Model Paper 3 — Business Studies STD 12 Commerce — Question

These days, the development of a country is also judged by its system of transferring finance from the sector where it is in surplus to the sector where it is needed the most. To give strength to the economy, SEBI is undertaking measures to develop the capital market. In addition to this, there is another market in which unsecured and short-term debt instruments are actively traded every day. These markets together help the savers and investors in directing the available funds into their most productive investment opportunity.

1. Name the function being performed by the market in the above case.
2. Name the market segment other than the capital market segment in which unsecured and short-term debt instruments are traded. Also, give any three points of difference between the two.

What are industrial products? How are they different from consumer products? Explain.

People take example of MONA TONA Co. which is engaged in manufacturing different varieties of biscuits for its work environment. The company has earned an amount of ₹ 80 crores in the last financial year, out of which management is planning to share ₹ 10 crores with its workers. Its sugar coated biscuits are famous both in country as well as abroad. People of every age like their products. Workers are also giving their 100% to embrace change for the good of the company. Also, there is an almost equal division of work and responsibility between workers and management. All the day long, the management works almost side by side with the workers by helping, encouraging and smoothing the way for them.

1. Name the principles of scientific management discussed above.
2. Explain any two techniques of scientific management.

How are candidates shortlisted through preliminary and selection interviews?

Discuss the social objectives of management.

The workers of 'Gargya Ltd.' are unable to work on new computerised machines imported by the company to fulfil the increased demand. Therefore, the workers are seeking extra guidance from the supervisor, and the supervisor is overburdened with the frequent calls of workers.
Suggest how the supervisor, by increasing the skills and knowledge of workers, can make them handle their work independently.
Also, state any three benefits that the workers will derive by the decision of the supervisor.

A recent rate cut in the interest on loans announced by the Banks encouraged Amit, a science student of Progressive School to take a loan from State Bank of India to experiment and develop cars to be powered by fuel produced from garbage. He developed such a car and exhibited it in the Science Fair organised by Directorate of Education. He was awarded first prize for his invention.
Identify and explain the dimensions of business environment discussed in the above case.

'A.S. Environs Ltd.' is dealing in Environment- Consultancy. To get the business, the team leader and his team used to travel to different states to give presentation to their clients. As per the policy of the company, the team leader used to travel by air whereas his team travelled by road/train. It was not only time consuming but also at times forced the female team members to travel alone.
As a result, the subordinates were not acting in a desired manner to achieve organisational goals. The CEO of the company came to know about it. He called the team leader, discussed the matter with him and decided to change the travel policy of the company. It was decided that in future all the members including the leader would travel together and usefully utilise the travelling time in discussion about the presentation to be given to the clients. This made a positive impact, and every member of the team started acting in a manner as desired by the team leader.
State, the features of the element of the function of management used by the CEO.

You are a financial expert and your company starts a business of manufacturing baby toys. Suggest the working capital requirement and phases of operating cycle.

Aman, Avneesh and Amrish have decided to start a business of manufacturing toys. They identified the following main activities which they have to perform:

1. Purchase of raw materials.
2. Purchase of machinery.
3. Production of toys.
4. Arrangement of finance.
5. Sale of toys.
6. Identifying the areas where they can sell their toys.
7. Selection of employees.

In order to facilitate the work, they thought that four managers should be appointed to look after (1) Production, (2) Finance, (3) Marketing, (4) Personnel.

1. Identify the function of management involved in the above mentioned para.
2. Quote, the lines from the above para which help you in identifying this function.
3. State the steps followed in the process of this function of management.