Solved question paper for Business Studies 2 Mar-2018 (PSEB Class 12th)

Solved Question Paper

Business Studies 2 Mar-2018

PSEB • Class 12th • 1st • Mar-2018

Business Studies 2 previous year question papers on BRpaper help students browse Punjab School Education Board papers for PSEB 12th Class Question Papers, including this subject under the class 12 section. Because this subject is also commonly searched as Business Studies II, the page is useful for students looking for old question papers, paper-format references, and subject-wise practice material in one place. Use this section to review question styles, repeated themes, and the way marks and sections are usually presented in exam papers. It can support quick revision, help you compare past papers with sample or model-paper style practice, and give a clearer idea of important questions before exams. BRpaper is not the official website of Punjab School Education Board or any institution, and it does not publish official notices or academic updates. It simply helps students find and browse subject-wise exam papers and related preparation material where available.

PRINCIPLES AND FUNCTIONS OF MANAGEMENT

UNIT-1: NATURE AND SIGNIFICANCE OF MANAGEMENT.

(a) Management Concept, Objectives and Importance.

(b) Management as an Activity, Process, Discipline and as a Group.

(d) Management and Administration Comparison.

(e) Level of Management-Top, Middle & Supervisory.

(f) Management Function-Planning, Organizing, Staffing, Directing Coordinating and Controlling.

UNIT-2: PRINCIPLES OF MANAGEMENT

(a) Principles of Management: Meaning, Nature & Significance.

(b) Fayol's Principles of Management.

UNIT-3: BUSINESS ENVIRONMENT

(a) Business Environment - Meaning & Importance.

(b) Dimensions of Business Environment-Political, Economic, Social Legal and Technological.

(c) Economic Environment in India, Impact of Govt. Policy changes on business & industry with Refrence to Liberalization, Privatization and Globalization (since 1991).

UNIT-4: PLANNING

(a) Meaning, Features, Process, Importance & Limitations.

(b) Goals, Objectives, Policy, Procedures, Strategy, Methods, Rules, Budgets and Programmes-Meaning and Distinction.

UNIT-5: ORGANISATION

(a) Meaning and Importance

(b) Process of Organizing

(d) Delegation: Meaning, Elements and Importance, Barriers in the way of delegation, Step to make delegation effective.

(e) Decentralization: Meaning and Importance

(f) Difference between Centralization and Decentralization.

(g) Difference between Delegation and Decentralization.

UNIT-6: STAFFING

(a) Staffing: Meaning, Need and Importance

(b) Steps in Staffing Process:

(i) Recruitment: Meaning and Sources.

(ii) Selection: Meaning and Process.

(iii) Training & Development: Meaning, Need, Types and Methods.

(d) Types of Compensation and Incentives: Monetary &Non Monetary.

UNIT-7: DIRECTING

(a) Directing: Meaning and Importance.

(b) Elements of Direction:

i. Supervision: Meaning and Importance

ii. Motivation: Meaning and Importance, Maslow's hierarchy of needs: Financial & Non-Financial Incentives.

iii. Leadership: Meaning, Importance, Quality of a good leader.

iv. Communication: Meaning and Importance, Types of Communication and Barriers to Effective Communication.

UNIT-8: COORDINATION

Coordination: Meaning, Nature & Importance.

UNIT-9: CONTROLLING

(a) Controlling: Meaning and Importance.

(b) Relationship between Planning and Controlling.

BUSINESS FINANCE AND MARKETING

UNIT-10: BUSINESS FINANCE

(a) Meaning and Objectives of Finance Functions, Profit Maximization vs Wealth Maximization.

(b) Financial Planning: Meaning & Importance

(d) Working Capital: Meaning, Importance, Types & Factors affecting its requirements.

UNIT-11: FINANCIAL MARKETS

(a) Concept of Financial Market: Money Market-Nature, Instruments.

(b) Capital Market: Nature, and Types-Primary and Secondary Market.

(c} Distinction between Capital Market and Money Markets.

(d) Stock Exchange; Meaning, Functions, NSEI, OCTEI, Training Procedure.

(e) Securities and Exchange Board of India (SEBI): Objectives and Functions.

UNIT-12: MARKETING

(a) Marketing: Meaning, Function & Role.

(b) Distinction between Marketing & Selling.

(i) Product: Nature, Classification, Branding, Labeling and Packaging.

(ii) Physical Distribution: Meaning, Role, Channels of Distribution:-

Meaning, Types, Factors determining choice of channel.

(iii) Promotion: Meaning and Role, Promotion Mix, Role of Advertising and Personal Selling, Objectives of Advertising.

