CBSE Class 12 Business Studies sample paper 2023-24: question 21
From the official CBSE sample question paper for 2023-24, section B, question 21, for 3 marks. Try it first; the hints and our step-by-step solution are below.
Q21 · 3 marks · Short answerCompetency-basedNature and Significance of Management
Captcha Ltd. is a construction company in which all the employees learn various ways of dealing with diverse situations from their seniors. Company provides financial as well as non-financial incentives. This helps the employees to grow and develop their abilities. The organisation behaves as a responsible constituent of society and always creates good quality products. It has a positive image in the market. The training modules are excellent and the employees always try to find unique ways of providing solutions in the context of rapidly changing business environment. This has helped the organisation to adjust smoothly.
Identify and state three points of importance of management being highlighted here.
Source: official sample paper from cbseacademic.nic.in (PDF). See it in the full Sample paper 2023-24.
Hints
Open one hint at a time and try again before the next.
Hint 1
Find the lines about employees, society and change.
Hint 2
Match each to an importance of management.
Step-by-step solution
Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.
- 1 mark
Helps in achieving personal objectives: Employees learn from seniors and receive financial and non-financial incentives, so they grow and meet their own goals while contributing to the organisation's.
- 1 mark
Helps in the development of society: The company behaves as a responsible part of society and makes good quality products.
- 1 mark
Creates a dynamic organisation: Employees find new solutions in a rapidly changing environment, helping the organisation adapt smoothly.
Answer: Achieving personal objectives, development of society and creating a dynamic organisation.
Where the marks are
- Each point: ½ identification + ½ statement
Revise the chapter
- Chapter: Nature and Significance of Management (notes, formulas, where marks are lost and every past question)
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