MODEL OBJECTIVE TYPE QUESTION PAPER
unit 4 Business studies[ planning objective type questions]


1.Dreams can be turned to reality if business thinks in advance what to do and how to do.  [planning]
2.Increasing sales be 10% is an important type of plan . Identify the type of plan [Objectives]
3 Name the type of plan which refers to future decisions defining the organizations direction and scope in the long run [ Strategies]
4.What is the last step involved in the process of planning ?[1.selecting an alternative  2. Implement the plan 3. Follow-up action 4. Setting objectives]
5. Name the type of plan which defines the formal parameters which the managers may function. [policies ]
6.Name the type of plan which reflects the managerial decision that a certain action must or must not be taken [a.Policies b. Procedures c.strategies d. Rules]
7.'Planning is the most challenging activity for the management ' Why
Because planning guides all future actions leading to growth and prosperity of the business .
8.What is meant by 'pervasiveness of planning' ?
Planning is pervasive. It implies that planning is required at all levels of management as well as in all departments of the organization.
9.Define planning premises ?
Assumptions and estimation about  future plan called planning premises
10. Name the two types of plan s occupying top positions s [a. Objectives b. Strategies]
11.'Panning provides Direction,' State two benifits derived from it.
      BY stating in advance what to be done (i.E,Objectives) and how to do it (i.e, ways of achieving                the objectives),planning provides directions for action.
12. 'Planning always leads to success' Do U  agree?
       No,We don't agree ,the suden change in external envirolment aduvesely effect the plan success.
13.Give two features of an ideal plan
     The Ideal Plan is the mostfeasible ,profitable and with least negative consequences.
14.How are procedure related to a Policy and Objectives ?
     Procedure are sequence of steps or actions to be enforce a policyand attain pre-determined                   objectives.
    1. Objective--: Target production of 1,00,000 vehicle p/m
     2.Policy :-Recruitment Policy
      3. Procedure :- Selection Procedure
15.Strategy Is comprehensive Plan Which includes three dimentions .Enumerate Them
      (I)  Determining long -term objectives
        2) Adopting a particular course of action
        3) Allocating to achieves the objectives
16. Name the type plan which provides a basis for interpreting the strategy
       {Policies}
17. How are policies and procedure interlinked to each other ?
       Procedures are steps to carried out with in a broad policy frame work.
18. Name the type of Plan which is also a control device from which deviation can be taken care of.
      (Budget) -Because Making a Budget Involves Forecasting.
19. What is the basis for formulation of strtagies ? (Business Environment)
20. What is the purpose of a method ?(To increase the efficiency of operation)
21. 'Offering 30% jobs to women'. What type of plan is it -(POLICY)
22. "An employee will retire at the age of 62 years.'     What type of plan is it--?(RULE)
23. 'An employee will be selected through a writen test' What type of plan is it ? (PROCEDURE)
24. What type of plan is "no smoking" ? (RULE)
'25.'Visitors to the factory must hold valid entry passes.' What type of plan is it ? (procedure)
26.  Bajaj elactronics decides to sell Iron Box through exchange of old sets. What type of plan is it?           (Stratagies)
27. Name the type of plan in which the the minutest details are worked out ,that is procedure ,rules            and budget with in the broad frame work of policy.  :-(PROGRAMME)

 ഇന്നത്തെ ചിന്ത 


പാർട്ടി ആപ്പീസുകൾ സ്വാതന്ത്രപ്രവർത്തനം ആഗ്രഹിക്കുന്നു ,അതും ഒരുവിഭാഗത്തിന്റെ .സംശയത്തിന്റെ നിഴലിൽ ആരുടെ വീട്ടിലും സ്വതന്ത്രമായി  കയറി അന്യഷിക്കുവാൻ അധികാരം നീതിന്യായ വ്യവസ്ഥിതി ഇന്ത്യൻ ഭരണഘടനാബെഞ്ച് ഉറപ്പുവരുത്തുന്നു ; അതിൽ പാർട്ടിയാപ്പീസുകൾ പെടാത്തകാര്യം അറ യു ന്ന ത് ഇപ്പോൾ മാത്രം .
അമ്പലങ്ങളിൽ അവരുടെ ന്യായമായ അവശ്യം അനുവദിക്കുന്നതിൽ പാർട്ടിക്ക്  താല്പര്യം ഉണ്ടായില്ല .അമ്പലങ്ങൾക്ക് സ്വതന്ധ്ര്യം ഉണ്ടാകേണ്ടാതല്ലേ ............?പ്രവർത്തന സ്വതന്ധ്ര്യം .

