Business Studies

Worksheet No.-1
Date: 6/6/2022

Chapter- 1&2 Marks: 20

1) A sales person is asked to nalize a deal with customer. The marke ng manager allows him to give a discount
of up to 10% but the Finance Manager allows him to give discount of upto 25%. Which principle is violated
here? (1)
2) “Workers should be encouraged to develop and carry out theirplans for development.” Iden fy the principle
of management formulated by Fayol. (1)
3) Ms. Rhytm and Mr. Rohit are Data Entry Operators in a company having same educa onal quali ca ons. Ritu
is ge ng Rs. 5,000 per month and Mohit Rs. 6,000 per month as salary for the same working hours. Which
principle of management is violated in the case? Name and explain the principle. (3)
4)Name and explain that principle of Fayol which suggests that communica on from top to bo om should
follow the o cial lines of command. (5)
5)Taylor’s principles of scien c management and Fayol’s principles of management are mutually
complementary.” Do you agree with this view? Give any four reasons in support of your answer. (6)
6) Read the following text and answer the ques on:
Priya, Riya and Seema are best friends They started a manufacturing unit of garments in Delhi. A er a successful
establishment in Delhi. They decided to open one of its branches in rural areas in Haryana with the objec ve of
reducing the cost and o ering jobs to the locals. They assessed and analyzed the type and number of
employees required, keeping in mind that they have to encourage women in rural areas. They also o ered
employment opportuni es to physically challenged people of rural areas. They sa sfy the nancial needs of
employees. This step has raised the living standard of people living in rural areas. (4)
A) "They have to encourage women in rural areas and they o ered employment opportuni es to physically
challenged people in rural areas." Which objec ve of management is highlighted here?
a. Personal
b. Organisa onal
c. Social
d. Economic
B) "They decided to open a branch in rural areas with the objec ve of reducing cost and o ering job to the
locals. Which social objec ve is ful lled by this e ort?
a. Using eco-friendly methods of produc on
b. Providing nancial support to community
c. Contribu on towards civic ameni es
d. Genera on of employment opportuni es
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 C) "They sa sfy the nancial needs of employees by o ering good salaries." This statement highlights which
objec ve of management?
a. Social
b. Economic
c. Personal
d. Organisa onal
D) A business needs to add to its prospects in the long run. Iden fy the organisa onal objec ve highlighted by
this.
a. Growth
b. Pro t
c. Survival
d. Produc on

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