CBSE Class 12 Business Studies Term 1 Sample Paper 2022 Set B

Read and download PDF of CBSE Class 12 Business Studies Term 1 Sample Paper 2022 Set B designed as per the latest curriculum and examination pattern for Class 12 issued by CBSE, NCERT and KVS. The latest Class 12 Business Studies Sample Papers have been provided with solutions so that the students can solve these practice papers and then compare their answers. This will help them to identify mistakes and improvement areas in Business Studies Class 12 which they need to study more to get better marks in Class 12 exams. After solving these guess papers also refer to solved Class 12 Business Studies Question Papers available on our website to build strong understanding of the subject

Sample Paper for Class 12 Business Studies Pdf

Students can refer to the below Class 12 Business Studies Sample Paper designed to help students understand the pattern of questions that will be asked in Class 12 exams. Please download CBSE Class 12 Business Studies Term 1 Sample Paper 2022 Set B

Business Studies Class 12 Sample Paper

Question :   The objective of the Marketing Department of ‘KOTEX Ltd.’ is to increase sales by 10 per cent by offering discounts. But, the finance department may not approve of such discounts as it means loss of revenue. These kinds of conflict arise in organizations because each department performing activities in isolation from others and barriers between departments are becoming more rigid. Identify the point of importance of coordination to which this case is related:
(a) Growth in size
(b) Functional differentiation
(c) Specialization
(d) None of these
Answer : B
 
Question : _____________Are the anticipated environments in which plans are expected to operate.
(a) Planning premises
(b) Forecasting
(c) Objectives
(d) None of these.
Answer : A
 
Question : Marketing is called a ___________ process because it involves interaction of buyers and sellers.
(a) Economic
(b) Social
(c) Legal
(d) Political
Answer : B
 
Question :   Foreman will be considered under which level of management?
(a) Lower-level
(b) Middle - level
(c) Top-level
(d) None of these
Answer : A
 
Question :   According to this principle of management, there should be obedience to organisational rules and contract of employment, clear and fair decisions and judicious application of penalties which are necessary for the working of the organisation.
The principle of management referred to above is:
(a) Authority and Responsibility
(b) Discipline
(c) Unity of Command
(d) Subordination of Individual Interest to General Interest
Answer : B
 
Question : What does the symbol given below denote?
Im-
(a) Brand name
(b) Brand mark
(c) Trademark
(d) Generic name
Answer : C
 
Question : Keeping in view ,the changes in the consumer demands and preferences, Royal Bakery‘ has Reduced the sugar and fat content in its products. This approach of business shows that management is
(a) An intangible force
(b) A group activity
(c) A dynamic function
(d) A multidimensional activity
Answer : C 
 
Question : ___________is the marketing function which is concerned with informing the customers about the firm’s products.
(a) Transportation
(b) Selling
(c) Advertising
(d) Public Relations
Answer : C 
 
Question : Under this type of organisational structure, manpower is grouped on the basis of different products manufactured.
(a) Divisional structure
(b) Functional structure
(c) Network structure
(d) Matrix structure
Answer : A 
 
Question : Planning requires logical and systematic thinking rather than guess work or wishful thinking.
Identify the related feature of planning.
(a) Planning is futuristic.
(b) Planning is a mental exercise.
(c) Planning establishes standards for controlling.
(d) Planning focuses on achieving objectives.
Answer : B
 
Question : Name the process which co-ordinates human efforts, assembles resources and integrates both into a unified whole to be utilized for achieving specified objectives,
(a) Management
(b) Planning
(c) Organising
(d) Directing
Answer : C
 
Question :   "Since planning the first function of management, new ideas can take the shape of concrete:” importance of planning highlighted above
(a) Planning reduces the risks of uncertainty to Planning provides directions
(b) Planning promotes innovative ideas
(c) Planning provides direction
(d) Planning facilitates decision making
Answer : B
 
Question :   Gabbar is a wholesaler of food grains. He categorises his stock into different groups on the basis of their quality and also fixes up the prices accordingly. Identify the type of marketing function being mentioned in the given line.
(a) Physical distribution
(b) Transportation
(c) Warehousing
(d) Standardisation and grading
Answer : D
 
Question :   The government of India proposed to encourage e-transactions by encouraging the use of plastic money (through debit, credit and gift cards) or net banking by allowing deductions in usage charges fees and income tax exemptions. Which component of business environment does it represent?
(a) Economic environment
(b) Political environment
(c) Legal environment
(d) Social environment
Answer : A
 
Question : We have often seen in our daily lives also, that things do not always go according to plan___________ affect our business plans.
(a) Unforeseen events and changes
(b) Legal regulations
(c) Rise in costs and prices
(d) All of these
Answer : D
 