 

 MODEL OBJECTIVE TYPE QUESTION PAPER

Objective type questions Business studies Unit 3. vhse hse cbse

1.which of the following does not explain the impact of government policy changes on business and industry? (More demanding customers,Increasing competition ,[changes in agricultural prices,] market orientation)
2.significance of management principles:-1. Provide useful insight to managers 2. OPtimum utilisation of resourses 3. effective administration 4.Scientific decisions 5. Meeting changing envirinment requirements 6. Fulfilling social responsibilty 7. Management training ,education and reserch. 8.all of these.
3.Fayo born in...........[  Itally,France,England ]
4. Order :it means-'a place for every thing [everyone]and everthing [everyone]in its [his]place'
     Espirit De corps ' : -................................[union is strength']
5. Which principle of management promotes team spirit ?[ Espirit De corps ]
6.Who emphasized on administrative principles of management?
    [Henry Fayol .He was French mining engineer.]
7.Which device helps subordinates of the sam elvel of different department to communicate            directly in case of emergency ?[Gang Plank ]
8. Name any two new management technique developed on the basis principle of management.
    [1.Operation Reserch 2.Cost Accounting 3.Just-in-time ]
9. Name the principle of management which resembles military organisation [unity of                        command
10 Name that principle is violated if an employee is asked to receive order from two superior
     [unity of  command]
11.'It enables the firm to identify oppertunities and getting the first mover advantages' identyfy
       the concept? [Environmental scanning]
12.'Demand for sarees may be high in India ,where as it is almost nil France'Which features of          business environment is highlighted by his point ? [is a relative concept]
13 .Define environmental scaming [the complete awareness and understanding of business                 environment]
14. Give any two forces/factors responsible for new economic policy of Libarisation                             Privatisation and Globalisation..
           1. Dept trap i.e. serious fiscal crises  2. Low GNP grwth rate 
3.Low agricultural and Industrial production 4. High inflation rate 5.Depreciation of rupee in terms of US dollar
15.Give two main objectives of new economic policy of Liberalisation ,Privatisation and Globalisation. An. Rapid economic grwoth higher standard of living 2. Becoming sel-reliant 3. Reduce inequalities of income and wealth4.Reduce unemployment and poverty.




















 

കർണ്ണൻ 

കർണ്ണൻ 

കർണനോളംവരില്ലാരും കർണ്ണാ 
സൂര്യനോളം പ്രഭാവലയം ഉള്ളവൻ 
അമ്മയ്ക്ക് എന്നും സാന്ത്വനം ..ധൈര്യം 
ജേഷ്ടൻ ,കുന്തീ പുത്രൻ സ്രേഷ്ടൻ 
കാത്തൂ സഹോദരരെ
ദുര്യോധനൻ സ്രേഷ്ടൻ 
അഭിമാനം ഉള്ളവൻ ദയാ വയ്‌പിൽ ,
സഹതാപത്തിൻ ചൂടിൽ, ശകുനി തലോടി 
യുദ്ധം ജയിപ്പാൻ 
സുതൻ അർധരാജ്യം ,ചതി 
കർണ്ണൻ വേദന പേറിയുഗങ്ങൾ 
ഗുരുതർപ്പണം ഗുരുദക്ഷിണ 
കാലം മായ്കുമോ കർണ്ണവീരോചിതം മരണം

Model objective questions BUSINESS STUDIES  Unit 2 hse cbse chse

1.'The subordinates in a company receive orders regarding their task from different operative heads for the same work' .Which principle of management is being overlooked ?.[Unity of command]
2."A manager should replace 'I' with ' we ' in all his conversation with workers to foster team spirit ". Identify the principle of management emphasized here. [Espirit de crops][union is strength]
3.Which  of scientific technique of F W Tailor has specialist foreman over workers [Functional Foreman ship]
4.Which Technique of scientific management gives high compensation to better performer [Differential Piece Wage System ]
5.Why is Taylor most remembered ? [For his time and motion studies]
6. What is the premise of scientific management ? [Finding 'one best way' to do a particular task]
7. What is meant by 'mental revolution' according to Taylor ? ['Mental revaluation' means a complete transformation in the attitude between management and workers .Both should realize that they need each other]
8.What is required to ensure harmony among workers and managers ?['mental revolution']
8."Workers should be encouraged to develop and carry out their plan for improvement " Identify the principle of management formulated by Fayol .[Principle of Initiative]
9.Name that principle of Fayol which suggests that  communication from top to bottom should follow the official lines of command .Name the principle [Scalar chain]
10.Which principle of management typically introduced here [Time Study][Time Management]

MODEL OBJECTIVE TYPE QUESTION PAPER
Objective Type Questions Unit 2 Business studies HSE,VHSE,CBSE
1. Why is management considered multi-faceted concept?
    Because management is a complex activity having different dimensions-Management of work 2.management of people 
3. management of operation 

2.There is no restriction in anyone being appointed or designated as a manager of any business enterprise .What aspect of management does this statement indicate ?  [It is a profession but not a full-fledged profession like medicine or law.]

