Commerce (English Medium) कक्षा १२ - CBSE Question Bank Solutions for Business Studies

State the meaning of controlling.

Explain any three principles of Directing.

Give any two standards that can be used by a company to evaluate the performance of its Finance & Accounting department.

Which term is used to indicate the difference between standard performance and actual performance?

'An effort to control everything may end up in controlling nothing'. Explain.

Answer the following question.
What is meant by the 'Allocative Function' of Financial Markets?

Answer the following question.
How does Financial Market facilitate the 'Price Discovery' of financial assets?

Answer in brief.

State any four functions of the financial market.

“Measurement of a company’s progress may involve calculation of certain ratios like gross profit ratio, net profit ratio, and return on investment etc. at periodic intervals”. Identify the function of management involved in the above context. Also briefly explain the step in the process of the identified function discussed above.

Vansh Limited is a large and reputed company which manufactures ventilators. After the outbreak of ‘COVID-19’ in 2020 the company witnessed an increase in revenue by 40%. It has plans to further increase its production capacity and also start production of PPE kits, sanitisers and masks in 2022. The Finance manager of the Company Mr. Rajiv feels confident about the future of the company and its liquidity position. Discuss the meaning of Dividend Decision and in the light of the above statement explain any two factors which should be considered by ‘Vansh Limited’ while formulating the dividend policy of the company.

Raman and Vasudev were two employees who were embezzling an import-export company in Varanasi where they were working. The finance manager of the company Sampat Singh became suspicious of the two employees when he realized that their activities were not being performed as per the plans. He installed a software program that could secretly log every single stroke of the suspects’ computer keys and send an encrypted email report to the Cyber police. The police were able to catch the two dishonest employees red handed and arrest them. Identify the function of management being discussed above.

Match the various terms of Financial Markets Column - I with their respective Statements in Column - II

What is meant by the financial market?

One of the functions of management completes one cycle of the management process and improves planning in the next cycle in light of the problems that were identified in the existing plans.

Identify and state the function of management discussed above.

Whether the decisions have been translated into desired actions or not' can be confirmed by performing which of the following functions of management?

The allocative function of Financial market helps in ______.

Explain the following features of directing.

1. Directing initiates action
2. Directing is a continuous process

'Management is the process of getting things done.' State the meaning of the term 'process' used in this statement.

Explain any three features of 'Planning.'

'Is Management concerned only with doing the right task, completing activities and achieving goals without taking into consideration the cost benefit?' Give reason in support of your answer.