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Business Studies - Company Law and Management

Covers company documents (Memorandum of Association, Articles of Association, Prospectus), business structures (franchise, limited liability companies, non-profit corporations), management theory, organizational structure, and business operations for class XI students.

18 Questions Published
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Questions

Question 1 Multiple Choice (Single Answer)

Advantages to the franchise in a franchise are _______________.

  1. Marketing
  2. Econimies of scale
  3. Instant goodwill
  4. All of the above
Question 2 Multiple Choice (Single Answer)
State the following statement is True or False:
Articles of Association acts as the charter of the company. 
  1. True
  2. False
Question 3 Multiple Choice (Single Answer)

If you are going to put Rs. $1,00,000$ in a fixed deposit for a year at $10%$ rate of interest, then you know how much interest your money will earn. What kind of a decision-making condition is this?

  1. Certain
  2. Uncertain
  3. Risk
  4. Normal
Question 4 Multiple Choice (Single Answer)

Limited liability company posses not more than $2$ of the following character
$1$. Limited liability
$2$. Raise funds from public
$3$. No separation of management from owners
$4$. Restriction on number of partners

  1. $2 & 4$
  2. $1 & 2$
  3. $1 & 3$
  4. $1 & 4$
Question 5 Multiple Choice (Single Answer)

Premises which are absolutely beyond the clutch of business enterprises are ________________.

  1. Non-controllable
  2. Controllable premises
  3. Avoidable premises
  4. (B) or (C)
Question 6 Multiple Choice (Single Answer)

Activities involved in physical involvement of goods from the factory to market etc. is called _____________.

  1. logistics
  2. Merger
  3. Mission
  4. None of the above
Question 7 Multiple Choice (Single Answer)

The regional offices are headed by the regional sectors.

  1. True
  2. False
Question 8 Multiple Choice (Single Answer)
The Memorandum of Association is an unalterable document.
  1. True
  2. False
Question 9 Multiple Choice (Single Answer)
State with reasons whether the following statements are True or False:
Nobody is liable for mis-statement in the prospectus. 
  1. True
  2. False
Question 10 Multiple Choice (Single Answer)
'Table A' acts as a silent salesman of the company. 
  1. True
  2. False
Question 11 Multiple Choice (Single Answer)
State with reasons whether the following statement is True or False:
Prospectus is a charter of the company.
  1. True
  2. False
Question 12 Multiple Choice (Single Answer)
State with reasons whether the following statements are True or False:
Prospectus is prepared only for filing with the Registrar. 
  1. True
  2. False
Question 13 Multiple Choice (Single Answer)
State with reasons whether the following statements are True or False:
Any clause of memorandum can be altered easily. 
  1. True
  2. False
Question 14 Multiple Choice (Single Answer)

Motion can be amended.

  1. True
  2. False
Question 15 Multiple Choice (Single Answer)

What is true for Branch office?

  1. It is not allowed to carry on manufacturing activity on its own.
  2. It is allowed to carry on manufacturing on its own.
  3. It is allowed to carry on business without the permission of RBI.
  4. None of the above.
Question 16 Multiple Choice (Single Answer)

The principles of right and wrong that are accepted by an individual or organization are the  ____________.

  1. Research and Development
  2. Company Image and Brand Equity
  3. Value System
  4. All of above
Question 17 Multiple Choice (Single Answer)

Consider the following statements:
1. Through the Hawthorne Studies, Elton Mayo could support Mary Parker Follett's theory that the lack of attention to human relationships was a major flaw in other management theories.
2. The book - The Human Problems of an industrialised Civilisation, was written by Mary Parker Follett.
Which of the statements given above is/are correct?

  1. Only 1
  2. Only 2
  3. Both 1 and 2
  4. Neither 1 nor 2
Question 18 Multiple Choice (Single Answer)

Common examples for non-profit corporations are ________________.

  1. Educational corporations
  2. Charitable corporations
  3. Religious corporations
  4. All of above
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