3. How can art of management be acquired ?[Art of mgt. can be acquired through study ,observation and experience]

4. 'A good manager is born not made'. Do you agree ? [No,a manager achieve perfection after long practice and through learning and training process]

5.What is the name of professional association of managers [ALL INDIA MANAGEMENT ASSOCIATION(A I M A)] 
6. What is the purpose of coordination ? [To secure Unity action in the pursuit of common goals](Integrating actions of persons towards common goals)
6. What is the nature of coordination ? [Coordination is not a separate function of management but its essence ,i.e Coordination is a part of all magement functions 
7.Principles of management are not .......[Absolute][dynamic]
8. Henri Fayol was a........[Mining engineer]
9. Management should find 'one best way of doing a task .Which technique of scientific management is defined in this sentence.[method study]
10.Name the two methods by which principles of management are developed[ a. observation b. Experimental studies] 
11.Which principle of management promote team spirit ? [Esprit De Corps]

Objective type questions BUSINESS STUDIES PLUS TWO C B S E ,H S E,V H S E :-

1.efficiency means------------ a.Doing the task with minimum cost . b.Doing the task correctly c.Deriving more benefits by using less resources [d. All of these]

2.Through ...........management helps individuals to develop team spirit,cooperation and commitment to group success.[motivation and leadership.

3.foreman and supervisors comprises.............[supervisory management]

4.Which function of management relates to assigning duties group task establishing authority and allocating resources required to carry out a specific plan? [organizing]

5.The process by which a manager synchronizes the activities of different departments is knwon as ...........[coordination]

6.'successfulness organizations do not achieve their goals by chance but by following a process' name the process.[Management]

7.MacDona,the fast food giant maid major changes in its menu to be able to survive in the Indian market .Which characteristic of management is highlighted ?[management is a dynamic process]

8.'An organization is collection of diverse individual with different needs ' Which characteristic of management is highlighted in the statement ?[management is a group activity] 

9.Abc Ltd uses environment-friendly methods of production . Identify the objective it is trying to achieve ?.[Social objective ]

10.Name the level of management

(1). Engaged in overseeing the activities of the worker.[supervising]

(2) Taking key decision[top level management]

chart or diagram preparation
അപ്പ്ലിക്കേഷനായിൽ --------> ലിബറോ ഓഫീസിൽ calc ൽ  [Insert ]----->chart [ബാർ,ലൈൻ പൈ ,ഏരിയ] [finish ]
ടാറ്റ എൻട്രി നടത്തിയതിനുശേഷം സെലക്ട് ചെയ്ത്  മുകളിൽ പറഞ്ഞ തുപോലെ  ചെയുക
അതിനുശേഷം വീണ്ടും [insert ]ക്ലിക്ക് ചെയ്തതിനുശേഷം ടൈറ്റില് ,സബ്ടൈറ്റിൽ എന്നിവ ചേർത്തി സേവ് ചെയുക .
ഒരേടാറ്റയിൽനിന്നും എത്രതവണവേണമെങ്കിലും പുതിയ ഡയഗ്രം വരക്ക്യം
ഉദാ :-

PREPARE FINAL ACCOUNTS OF SIVAPRASAD LTD FOR THE YEAR 2015 ASSUME THE FINANCIAL YEAR START WITH 1/4/2014.
.1 .Commenced business with cash 2,00,000 stock 1,00,000,furniture 25,000[opening balances]
.2. Cash Deposited in to bank 50,000[f8:contra][v]
.3. Cash purchases 70,000[purchases][v]
.4. Credit Purchases 25,000[purchases][v]
.5. Cash sales 1,00,000[sales][v]
.6. Credit sales 40,000[sales][v]
.7. Credit sales to Ram 30,000[sales][v]
.8. Land purchased and issued a cheque  25,000[payment][v]
.9. Land purchased on credit from m/s krishna and enterprise 2,00,000[journal][v]
10. Furniture purchased for cash 10,000[payment][v]
11.  salary paid by cheque 5,000[payment][v]
12. wages paid for 10 months 20,000[payment][v]
13. Interest due on capital 10% [journal][v]     
[v]-----> Voucher
Aim:-
To prepare final accounts of Sivaprasad Ltd for the year 2015

Proceedure :-

1. Applications-------->office---------> GNUkhata v.5.25
2. Create a Company------>click on company Setup wizard...and enter company name Comp[proceed]any type(profit making) and B. click on accounts only others  are optional------>[proceed]
 

3.Enter the name ,city state and country in the field given other s are optional------>[proceed]

