NCERT Solutions for Class 12 Business Studies Chapter 12 Consumer Protection Short Answer Type Questions 1. Explain the importance of consumer protection from the point of view of business. Ans: A business can not survive without paying attention on protecting the consumers interest and adequately satisfying them. This is important because of the following reasons (i)…
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NCERT Solutions for Class 12 Business Studies Chapter 11 Marketing Very Short Answer Type Questions 1. Explain the advantages of branding to marketers of goods and services. Ans: Branding is an important function performed by a marketer. It has following advantages to the marketers (i) Enables marking product differentiation. (ii) Helps in advertising and display programmes.…
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NCERT Solutions for Class 12 Business Studies Chapter 10 Financical Market Short Answer Type Questions 1. What are the functions of a Financial Market? Ans: Financial market plays an important role in the allocation of scarce resources in an economy by performing the following four important functions (i) Mobilisation of Savings and Channelising Them into the…
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NCERT Solutions for Class 12 Business Studies Chapter 9 Financial Management Short Answer Type Questions 1. What is meant by capital structure? Ans: Capital structure refers to the mix between owners and borrowed funds. It represents the proportion of equity and debt 2. Discuss the two objectives of Financial Planning. Ans: Financial Planning strives to achieve the…
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NCERT Solutions for Class 12 Business Studies Chapter 8 Controlling Short Answer Type Questions 1. Explain the meaning of controlling. Ans: Controlling means ensuring that activities in an organisation are performed as per the plans. Controlling also ensures that an organisations resources are being used effectively and efficiently for the achievement of desired goals. Controlling is,…
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NCERT Solutions for Class 12 Business Studies Chapter 7 Directing Short Answer Type Questions 1. Distinguish between leaders and managers. Ans: Difference between Managers and Leaders 2. Define Motivation. Ans: Motivation is defined as inducing, inspiring and stimulating a person to perform with their best ability, to accomplish the goal. It depends upon satisfying needs of…
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NCERT Solutions for Class 12 Business Studies Chapter 6 Staffing Short Answer Type Questions 1. Briefly enumerate the important sources of recruitment. Ans: There are two important sources of recruitment When the firm arranges for manpower from within the organisation then it is known as an internal source. These are of two types (a) Transfer…
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NCERT Solutions for Class 12 Business Studies Chapter 5 Organising Short Answer Type Questions 1. Define ‘Organising? Ans: Organising is defined as a process that initiates implementation of plans by clarifying jobs, working relationships and effectively deploying resources for attainment of identified and desired results. 2. What are the steps in the process of organising?…
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NCERT Solutions for Class 12 Business Studies Chapter 4 Planning Short Answer Type Questions 1. What are the main points in the definition of planning? Ans: The main points in the definition of planning are as follows (i) Planning is deciding in advance what to do and how to do. (ii) It is one of the…
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NCERT Solutions for Class 12 Business Studies Chapter 3 Business Environment Short Answer Type Questions 1. What do you understand by business environment? Ans: The term ‘business environment’ means the sum total of all individuals, institutions and other forces that are outside the control of a business enterprise but that may affect its performance. The economic,…
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