Question :   According to the modem marketing concept, which of the following statements is true?
(a) It refers to the group of people who do not have the ability but willingness to buy a particular product.
(b) It refers to only the set of people who have the purchasing power to buy a particular product.
(c) It refers to the set of actual and potential buyers for a product.
(d) It refers only to the people who show interest in a particular product.
Answer : C
 
Question :   Agile Limited has launched a new range of air conditioners in order to add value to the usability of the product. The new ranges of air conditioners have an inbuilt air purifier and are available in attractive colours. Identify the type of marketing philosophy being described in the above lines.
(a) Product concept
(b) Production concept
(c) Marketing concept
(d) Societal marketing concept
Answer : A
 
Question :   The court issued the order that for vehicles to be smokeless was most essential and that any one violating this order shall have to pay a heavy fine. Identify the dimension of Business environment?
(a) Economic environment
(b) Political environment
(c) Legal environment
(d) Social environment
Answer : C
 
Question : According to this principle of management, there should be obedience to organisational rules and contract of employment, clear and fair decisions and judicious application of penalties which are necessary for the working of the organisation.
The principle of management referred to above is:
(a) Authority and Responsibility
(b) Discipline
(c) Unity of Command
(d) Subordination of Individual Interest to General Interest
Answer : B
 
Question :   Harshit 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 organisation. Identify the concept of management discussed above.
(a) Delegation
(b) Organising
(c) Decentralisation
(d) Centralisation
Answer : C

Question : The term used to indicate different features or quality of the product is
(a) Branding
(b) Standardisation
(c) Simplification
(d) Grading
Answer :  D
 
Question : "Sudden announcement of demonetisation by our Prime Minister" is an example of this feature of business environment
(a) Relativity
(b) specific and general forces
(c) Inter related
(d) uncertain
Answer :  D
 
Question : Span of management refers to:
(a) Number of managers in an organisation
(b) Length of term for which a manager is recruited
(c) Number of subordinates under a superior
(d) Number of managers in a top management.
Answer :  C
 
Question : ____________is an extension of the principle of division of work and specialization to the shop floor; and it violates the principle of Unity of command.
(a) Cooperation, not individualism
(b) Functional foremanship
(c) Unity of Direction
(d) Standardisation and Simplification of work
Answer :  B
 
Question : The celebration of Diwali, Eid, Christmas and Guru Parv in India provides significant financial opportunities for greeting cards companies, sweets or confectionery manufacturers, tailoring outlets and many other related businesses. Name the dimension of the business environment highlighted by this statement
(a) Technological environment
(b) Legal environment
(c) Political environment
(d) Social environment
Answer :  D
 
Question : Madhubala is planning to launch an online education portal. In order to understand the varied needs of the students, she conducted an online survey. Based on the feedback of the survey, she has decided to offer educational packages to the prospective buyers.

Identify the type of marketing concept being described in the given lines.
(a) Product concept
(b) Production concept
(c) Marketing concept
(d) Societal marketing concept
Answer :  C
 
Question : Just after declaration of Lok Sabha Elections 2019 results, the Bombay Stock Exchange's price index (Sensex) rose by 1000 points in a day Identify the environmental factor which led to this rise
(a) Technological environment
(b) Legal environment
(c) Political environment
(d) Social environment
Answer : C
 
Question : HUL Co. Ltd. is one of the market leaders in FMCG sector covering majority of Indian market with its quality products. Company has been providing quality products since its inception to its customers. Company has adopted environmental friendly techniques in its production system. Company has sponsored number of social welfare programs especially towards education and health of rural under developed people in the society.

Which objective of management is referred in the above case?
(a) Organizational Objective
(b) Social Objective
(c) Personal Objective
(d) Financial Objective
Answer : B
 
Question : As a project work in Business Studies, the Commerce students of Himachal Public School, Himachal Pradesh though of preparing apple jam from the apples grown in their school premises and sell it in the school annual fete. They approached the Principal who not only appreciated the students but also gave her consent for the same. The school decided to donate 50% of the revenue generated from the sale to a nearby orphanage. After the school fete, the school also decided to extend this project by providing employment to visually challenged and disadvantaged sections of society or regular basis.

Name any two product-related decisions which the students had to take.
(a) Product designing and labelling
(b) Packaging and labelling
(c) Branding and labelling
(d) Packaging and branding
Answer : C
 
Question : The General Manager of ‘Uthranchalwood pvt ltd. called a meeting of production manager and Sales manager both of his company. He explained to them that both of these departments are the base of company’s success. Therefore it is necessary for both of them to work with coordination. Also, they were told whatever decision they were taken for their respective departments would affect others; they must give its information to them immediately. They did the same. As a result of this, there never arouse a situation in the company, when the sales orders could not be compiled with because of the shortage of goods.

