Business Studies Class 12 Revision

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Questions and Answers

A company decides to heavily invest in employee training and development programs. What is the MOST likely strategic objective the company is trying to achieve?

  • Improving short-term profitability by reducing errors.
  • Enhancing the company's long-term competitive advantage. (correct)
  • Ensuring compliance with the latest labor laws.
  • Minimizing operational costs associated with recruitment.

A business is experiencing high employee turnover in its marketing department. Which action would be MOST effective in addressing the root cause of this issue?

  • Implementing stricter performance monitoring systems.
  • Conducting exit interviews to understand reasons for departure and implementing changes. (correct)
  • Increasing the frequency of team-building activities.
  • Offering across-the-board salary increases to all marketing employees.

A company is considering expanding its operations into a new international market. What is the MOST important factor to consider during the planning phase?

  • The socio-cultural and economic environment of the new market. (correct)
  • The existing relationships with international suppliers.
  • The availability of local raw materials.
  • The current marketing strategies of competitors in that market.

Which of the following BEST describes the role of the Securities and Exchange Board of India (SEBI)?

<p>Protecting the interests of investors in the securities market. (C)</p> Signup and view all the answers

A company has a strong financial position but struggles with innovation and adapting to technological changes. Which strategy would be MOST beneficial for them?

<p>Investing heavily in research and development and fostering a culture of innovation. (A)</p> Signup and view all the answers

A firm is deciding whether to use debt or equity to finance a major expansion. Under what condition would using debt be the MORE advantageous option?

<p>When the firm expects to generate returns on the investment that substantially exceed the cost of debt. (A)</p> Signup and view all the answers

A company is launching a new product with innovative features. Which promotional strategy would be MOST effective in creating initial awareness and generating interest among potential customers?

<p>Implementing a targeted digital marketing campaign focusing on the product’s unique benefits. (B)</p> Signup and view all the answers

A manufacturing company wants to improve its supply chain efficiency. Which approach would provide the MOST comprehensive benefits?

<p>Integrating technology to track and manage inventory and coordinate with suppliers. (A)</p> Signup and view all the answers

A retail store observes a decline in sales during a period of economic growth in the country. What is the MOST likely reason for this?

<p>Increased competition and changing consumer preferences. (C)</p> Signup and view all the answers

How can a business MOST effectively use data analytics to improve its decision-making processes?

<p>By using data to identify trends, predict future outcomes, and optimize strategies. (D)</p> Signup and view all the answers

Flashcards

What is Business Studies?

Business Studies is an academic subject that studies various aspects of running and managing a business.

What is Management?

Management is the process of planning, organizing, staffing, directing, and controlling resources to achieve organizational goals.

What is planning?

Planning involves setting organizational goals and deciding how to achieve them.

What is Organizing?

Organizing involves arranging resources and activities to achieve organizational goals.

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What is Directing?

Directing involves guiding and motivating employees to achieve organizational goals.

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What is Controlling?

Controlling involves monitoring performance and taking corrective action as needed to ensure that organizational goals are achieved.

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Study Notes

  • A complete revision of Business Studies for Class 12 is provided.
  • The revision covers the full syllabus in one shot.
  • The video was streamed live on Feb 3, 2025.
  • Edu Aditya has 172K subscribers.
  • The video includes links to Education Baba App, Instagram, Telegram Group and Facebook page.

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