Business Organizations PYQs

1. Unit 1: Introduction
a. “Business of a business is to do business only.” Do you agree with this statement?
Give reasons to support your answer. Also mention some objectives of business.
b. Fulfilment of social responsibilities is in the interest of business. Do you agree?
Give reasons in support of your answer.
c. Explain the concept of business as a system. Also describe the sub-systems of
business and their relevance.
d. Explain the concept, significance, and nature of business ethics.
e. Is it essential for business to recognize its social responsibility? Explain the social
responsibility of business towards customers.
f. What are the various opportunities and challenges posed by growth of e-
commerce in today's business environment?
g. Define business as a system and differentiate business from commerce.
h. "Franchising is a way to expand business for reputed companies." In light of this
statement, state the merits and demerits of franchising for both franchisor and
franchisee.
i. Explain the various objectives of business.
j. Distinguish between business, commerce and trade.
k. What are the various social responsibilities of business towards different groups?
l. Explain the concept of "Business ethics". What factors govern business ethics?
m. Explain the spectrum of business activities. What is the relationship between
business, trade and commerce?
n. Define business ethics and explain its significance.
o. Define social responsibility and explain the responsibilities of business towards
different interested groups.
p. Explain the concept of business as a system. Discuss in detail its characteristics as
a system.

2. Unit 2: Business Enterprises

a. Explain the concept of partnership. Discuss its essential characteristics, merits,
and demerits.
b. What considerations should be kept in mind while choosing a suitable form of
business organisation?
 c. Distinguish between a public company and a private company. Explain the
privileges enjoyed by a private company.
d. What are the various types of business combinations?
e. Is it essential for business to recognize its social responsibility? Explain the social
responsibility of business towards customers.
f. What are the various opportunities and challenges posed by growth of e-
commerce in today's business environment?
g. Define business as a system and differentiate business from commerce.
h. "Franchising is a way to expand business for reputed companies." In light of this
statement, state the merits and demerits of franchising for both franchisor and
franchisee.
i. Distinguish between a Partnership and Limited Liability Partnership. What are the
merits and demerits of LLP?
j. What are the features of a joint stock company?
k. Explain the need and objectives of business combinations.
l. Define limited liability partnership. Explain the merits and demerits of this form of
organisation.
m. What considerations should be kept in mind while choosing a suitable form of
business organisation?
n. Explain the role of multinational corporations in India. Critically examine the case
against multinational corporations in India.
o. Explain the term merger and different types of mergers.

3. Unit 3: Business Environment

a. Discuss the elements of the meso business environment.
b. “TOWS analysis is just SWOT analysis spelled backwards.” Explain both concepts.
c. Explain the meso environment in the context of business.
d. Explain PESTLE analysis and ETOP analysis as tools for external business
environment analysis.
e. Why is it important to conduct environment analysis and diagnosis in an
organization? Explain any two techniques that can be used for environmental
analysis and diagnosis.
f. Distinguish between Micro and Macro environment of an organization. What are
various components of Micro environment?
g. "The internal environment of business helps in identifying strengths and
weaknesses of the organization." Explain the technique of SWOT analysis in light
 of this statement. Also, prepare SWOT analysis of any organization you are familiar
with.
h. Explain with suitable example how following environmental factors impact an
organization:
i. Social and Cultural environment
ii. Technological environment
i. Explain the macro environment of business.
j. Discuss SWOT and ETOP as environment scanning techniques.
k. Explain the nature and significance of business environment.
l. "Business environment is dynamic" - Explain.
m. What is business environment and describe its dimensions.
n. Why is it important to analyse and diagnose business environment?
o. Explain various techniques of environment analysis.
p. Discuss the elements of macro business environment.

4. Unit 4: Entrepreneurship – Founding the Business

a. Define entrepreneurship. Explain the process of entrepreneurship.
b. What is Skill India? Write the objectives of the policy and challenges involved.
c. Who is an entrepreneur? Explain functions of entrepreneur. Also describe
qualities of a successful entrepreneur.
d. Explain in detail various forms of business entrepreneurship
e. "It is the entrepreneur who bears the risk of industry." Comment on this
statement and discuss functions of entrepreneur.
f. Explain briefly the process of entrepreneurship.
g. What is social entrepreneurship? How it is different from commercial
entrepreneurship?
h. What is the significance of "idea generation" for an entrepreneur? What sources
of information can an entrepreneur utilize in this regard?
i. Short notes:
i. Skill India
ii. Glocalization
j. Explain the concept of 'Entrepreneurship'. What are the qualities of a successful
entrepreneur?
k. What are the functions of an entrepreneur?
l. Discuss the steps in the process of entrepreneurship.
m. Explain the concept of social entrepreneurship by giving examples.
 n. What is Entrepreneurship? What are the traits and functions of an entrepreneur?
o. What is feasibility study? Explain various aspects of project feasibility study.
p. "Social entrepreneurship is gaining importance today". Discuss the statement with
the help of suitable examples.
q. What is Make in India movement? What are the advantages and challenges of
Make in India?

5. Unit 5: Contemporary Issues of Business Organisations

a. What do you mean by the term Business Format? Difference between three
business formats.
b. Explain workforce diversity. Why is it important in today’s business environment?
c. Short notes on any 2 of the following:
i. Franchising
ii. Threats to E-commerce
iii. Triple bottom line framework
iv. Workforce diversity
v. Digitization
vi. Work-life balance
d. Write short notes on any three:
i. Managing Work force diversity
ii. Takeovers and Acquisitions
iii. Glocalization
e. What do you mean by workforce diversity? What are the merits of having diversity
at workplace?
f. Write a note on learning organizations.
g. Write notes on any three:
i. Franchising
ii. Digitalization
iii. E-commerce
iv. in India
v. One Person Company
vi. Skill India
h. What is franchising? What are the advantages and disadvantages of franchising
with respect to the franchiser and franchisee?
i. What is matrix organisation structure? How is it different from project
organisation structure?
j. Short notes on any two:
i. Technological innovation
ii. Corporate Sustainability
iii. Network Organisation