Chapter-Wise MCQ Based Questions with Explanations for CUET Business studies
About CUET Business Studies
Business studies is a field that includes topics like finance, marketing, and accounting. Its research combines ideas from modern organisations, marketing, accounting, and economics. A thorough subject in the social sciences, business studies allows the thorough consideration of a broad range of abilities, including financial management, planning, organisation, accounting, marketing, and managing human resources. Business studies are important for daily life and have a serious influence on how we view cash and transactions.
How to strengthen business studies for CUET Entrance Exam
All the questions and paper is prepared NTA for the CUET exam so the preferred book for CUET is the NCERT textbook. Follow the following points to score good marks in the CUET entrance exam.
To correlate every topic to a real-world situation and consider how to apply it, you must begin your studies well enough in advance. A thorough review is essential for examination performance.
Bring together some of the points, practise logs, and Smarts core Notes that you have created over the duration of the year. Start making plans for editing. Spend the time allowed between each of the chapters going through the problems you had trouble understanding while practising.
Moving from easy to harder topics in order to establish a strong foundation for resolving case studies and application-based concerns. After knowing the concepts, you should memorise them so you are able to correctly write them out in the examination if you want to receive all the points.
CBSE Class 12 Business Studies Academic Resources 2023-24
| Class 12 Business Studies NCERT Solutions | Questions | MCQs |
|---|
Points to follow to become an expert in business studies for CUET Exam
Do not view business as a burden; rather, appreciate it because you will be dealing with it frequently in the near future. Don't put off learning it until the last few months; instead, develop a proper study routine.
The meaning of the question is a major concern. You must completely appreciate the point because the queries will be case studies that are one page long. The topic will always be supported by a theory that takes into account fundamental points from everyday life.
Most importantly, simply read the questions. The query would be complex. Some questions can ask you to provide an explanation. There is a chance to overlook that term.
CUET Business Studies Syllabus
CUET Business Studies Unit I: Nature and Significance of Management
Management – Concept, Objectives, Importance.
Nature of Management; Management as Science, Art, Profession.
Levels of Management – Top, Middle Supervisory (First level).
Management Functions – Planning, Organizing, Staffing, Directing, and Controlling.
Coordination – Nature, and Importance.
CUET Business Studies Unit II: Principles of Management
Principles of Management – Meaning, Nature, and Significance.
Fayol’s Principles of Management.
Taylor’s Scientific Management – Principles and Techniques
CUET Business Studies Unit III: Business Environment
Business Environment – Meaning and Importance.
Dimensions of Business Environment – Economic, Social, Technological, Political, and Legal.
Economic Environment in India.
Impact of Government policy changes on Business and Industry, with Special Reference to the adoption of the policies of Liberalization Privatization, and Globalization.
CUET Business Studies Unit IV: Planning
Planning - Meaning, Features, Importance, and Limitations.
Planning Process.
Types of Plans – Objectives, Strategy, Policy, Procedure, Method, Rule, Budget, Programme.
CUET Business Studies Unit V: Organizing
Organizing - Meaning and Importance.
Steps in the Process of Organizing.
Structure of Organization – Functional, and Divisional.
Formal and Informal Organization.
Delegation: Meaning elements and Importance.
Decentralization: Meaning and Importance.
Difference between Delegation and Decentralization.
CUET Business Studies Unit VI: Staffing
Meaning, Need, and Importance of Staffing.
Staffing as a part of Human Resources Management.
Steps in the Staffing Process.
Recruitment – Meaning and Sources.
Selection – Meaning and Process.
Training and Development – Meaning, Need, Methods – on-the-job and off-the-job methods of training.
CUET Business Studies Unit VII: Directing
Directing - Meaning, Importance, and Principles.
Elements of Direction.
Supervision – Meaning and Importance.
Motivation – Meaning and Importance, Maslow’s Hierarchy of needs.
Financial and Non-Financial Incentives.
Leadership – Meaning, Importance; Qualities of a good leader.
Communication – Meaning, and Importance, Formal and Informal Communication.
Barriers to effective communication.
CUET Business Studies Unit VIII: Controlling
Meaning and importance.
Relationship between Planning and Controlling.
Steps in the Process of Control.
Techniques of Controlling.
CUET Business Studies Unit IX: Business Finance
Business finance – Meaning, Role, Objectives of Financial Management.
Financial Planning – Meaning and Importance.
Capital Structure – Meaning and Factors.
Fixed and Working Capital – Meaning and Factors affecting their requirements.
CUET Business Studies Unit X: Financial Markets
Concept of Financial Market: Money Market – Nature Instruments.
Capital Market: Nature and Types – Primary and Secondary market.
The Distinction between Capital Market and Money Market.
Stock Exchange – Meaning, Functions, NSEI, OCTEI, Trading Procedure.
Securities and Exchange Board of India (SEBI) – Objectives, Functions.
CUET Business Studies Unit XI: Marketing
Marketing – Meaning, Functions, Role.
The Distinction between Marketing and Selling.
Marketing Mix – Concept and Elements.
Product – Nature, Classification, Branding, Labeling, and Packaging
Physical Distribution: Meaning, & Role.
Channels of Distribution – Meaning, Types, Factors, Determining the choice of channels.
Promotion – Meaning and Role, Promotion Mix, Role of Advertising and Personal Selling.
Objections to Advertising.
Price: Factors Influencing Pricing.
CUET Business Studies Unit XII: Consumer Protection
Importance of Consumer Protection.
Consumer Rights.
Consumer Responsibilities.
Ways and Means of Consumer Protection.
Consumer Awareness and Legal Redressal with Particular Reference to the Consumer Protection Act.
Role of Consumer Organizations and NGOs.
CUET Business Studies Unit XIII: Entrepreneurship Development
Concept, Functions, and Need.
Entrepreneurship Characteristics and Competencies.
Process of Entrepreneurship Development.
Entrepreneurial Values, Attitudes, and Motivation – Meaning and Concept.
Important MCQ Questions for CUET domain subjects-2023-24
Frequently Asked Questions on Chapter-Wise MCQ Based Questions with Explanations for CUET Business studies
. Is the syllabus for CUET business studies difficult?
No, because of the brand-new courses in the Commerce stream, the majority of students consider CUET to be challenging academically. They have a hard time studying for tests. But this is one of the easiest subjects.
. Why is CUET Business Studies good?
A business study will help you gain a solid knowledge of fundamental financial theory, how global events affect markets, and how to evaluate a company's financial health.
. What is a Suitable Way to Prepare for the BST CUET?
One of the most systematic techniques for students attempting to prepare for the CUET BST is to move forward in a proper sequence as compared to studying in keeping with comfort. In this way, the right flow is maintained.
. What are the chapters included in the syllabus of Business Studies CUET?
Part A: The Foundation of Business
The Evolution and Fundamentals of Business
Forms of business organisations
Public, Private, and Global Enterprises
Business Services
Emerging Modes of Business
Business Social Responsibility and Business Ethics
Part B: Finance and Trade
Sources of business finance
Small Businesses and Enterprises
Internal Trade
International Trade