Business Studies Nios plus two II Welcome to your Business Studies Nios plus two II Total Questions: 50 Name Mobile No: 1. 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 2. 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 promoting employees within the organisation The process of terminating unproductive employees None Hint 3. In which year Company Act was established? 1956 1947 1950 1961 None Hint 4. How does coordination help in management? It creates confusion among employees It increases the workload of managers It ensures systematic performance and avoids conflicts and delays It only helps in financial planning None Hint 5. what is Internal Planning & External Planning? Internal planning premises include men, money, machine, material, and methods; external planning premises include technology changes, population growth, government policies, and price levels There is no difference between internal and external planning premises 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 6. 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 7. Explain the importance of directing function? It is used only for controlling financial activities It is mainly concerned with machine maintenance and repair 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 None Hint 8. write the Various Processes of Organizing? Identification of work, grouping activities, assigning responsibilities, and granting authority Recruitment, selection, promotion, and termination Delegation, discipline, punishment, and rewards Budgeting, financing, marketing, and auditing None Hint 9. 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 10. what are the Merits of Functional Organisation? Centralized control, limited specialization, and slow decision-making 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 None Hint 11. What is staffing? The function of controlling and punishing employees The process of purchasing materials and equipment 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 12. 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 13. What is stock exchange/stock market? 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 place where only commodities like grains and spices are traded. A bank that gives out loans and accepts deposits. None Hint 14. what is Economic Environment ? Internal structure of an organization Economic environment is closely inter-related with business and determines opportunities and threats Set of technological tools used in business Only the laws regulating business activities None Hint 15. What is Business Environment? The combination of internal and external factors influencing a business Only the political factors affecting business decisions The economic activities within a company A company's marketing strategy None Hint 16. Define manpower planning? The process of estimating the manpower requirement for an organisation The process of outsourcing jobs to external agencies The process of training existing staff for promotions The evaluation of employee performance after recruitment None Hint 17. What is Natural Environment? Government policies and tax systems The office design and furniture used in a company Employee behavior and company culture Geographical and ecological factors like natural resources, weather, and climate that influence business operations None Hint 18. Examples of Statutory Companies:? LIC and Unit Trust of India Tata Motors and Infosys Nestle India and Maruti Suzuki Reliance Industries and HDFC Bank None Hint 19. What are the 3 types of financial management? Marketing, Sales, Investment Investment Decisions, Financing Decisions, Dividend Decisions Assets Management, Risk Management, Tax Planning Accounting, Auditing, Budgeting None Hint 20. _____________are the Factors affect / depend economic environment:? Only the technology used by a business 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 None Hint 21. 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 22. what are the Features of planning? 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 Being optional, reactive, limited to top management, and unrelated to goals None Hint 23. what are the Features of Planning? 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 is only required in government sectors. Planning deals only with financial decisions. None Hint 24. What are the characteristics of controlling? It is a one-time activity and not linked to any action. It is optional and unrelated to planning. It is action-oriented, continuous, and based on planning. It only focuses on future goals and not performance. None Hint 25. Define communication? The system of purchasing raw materials The process of transmitting and receiving ideas accurately The process of storing company data The method of assigning salaries to employees None Hint 26. Features of Formal Organisation:? Formed by employees for social interaction and personal needs 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 None Hint 27. 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 28. What is Organisation The informal communication among employees in a company 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 None Hint 29. Main Factors Affect Business Environment ? Production methods and product quality only Only economic and legal factors Consumers, Competitors, Suppliers, Government, Social & Political, Legal & Technological factors Only internal management and leadership None Hint 30. What are the objectives of financial management? To avoid any kind of financial planning. To focus only on short-term profits without concern for risk. 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. None Hint 31. 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 32. what are the Advantages of Multinational Corporations:? 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 Increase in domestic monopolies and cultural isolation None Hint 33. Define selection? The process of choosing the most suitable person from among the list of interested candidates The process of conducting training for all employees The process of assigning job responsibilities to managers The process of advertising job vacancies None Hint 34. What is informal organisation? A system of strict rules and procedures enforced by top management A structure created by the government to manage public services An official hierarchy that defines duties and responsibilities A network of personal and social relationships not established or required by the formal organisation None Hint 35. What are the Merits of Joint Stock Company:? 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 Unlimited liability, Single ownership, Limited resources, Tax burden None Hint 36. 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 37. 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 38. what are the major Types of Planning ? Individual planning, Group planning, National planning, International planning Government planning, Private planning, Foreign planning, Local planning Strategic planning, Tactical planning, Operational planning, Financial planning Cooperative planning, Functional planning, Formal planning, Informal planning None Hint 39. 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 Marketing and advertising strategies used by companies Only the election process in a country None Hint 40. Features of Business Environment ? Business environment is always stable and consistent Business environment is controlled entirely by the organization Business environment is dynamic, unpredictable, and varies by place and time Business environment affects only large enterprises None Hint 41. What is informal communication? Communication used only in written formats Communication strictly controlled by management Communication that occurs independently of the official line of communication Communication through formal notices and circulars only None Hint 42. Explain the essentials of a sound financial plan? 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. It should ignore future goals and prioritize immediate spending. None Hint 43. 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 44. 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 45. types of compay from of Business Organizations:? Sole Proprietorship, Partnership, Franchise, Corporation Proprietorship, Corporation, Multinational Company, Joint Venture Sole Proprietorship, Partnership, Private Company, Public Company Sole Proprietorship, Partnership, Joint Hindu Family Business, Cooperative Society None Hint 46. what are the Limitations of Multinational Cooperation? Provides employment, protects environment, supports local ownership Encourages savings and protects small businesses Change in culture, least concern with host country’s priorities, adverse effects on domestic enterprises Boosts local industries and promotes cultural values None Hint 47. 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 Informal discussions between friends at work Random sharing of ideas without any structure None Hint 48. Main Importance of Planning? Avoids control and discourages coordination Reduces uncertainty, guides decision-making, and helps achieve coordination and control Limits managerial freedom and increases unpredictability Creates confusion and increases operational risks None Hint 49. what is Social Environment? Social factors like customs, traditions, values, beliefs, poverty, and education level prevalent in society Only the legal rules affecting businesses The machinery and equipment used in business operations The structure of a company’s management team None Hint 50. What are the major types of long term source of finance? 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. Capital market, special financial institutions, mutual funds, and leasing companies. 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
