Class 12 Business StudiesImportant Questions for Board Exams

Is management an art or a science? Discuss.

Explain the importance of management for an organisation.

Explain any five of Fayol's principles of management with examples.

What is 'Functional Foremanship' as suggested by Taylor? Explain its eight functional specialists.

What is business environment? Explain its five components.

How did the introduction of GST change the business environment in India?

'Planning is looking ahead while controlling is looking back.' Comment.

Explain the types of plans. Give an example of each.

What is delegation? Explain its elements: authority, responsibility, and accountability.

Compare functional and divisional organisational structure on any five points.

Distinguish between internal and external sources of recruitment. State two advantages of each.

Explain any five steps in the selection process.

Explain Maslow's hierarchy of needs. How can it be used to motivate employees at different levels?

What is the difference between formal and informal communication? What are the types of informal communication (grapevine)?

Explain the process of controlling. How does it relate to planning?

What is Management by Objectives (MBO)? State its advantages.

What is 'trading on equity'? Explain with an example.

Explain the factors affecting the working capital requirements of a firm.

Explain the functions of a stock exchange.

What are the objectives of SEBI? Describe its regulatory, developmental, and protective functions.

Explain the four elements of the marketing mix with examples.

Distinguish between the selling concept and the marketing concept.