Business Studies Class - XII Ch - 4 , 5 - Questions.

MM: 28                                                                                                                       Time: 55 mins

1. Define ‘Planning premises’. (1)
2. Planning requires logical and systematic thinking rather than guess work. Which feature of planning is highlighted here? (1)
3. National Vritech Ltd. has grown in size. It was a market leader but with changes in business environment and with the entry of MNCs its market share is declining. To cope up with the situation CEO starts delegating some of his authority to the General Manager, who also felt himself overburdened and with the approval of CEO disperses some of his authority to various levels throughout the organization. Identify the concept of management discussed above. (1)
4. Bhuvan & Co. are running a shoe manufacturing company successfully. So they planned to expand their business activities by adding more line of products i.e., leather bags, belts and garments. Which type of structure would you recommend after expansion. (1)
5. State any three advantages that a functional structure offers to an organization. (3)
6. “If we delegate the authority, we multiply it by two. If we decentralise it, we multiply it by many.” How? (3)
7. The directors of Gunjan Ltd., an organisation  manufacturing colour televisions, have asked their production manager to achieve a target production of 150 televisions per day. The production manager has asked his foreman to achieve this target, but he did not give him the authority for the requisition of tools and materials from the stores department. The foreman could not achieve the desired target. Can the directors blame the production manager, and can the production manager blame his foreman for not achieving the target? Explain in brief the relevant principles relating to this situation in support of your answer. (4)
8. Rajeev, the owner of Pathways constructions decided to start a campaign to create awareness among people for developing clean surroundings in their area. He formed a team of 10 members to list the different ways for cleaning the surroundings. One suggested to take the help of local residents, another suggested that they may involve school going children in their venture. One more suggestion was to take the help of unemployed youth. On evaluation of different ways, it was decided to take the help of local residents. To achieve the desired goal various activities were identified like purchase of necessary items like dustbins, garbage bags, brooms, etc. After identification of different activities the work was allocated to different members.

1. Identify the concepts of management involved in the above situation and quote the lines which help in their identification.
2. Also identify the values which the company wants to communicate to the society. (4)
3. A company is manufacturing washing machines. There is a well defined system of jobs with a clear and definite authority, responsibility and accountability in the company. But people are not allowed to interact beyond their officially defined roles. As a result the company is not able to adapt to the changing business environment. The workforce is also not motivated due to lack of social interaction. The company is facing problems of procedural delays and inadequate recognition to creative talents.

             (i) Suggest how the organization can overcome the problems faced by it.

             (ii) Give any two benefits it will derive from your suggestion. (5)

            9. Name the function of management which examines the activities and resources required to implement                             the plan and explain its steps. (5)