(iv) Price: Factors influencing Pricing.- 140 -

UNIT-13: CONSUMER PROTECTION

(a) Importance of Consumer Protection,

(b) Consumer Rights.

(d) Ways and Means of Consumer Protection: Consumer Awareness and legal redressal with special reference to Consumer Protection Act 1986.

(e) Role of Consumer Organization and NGO's.

UNIT-14 ENTREPRENEURSHIP DEVELOPMENT

(a) Entrepreneurship: Concept, Characteristics, Needs and Functions.

(b) Process of Entrepreneurship Development.

Question papers (year-wise) Solutions

Solved Questions

Solved

Part-A

(a) Who suggested the concept of functional organisation ?

Very Short Answer Mar-2018 • PSEB Class 12th

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Mar 2018
Who suggested the concept of functional organisation ?

Mar 2018
Who suggested the concept of functional organisation ?
Commercial Papers are issued by:

(a) A corporate (b) RBI (c) A commercial Bank (d) None of these

Very Short Answer Mar-2018 • PSEB Class 12th

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Mar 2018
Commercial Papers are issued by:
\r\n
\r\n(a) A corporate
\r\n(b) RBI
\r\n(c) A commercial Bank
\r\n(d) None of these

Mar 2018
Part-A

1. (a) Commercial Papers are issued by:

(a) A corporate
(b) RBI
(c) A commercial Bank
(d) None of these
Fill in the blanks :
Management is oldest of Art and Youngest of ...

Very Short Answer Mar-2018 • PSEB Class 12th

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Mar 2018
Part-A

1. (a) Fill in the blanks :
Management is oldest of Art and Youngest of ......................

Mar 2018
Fill in the blanks :
\r\n\r\n
Management is oldest of Art and Youngest of .............
Write true or false :
Functional Foremanship is not a technique of scientific management.

Very Short Answer Mar-2018 • PSEB Class 12th

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Mar 2018
Write true or false :
\r\n Functional Foremanship is not a technique of scientific management.

Mar 2018
Write true or false :
\r\n
\r\n Functional Foremanship is not a technique of scientific management.

What is management audit?

Very Short Answer Mar-2018 • PSEB Class 12th

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Mar 2018
What is management audit?

Mar 2018
What is management audit?
Part-B
2. What is Capital Gearing ?

Very Short Answer Mar-2018 • PSEB Class 12th

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Mar 2018
What is Capital Gearing ?

Mar 2018
What is Capital Gearing ?
What is PERT?

Very Short Answer Mar-2018 • PSEB Class 12th

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Mar 2018
What is PERT?

Mar 2018
Part-B

2. What is PERT?
What is the amount of penalty in case of non-compliance with orders of consumerforum?

Short Answer Mar-2018 • PSEB Class 12th

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Mar 2018
What is the amount of penalty in case of non-compliance with orders of consumer forum ?

Mar 2018
What is the amount of penalty in case of non-compliance with orders ofconsumerforum?

Explain Harmony not Discord.

Very Short Answer Mar-2018 • PSEB Class 12th

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Mar 2018
Explain Harmony not Discord
What is Upward Communication ?

Very Short Answer Mar-2018 • PSEB Class 12th

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Mar 2018
What is Upward Communication ?

Mar 2018
What is Upward Communication ?
What is Globalization ?

Very Short Answer Mar-2018 • PSEB Class 12th

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Mar 2018
What is Globalization ?

Mar 2018
What is Globalization ?
A worker completes his work in 8 hours, while standard time is 10 hours, rate per hour is 2. Calculate total earnings by 'Halsey Plan' of wage payment

Very Short Answer Mar-2018 • PSEB Class 12th

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Mar 2018
A worker completes his work in 8 hours, while standard time is 10 hours, rate per hour is 2. Calculate total earnings by 'Halsey Plan' of wage payment.

Mar 2018
A worker completes his work in 8 hours, while standard time is 10 hours, rate per hour is 2.Calculate total earnings by 'Halsey Plan' of wage payment.

Part-C

Do any seven questions out of Nine Questions : (Q. 9 to Q. 17)
9. Write any four differences between Direction and Supervision.

Short Answer Mar-2018 • PSEB Class 12th

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What is Primary Market ? Write role of primary market..

Long Answer Mar-2018 • PSEB Class 12th

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Mar 2018
What is Primary Market ? Write role of primary market.

Mar 2018
What is Primary Market ? Write role of primary market
Write any four differences between selling and marketing,

Long Answer Mar-2018 • PSEB Class 12th

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Mar 2018
Write any four differences between selling and marketing.

