communication through formal notices and circulars only Communication used only in written formats None Hint 16. Main Factors Affect Business Environment ? Only internal management and leadership Only economic and legal factors Consumers, Competitors, Suppliers, Government, Social & Political, Legal & Technological factors Production methods and product quality only None Hint 17. What is staffing? The process of preparing financial reports and budgets The function of controlling and punishing employees The managerial function of employing and developing human resources for various activities in an organisation The process of purchasing materials and equipment None Hint 18. In which year Company Act was established? 1956 1947 1950 1961 None Hint 19. 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 20. 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 Spending more on advertising Focusing only on profit-making without communication None Hint 21. What are the objectives of financial management? To ensure maximum spending of funds regardless of returns. To focus only on short-term profits without concern for risk. 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. None Hint 22. what are the Merits of Functional Organisation? 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 Informal communication, minimal supervision, and no specialization None Hint 23. 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 24. Features of Formal Organisation:? Controlled by top management, based on division of labor and specialization, and developed through delegation of authority Absence of hierarchy, group leadership, and unassigned roles Formed by employees for social interaction and personal needs Informal communication, spontaneous structure, and flexible roles None Hint 25. define Business Ethics ? Marketing strategies used to attract customers Techniques for increasing business profit Government rules for registering a company A set of standards and principles that guide the moral conduct of businessmen, such as honesty, truthfulness, compassion, and sympathy None Hint 26. what is Political Environment? The nature of the government, its attitude and policies toward the business community, and trade unionism Only the election process in a country Marketing and advertising strategies used by companies The laws and acts passed by courts None Hint 27. what is Internal Planning & External Planning? 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 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 None Hint 28. What are the characteristics of controlling? It is optional and unrelated to planning. It is action-oriented, continuous, and based on planning. It is a one-time activity and not linked to any action. It only focuses on future goals and not performance. None Hint 29. What is stock exchange/stock 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. An informal group of people trading products in a local market. A place where only commodities like grains and spices are traded. None Hint 30. What is Business Environment? Only the political factors affecting business decisions The combination of internal and external factors influencing a business The economic activities within a company A company's marketing strategy None Hint 31. 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 32. What is Organisation The informal communication among employees in a company The process of hiring employees without assigning duties 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 None Hint 33. what are the Features of planning? Being a financial tool, backward-looking, and department-specific Being optional, reactive, limited to top management, and unrelated to goals Being informal, spontaneous, and not required at all levels Being the primary function of management, goal-oriented, pervasive, and futuristic None Hint 34. Define supervision? Planning company goals and policies Refers to instructing, guiding, and assisting workers towards better performance Hiring new employees for the organisation Conducting market surveys and analysis None Hint 35. What is financial planning? A systematic way of deciding and acting purposefully in financial matters. Planning only for business expansion without considering finances. A method of estimating expenses without any structure. Random decision-making in financial matters. None Hint 36. Examples of Statutory Companies:? Nestle India and Maruti Suzuki Reliance Industries and HDFC Bank LIC and Unit Trust of India Tata Motors and Infosys None Hint 37. What is controlling? Planning future activities of the organization Assigning tasks to employees and motivating them Hiring and training new employees Evaluating actual performance against planned standards and taking corrective action None Hint 38. 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 follow a fixed pattern without room for changes. It must be simple, take a long-term view, and be flexible. None Hint 39. What is coordination? To ensure unity of action and harmony among activities To increase employee salaries To hire new employees To reduce the number of departments None Hint 40. What is Recruitment? The process of terminating unproductive employees The process of promoting employees within the organisation 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 41. Features of Business Environment ? Business environment is always stable and consistent Business environment is dynamic, unpredictable, and varies by place and time Business environment is controlled entirely by the organization Business environment affects only large enterprises None Hint 42. Define manpower planning? The evaluation of employee performance after recruitment The process of training existing staff for promotions The process of estimating the manpower requirement for an organisation The process of outsourcing jobs to external agencies None Hint 43. What are the 3 types of financial management? Marketing, Sales, Investment Accounting, Auditing, Budgeting Assets Management, Risk Management, Tax Planning Investment Decisions, Financing Decisions, Dividend Decisions None Hint 44. What are the essential requirements of a good control system? Controlling is random and does not require action. 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. None Hint 45. Define of Joint Stock Company: ? A non-profit organization controlled by the state A government department involved in trade 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 46. How does coordination help in management? It creates confusion among employees It ensures systematic performance and avoids conflicts and delays It only helps in financial planning It increases the workload of managers None Hint 47. what are the Advantages of Multinational Corporations:? Increase in domestic monopolies and cultural isolation Exploitation of local resources and reduction in employment Investment of foreign capital, generation of employment, bridging the gap between saving and investment Encouragement of black money and tax evasion None Hint 48. what are the Features of Planning? 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. Planning is random and does not require a specific course of action. Planning deals only with financial decisions. None Hint 49. what is Social Environment? Social factors like customs, traditions, values, beliefs, poverty, and education level prevalent in society The machinery and equipment used in business operations Only the legal rules affecting businesses The structure of a company’s management team None Hint 50. types of compay from of Business Organizations:? Sole Proprietorship, Partnership, Private Company, Public Company Sole Proprietorship, Partnership, Joint Hindu Family Business, Cooperative Society Sole Proprietorship, Partnership, Franchise, Corporation Proprietorship, Corporation, Multinational Company, Joint Venture 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
