This document is a sample paper for a Class XII Business Studies exam. It contains 11 multiple choice and short answer questions covering various topics in business studies including the general environment of business, functions of management, competition in service industries, principles of management, planning limitations, and concepts like time study, standard time, and wage incentives. The questions range from 1 to 4 marks and students are instructed to attempt all questions within the allotted time of 60 minutes.

1. No. of Questions:11 Roll No.
Sample Paper
PERIODIC ASSESSMENT - 1
SESSION: 2022-23
CLASS: XII
SUBJECT: BUSINESS STUDIES
TIME: 60 MIN. M.M. 20
General Instructions:
● Attempt all the questions.
● Write your answer in legible handwriting.
● Marks of the questions are cited against them.
● Read the question paper very carefully before attempting questions.
1. Which component of general environment of business prohibits the advertisement of alcoholic beverages? (1)
2. Which function of management is concerned with finding the right people for the right job? (1)
3. Due to entry of foreign firms, competition for Indian firms has increased, especially in service industries. Name
such service Industry. .
(1)
4. Fill up the blank with correct answer. (1)
The method of time study will depend upon__________________.
5. Define ‘Initiative’. (1)
6. State the meaning of Mental Revoloution .(1)
7. How would you argue that the success of a business enterprise is significantly influenced by its
environment? (2)
8. Explain why is it said that the principles of management are ‘primarily behavioral’ and ‘contingent’ in
nature. Also, explain how principles of management ‘furnishes the managers with useful insights into
reality’ and ‘helps is thoughtful decision making’. (2)
9. Explain the Limitations of Planning. (2)
10. “Lack of proper management results in wastage of time, money and efforts. “Do you agree with this
statement? Give reasons in support of your answer. (4)
‘OR’
Rashmi, a home science graduate from a reputed college, has recently done a cookery course. She
wished to start her own venture with a goal to provide ‘health food’ at reasonable prices. She
discussed her idea with her teacher (mentor) who encouraged her. After analysing various options
for starting her business venture, they short listed the option to sell readymade and ‘ready to make’
vegetable shakes and milk shakes. Then, they weighed the pros and cons of both the short listed
options.
(a) Name the function of management being discussed above and give any one of its characteristics.
(b) Also briefly discuss any three limitations of the function discussed in the case

2. 11. ‘Work is Worship’ is a leading construction company. The organization has grown from strength to
strength because of its innovative ideas and scientific approach of working. Ten years back the
organization went through a revolution. All the operations and activities were properly noticed and the
standard time taken to perform them was noted. This took a few months and now the company could find
out the amount of workers required and the number of days to be involved in the various manufacturing
processes. A year later they moved to another level by considering the stress involved in the lives of the
workers. The amount and frequency of rest intervals in finishing a particular task were noted. This helped
the company in optimizing the rest intervals for the workers so that their outputs could be increased. After
six more months the company decided to reward the efficient workers. A different rate of wage payment
was decided for those workers who performed above the standard. The standard was decided. This led to
a revolutionary change in the perspective of the workers who now started giving their full efforts in order
to increase their wages. (2x2=4)
(a) Which concept of management has been discussed in the above case?
(b) Name the three types of this management concept highlighted above. Also identify the lines where
these types have been indicated.
***ALL THE BEST***