Identify the characteristic of coordination in the paragraph given below
(a) Coordination is the continuous process
(b) Coordination ensures unity of action
(c) Coordination is a deliberate function
(d) Coordination is an all pervasive action
Answer : A

Question : Match the following:
i. Departmentalization.              a. Dividing the work as per plan
ii. Assignment of duties.            b. Allocation of responsibility
iii. Division of Work                   c. The activities which are of similar nature.
i ii iii
A. (a) (b) (c)
B. (a) (c) (b)
C. (c) (a) (b)
D. (c) (b) (a)
Answer :  D 
 
Question : A worker directly contacts the CEO of the company with a complaint regarding working conditions in the factory. Which of the following principles is being violated here?
(a) Unity of Command
(b) Discipline
(c) Scalar Chain
(d) Unity of Direction
Answer : C
 
Question : Sigma Ltd. is a large company manufacturing electric motors. The company has several departments- Production, Marketing, Finance, and HR. Mr. Shashank, CEO of the company set the target sales of ₹10 crore in a month. To increase the sales, the marketing manager, Mr. Ishaan insists on offering 10% discount to customers. But the finance manager, Mr. Mohak does not approve such a discountas it would mean loss of revenue. Because of dual subordination, the sales manager, Mr. Anshik could not achieve the sales target. Which principle of management has been overlooked by this company?
(a) Division of Work
(b) Coordination
(c) Unity of command
(d) Unity of Direction
Answer : C
 
Question : Match the steps in the process of organising' in Column I with the appropriate 'explanation' in Column II:
        Column I                                                                                 Column Il
i. Identification and division of work                                 a. Dividing work into manageable
ii. Departmentalisation                                                    b. Establishing a hierarchal structure activities
iii. Assignment of duties                                                  c. Grouping similar activities together
iv. Establishing authority & reporting  relationships            d. Allocating jobs to the members of each department
i ii iii iv.
A. (a) (b) (c) (d)
B. (a) (c) (d) (b)
C. (c) (d) (a) (b)
D. (d) (a) (b) (c)
Answer : B
 
Question : On the Introduction of GST act, experts in the field of business started analysing and forecasting its impact on various sectors and industries. Vivek, an established businessman attended a few seminar and conferences organised by such experts to familiarise himself with this information. He wanted to use these forecasts to reduce the uncertainty in making decisions for future in his business. Name the step of planning that will be followed after the step mentioned in the paragraph.
(a) Developing Premises
(b) Evaluating alternative courses of action
(c) Implementation of plan
(d) Identifying alternative courses of action
Answer : D
 
Question : It requires application of intelligent imagination and sound judgement. it determines the action to be taken with the logical and systematic thinking. identify the feature of one of the function of management.
(a) It involves decision making.
(b) It is a mental exercise
(c) It is futuristic.
(d) It is pervasive.
Answer :  B
 
Question : Assertion (A): Management translates the work in terms of goals to be achieved and assigns the means to achieve it.
Reason(R): All organisations exist for the performance of some work.
Alternatives:
(a) Both Assertion(A) and Reason(R) are True and Reason (R) is the correct explanation of Assertion (A).
(b) Both Assertion (A) and Reason(R) are True, but Reason (R) is not the correct explanation of Assertion (A).
(c) Assertion (A) is True, but Reason(R) is False.
(d) Assertion(A) is False, but Reason(R) is true
Answer : A
 
Question : Assertion (A) Public relation department can place story and dramatize the product in the media.
Reason (R) This will build market place excitement before the reach in the market, it will create favourable impression on target customer Codes:
(a) Both (A) and (R) are true. R is the correct explanation of A
(b) Both (A) and (R) are true. R is not the correct explanation of A
(c) A is correct but R is incorrect
(d) A is incorrect but R is correct
Answer : A
 
Question : “An organisation interacts with its external environment which consists of various social, economic and political factors. In order to be successful, an organisation must change itself and its goals according to the needs of the environment.” Identify the characteristic of management highlighted here.
(a) Management is a goal-oriented process
(b) Management is a group activity
(c) Management is multi-dimensional
(d) Management is a dynamic function
Answer : D
 
Question : Assertion (A): Art is the skilful and personal application of existing knowledge to achieve desired results.
Reason(R): If an organisation has good management team which is efficient and effective, it automatically serves society by providing good quality products at reasonable prices.
Alternatives:
(a) Both Assertion(A) and Reason(R) are True and Reason (R)is the correct explanation of Assertion (A).
(b) Both Assertion (A) and Reason(R) are True, but Reason (R)is not the correct explanation of Assertion(A).
(c) Assertion (A) is True, but Reason(R) is False.
(d) Assertion(A) is False, but Reason(R) is true
Answer : B

Question : “It is not always true that just because a plan has worked before it will work again. Besides, there are so many other unknown factors to be considered. This kind of complacency and false sense of security may actually lead to failure of planning.