Mar 2018
Write any four differences between selling and marketing,
"A principle is a basic statement.” Discuss.

Long Answer Mar-2018 • PSEB Class 12th

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Mar 2018
"A principle is a basic statement.” Discuss.

What is the need of Training ?

Long Answer Mar-2018 • PSEB Class 12th

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Mar 2018
What is the need of Training ?

Mar 2018
What is the need of Training ?
Write any four functions of Labelling.

Long Answer Mar-2018 • PSEB Class 12th

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Mar 2018
Write any four functions of Labelling.

Mar 2018
Write any four functions of Labelling.
Give four sources of entrepreneurial values..

Long Answer Mar-2018 • PSEB Class 12th

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Mar 2018
Give four sources of entrepreneurial values.

Mar 2018
Give four sources of entrepreneurial values..
Write any four differences between 'objectives and policies'

Long Answer Mar-2018 • PSEB Class 12th

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Mar 2018
Write any four differences between 'objectives and policies'.

Mar 2018
Write any four differences between 'objectives and policies'.

Outline any four techniques of co-ordination

Long Answer Mar-2018 • PSEB Class 12th

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Mar 2018
Outline any four techniques of co-ordination.

Mar 2018
Outline any four techniques of co-ordination.

Mar 2017
Write any four objectives of Co-ordination

Mar 2017
Write any four principles of co-ordination
Part-D

18. What is Directing ? Explain its nature.

Or

Long Answer Mar-2018 • PSEB Class 12th

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"Delegation is a key element in effective organising". How?

Long Answer Mar-2018 • PSEB Class 12th

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Mar 2018
"Delegation is a key element in effective organising”. How ?

Mar 2018
"Delegation is a key element in effective organising". How?
What do you understand by Physical Distribution ? Explain the factors determining the channels of distribution

Or

Long Answer Mar-2018 • PSEB Class 12th

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Mar 2018
What do you understand by Physical Distribution ? Explain the factors determining the channels of distribution
\r\n
\r\nOr

Mar 2018
Part-D

18. What do you understand by Physical Distribution ? Explain the factors determining the channels of distribution.

Write importance of Entrepreneurial Motivation.

Long Answer Mar-2018 • PSEB Class 12th

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Mar 2018
Write importance of Entrepreneurial Motivation.

Mar 2018
Or

Write importance of Entrepreneurial Motivation.
What is Management ? Explain its Importance.

Or

Long Answer Mar-2018 • PSEB Class 12th

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Mar 2018
What is Management ? Explain its Importance,
\r\n\r\n
Or
Define Planning. Explain its characteristics.

Long Answer Mar-2018 • PSEB Class 12th

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Mar 2018
Define Planning. Explain its characteristics

Mar 2018
Define Planning. Explain its characteristics.

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FAQ

Frequently Asked Questions

Answers about this subject, solved papers, and preparation.

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01 How can I find PSEB 12th Class Business Studies 2 previous year question papers for Semester 1 on BRpaper?

Open the Business Studies 2 subject page under PSEB 12th Class Question Papers, Semester 1. This page is meant to help students browse subject-wise previous year question papers and use them for exam practice and revision.

02 Are Business Studies 2 and Business Studies II the same on this PSEB 12th page?

Yes, students often search for this subject as Business Studies 2 or Business Studies II. This BRpaper subject page helps you find the same subject area under the Class 12 section for paper browsing and practice.

03 Can I use previous year Business Studies 2 papers to understand the exam pattern?

Yes. Previous year question papers can help you see how questions are usually presented, how sections may be arranged, and which topics appear repeatedly. For the latest structure, students also compare old papers with sample paper or model paper formats where available.

04 What types of questions should I prepare for from PSEB Class 12 Business Studies 2 papers?

Students usually use past Business Studies papers to prepare broadly for MCQ-style questions, short answers, long answers, and case or source-based practice where applicable. The main benefit is understanding question style and improving answer-writing readiness.

05 How should I use Business Studies 2 previous year papers for revision before the board exam?

Use them for quick practice, chapter prioritization, and time management. Solving multiple papers can help you notice repeated themes, identify important questions for last-minute revision, and test how well you can write answers under exam conditions.

06 Should I use sample papers or model papers along with previous year Business Studies 2 papers?

Yes. Previous year papers show real past question trends, while sample papers or model papers can help you understand current paper structure and practice flow. Using both together is a practical way to prepare for Business Studies 2.

Solved question paper for Business Studies 2 Mar-2018 (PSEB Class 12th)

Business Studies 2 Mar-2018

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