CUET 2023 Business Studies Answer Key for all shifts is made available for download here. NTA to release CUET Answer Key 2023 PDF for Business Studies soon on cuet.samarth.ac.in. Download CUET 2023 Business Studies Question Paper PDF
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CUET 2023 Business Studies Answer Key and Question Paper with Solutions PDF
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CUET 2023 Business Studies Questions with Solutions
Consider the following facts about management:
A. Efficiency and effectiveness both terms have similar meaning.
B. Effectiveness and efficiency both terms do not have similar meaning.
C. Management has four dimensions.
D. Management has three dimensions.
E. Principles of management are not as exact as the Principles of Science.
Choose the correct answer from the options given below:
Identify the correct features of Business Environment.
Choose the correct sequence of first five steps of setting up a business.
A. Appraisal by the funding agencies
B. Scanning the environment for entrepreneurial opportunities
C. Assessment of feasibility of the idea and preparation of business plan
D. Resource mobilisation
E. Development of product/service idea
Choose the correct answer from the options given below:
Which among the following factors affects capital budgeting decision?
A. Floatation cost
B. Cash flow of project
C. Control considerations
D. The rate of return
E. The investment criteria involved
Choose the correct answer from the options given below:
Consumer protection is important due to widespread ______ of consumers about their rights and reliefs.
Arrange the following in a proper sequence (in respect of distribution channel):
A. Agent
B. Retailer
C. Customer
D. Manufacturer
E. Wholesaler
Choose the correct answer from the options given below:
Identify the step/element which is not a part of motivation process.
Match List I with List II
LIST I LIST II
A. Production concept I. Satisfaction of customer needs
B. Product concept II. Quantity of product
C. Selling concept III. Aggressive selling techniques
D. Marketing concept IV. Quality of product
If there was no planning, employees would be working in different directions and the organisation would not be able to achieve its desired goals.
Which of the following importance of planning is highlighted in the above lines?
As per Consumer Protection Act, 2019, District commission has a jurisdiction to entertain complaints where value of goods or services paid as consideration.
Which of the following statements is correct?
Capital Structure refers to the mix between owners and borrowed funds. Which of the following is the correct formula?
To become a Chartered Accountant in India, a candidate has to clear a specified examination conducted by the Institute of Chartered Accountants of India. Which Characteristic of management as a profession is highlighted in the above statement?
Identify the correct sequence of first 5 steps of the planning process:-
(A) Developing premises
(B) Identifying alternative courses of action
(C) Evaluating alternative courses
(D) Setting objectives
(E) Selecting an alternative
Choose the correct answer from the options given below:
Match List I with List II
LIST I LIST II
A. Unity of command I. Pay and compensation should be fair to employees and organisation
B. Remuneration II. Distribution of decision making authority amongst many personnel
C. Equity III. Only one boss for every individual employee
D. Decentralisation IV. Fairness to all employees
Match List I with List II
LIST I LIST II
A. Political environment I. Consumption \& habits pattern of household
B. Economic environment II. Scientific improvements and innovations
C. Social environment III. General stability of elected govt and its attitude towards business
D. Technological environment IV. Change in interest rate, inflation and disposable income
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Arrange the following steps of organising process in a logical sequence.
A. Establishing authority and reporting relationship
B. Identification of work
C. Departmentalisation
D. Division of work
E. Assignment of duties
Choose the correct answer from the options given below:
"The formal lines of authority from highest to lowest ranks are known as ........."
Which among these is not a traditional method of controlling.
Characteristics of entrepreneurship include:
A. Lawful and purposeful Activity
B. Low level of risk
C. Innovation
D. Systematic Activity
E. Organisation of production
Choose the correct answer from the options given below:
Identify single use plans from the following plans.
Arrange the steps of controlling process in their correct order or sequence.
A. Setting performance Standards
B. Measurement of actual performance
C. Analysing deviations
D. Taking corrective action
E. Comparison of actual performance with standards
Choose the correct answer from the options given below:
Techniques of controlling includes.
