CBSE Class 12 Business Studies Answer Key 2021-2022 (Available) – Check Here for Term 1

CBSE Class 12 Business Studies Answer Key 2021 – 2022 – Students can check CBSE Class 12 Business Studies Answer Key 2021-22 from this page. The Central Board of Secondary Education ( CBSE ) Exam for Class 12 Business Studies was held today on December 8, 2021. The exam was held from 11:30 a.m. to 1 pm for a total duration of 1.5 hours of writing time. Answer Keys of CBSE Class 12 Business Studies is here for students to check and evaluate their performance. The Answer Keys are a vital document that will be released by the CBSE board later but candidates can check the CBSE Class 12 Business Studies answer key by various Coaching Institutions here. This year CBSE Class 12 Business St. exam was held in MCQ format and with the truncated syllabus. The Board will be conducting the Term 2 Exam for Business Studies later in 2022. Candidates can check the Answer Keys here to match their responses and estimate a score that they may receive in CBSE Class 12 exam.

Latest: CBSE 12th Term 1 Business Studies Answer Key 2021-22 Solution is now available. Check it from below.

CBSE Class 12 Business Studies Answer Keys

The Answer Keys of CBSE Class 12 will help the students to calculate the marks secured by them in the CBSE Term 1 exam which was held on December 8, 2021. Students can check the Class 12 Business Studies Question with Answers Here.

Ques. At times a business may concentrate on producing goods with fewer resources but cannot achieve the targeted production. In such a case, the business is said to be:
Ans. Efficient but not effective

Q2. The process that initiates implementation of plans by clarifying jobs, working relationship and effectively deploying resources for attainment of identified and desired result is called:
Ans. Organising

Q3. Which marketing management philosophy lays emphasis on bringing continuous improvement in the quality of the products?
Ans: Product Concept

Q4. The objective of which of the following techniques of scientific management is to determine the number of workers to be employed is an organisation?
Ans. Time study

Q5. Which of the following is an element of political environment?
Ans.  Attitude of the elected government representatives towards business.

Q6. The function of marketing that involves physical movement of goods from one place to another is called:
Ans. Transportation

Q7. Identity the principle of management given by Fayol according to which the intent of the principle is to produce more and better work with the same efforts.
Ans. Division of work

Q8. Which product-related decision is concerned with providing detailed information about the product on its package?
Ans. Labeling

Q9. Which step in the process of “planning” function of management involves weighing pros and cons of each alternative?
Ans. Evaluating alternative courses. 

Q10. The element of delegation which relates to the obligation of a subordinate to properly perform the assigned duty is known as:
Ans. Responsibility 

Q11. the type of organizational structure in which job of similar nature are grouped together on the basis of function to form departments is called:
Ans. Functional structure 

Q12. Which of the following statements is correctly explains in the limitation of planning, ‘Planning does not currently success’?
Ans. Relying on the previously tried and tested successful plan just because it has worked before and will work again.

Q13. “Product Cost” as a factor affecting price determination of a product includes:
Ans. Cost of producing, distributing and selling the product.

Q14. The concept of “Mental Revolution”, as prescribed by Taylor,  involves a change in the mindset of:
Ans. Worker and management towards one another from competition to cooperation.

Q15. The element of marketing mix by which markets make use of various tool of communication to encourage exchange of goods and services in the market is called:
Ans. Promotion

Q16. ‘Planning is an intellectual activity of thinking rather than doing,’ which feature of planning is highlighted in the statement?
Ans. Planning is a mental exercise. 

Q17. Which of the following activity is not considered to the part of customer support services?
Ans. Identifying the needs of the customers and taking various marketing decision.

Q18. This principle with give rise to a spirit of mutual trust and belongingness among team members. “Which principle of management stated by Fayol is highlighted by ths statement?
Ans. Esprit de Corps

Q19. Which level of management is responsible for coordinating the activities of different departments according to overall objectives of the organization?
Ans. Top Level

Q20. The purpose of “Departmentalization” in the process of “organizing” is:
Ans. The facilitate Specialization.

Q21. Which of the following options explains the standardization and grading function of marketing?
Ans. It helps in achieving uniformity and consistency in the output and classifies products into different groups based on their size.

Q22. Business environment is said to be uncertain as :
Ans. It is difficult to predict future happenings especially when environment changes are taking place too frequently.

Q23. Name the concept which explains the manner in which decision making responsibilities are divided among hierarchical levels;
Ans. Delegation

Q24. Organisations should have a chain of authority and communication that runs from top to bottom and should be followed by manners and the subordinates.
Ans. Scalar chain

Q25.  ‘’Flavours of South” is a famous chain of south Indian restaurants. It believes in complete co-operation between labour and management. Its management encourages the employees for their constructive suggestions. They take their employees into confidence for all important decisions. 
Ans. Cooperation, not individualism.

