ASSEB Class 12 Business Studies Solved Paper - 2025| H.S. 2ND YEAR
2025
BUSINESS
(Theory)
Full Marks: 80
Pass Marks: 34
Time: Three hours
The figures in the margin indicate
full marks for the questions.
1. Answer any six from the following: 1x6=6
(a) Which
function of management is considered as the base of all other function?
Ans:- Planning.
(b) Name the
book authored by Henry Fayol on management.
Ans:- General and Industrial Management.
(c) In which
year Indian economy was opened up?
Ans:- 1991.
(d) Mention
one responsibility of a consumer under the Consumer Protection Act.
Ans:-
Checking the quality or expiry date of a product before buying it.
(e) Give an
example of speciality products.
Ans:- Rolex
watches.
(f) What type
of instruments are traded in the money market?
Ans:-
Short-term instruments (like Treasury bills, Commercial papers, Certificates of
deposit)
(g) What is
the other name of long-term investment decision?
Ans:- Capital budgeting decision.
(h) Grapevine
is associated with which form of communication?
Ans:- Informal communication.
2. Answer any four from the following: 2x4=8
(a) Mention
any two features of planning.
Ans:-
Planning has two characteristics:-
(i) Planning is
a primary function of management that comes before all other functions, such as
organisation, staffing, directing and controlling.
(ii) Planning
involves setting objectives in advance and deciding on actions to achieve those
objectives.
(b) Write two
differences between formal and informal organisation.
Ans:- There
are two differences between formal and informal organisation:-
Formal
organisation:-
(i) Defined
structure with clearly established roles and authority.
(ii) Formed to
achieve specific organisational goals.
Informal
organisation:-
(i) Arises
spontaneously based on personal relationships and social interactions.
(ii) Developed
to meet the social and emotional needs of members.
(c) Write two
qualities of a leader.
Ans:- There
are two qualities of a leader:-
(i)
Integrity: A good leader acts ethically, is trustworthy and sets an example
for others.
(ii)
Effective communication: A leader is able to communicate ideas clearly and
listen actively to the team.
(d) Mention
two importance of control.
Ans:- Control
has two importance:-
(i) It ensures
that organisational activities are in conformity with planned objectives and
standards.
(ii) Helps in
identifying deviations from plans so that corrective action can be taken
immediately (based on standard business studies concepts).
(e) State two
importance of supervision.
Ans:-
Supervision has two importance:-
(i) It ensures
that the assigned work is carried out in accordance with instructions and
quality standards.
(ii) Provides
guidance and motivation to employees to perform the job effectively.
(f) Explain
two factors affecting the requirement of working capital.
Ans:- Two
factors affecting the working capital requirement are:-
(i) Nature
of business: Manufacturing businesses require more working capital than
trading businesses because of inventory requirements.
(ii)
Production cycle: Longer production cycles increase the amount of working
capital required, as funds are tied up for a longer period.
3. Answer any four from the following: 3x4=12
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