Model Question Paper 1
Section A: Objective Questions
1. Which of the following is not a primary function of management?
a) Planning
b) Controlling
c) Marketing
d) Innovating
2. The process of setting objectives, developing plans, and allocating resources to achieve those objectives is known as:
a) Organizing
b) Staffing
c) Directing
d) Budgeting
3. Which of the following is not an element of the marketing mix?
a) Product
b) Price
c) Profit
d) Promotion
4. The concept of "satisficing" in decision-making refers to:
a) Making the best possible decision
b) Making a decision that is "good enough"
c) Making a decision based on personal preferences
d) Making a decision based on past experiences
5. Which of the following is not a characteristic of a monopoly market structure?
a) Single seller
b) Many buyers
c) Homogenous products
d) Price taker
Section B: Descriptive Questions
6. Explain the concept of "span of control" in organizational structure and why it is important in management.
7. Discuss the four Ps of marketing (Product, Price, Promotion, and Place) and their significance in developing a marketing strategy.
8. Explain the difference between fixed and variable costs in cost accounting. Provide examples of each type of cost.
9. Describe the process of budgeting in an organization and explain its role in financial planning and control.
10. Discuss the concept of social responsibility in business and provide three examples of how businesses can fulfil their social responsibilities.
Model Question Paper 2
Section A: Objective Questions
11. The management function that involves overseeing and evaluating progress toward goals is known as:
a) Planning
b) Organizing
c) Controlling
d)Leading
12. The term "market segmentation" refers to:
a) Dividing a market into smaller, more targeted groups
b) Creating a monopoly in the market
c) Lowering prices to attract more customers
d) Increasing production to meet demand
13. Which of the following is not a goal of financial management?
a) Maximizing profits
b) Minimizing costs
c) Ensuring shareholder satisfaction
d) Complying with tax laws
14. The concept of "economic order quantity" (EOQ) in inventory management refers to:
a) The minimum quantity of inventory that should be ordered to minimize holding costs
b )The maximum quantity of inventory that should be ordered to avoid stockouts
c) The average quantity of inventory that should be maintained to meet demand
d ) The total cost of holding and ordering inventory
15. Which of the following is not a key element of effective leadership?
a) Communication
b) Trust
c) Authority
d) Popularity
Section B: Descriptive Questions
16. Explain the various types of organizational structures, including functional, divisional, and matrix structures. Discuss the advantages and disadvantages of each structure.
17. Discuss the concept of consumer behaviour and the factors that influence consumer decisions. Provide three examples of how businesses can use this understanding to their advantage.
18. Explain the difference between cash flow and profit. Provide a scenario to illustrate when a business can have high profits but negative cash flow.
19. Describe the process of international trade, including the role of tariffs, quotas, and exchange rates. Discuss the benefits and challenges of international trade for businesses.
20. Discuss the concept of business ethics and the importance of ethical behaviour in the business world. Provide three examples of ethical dilemmas that businesses may face and how they can address them.
Remember, these are just sample questions, and the actual questions in the BBA program may vary. It's always best to refer to the syllabus and study materials provided by the university for the most accurate and up-to-date information on the exam content and format.