List of top Business Studies Questions on Business Strategy

......... is a philosophy that implies selective dispersal of authority because it propagates the belief that people are competent, capable, and resourceful.

A very useful training method has been adopted by many training institutes since long by providing real work environment for trainees. This type of training is termed as:

Which of the following is NOT an aspect of staffing?

Paras developed a negative attitude towards his work because of his unsatisfactory performance appraisal. Which of the following may help him to change his attitude?

Which of the following cannot be a characteristic of an entrepreneur?

Which of the following factor is NOT responsible for emergence of entrepreneurship?

Which of the following are the limitations of internal sources of recruitment? (A) The scope for induction of fresh talent is reduced.
(B) Employees are motivated to improve their performance.
(C) The employees may not take challenging tasks if they are sure of time-bound promotions.
(D) Internal recruitment may boost the competitive environment in the organisation.

Which of the following are identified as features of a profession? (A) Well-defined body of knowledge
(B) Existence of theoretical knowledge
(C) Entry restricted on the basis of examination or education
(D) Dominance of service motive

Controlling is important for the following reasons: (A) Judging Accuracy of Standards
(B) Ensuring creativity in the organisation
(C) Facilitating Coordination in Action
(D) Making Efficient Use of Resources

Match List-I with List-II: \[ \begin{array}{|l|l|} \hline \textbf{Business Environment} & \textbf{Dimension} \\ \hline (A) \; \text{Economic} & (I) \; \text{KYC compliance is mandatory in mutual funds investment} \\ \hline (B) \; \text{Social} & (II) \; \text{Construction companies prefer low longer-term interest rates} \\ \hline (C) \; \text{Legal} & (III) \; \text{The government maintains general stability and peace in the country} \\ \hline (D) \; \text{Political} & (IV) \; \text{Rise in demand for goods during festivals} \\ \hline \end{array} \]

Arrange the following steps of planning process in a logical sequence: (A) Making certain assumptions about the future
(B) Selecting the best possible and viable alternative
(C) Weighing the pros and cons of each alternative
(D) Monitoring the plan to ensure that objectives are achieved

The sum total of all individuals, institutions and other forces that are outside the control of a business firm, but that may affect its performance is known as:

Which of the following is related to the economic dimension of the business environment?

Controlling improves future ....... by providing information derived from past experience.

'Compensation refers to all forms of pay or rewards going to employees where some payments are direct and some are indirect.' An indirect payment is:

Arrange the following stages of staffing process in the correct order: (A) Searching for employees and stimulating them to apply
(B) Issuing offer letter
(C) Giving a brief presentation about the company
(D) Determining the number of personnel required for vacant positions

Arrange the following stages of motivation in order: (A) Unsatisfied need
(B) Search behavior
(C) Drives
(D) Reduction of tension

Arrange the following steps of organizing process in a logical order: (A) Grouping similar activities
(B) Dividing the work according to the plan
(C) Establishing clear relationships to create a hierarchical structure
(D) Allocating work to various employees