Identify the limitation of planning being highlighted above:
(a) Planning leads to rigidity
(b) Planning may not work in a dynamic environment
(c) Planning does not guarantee success
(d) Planning involves huge cost
Answer : C

 
Question : According to Taylor, “each specialist is to be assigned work according to his/her qualities, the employees who possess technical mastery should be involved in planning work whereas those with energy and good health may be assigned execution work.” Name the related principle of scientific management.
(a) Functional foremanship
(b) Science, not rule of thumb
(c) Development of each and every person to his or her greatest efficiency and prosperity
(d) None of the above
Answer : C

 
Question : Make the correct order of following marketing functions
I) Market planning
II) Gathering and analysing marketing information
III) Standardisation and grading
IV) Product designing and development
(a) I, II, IV, III
(b) I, IV, II, III
(c) II, I, IV, III
(d) IV, I, II, III
Answer : C

 
Question : At times business may concentrate more on producing goods with fewer resources I.e., cutting down cost but not achieving the target production. Consequently, the goods do not reach the market and hence the demand for them declines and competitors enter the market. 
This is a case of:
(a) Being efficient but not effective
(b) Being effective but not efficient
(c) Being both effective and efficient
(d) All of these
Answer : A

 
Question : Most plans may not always be subjected to a mathematical analysis. In such cases, subjectivity and the manager's experience and judgement are taken into consideration. 
Identify the step of planning process :
(a) Setting up of objectives
(b) Identifying alternative courses of action
(c) Selecting alternative courses of action
(d) Evaluating alternative courses of action
Answer :  C

 
Question : Assertion (A): Functional foremanship technique divide the work of factory manager into two sub departments
Reason (R): Functional foremanship develop specialisation In the context of the above two statements, which one of the following is correct?
Codes

(a) A and R are true and R is the correct explanation of A
(b) A and R are true and R is not the correct explanation of A
(c) A is true but R is false
(d) A is false but R is true
Answer :  A

 
Question : Karam Limited is offering a travel package for 15 destinations worldwide with a free insurance on the bookings for the month of December, 2019. Identify the feature of marketing being described in the above lines.
(a) Needs and wants
(b) Creating a market offering
(c) Customer value
(d) Exchange mechanism
Answer :  C

 
Question : Assertion (A) Planning enables manager to look ahead and anticipate changes to deal with uncertain events.
Reason (R) Planning involves rational decisions.
(a) Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation of Assertion (A).
(b) Both Assertion (A) and Reason (R) are True and Reason (R) is not the correct explanation of Assertion (A).
(c) Assertion (A) is True but Reason (R) is False.
(d) Assertion (A) is False but Reason (R) is True.
Answer :  B

Read the following text and answer question on the basis of the same:
 

Ramdas, aged 49 is working in an aviation company. He is the senior-most employee in his division. He is even senior to the division manager, Kanaputti. Ramdas is considered one of the most committed, capable and hard working employees. As a result of his abilities and seniority, he generally received the work assignments of his choice. Although there was no formal designation of various special projects assigned to Ramdas, he handled them as a matter of routine. A problem developed when an able and intelligent person Nagarjuna, aged 33, was appointed by Kanaputti. Nagarjuna's previous three years experience in the closely related work, made it possible for him to catch on to the routine work of his new job more rapidly than was customary for a new employee. On several occasions, Kanapurti noticed the tension developing between the two employees. However, he didn't want to get involved in their personal issues as long as the work was completed effectively and efficiently by them. One day, the tension between them reached the boiling point and Ramdas complained to Kanapuni stating that his duties were being largely taken over by Nagarjuna. Kanaputti issued the order stating the clear allocation of the jobs and related duties between the two. He further clarified the working relationship between them by specifying who was to report to whom. This helped in reducing the workload, enhancing productivity and removing ambiguity.

