CBSE Class 12 Business Studies: Exam Prep

A consumer purchases a faulty product. Under the Consumer Protection Act, which of the following is their primary right?

Formal organizations primarily rely on established rules and procedures, while informal organizations are characterized by spontaneous relationships.

What is the primary goal of the 'directing' element of management?

Effective financial planning primarily focuses on optimizing the use of ______ to achieve long-term goals.

Match the following factors with their potential impact on the choice of capital structure:

Which of the following best describes the primary focus of the CBSE Class 12 Business Studies board exam?

The 'Business Environment' only includes factors internal to a company's operations.

What is the purpose of the 'organizing' function in management?

The management function that involves monitoring organizational performance and taking corrective action is known as ______.

Which management principle involves deciding in advance what to do, how to do it, when to do it, and who is to do it?

Which of the following is NOT a component of the 'Directing' function of management?

Match the following management functions with their primary activity:

Why are case studies important in the Business Studies exam?

Which of the following best describes the primary focus of marketing management?

Taylor's principles of management are focused on modern business ethics rather than efficiency.

What is delegation in the context of organizational structure, and why is it important?

The marketing mix consists of the 4 P's: Product, Price, ________, and Promotion.

Match the following management functions with their descriptions:

Which of the following is NOT a key element of directing?

Financial planning primarily focuses on day-to-day operational expenses rather than long-term investment strategies.

Briefly explain the relationship between planning and controlling in the management process.

A __________ organization is characterized by a well-defined structure, with clear lines of authority and responsibility.

Which environmental factor is NOT typically considered when analyzing the business environment?

Consumer protection primarily focuses on safeguarding the interests of businesses rather than individual consumers.

What are the key components of the staffing process?

___________ is the process of identifying and attracting potential employees to apply for job openings within an organization.

Which aspect of financial management deals with determining the optimal mix of debt and equity to finance a company's assets?

Decentralization in an organization typically leads to slower decision-making processes due to increased bureaucracy.