Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

CUET Mock Tests > Business Studies > Flashcards

Business Studies Flashcards

1
Q

According to this principle of scientific management, “Scientific management has for its foundation the firm conviction that true interest of the management and workers are one and same; the prosperity for the employer cannot exist for the employer cannot exist for a long time unless it is accompanied by prosperity for the employees and vice versa.”

A

Harmony, not discord

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Which of the following does not apply to Principles of Management?
A) Applicable in large firms
B) Formed by practice and experimentation
C) Flexible
D) Contingent

A

Applicable in large firms

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Which of the following quality a manager must possess to succeed in planning?
A) Reflective Thinking
B) Imagination
C) Foresight
D) All of these

A

All of these

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Under which environment effect, IBM and Coca-Cola had to leave India?

A

Political

(Multinational corporations were urged to invest in India by the new government.
As a result, the entrances to the environmental impact.
Accordingly, Coca-Cola and IBM left the. Indian market once again arrived at the market. )

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

The principles are guidelines to action but do not provide readymade, straitjacket solutions to all managerial problems. This is so because.

A

Real business situations are very complex and dynamic and are a result of many factors.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

The principles of management are said to be flexible as

A

They can be modified by the manager when the situation so demands.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

National Vritech Ltd. has grown in size. It was a market leader but with changes in business environment and with the entry of MNCs, its market share is declining. To cope up with the situation, the CEO starts delegating some of his authority to the General Manager, who also felt himself overburdened and with the approval of CEO disperses some of his authority to various levels throughout the organisation. Identify the concept of management discussed above
A) Delegation
B) Decentralization
C) Both (a) and (b)
D) None of these

A

Both (a) and (b)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What stage does the requisition of employees occupy in the process of recruitment?

A

First

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Which of the following capital structure consist of zero debt components in the structure mix?
A) Pyramid Shaped Capital Structure
B) Inverted Pyramid Shaped Capital Structure
C) Horizontal Capital Structure
D) Vertical Capital Structure

A

Horizontal Capital Structure

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Which of the following is a short term borrowing instrument issued by the Government of India and It is also known as zero coupon bonds?

A

Treasury Bills

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Which of the following reasons is not responsible for the ups and downs in the Sensex?
1) Rain
2) Monetary policy
3) Political instability
4) None of the above

A

None of the above

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Identify the style of leadership in which the superior uses file forces from within the groups in order to establish control.

A

Democratic leadership

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Assertion: in any organisation coordination is required so that production and sales departments can work hand in han
Reason: coordination integrates group effort

A

Both assertion and reason are true but reason is not the correct explanation for assertion.
(The reason for the given assertion is that coordination ensures unity of action it acts as a binding force between departments)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

It is a common view that efficient management always satisfies its employees which point of feature of management is discussed here

A

Intangible force

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Levels of management in a organisation serve as a ________ line among the different managerial posts

A

Dividing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Principles of scientific management are universally applicable

A

False

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

The technique of mental revolution is derived from the scientific principle of cooperation not individualism given by Taylor

A

Partially false

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Gang plank permits direct communication between

A

Employees working at the same level

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Assertion: Unity of command with the objective of one head one plan ensures unity of action and coordination
Reason: as dual subordination is awarded through unity of command there is no confusion regarding the task to be done

A

Assertion is false but reason is true
(It is unity of direction and not the unity of command which ensures unity of action and coordination as its objective is one head one plan unity of command talks about one person one boss)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

According to tailor they are should be almost equal division of work and responsibility between workers and management

A

Yes, principle of corporation at individualism says so.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

Who coined the metaphor “Invisible hand” in the Theory of Moral Sentiments?

A

Adam Smith

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

By extension of control means:

A

A senior officer can control only a limited number of executives.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

_______ gains potency as it is handed down from generation to generation.

A

Society

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

The challenge of creating team players will be greatest where the national culture is __________.

A

individualistic

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
Q

Managerial Grid suggests the following as the best leader behaviour :

A

High concern both for production and people

26
Q

The major functions in business organizations are:

A

Overlapping
(For theoretical purposes, it may be convenient to separate the function of management but practically these functions are overlapping in nature i.e. they are highly inseparable. Hence, Option 1 is correct.)

