Business Studies Nios plus two II Welcome to your Business Studies Nios plus two II Total Questions: 50 Name Mobile No: 1. 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 2. what is Internal Planning & External Planning? Internal planning is done by government bodies, external by private companies 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 premises include men, money, machine, material, and methods; external planning premises include technology changes, population growth, government policies, and price levels None Hint 3. 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 4. What are the 3 types of financial management? Assets Management, Risk Management, Tax Planning Investment Decisions, Financing Decisions, Dividend Decisions Accounting, Auditing, Budgeting Marketing, Sales, Investment None Hint 5. 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 6. 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 7. 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 Provides employment, protects environment, supports local ownership Boosts local industries and promotes cultural values None Hint 8. What is Recruitment? The process of assigning tasks to current staff 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 terminating unproductive employees None Hint 9. 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 10. What is informal communication? Communication strictly controlled by management Communication that occurs independently of the official line of communication Communication used only in written formats Communication through formal notices and circulars only None Hint 11. 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 12. Define manpower planning? The process of training existing staff for promotions The evaluation of employee performance after recruitment The process of outsourcing jobs to external agencies The process of estimating the manpower requirement for an organisation None Hint 13. what is Economic Environment ? Economic environment is closely inter-related with business and determines opportunities and threats Set of technological tools used in business Internal structure of an organization Only the laws regulating business activities None Hint 14. What is Organisation The process of dividing work into tasks, grouping them into posts, delegating authority, and appointing qualified staff 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 None Hint 15. What is financial planning? Planning only for business expansion without considering finances. A systematic way of deciding and acting purposefully in financial matters. Random decision-making in financial matters. A method of estimating expenses without any structure. None Hint 16. Explain the essentials of a sound financial plan? 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. It should be complex, rigid, and focus only on short-term gains. None Hint 17. What are the major types of long term source of finance? Savings accounts, pocket money, gift cards, and vouchers. Capital market, special financial institutions, mutual funds, and leasing companies. Daily sales, short-term bank loans, credit cards, and petty cash. Money borrowed from employees, suppliers, customers, and retailers. None Hint 18. What is controlling? Planning future activities of the organization Hiring and training new employees Evaluating actual performance against planned standards and taking corrective action Assigning tasks to employees and motivating them None Hint 19. 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 discourages saving and long-term investment. It helps to estimate accurate requirement of funds, ensures proper utilization, and avoids shortage or surplus of funds. None Hint 20. 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 21. What is formal communication? Random sharing of ideas without any structure 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 None Hint 22. Social Responsibility of Business towards share holders & creditors ? Spending more on advertising 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 None Hint 23. what is Political Environment? The laws and acts passed by courts Marketing and advertising strategies used by companies The nature of the government, its attitude and policies toward the business community, and trade unionism Only the election process in a country None Hint 24. what are the Features of Planning? Planning deals only with financial decisions. 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 is random and does not require a specific course of action. None Hint 25. 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 26. What is Business Environment? Only the political factors affecting business decisions The economic activities within a company A company's marketing strategy The combination of internal and external factors influencing a business None Hint 27. Explain Job Analysis? To assign financial budgets to departments To determine the market demand for products To calculate the salaries of employees To identify the qualifications, skills, and experience required for various categories of employees None Hint 28. 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 ensure maximum spending of funds regardless of returns. To avoid any kind of financial planning. To focus only on short-term profits without concern for risk. None Hint 29. _____________are the Factors affect / depend economic environment:? 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 Social media trends and brand design None Hint 30. Define of Joint Stock Company: ? 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 A private business owned by a single individual A government department involved in trade None Hint 31. Explain the importance of directing function? 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 It may be regarded as the heart of the management process, as all performance revolves around it None Hint 32. 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. A bank that gives out loans and accepts deposits. An association or organization established to assist, regulate, and control the buying, selling, and dealing of securities. None Hint 33. Main Factors Affect Business Environment ? Consumers, Competitors, Suppliers, Government, Social & Political, Legal & Technological factors Only economic and legal factors Only internal management and leadership Production methods and product quality only None Hint 34. 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 35. What are the Merits of Joint Stock Company:? Limited liability, More financial resources, Large-scale production benefits, Tax benefits 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 None Hint 36. 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 Centralized control, limited specialization, and slow decision-making Informal communication, minimal supervision, and no specialization 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. 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 39. What is long term source of finance? 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. Money raised through daily sales. None Hint 40. types of compay from of Business Organizations:? Sole Proprietorship, Partnership, Franchise, Corporation Sole Proprietorship, Partnership, Joint Hindu Family Business, Cooperative Society Proprietorship, Corporation, Multinational Company, Joint Venture Sole Proprietorship, Partnership, Private Company, Public Company None Hint 41. Features of Formal Organisation:? 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 Informal communication, spontaneous structure, and flexible roles Absence of hierarchy, group leadership, and unassigned roles None Hint 42. Features of Business Environment ? Business environment is always stable and consistent Business environment is controlled entirely by the organization Business environment affects only large enterprises Business environment is dynamic, unpredictable, and varies by place and time None Hint 43. What is staffing? 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 The process of purchasing materials and equipment None Hint 44. In which year Company Act was established? 1961 1947 1956 1950 None Hint 45. What is informal organisation? 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 A structure created by the government to manage public services None Hint 46. 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 47. what is Social Environment? The machinery and equipment used in business operations The structure of a company’s management team Only the legal rules affecting businesses Social factors like customs, traditions, values, beliefs, poverty, and education level prevalent in society None Hint 48. 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 49. write the Various Processes of Organizing? Identification of work, grouping activities, assigning responsibilities, and granting authority Delegation, discipline, punishment, and rewards Recruitment, selection, promotion, and termination Budgeting, financing, marketing, and auditing None Hint 50. What is Natural Environment? The office design and furniture used in a company Government policies and tax systems Employee behavior and company culture Geographical and ecological factors like natural resources, weather, and climate that influence business operations 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
