SUNIL PANDA COMMERCE CLASSES (SPCC)

BUSINESS STUDIES TERM 2

MOCK TEST 03
Q.1) Name & Explain the “on-the job” method of training where training is under guidance. (2)

Q.2) Jaykant is holding hundred shares of a company. He has been given a privilege offer to
subscribe to a new issue of shares of the same company in proportion of 2:1 to the number of shares
already possessed by him. Identify and explain the method of floatation being described in the
above case. (2)

Q.3) Distinguish between Training & Development on the basis of meaning & purpose. (2)

Q.4) Madhuban Limited is a small-scale business unit manufacturing incense sticks and cones. The
standard output for a worker engaged in packaging of incense cones is 500 units in one day. But it is
noticed that all the workers are able to perform at a much higher level as compared to the standard
set. Therefore, the supervisor decided to revise the standards. Identify the point of importance of
controlling being highlighted in the above case. (2)

Q.5) Akanksha works in an insurance company. Over the years, the scope of her work was restricted
to individual persons only. Now she has been transferred to corporate division. To being with she
has been asked to approach three companies and convince them to buy the group insurance policy
for employees. She wants to use human needs as a instinct to stimulate the management of these
companies to make a purchase the policy.

In context of the above:

a) Identify the element of one of the functions of management that she should follow.
b) Also, suggest the related human need as per the need hierarchy theory that she should
promote to sell the policy. (3)

Q.6) Isha, Nisha and Trisha are working as production, finance and marketing manager respectively
in a company manufacturing home appliances.

Isha conduct meeting on regular basis with her subordinates in order to seek their opinion on
various issues.

Nisha conduct meeting on regular basis to inform her subordinates about the targets that they are
expected to achieve within the stipulated time. She also informs them about the related rewards
and punishment applicable with regard to their performance.

Trisha allows her team of salesmen to set their own target for the month and also device ways of
achieving it. She believes highly in the capability of her team members.

a) Identify the different types of leadership styles being described above.

OR

Umang Gupta is the managing directors ltd. the company had established a good name for itself and
had been doing well. It was known for timely completion of orders. The production manager, Ms.
Kanta was efficiently handling the processing of orders and had a team of fourteen motivated
employees working under her. Everything was going on well. Unfortunately she met with an
accident. Umang knew that in the absence of Ms. Kanta the company may not be able to meet the
deadlines. He also knew that not meeting the deadlines may lead to customer dissatisfaction with
the risk of loss of business and goodwill. So he had meeting with his employees in which accurate
and speedy processing of orders was planned. Everybody agreed to work as team because the
behaviour of Umang Gupta was positive towards the employees of the organizations. Hence
everyone put in extra time and efforts and the targets were met on time. Not only this, Umang
visited Ms. Kanta and advised her to take sufficient rest.

a) identify the leadership style of Umang Gupta and draw a diagram depicting the style. (3)

Q.7) List any three factors affecting Dividend decision of a company. (3)

Q.8) Vinber Ltd. set up a manufacturing unit at Bhilwadi in Himachal Pradesh to manufacture electric
geysers and supply them to dealers all over the country. Their production target was 500 geysers per
week. It was decided by the management that variation in production upto 10 unit be acceptable.

At the end of the fist week, the production was 450 geysers. The next week production increased to
470 geysers. A weak later, production was 460 geysers. On investigation it was found that
fluctuation in production was due to irregular supply of electricity.

a) The above para discusses some of the steps in the process of one of the functions of
management. Explain these steps.
b) Also state the steps (s) that have not discussed in the above para. (3)

Q.9) Enumerate any 5 responsibilities of a consumer under consumer protection act 2019.

OR

As per consumer protection act 2019 who can file a complaint? (5)

Q.10) Financial market play an important role in the allocation of scarce resources in an economy by
performing important function. In light of the given statement state any three functions performed
by financial market. (5)

Q.11) In an interview with a leading news channel, Mr. Rakesh Kwatra, CEO of ‘Get My Job” has
suggested that the Companies which want more and more people to apply for jobs in their
organisation should make the process of applying for jobs easier and candidate friendly. It is for this
reason, he said, that most progressive companies today have a short application process. He also
said that the application form filled by the candidate is very important as it is the information
supplied in the application forms, which helps the manager in eliminating unqualified or unfit job
seekers. The company can create a mechanism that attempts to measure certain characteristics of
individuals like aptitude, manual dexterity, and intelligence to personality. The candidate may then
be called for an in-depth conversation to evaluate their suitability for the job.

(a). Name the process and steps in the process of identifying and choosing the best person out of a
number of prospective candidates for a job discussed above.

(b). Also explain the next three steps in the process which can be subsequently performed by the
company. (5)

Q.12) write any 5 difference between money market and capital market

OR
Write any 5 difference between primary market and secondary market (5)