CSEET Business Environment and Entrepreneurship & Business Management, Ethics and Communication PYQ December 2013: Question Paper and Available Answers
CS CSEET
Business Environment and Entrepreneurship & Business Management, Ethics and Communication
PYQS Series
December 2013
100 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS CSEET Business Environment and Entrepreneurship & Business Management, Ethics and Communication PYQS (December 2013). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- Which one of the following is not a feature of business environment ?
- Which one of the following describes the desired future position of a company ?
- The process of eliminating unnecessary controls and restrictions on the smooth functioning of a business enterprise is known as —
- The choice of an appropriate form of business organisation largely depends upon : I. Ease of formation II. Continuity and stability III. Liability aspects Correct option is —
- The minimum number of members required to get a co-operative society registered is —
- Which of the following entity is created under an Act of the Parliament or an Act of the State legislature ?
- Which form of business organisation has a separate legal entity ?
- In which of the following, personal digital assistants (PDAs) are used for buying and selling of goods and services ?
- The online purchase of a book from flipkart.com is an example of —
- For a car manufacturing firm, which of the following business process is most suitable for outsourcing ?
- Car servicing is an example of —
- Which of the following type of budget is prepared to assess the level of inventories, receivables, etc. ?
- Which of the following strategy focuses on issues of production processes, material, etc.?
- Generally __________ is responsible for complying procedural formalities relating to corporate restructuring in a company —
- Transfer pricing litigations are generally related to —
- __________ means "adhere to the decision and do not unsettle things which are established" —
- A contract is —
- If a new contract is substituted in place of an existing contract, it is called —
- A contract of indemnity is a —
- When consent is obtained under undue influence, the contract is termed as —
- A surety may be discharged from liability : X. By notice of revocation of guarantee Y. On the failure of payment by the main creditor. Z. If the creditor does any act which is agai
- As per the Sale of Goods Act, 1930, 'goods' include: I. Existing goods II. Future goods III. Contingent goods IV. Actionable claims Correct option is —
- An agreement for rendering services entered into by a father on behalf of his minor daughter is —
- An agent who in consideration of extra commission gives guarantees to his principal that the purchaser of the goods on credit will pay for the goods is called —
- If the behavior of a person shows that he is a partner in a firm (when actually he is not), such a person is known as —
- Which of the following are the rights of a partner in a partnership firm ? X. To take part in the conduct and management of the business Y. To receive remuneration for active worki
- In which of the following cases, a partnership firm may be dissolved ? X. On the death of a partner Y. On the insolvency of a partner Z. On the retirement of a partner Correct opti
- Which of the following maxim means 'No one can pass a better title than he himself has'?
- The meaning of legal maxim 'mens rea' is —
- Which of the following are the characteristics of a private company ? X. Limited liability of members Y. Perpetual succession Z. Free transferability of shares Correct option is —
- Which of the following gives a right to claim damages for its breach ?
- Which of the following is a valid promissory note —
- Which of the following is an example of immaterial alteration in a negotiable instrument ?
- Which of the following negotiable instrument is drawn, accepted or endorsed without consideration ?
- Which of the following type of business are ordinarily carried out at annual general meeting of a company ? X. To declare dividend Y. To recommend dividend Z. To appoint the audito
- Research which is proactively carried out for a specific purpose is called —
- A person within a large corporation who takes direct responsibility for turning an idea into a profitable finished product through assertive risk-taking and innovation, is an —
- Which of the following is a characteristic of intrapreneurship ? X. Intrapreneurship is a risk taking factor, which is responsible for the end result in the form of profit or loss
- Which of the following is also known as Internal External (IE) Matrix ?
- Who among the following propounded the concept of 'creative destructions'?
- In which type of environmental scanning, ad hoc decisions are made ?
- Which one of the following is not a myth about business plans ?
- In general, Vision and Mission statements of an organisation are a result of —
- Who said 'Innovation is a means by which entrepreneurs exploit changes as an opportunity for a different business or a different service'?
- Who among the following, first recognised the necessity of entrepreneurship for production ?