 
Question : Identify the function of management highlighted in the above case.
(a) Planning
(b) Organising
(c) Staffing
(d) Directing
Answer :  B

 
Question : Identify the step in the process of the function of management identified, which has not been carried out properly and contributed to this problem.
(a) Identification and division of work
(b) Departmentalisation
(c) Assignment of duties
(d) Establishing authority and reporting relationships
Answer :  C

 
Question : Identify the two step in the process of the function of management identified, which have been taken by Kanaputti to respond to the complaint of Ramdas.
(a) Identification and division of work
(b) Departmentalisation
(c) Assignment of duties
(d) Establishing authority and reporting relationships
Answer :  C & D

 
Question : Identify the point(s) of importance of the function of management identified, as reflected in the above case.
(a) Clarity in working relationship
(b) Benefits of specialisation
(c) Effective administration
(d) All the above
Answer :  D

 
Read the following text and answer question on the basis of the same:

Haryaram is a famous chain selling a large variety of products in the Indian market. Their products include chips, biscuits, sweets and squashes. It charges a comparatively higher price than its competitors as it sells quality products. Besides, it offers regular discounts to its customers and easy credit terms to its retailers. It has five of its own retail shops. It also sells its products through various grocery stores so that the products are made available to customers at the right place, in the right quantity and at the right time. It regularly uses different communication tools to increase its sales.

 
Question : Which types of products are sold by Haryaram?
(a) Consumer goods
(b) Producer goods
(c) Services
(d) None of the above.
Answer : A

 
Question : Which philosophy of marketing management is being used by Haryaram?
(a) Production concept
(b) Product concept
(c) Selling concept
(d) Marketing concept
Answer : B

 
Question : Which promotional tool is being used by offering discounts to customers?
(a) Advertising
(b) Personal selling
(c) Sales promotion
(d) Public relations
Answer : C

 
Question : Haryaram is selling goods through grocery store, which channel of distribution is being used by Haryaram?
(a) Direct channel
(b) One level
(c) Two level
(d) None of these
Answer : B

 
Question : CEOs of Uber and Zomato decided to look after the financial needs of the employees during the ill effects of COVID 19 as they believed they are the people who helped them create their business. The decision of retention of employees relates to which of the following principle of management?
(a) Esprit de corps
(b) Stability of tenure of personnel
(c) Discipline
(d) Remuneration of employees
Answer : D

 
Question : DigiLocker is the country’s first secured cloud-based platform for the storage, issuance and verification of documents with the Driving Licence & Vehicle Registration System of the Road Transport Ministry. The integration of a government department with DigiLocker since its launch last year is one of the biggest of its kind. It will spare 1 people the trouble of carrying licences & vehicle papers, which can be accessed on phones using the DigiLocker app. Identify the related dimension of business environment.

(a) Economic dimension
(b) Technological dimension
(c) Social dimension
(d) Political dimension
Answer : B

 
Question : Which merit of business environment is highlighted in the lines, "After the subsidy Aman saw great potential in jute multi-pocket bags business which was not established yet in India but had been flourishing in UK where he studied during his graduation."
(a) Identify opportunities
(b) Tapping useful resources
(c) Coping with rapid changes
(d)Assisting in planning
Answer : A

 
Question : Mr. Ram is the C.E.O. in ‘Ram Lakhan General Pvt. Ltd.’ He is the head of the team making plans for the company also. He gave a number of suggestions to the team out of which the two main suggestions were: First, Mr. Ram said that they had to face a lot of problem in getting the main raw material used in the company, but in the next year it was possible that they could get it easily. Secondly, in the second coming year the rate of bank interest was most likely to increase, which would affect the company’s costs. He laid emphasis on this matter that both of his remarks should be kept in view while preparing the plans. Clarify to which stage of the planning process the above event is related.
(a) Setting objectives
(b) Developing premises
(c) Identifying alternative courses of action
(d) Evaluating alternative courses
Answer : B

 


CBSE Class 12 Business Studies Term 1 Sample Paper 2022 Set B

We hope you liked the above provided CBSE Class 12 Business Studies Term 1 Sample Paper 2022 Set B. To get an understanding of the type of questions which were asked in exams, it is important for Class 12 students to understand the way sample Paper are set by teachers. Students can download the Sample Paper for Class 12 Business Studies which will be coming in the exams so that you can practise them and solve all types of questions that can be asked in exams. By doing CBSE Class 12 Business Studies Term 1 Sample Paper 2022 Set B you will understand the regular questions and MCQ questions for Class 12 Business Studies which are always asked. You can download CBSE Class 12 Business Studies Sample Paper and Class 12 Business Studies Question Papers in PDF. You should attempt all the last year question paper for Class 12 and Class 12 Business Studies MCQ Test in examination conditions at home and then compare their answers with the solutions provided by our teachers.

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