Business Studies Nios plus two II Welcome to your Business Studies Nios plus two II Total Questions: 50 Name Mobile No: 1. Explain Job Analysis? To identify the qualifications, skills, and experience required for various categories of employees To assign financial budgets to departments To calculate the salaries of employees To determine the market demand for products None Hint 2. what is Economic Environment ? Only the laws regulating business activities 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 None Hint 3. 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 4. what are the Features of Planning? Planning deals only with financial decisions. 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. None Hint 5. 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. A place where only commodities like grains and spices are traded. An informal group of people trading products in a local market. None Hint 6. Explain the importance of directing function? It is used only for controlling financial activities It may be regarded as the heart of the management process, as all performance revolves around it It is mainly concerned with machine maintenance and repair It is optional and not essential in large organisations None Hint 7. what is Social Environment? The structure of a company’s management team Only the legal rules affecting businesses The machinery and equipment used in business operations Social factors like customs, traditions, values, beliefs, poverty, and education level prevalent in society None Hint 8. What is financial planning? Random decision-making in financial matters. A systematic way of deciding and acting purposefully in financial matters. A method of estimating expenses without any structure. Planning only for business expansion without considering finances. None Hint 9. What is long term source of finance? Money raised through daily sales. 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. None Hint 10. What are the Merits of Joint Stock Company:? Partnership control, Easy formation, Direct personal contact, Family ownership Quick decisions, Limited capital, High risk, No legal status Limited liability, More financial resources, Large-scale production benefits, Tax benefits Unlimited liability, Single ownership, Limited resources, Tax burden None Hint 11. What are the characteristics of controlling? It only focuses on future goals and not performance. 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. None Hint 12. what are the major Types of Planning ? Individual planning, Group planning, National planning, International planning Strategic planning, Tactical planning, Operational planning, Financial planning Cooperative planning, Functional planning, Formal planning, Informal planning Government planning, Private planning, Foreign planning, Local planning None Hint 13. What is Business Environment? A company's marketing strategy Only the political factors affecting business decisions The economic activities within a company The combination of internal and external factors influencing a business None Hint 14. What is Organisation The process of making financial investments and analyzing profits The process of hiring employees without assigning duties 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 None Hint 15. 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 ensure continuous availability of sufficient funds at reasonable cost, effective utilization of funds, and safety of funds. To avoid any kind of financial planning. None Hint 16. Examples of Statutory Companies:? Tata Motors and Infosys LIC and Unit Trust of India Nestle India and Maruti Suzuki Reliance Industries and HDFC Bank None Hint 17. Define supervision? Planning company goals and policies Hiring new employees for the organisation Conducting market surveys and analysis Refers to instructing, guiding, and assisting workers towards better performance None Hint 18. What are the 3 types of financial management? Accounting, Auditing, Budgeting Marketing, Sales, Investment Investment Decisions, Financing Decisions, Dividend Decisions Assets Management, Risk Management, Tax Planning None Hint 19. 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 Random sharing of ideas without any structure Informal discussions between friends at work None Hint 20. what are the Merits of Functional Organisation? Centralized control, limited specialization, and slow decision-making One-man control, undefined roles, and minimal coordination Informal communication, minimal supervision, and no specialization Division of labour, higher efficiency, scope for expansion, and ease of implementation and control 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 is Political Environment? 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 The laws and acts passed by courts None Hint 23. 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 24. Features of Formal Organisation:? Formed by employees for social interaction and personal needs Controlled by top management, based on division of labor and specialization, and developed through delegation of authority Informal communication, spontaneous structure, and flexible roles Absence of hierarchy, group leadership, and unassigned roles None Hint 25. what are the Advantages of Multinational Corporations:? Increase in domestic monopolies and cultural isolation Investment of foreign capital, generation of employment, bridging the gap between saving and investment Encouragement of black money and tax evasion Exploitation of local resources and reduction in employment None Hint 26. What is coordination? To ensure unity of action and harmony among activities To increase employee salaries To reduce the number of departments To hire new employees None Hint 27. 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 28. What is staffing? 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 The process of purchasing materials and equipment None Hint 29. Define of Joint Stock Company: ? A government department involved in trade A private business owned by a single individual 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 30. define Business Ethics ? 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 Marketing strategies used to attract customers None Hint 31. In which year Company Act was established? 1961 1956 1947 1950 None Hint 32. Main Factors Affect Business Environment ? Consumers, Competitors, Suppliers, Government, Social & Political, Legal & Technological factors Production methods and product quality only Only internal management and leadership Only economic and legal factors None Hint 33. What is controlling? Hiring and training new employees Assigning tasks to employees and motivating them Planning future activities of the organization Evaluating actual performance against planned standards and taking corrective action None Hint 34. What is informal organisation? A structure created by the government to manage public services 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 An official hierarchy that defines duties and responsibilities None Hint 35. What is Recruitment? The process of terminating unproductive employees 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 None Hint 36. write the Various Processes of Organizing? Recruitment, selection, promotion, and termination Identification of work, grouping activities, assigning responsibilities, and granting authority Budgeting, financing, marketing, and auditing Delegation, discipline, punishment, and rewards None Hint 37. Main Importance of Planning? Avoids control and discourages coordination Creates confusion and increases operational risks Limits managerial freedom and increases unpredictability Reduces uncertainty, guides decision-making, and helps achieve coordination and control None Hint 38. 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 39. Define manpower planning? The process of outsourcing jobs to external agencies 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 None Hint 40. How does coordination help in management? It creates confusion among employees It ensures systematic performance and avoids conflicts and delays It increases the workload of managers It only helps in financial planning None Hint 41. what are the Features of planning? Being informal, spontaneous, and not required at all levels Being a financial tool, backward-looking, and department-specific Being the primary function of management, goal-oriented, pervasive, and futuristic Being optional, reactive, limited to top management, and unrelated to goals None Hint 42. What is Natural Environment? The office design and furniture used in a company Employee behavior and company culture Government policies and tax systems Geographical and ecological factors like natural resources, weather, and climate that influence business operations None Hint 43. 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 44. _____________are the Factors affect / depend economic environment:? Only the technology used by a business Social media trends and brand design Only the political party in power The country’s economic conditions, government economic policies, and nature of the economic system None Hint 45. What are the major types of long term source of finance? Savings accounts, pocket money, gift cards, and vouchers. Money borrowed from employees, suppliers, customers, and retailers. Capital market, special financial institutions, mutual funds, and leasing companies. Daily sales, short-term bank loans, credit cards, and petty cash. None Hint 46. Social Responsibility of Business towards share holders & creditors ? Ensuring investment safety, giving fair dividends, and providing accurate financial information regularly Spending more on advertising Focusing only on profit-making without communication Increasing the number of employees regardless of need None Hint 47. 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 48. Explain the essentials of a sound financial plan? It must be simple, take a long-term view, and be flexible. 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. None Hint 49. what are the Limitations of Multinational Cooperation? Provides employment, protects environment, supports local ownership 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 None Hint 50. types of compay from of Business Organizations:? Sole Proprietorship, Partnership, Franchise, Corporation Sole Proprietorship, Partnership, Private Company, Public Company Proprietorship, Corporation, Multinational Company, Joint Venture Sole Proprietorship, Partnership, Joint Hindu Family Business, Cooperative Society 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
