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 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 2. What is controlling? Assigning tasks to employees and motivating them Hiring and training new employees Evaluating actual performance against planned standards and taking corrective action Planning future activities of the organization None Hint 3. 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 4. 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 5. 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 deals only with financial decisions. Planning is random and does not require a specific course of action. None Hint 6. What are the 3 types of financial management? Accounting, Auditing, Budgeting Assets Management, Risk Management, Tax Planning Investment Decisions, Financing Decisions, Dividend Decisions Marketing, Sales, Investment None Hint 7. 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 8. 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 9. What is coordination? To ensure unity of action and harmony among activities To hire new employees To reduce the number of departments To increase employee salaries None Hint 10. In which year Company Act was established? 1950 1947 1961 1956 None Hint 11. types of compay from of Business Organizations:? Sole Proprietorship, Partnership, Private Company, Public Company Sole Proprietorship, Partnership, Joint Hindu Family Business, Cooperative Society Proprietorship, Corporation, Multinational Company, Joint Venture Sole Proprietorship, Partnership, Franchise, Corporation None Hint 12. What is Organisation The informal communication among employees in a company 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 None Hint 13. 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 14. Explain Job Analysis? 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 To calculate the salaries of employees None Hint 15. Define of Joint Stock Company: ? A private business owned by a single individual 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 non-profit organization controlled by the state None Hint 16. 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 Marketing strategies used to attract customers Government rules for registering a company None Hint 17. what are the Advantages of Multinational Corporations:? Exploitation of local resources and reduction in employment Encouragement of black money and tax evasion Increase in domestic monopolies and cultural isolation Investment of foreign capital, generation of employment, bridging the gap between saving and investment None Hint 18. Features of Business Environment ? Business environment affects only large enterprises 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 None Hint 19. What is informal organisation? 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 A system of strict rules and procedures enforced by top management None Hint 20. What is informal communication? Communication strictly controlled by management Communication used only in written formats Communication that occurs independently of the official line of communication Communication through formal notices and circulars only None Hint 21. Explain the essentials of a sound financial plan? It must follow a fixed pattern without room for changes. It should be complex, rigid, and focus only on short-term gains. It should ignore future goals and prioritize immediate spending. It must be simple, take a long-term view, and be flexible. None Hint 22. 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 23. What are the characteristics of controlling? 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. It only focuses on future goals and not performance. None Hint 24. 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 25. 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. Loans taken from friends for emergencies. Money raised through daily sales. None Hint 26. Define selection? The process of conducting training for all employees The process of assigning job responsibilities to managers The process of advertising job vacancies The process of choosing the most suitable person from among the list of interested candidates None Hint 27. What are the essential requirements of a good control system? Controlling is based on planning, is continuous in nature, and action-oriented. Controlling is planning-focused and theoretical only. Controlling is independent of planning and occurs only once. Controlling is random and does not require action. None Hint 28. 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 29. 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 Unlimited liability, Single ownership, Limited resources, Tax burden Partnership control, Easy formation, Direct personal contact, Family ownership None Hint 30. What is financial planning? Random decision-making in financial matters. 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. None Hint 31. 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 32. Main Importance of Planning? Reduces uncertainty, guides decision-making, and helps achieve coordination and control Limits managerial freedom and increases unpredictability Creates confusion and increases operational risks Avoids control and discourages coordination None Hint 33. Define manpower planning? The process of estimating the manpower requirement for an organisation The process of training existing staff for promotions The process of outsourcing jobs to external agencies The evaluation of employee performance after recruitment None Hint 34. What is formal communication? Random sharing of ideas without any structure Informal discussions between friends at work Communication that happens only during social events The path or channel of communication based on the status established formally by the management None Hint 35. What is the importance of financial planning? 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. It discourages saving and long-term investment. None Hint 36. what is Economic Environment ? Set of technological tools used in business Only the laws regulating business activities Internal structure of an organization Economic environment is closely inter-related with business and determines opportunities and threats None Hint 37. What is staffing? The process of preparing financial reports and budgets 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 None Hint 38. Social Responsibility of Business towards share holders & creditors ? Focusing only on profit-making without communication Spending more on advertising Increasing the number of employees regardless of need Ensuring investment safety, giving fair dividends, and providing accurate financial information regularly None Hint 39. 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 Boosts local industries and promotes cultural values Encourages savings and protects small businesses None Hint 40. How does coordination help in management? It ensures systematic performance and avoids conflicts and delays It increases the workload of managers It creates confusion among employees It only helps in financial planning None Hint 41. What is stock exchange/stock market? 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 place where only commodities like grains and spices are traded. A bank that gives out loans and accepts deposits. None Hint 42. 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 43. Examples of Statutory Companies:? Tata Motors and Infosys Reliance Industries and HDFC Bank Nestle India and Maruti Suzuki LIC and Unit Trust of India None Hint 44. What are the major types of long term source of finance? Savings accounts, pocket money, gift cards, and vouchers. Daily sales, short-term bank loans, credit cards, and petty cash. Capital market, special financial institutions, mutual funds, and leasing companies. Money borrowed from employees, suppliers, customers, and retailers. None Hint 45. Define communication? The method of assigning salaries to employees The system of purchasing raw materials The process of transmitting and receiving ideas accurately The process of storing company data None Hint 46. what are the Features of planning? Being a financial tool, backward-looking, and department-specific Being informal, spontaneous, and not required at all levels Being the primary function of management, goal-oriented, pervasive, and futuristic Being optional, reactive, limited to top management, and unrelated to goals None Hint 47. write the Various Processes of Organizing? Recruitment, selection, promotion, and termination Identification of work, grouping activities, assigning responsibilities, and granting authority Delegation, discipline, punishment, and rewards Budgeting, financing, marketing, and auditing None Hint 48. _____________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 political party in power Only the technology used by a business None Hint 49. what is Social Environment? The structure of a company’s management team 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 None Hint 50. What is Business Environment? The economic activities within a company Only the political factors affecting business decisions A company's marketing strategy The combination of internal and external factors influencing a business 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