A. Ratio analysis
B. PERT and CPM
C. On the job training
D. Management audit
E. Off the job training
Choose the correct answer from the options given below:
"A comprehensive plan which helps in accomplishing an organisation objective."
Match List I with List II
LIST I LIST II
A. Fixed capital I. EBIT/interest
B. Working capital II. Investment in non-current assets
C. Interest coverage ratio III. Investment in current assets
D. Financial leverage IV. Proportion of debt in the capital structure
Arrange the following steps involved in communication process.
A. Encoding
B. Sender
C. Message
D. Decoding
E. Receiver
Choose the correct answer from the options given below:
Identify the correct pair of elements of directing.
1. Co-ordination and Leadership
2. Motivation and Communication
3. Supervision and Decentralisation
4. Delegation and Communication
Choose the correct answer from the options given below:
Reduction of controlling power of existing equity shareholders in a company is a result of.
Labelling is an element of which 'p' of marketing mix?
Identify the incorrect option about planning from the following.
Essential element(s) of delegation is/are:
Identify the factor, which does not affect the pricing of a product.
Identify the last step of the communication process.
Match List I with List II
LIST I LIST II
A. Consumer Protection Act I. Claim exceeds 10 crore
B. District Forum II. Settlement of claim exceeds 1 crore but does not exceed 10 crore
C. State Commission III. Established in 1986
D. National Commission IV. Settlement of claim up to 1 crore
Which of the following is not an element of delegation?
Match List I with List II
LIST I LIST II
A. Unclarified assumptions I. Organisational Barriers
B. Distrust II. Personal Barriers
C. Status III. Semantic Barriers
D. Lack of proper incentives IV. Psychological Barriers
Arrange the Functions of Management in correct sequence.
A. Planning
B. Directing
C. Organising
D. Controlling
E. Staffing
Choose the correct answer from the options given below:
Fayol's 14 Principles of management does not include
A. Authority and responsibility
B. Division of work
C. Unstability of personnel
D. Indiscipline
E. Initiative
Choose the correct answer from the options given below:
Delegation refers to the:
Cross Ltd., a company manufacturing cars, is a highly successful organisation. For designing their cars, they follow assembly line production which entails the sequence of operations, place for men, machines and raw materials etc. Identify the technique of scientific management being followed by Cross Ltd.
A manager should replace "I" with "We" in all his conversation with workers to foster team spirit. Identify the principle of management stated above.
Answer the question on the basis of following passage:
Adhunik Ltd is a consumer goods manufacturing unit running the business for the last 11 years. The C.E.O Mr. Aman wants to raise capital with an objective to modernise the existing plant. For this he has made a plan to offer equity and preference shares in the primary market. He uses a combination of methods. He got the prospects printed, so as to make a direct appeal to investors. Also he has invited offers from some brokers to buy shares at an attractive value. Since Mr. Aman has a great circle of friends who are institutional investors, he can soon gather capital. Another method, that he wants to use is the online system of stock exchange.
"He got the prospectus printed, so as to make a ...... direct appeal to investors."
Identify the method of floatation mentioned in these lines.
Answer the question on the basis of the following passage:
Adhunik Ltd is a consumer goods manufacturing unit running the business for the last 11 years. The C.E.O Mr. Aman wants to raise capital with an objective to modernise the existing plant. For this he has made a plan to offer equity and preference shares in the primary market. He uses a combination of methods. He got the prospectus printed, so as to make a direct appeal to investors. Also he has invited offers from some brokers to buy shares at an enbloc value. Since Mr. Aman has a great circle of friends who are institutional investors, he can soon gather capital. Another method that he wants to use is the online system of stock exchange.
"He has invited offers from some brokers to buy shares ...... at an enbloc value."
Identify the method of floatation used in these lines.
Answer the question on the basis of the following passage:
Adhunik Ltd is a consumer goods manufacturing unit running the business for the last 11 years. The C.E.O Mr. Aman wants to raise capital with an objective to modernise the existing plant. For this he has made a plan to offer equity and preference shares in the primary market. He uses a combination of methods. He got the prospectus printed, so as to make a direct appeal to investors. Also he has invited offers from some brokers to buy shares at an enbloc value. Since Mr. Aman has a great circle of friends who are institutional investors, he can soon gather capital. Another method, that he wants to use is the online system of stock exchange.
