1 Department of Management, Faculty of Social Sciences BBM 102: BUSINESS ORGANISATION Question Bank (2019-20): Revised July, 2019 Unit-I: INTRODUCTION 1. Define 'Business'. Explain the Input-Output Transformation Process of Business. 2. Point out the significance of environmental analysis (Internal-Micro-Macro) for decision-making in business. Give examples. 3. Explain the utility of Integrative ‘Systems approach’ in managing business operations. 4. Discuss the objective of Business? Can profit-maximization be the sole objective of business? Relate it with the concept of CSR. 5. Explain the Carroll’s model of Business-objectives supported by real-life examples. 6. Explain the essential functionaries/ Departments in a business organization and their scope of activities. 7. Give the classification of Business sectors / Industries/ Trade operating in India? 8. Differentiate between Industry, Commerce and Trade. Explain the main characteristics of each? 9. Describe the evolution of business organization from ‘Domestic toInternational’.10. Discuss the origin and spread of 'Industrial Revolution’? Point out its main impact on technology, society and Industry.
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