BUSINESS STUDIES

BUSINESS STUDIES NOTES - VALUE BASED QUESTIONS -BY BODMAS CAREER ACDEMY

Unit -1 Nature and significance of Management

Q.1 A Cloth manufacturer distributes its defective  product at free  of  cost (after getting  them repaired from Nari Niketan at lower cost) to orphanage. Which values are being attested in this solution?        

Ans. i) Fulfilness  of social responsibility

         ii) Help to needy class of society

        iii) Employment to members of Nari Niketan

        iv) Full utilization of defective product after improvement

Q.2 An organization has production, purchase, marketing, finance  and human resource departments. All of them working together to achieve organizational goals. From your point of view which value which value is reflected here? 

Ans. Co-Operation, Co ordination, do work with the help of each other.

Q.3 A manufacturer of fridge has used new technology in place of using harmful gases, which do not cause air pollution. Which value being followed here?  

Ans. i) Environment Protection

         ii) To fulfill social responsibility

Q.4 A production manager has directed his employees to put/throw different types of wastes like papers, plastics & chemicals in the respective earmarked dustbins. By this which value he want to inculcate among his employees?   

Ans. i) Management of waste material

         ii) Environment Protection

        iii) To fulfill social responsibility

        iv) Awareness in employees

         v) hygienic working environment   

Q.5 An industrial unit, working in a backward area opens schools for education at nominal cost for the children of its employees and local people. By this act which value is promoted here?

Ans. i) Helpful in increasing literacy rate

         ii) Development of society

        iii) Increase in Employment opportunities in backward areas.

Q.6 A factory  established in a  residential locality,  uses machines creating  heavy  noise while running.  Factory Manager always ready to provide financial help to local people.  Due to noise pollution student can’t study properly and residence can’t sleep/work properly. The owners also know it. Which values are affected here?

Ans. i) Noise Pollution

         ii) Bad effect on the health of employees

        iii) Bad effect on the studies and health of children

        iv) Development of society with financial help.

Q.7   A famous doctor charges high for  consultation from his patients and refuses to treat the poor patients without consultation charges. He also pays attention to the medical representatives and agents of  Pharma  co. he  takes gifts and commission also. In your view, is it  professional behavior of doctor? Does he follow the code of conduct of doctor?

Ans. i) Disobey of professional code of conduct

         ii) Not fulfilling social responsibilities

        iii) To take care of poor patients also.