"Mr. Aman has a great circle of friends who are institutional investors."
Identify the method of floatation used in these lines.
Answer the question on the basis of the following passage:
Adhunik Ltd is a consumer goods manufacturing unit running the business for the last 11 years. The C.E.O Mr. Aman wants to raise capital with an objective to modernise the existing plant. For this he has made a plan to offer equity and preference shares in the primary market. He uses a combination of methods. He got the prospectus printed, so as to make a direct appeal to investors. Also he has invited offers from some brokers to buy shares at an enbloc value. Since Mr. Aman has a great circle of friends who are institutional investors, he can soon gather capital. Another method that he wants to use is the online system of stock exchange.
"Another method he wants to use is the online system of stock exchange."
Identify the method of floatation used in these lines.
Answer the question on the basis of following passage:
Adhunik Ltd is a consumer goods manufacturing unit running the business for the last 11 years. The C.E.O Mr. Aman wants to raise capital with an objective to modernise the existing plant. For this he has made a plan to offer equity and preference shares in the primary market. He uses a combination of methods. He got the prospectus printed, so as to make a direct appeal to investors. Also he has invited offers from some brokers to buy shares at an enbloc value. Since Mr. Aman has a great circle of friends who are institutional investors, he can soon gather capital. Another method that he wants to use is the online system of stock exchange.
In the above case Mr. Aman is using all methods of floatation which are used in the primary market because.
Answer the question on the basis of the following passage:
Lenovo India decided to strengthen its diversifying numbers. It decided to tap its referral system. The company asked its employees to recommend candidates and decided to reward those who successfully recommended more women for the same roles.
Today, technology major Infosys for instance, has enhanced the use of technology for the employee's referral process. It has created a portal where employees can view requirements and submit profiles of candidates directly. Employees can then track the status of their referral in real-time.
Which external source of recruitment is used by Lenovo India?
Answer the question on the basis of the following passage:
Lenovo India decided to strengthen its diversifying numbers. It decided to tap its referral system. The company asked its employees to recommend candidates and decided to reward those who successfully recommended more women for the same roles.
Today, technology major Infosys for instance, has enhanced the use of technology for the employees' referral process. It has created a portal where employees can view requirements and submit profiles of candidates directly. Employees can then track the status of their referral in real-time.
It involves shifting of an employee from one job to another. Identify the source of internal recruitment.
Answer the question on the basis of the following passage:
Lenovo India decided to strengthen its diversifying numbers. It decided to tap its referral system. The company asked its employees to recommend candidates and decided to reward those who successfully recommended more women for the same roles.
Today, technology major Infosys for instance, has enhanced the use of technology for the employees' referral process. It has created a portal where employees can view requirements and submit profiles of candidates directly. Employees can then track the status of their referral in real-time.
Under which external source of recruitment do organizations keep a database of unsolicited applicants in their offices?
Answer the question on the basis of following passage:
Lenovo India decided to strengthen its diversifying numbers. It decided to tap its referral system. The company asked its employees to recommend candidates and decided to reward those who successfully recommended more women for the same roles.
Today, technology major Infosys for instance, has enhanced the use of technology for the employees' referral process. It has created a portal where employees can view requirements and submit profiles of candidates directly. Employees can then track the status of their referral real-time.
Which of the following is an internal source of recruitment?
Answer the question on the basis of following passage:
Lenovo India decided to strengthen its diversifying numbers. It decided to tap its referral system. The company asked its employees to recommend candidates and decided to reward those who successfully recommended more women for the same roles.
Today, technology major Infosys for instance, has enhanced the use of technology for the employee's referral process. It has created a portal where employees can view requirements and submit profiles of candidates directly. Employees can then track the status of their referral real-time.
Which of the following is not included in external sources of recruitment?
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