4. Enter user name  and password and security question and answer ----->[Create and login]

 5.Prepare Ledger accounts under appropriate 

accounting groups  Or Start Voucher entry Under appropriate Voucher given .You have the option to add new accounts while you are in Journalizing, so there is no need to create Ledger in Master. Some Ledgers are listed in v.5.25 if you need additional Please create by using the 'add option '

Statement showing Name, Group Dr.,C.rand amount

Date	Ledger	Ledger Group	Dr./Cr.	Amount
1-4-2015	cash	Current asset//sub.Cash	Dr.	2,00,000
	stock	Current asset/ sub.opening stock	Dr.	1,00,000
	Furniture	Fixed asset/sub Furniture	Dr.	25,000
	Capital	Capital	Cr.	3,25,000
2-4-2015	Bank	current asset/sub Bank	Dr.	50,000
	Cash		Cr.	50,000
5-4-2015	Purchases	Direct Expenses	Dr.	70,000
	Cash		Cr.	70,000
10-4-2015	Purchases		Dr.	25,000
12-4-2015	Creditor	Current Liabilities/sub creditor for goods Purchases	Cr.	25,000
15-4-2015	Cash		Dr.	1,00,000
	Sales	Direct Income/sub-Sales	Cr.	1,00,000
20-4 -2015	Debtors	Current asset/sub-Sundry Debtors	Dr.	40,000
	Sales		Cr.	40,000
25-4-2015	Ram	Current asset/sub-Debtors	Dr.	30,000
	Sales		Cr.	30,000
30-4-2015	Land	Fixed asset/sub-Land and Building	Dr.	25,000
	Bank		Cr.	25,000
1-5-2015	Land	Fixed asset/	Dr.	2,00,000
	M/s Krishna	Creditors/sub-creditors for land Purchases[New]	Cr.	2,00,000
10-10-2015	Furniture	Fixed Asset	Dr.	10,000
	Cash		Cr.	10,000
30-12-2015	Salary	Indirect  expenses/none	Dr.	5,000
	Cash		Cr.	5,000

PREPARATION OF TRIAL BALANCE IN GNUkhata.
സാദാരണ  TALLY ACCOUNTING SOFT WARE ൽ ഓപ്പണിങ് balances including revenue balances are possible but in this Gnukhata no revenue items balances are possible to enter at the time of creation of ledger accounts.Ledger ൽ  Capital item balance ഉം Personal ledger ബാലൻസ് ഉം മാത്രം എഴുതാൻ കഴിയൂ .
PREPARE TRIAL BALANCES FOR THE FOLLOWING ITEMS DATED 31-3-2014
AND BALANCE SHEET ON THAT DATE
--------------------------------------------------------------------------------------------------------------------------------
Capital                                     2,50,000                            Loose Tools      1,50,000
creditors                                  1,00,000                             bank Loan       1,00,000
Land and Building                 10,00,000               Plant and Machinery   10,00,000
Motor Vehicle                             50,000                                Debtors            50,000
Outstanding Salary                      6,000                   Prepaid Insurance         3,000
Cash in hand                               15,000                  Cash at Bank               15,000
Bills Payable                                10,000                  Bills Receivable           10,000
----------------------------------------------------------------------------------------------------------------------------------
Aim:-
To prepare a Trail balance and a Balance Sheet as on date.

Procedure:-

1. Start GnuKhata :-
Application--------> Office--------> Gnukhata
2. Click on ----> Company setp wizard
3. Create new company:   Name of the company,Financial year, --->Proceed
    End name of user,city and state,country etc others are optional------>proceed
   Enter User Name.....Password and confirm the password.(login& Create)
4. Create Ledger account Under appropriate Groups Given
     Master------> Ledger
5. Report---->Trial Balance
6. Report----->Balance sheet

-----Schedule  showing the group and new sub group with opening balances (OB)
------------------------------------------------------------------------------------------------------------------------------

Ledger	Group	O B	Ledger	Group	Ob
capital	capital	2,50,000	Loose Tools	fixed asset/new sub group Loose tools	1,50,000
creditors	current liabilities	1,00,000	Plant and Machinery	fixed asset/new sub group Plant and Machinery	10,00,000
Land and Building	fixed asset/new subgroup	10,00,000	Prepaid Insurance	current asset	3,000
Motor Vehicle	fixed asset/ new subgroup	50,000	Debtors	current asset	50,000
Outstanding Salary	current liabilities/new sub group creditors for expenses	6,000	bank Loan	current liabilities	1,00,000
Cash in hand	current asset/new subgroup cash	15,000	Cash at Bank	current asset/new sub group bank	15,000
Bills Payable	current liabilities	10,000	Bills Receivable	current asset	10,000