27
Q

Working capital requirements are low when an organisation has

A

high creditors

28
Q

The recruitment process starts with:

A

Recruitment Planning

29
Q

Aditi applied for the post of an art and craft teacher in a reputed school in Delhi. After successfully clearing the tests and the interview, she was offered an employment contract containing the terms and conditions, and the date of joining. Identify the steps in the staffing selection process being described in the above lines.

A

Job offer

30
Q

Management is an organ, organs can be described and defined only through their functions. This definition was given by ____________.

A

Peter F. Drucker

31
Q

The term ‘redeemable’ is used for

A

Preference shares

32
Q

SEBI has constituted a committee under TK Viswanathan for ________.

A

Fair market conduct

33
Q

What is Call Money?

A

It is an overnight loan in the Money Market

34
Q

Recruitment is a _______process.

A

Positive

35
Q

Arrange the following steps involved in the process of financial planning in the correct sequence.

A

Preparation of a sales forecast, Preparation of financial statements, Estimation of expected profit

36
Q

Commercial paper can be issued,

A

By all corporates with net worth of atleast Rs. 4 crore

37
Q

When Nina was not given the position of the plot by the builder even though she gave the full price of the plot as per the terms and conditions of the allotment letter she find a case in the state commission identify the right of consumer being exercise in the given case

A

Right to be heard

38
Q

It is suitable for filling casual vacancy when workload is high or when certain number of permanent employees are absent

A

Direct recruitment

39
Q

Indian entrepreneurship development institute is located in

A

Ahmedabad

40
Q

Which is a behaviour that is not associated with successful entrepreneurship

A

Running your business on day to day basis

41
Q

Treasury bill is considered as negotiable instrument

A

because it is freely transferable and guarantees the payment of a specific amount of money through demand or after stipulated time.

42
Q

Why should decentralization be implemented with coution

A

As it can cause disintegration of the organisation

43
Q

Under which condition will the company will not be able to provide high level of customer service

A

When it maintains low level of inventory

44
Q

Write of consumer protection are protected under

A

Consumer protection act 1986

45
Q

In under developed countries local mobile phone companies use the same technology used by big companies to manufacture their products which of the following types of entrepreneurship is highlighted in the above case

A

Imitative entrepreneurship

46
Q

Name the country in which management is accepted as a profession

A

America and Japan

47
Q

Individuals opting for a career in the periodship are ready to take risk the depth of that risk is

A

High

48
Q

Which of the following sentences is inconsistent in the context of entrepreneurs

A

He operates production activities

49
Q

What is the new claim range in all the consumer courts

A

District commission: up to 50 lacs
State commission: 50 lacs to 2 crore
National commission: above 2 crore

50
Q

In case of consumer not being satisfied with the order past in the state commission he can for the make an appeal in the National commission within the time period of

A

30 days

51
Q

Organising stimulates creativity among the managers

A

True

52
Q

After a trade has when executed the broker issues a contract note to the investor within

A

24 hours

53
Q

Which of the following is not a disadvantage of formal organisation
a) lack of incentive initiative b) delay in the work
c) lack of favouriteism
d) mechanical relationship

A

Lack of favouriteism

54
Q

Mitali limited has hired 500 salesman who will be assigned the task of contacting perspective buyers and creating awareness about the new range of organic soaps introduced by the company identify the element of promotion being described in the given lines

A

Personal selling

55
Q

Name the decision which affects both profitability and financial risk
A) Financial planning decision
B) Capital budgeting decision
C) Capital structure decision
D) All of the above

A

All of the above

56
Q

According to henry fayol if this principal of general management is violated, authority is undermined, discipline is in jeopardy, the order is disturbed and stability is threatened identify the principal

A

Unity of command

57
Q

State true or false
there is a direct relationship between call rates and other short term money market instruments

A

False

58
Q

Communication is a process by which people create in share information with one another in order to reach common understanding the definition was given by

A

Everett Rogers and D. Lawrence Kincaid (1981)

59
Q

What are trait theories

A

Approach to the study of human personality

60
Q

It means the process of making subordinate act in a desired manner to achieve certain organisational

A

Motivation

61
Q

Who said “management is a multiple purpose organ that manages a business, manages a manager and manages workers and work”

A

Peter Drucker

CUET Mock Tests (4 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions