Model Paper 4 — Business Studies STD 12 Commerce — Question

Paras Mining Industry owns and operates coal mines in different parts of the country. It employs thousands of workers who do this dangerous and potentially lethal job. Several miners contend with air filled with dust, develop asthma and other respiratory problems. Many times, fatal accidents take place due to insufficient safety measures. Garbage from the mines is often dumped in local rivers, which pollute the water bodies.
Identify and state any two management objectives which are being ignored by Paras Mining Industry.

Which principle of management envisages that each group of activities having the same objectives must have one head and one plan? Explain the principle with a suitable example.

Anurag, aspires to work with a socially and environmentally committed company as he does not want to work just for monetary benefits but also the brand value of the company he works for in the society matters a lot to him. Therefore, he has joined Cerebra Integrated Technologies a Bengaluru-based Infotech company. The company has built India’s largest e-waste recycling plant. The company strives to be one of the leading players in this business which has huge potential not only in terms of generating huge revenues and profits but also wants to contribute to the environment issues that have become crucial worldwide. The company sees big business in the mountains of e-waste in Bengaluru which produces 200,000 tonnes of e-waste a year. The company plans to make its millions by extracting metals such as gold and platinum from the e-waste piling up in the city. As a mobile phone, for example, is made up of a combination of rare earth and precious metals: it contains 250 mg of silver, 24 mg of gold and nine mg of palladium while a laptop has 1,000 mg of silver, 220 mg of gold and 500 grams of copper.
To start the business, the company has obtained a licence from KSPCB ( Karnataka State Pollution Control Board) .
In context of the above case :

1. Identify the various dimensions of business environment being referred to by quoting lines from the paragraph.
2. List any two values which the company wants to convey to the society.

Explain any two functions of 'marketing'.

Discuss in detail the type of market which deals in previously issued securities.

Explain any three points that highlight the importance of directing function of management.

Harish, the director of a company, is planning to manufacture stuffed toys for utilising waste materials from one of his garment factories. He decided that this manufacturing unit will be set-up in a rural area so that people of that area will have more job opportunities. For this, he selected Rehman, Anita Banerjee, Harpreet Kaur and Umesh (a differently abled but very intelligent and creative person in designing) as the heads of Sales, Accounts, Purchase and Production Departments respectively.

1. Identify and state the next three steps that Harish has to follow in the staffing process after selecting the heads of different departments.
2. Identify any two values that Harish wants to communicate by setting-up this manufacturing unit.

What is meant by ‘Informal Organisation’? State its any two advantages.

The principles of Taylor and Fayol are mutually complementary. One believed that management should share the gains with the workers while the other suggested that employees’ compensation should depend on the earning capacity of the company and should give them a reasonable standard of living.
Identify and explain the principles of Favol and Taylor referred to in the above paragraph.

Mr Amol Khan passed his B.Sc. (Non-medical) examination in the year 2014. After this he successfully ran the business of his father. Suddenly, he thought of seeking employment. He got the job of a finance manager in a company on the basis of his knowledge, experience and proficiency. He is doing his job successfully.

1. Now tell, is the appointment of Mr Khan as a manager valid?
2. Was not it necessary for him to do M.B.A. or some other course for this job?