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Anukriti, a III year B.com student is very fond of home cooked food as her…

CUET Business Studies 2022 · Business Studies · 9 questions

Anukriti, a III year B.com student is very fond of home cooked food as her mother keeps experimenting with new tastes and varieties every now and then. Although the family is well off and reputed in society, her mother feels lack of recognition and self-respect for herself. The mother daughter duo decided to go ahead with their own start up and cater to various occasions like birthday parties, office events, festivities, food for elderly and patients and so on. They assessed the number and type of human resources required and accordingly hired the calculated man-power for help from those introduced by their domestic help and some relatives. The ensured the quality standards for hygiene in kitchen, standardized the quality of vegetables, dry fruits and other raw materials to be purchased made sure that the orders are delivered in time. While Anukriti's mother took care of all cooking in Kitchen, she personally observed the helpers at work. Being a commerce student, Anukriti decided to take care of finances herself. She prepared budgets in terms of quality, time, cost of material, calculated a point with no profit, no loss to ensure earning of target profits. As per the feedback received from customers, they improvised the dishes with lesser oil, spices, sugar. As both of them were very understanding and positive towards feedback, their business grew well. Gradually, they trained their staff in cooking packaging, inventory management. The employees are happy and satisfied as their basic remuneration and incentives are increased.

Question 1

Mother feels lack of recognition and self-respect for herself. The category of need identified in the statement is
  1. A. Belonging Needs
  2. B. Esteem Needs
  3. C. Self-actualisation Needs
  4. D. Safety/security Needs

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Question 3

Hired the calculated manpower for help from those introduced by their domestic help and some relatives Identify the source of recruitment
  1. A. Direct recruitment
  2. B. Placement agencies
  3. C. Labour contractors
  4. D. Recommendations of Employees

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Question 4

'They ensured quality standards for hygiene, standardized the quality of raw materials…………. This is a step in the process of one of the function of management. Identify the function
  1. A. Planning
  2. B. Organising
  3. C. Marketing
  4. D. Controlling

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Question 5

Anukriti's mother took care of all cooking in kitchen and personally observed the helpers at work. Identify the technique of controlling-
  1. A. Statistical reports
  2. B. Responsibility accounting
  3. C. Personal Observation
  4. D. Management Information System

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Question 7

She calculated a point with no profit, no loss to ensure earning of target profits. Identify the technique of control highlited above
  1. A. Ratio analysis
  2. B. Breake even analysis
  3. C. Return on investment
  4. D. Budgetary control

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Question 8

As per the feedback received, they improvised the dishes with lesser oil, spices and sugar. Identify the step in the process of control
  1. A. Setting Performance Standards
  2. B. Measurement of performance
  3. C. Taking corrective actions
  4. D. Comparison of actual performance with standards

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Question 9

They trained their staff in cooking, packaging, inventory management. The employees are happy and satisfied as their basic remuneration and incentives also increased. Identify the objective of management highlighted above here-
  1. A. Personal Objectives
  2. B. Social Objectives
  3. C. Organisational Objectives
  4. D. Economic Objectives

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