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