Q26. Which of the following statements is correct with reference to “organizing” function of management?
Ans. Leads to systematic allocation of job and facilities specialization. 

Q27. Which of the following functions of the marketing can improve performance of the product and also give it a competitive advantage in the market by attracting the target customers?
Ans. Product designing and development

Q28. Ram  Murty, a professor of management conducted a class on “management principles” and explained to his students the significance of management principles. In the next class, the professor  asked his students to play roles of different managers. He gave them various situations and asked them to think like managers and provide solutions to problems given in this situation. Each student applied the principles of management to the given situation in his own personalized manner, depending ip[orn his creativity.
Ans. Management as an art

Q29. Pioneer Ltd. is dealing in fruit juices and hair oils. To ensure unity of action and coordination, it has made two separate divisions for each product. Each division has its own incharge, plans and execution resources. Thus, both the divisions are moving towards the same objective through focused efforts.
Ans. Unity of direction 

Q30. The tool of promotion which involves making use of short term incentives designed to encourage the buyer to make immediate purchase of  a product or a service is called:
Ans. Sales promotion

Q31. The management gives a common direction to the individual effort in achieving the overall goal of the organization.
Ans. Helps in achieving group goals.

Q32. “Uttam Ayurvedic Ltd’ is an established Indian company manufacturing organic consumer goods like toothpaste and shampoo. It has planned to increase its market share from 30% to 40% in the current financial year. With the expanding market of organic products, other companies in the consumer goods industry have also launched these products with organic found that the sales of Uttam Ayurvedic Ltd. came down and its market share reduced to 23%. Identify the limitations of planning highlighted in the above case:
Ans. Planning may not work in dynamic environment.

Disclaimer: The answers are unofficial, and not published by the exam conducting body. They have been compiled by teachers, educators, and individuals with the aim of helping students. Aglasem takes no responsibility for the accuracy of the responses. They have been provided only for reference purposes.

CBSE 12th Business Studies Term 1 Video Solutions

Candidates can use the Marking Scheme provided by CBSE and the Answer Keys to get a rough idea of the same. The official answer Keys of CBSE Class 12 will be released by CBSE shortly after the exams for all subjects are over but students of Class 12 who appeared for the exam can use the unofficial answer keys to judge their performance.

CBSE Class 12 Business Studies Term 1 Answer Key 2021-22	Check Here
CBSE 12th Business Studies Solutions 2021	Check Here

How to calculate your marks with CBSE Class 12 Answer Keys

Candidates’ performance on the Class 12 Business Studies test must be evaluated using these Answer Keys. They should use the marking method specified on the question paper to calculate their score. This year’s CBSE Class 12 exams will all be multiple-choice, with pupils choosing one of four answers for each question. Even if it differs from the official answer key in certain ways, it can assist candidates in determining a significant amount of their final score. For example, some teachers may provide an answer key to help students determine their chances of passing the exam. Students can use the direct connection to access a variety of unauthorised CBSE Class 12 2021-22 answer keys.

CBSE Business Studies Question Paper

Business Studies is a crucial subject in CBSE. The CBSE question paper for 2021 will be multiple-choice, with no questions requiring descriptive answers. For both Term 1 and 2, the Business Studies question paper will be in the same format. The minor and major exams took place over the months of November and December. The CBSE Question Paper for Business Studies Exam can be obtained from the official website once all examinations have been concluded. Students can also get the Question Paper from a variety of unofficial sources that disseminate it soon after the exams are completed.

Importance of CBSE Class 12 Answer Keys

The CBSE answer key is an essential component of the process. Shortly after the tests are completed, the unofficial Business Studies answer keys will be distributed. Official Answer keys can be used by students to determine what grades they will receive on their Class 12 Marksheet. Students can utilise the CBSE Answer keys to summarise their responses and the grading structure to calculate their raw marks.

CBSE Class 12 Exam Pattern

Objective Type: Multiple choice questions (MCQ) will be included in the question paper, including case-based MCQs and MCQs of the assertion-reasoning kind.

Maximum Marks: 50

Duration of Exam: 90 minutes

Question papers will be based on the truncated syllabus, approximately 50% of the entire syllabus.

CBSE Class 12 Results

In February 2022, the CBSE plans to finish the 12th-grade exams and announce the results in July 2022. By entering into the CBSE website’s student portal, candidates will be able to view their results. To obtain their results, students must enter their Roll Number and Date of Birth. After the CBSE experts evaluate the Term 2 answer scripts, the Central Board of Secondary Education will issue the consolidated Results for both terms 1 and 2.

Students in Class 12 are required to preserve their CBSE Class 12 Board test results safe because they are an important document that will be needed throughout their lives. The CBSE results for Class 12 should be available to students and schools by February 2022, however, the CBSE Board has not yet established a date for the distribution of the results. The date for the announcement of CBSE Class 12 results is not set in stone.

FAQs on CBSE Class 12 Business Studies Answer Keys