- Which of the following are characteristics of a person with weak sense of self-efficacy ? X. Recovering quickly from setbacks and disappointments Y. Focusing on personal failings a
- One who with his charm establishes and manages business to take it to unimaginable heights is known as __________ entrepreneur.
- "The entrepreneurship is essentially a creative activity or it is an innovative function" is said by —
- The careful monitoring of an organisation's internal and external environments for detecting early signs of opportunities and threats that may influence its current and future plan
- PESTLE analysis is a useful tool for understanding the 'big picture' of the __________ in which an entrepreneur is planning to operate —
- The Greek word 'nomos' means —
- The essence of management which is all pervasive and permeates every function of management is —
- Differential Piece Rate system was devised by —
- Planning may call for a change in the existing —
- Budget preparation is primarily a planning process whereas its administration is a part of —
- __________ organisation refers to the relationship between people based not on procedures but on personal attitudes, prejudices and also the likes and dislikes of people.
- __________ denotes answerability for the accomplishment of the task assigned by the superior to his subordinate.
- Line type of structure is the __________ pattern of organisation.
- Henri Fayol defined __________ as "the right to give orders and exact obedience".
- Delegation is the process while __________ is the situation produced by larger delegation of authority down the levels of organisation.
- Human Resource Management is that part of management which is concerned with __________ and their relationship with an enterprise.
- "Recruitment is the development and maintenance of adequate manpower resources. It involves the creation of a pool of available labour upon whom the organisation can draw when it n
- __________ means systematic evaluation of the personality and performance of each employee by his supervisor or some other person trained in the techniques of merit rating.
- __________ is an important function of management which involves communicating and providing leadership to the subordinates and motivating them to contribute to the best of their c
- __________ co-ordination refers to that co-ordination in which a superior authority coordinates his work with that of his subordinates and vice versa.
- Grapevine consists of a complex network of __________ communication.
- An efficient system of control encourages top management to go in for __________ of authority.
- __________ is the process of adjusting future actions based upon information about past performance.
- __________ is the relation between various elements of financial statements expressed in mathematical terms.
- __________ is an approach that organisations use to improve their internal processes and increase customer satisfaction.
- The rules or principles that define right or wrong conduct are known as —
- An activity is probably ethical if —
- __________ also serves to inform employees of the vision that the company's executives have for the company's image and goals.
- Investors are concerned about __________ of the company in which they invest.
- The ethics in human resource management cover those ethical issues arising around the —
- Price skimming is an ethical issue covered under —
- Anti-competitive practices include —
- A situation requiring a choice between equally undesirable alternatives; any difficult or perplexing situation or problem is known as —
- Spending money on restoring the environment, affected out of products of inherently dangerous nature are known as —
- Mohan joined a company as Chief Finance Officer (CFO). He observed that the company is involved in concealing tax and engaged in other malpractices. He brought this fact to the not
- Gestures cannot be used in —
- Seven C's of effective communication do not include —
- The flow or pattern of communication can be —
- 'To play second fiddle' means —
- __________ means incapable of making mistakes.
- Organisations publish __________ when they have to procure goods and services on a large scale or get projects executed.
- A company operates its bank account only through —
- __________ is neither entered into books of account nor charged to the account of the recipients.
- __________ are made in order to voice a grievance and to secure a relief.
- When an organisation needs to share important information with members of general public, it drafts a —
- A __________ does not have a salutation and complimentary close.
- Memorandums are preferred when one needs to convey information —
- A good press release should not be —
- __________ option forbids unwanted e-mails to enter into the Inbox.
- The meaning of Latin phrase ab initio is —
- Which of the following is main function of an Apostrophe (')?
- Which of the following is a definite article ?
- When goods are returned by the customer, which one of the following is issued to the customer for the value of goods returned ?
- Which of the following is passive voice of "Shahjahan built Taj Mahal" ?
- Which of the following is grammatically correct?
How to Prepare for CS CSEET Business Environment and Entrepreneurship & Business Management, Ethics and Communication
Use past questions to practise the paper format and review available answers. Check the current syllabus, applicable law and examination duration before attempting a timed paper.