CBSE Class 12 Exam Analysis 2023 : Business Studies Analysis, Review & Question Paper with Answer Key

CBSE Class 12 Exam Analysis 2023 : Business Studies Analysis, Review & Question Paper with Answer Key 

Mr.CBSE Colition,

CBSE Class 12 Exam Analysis 2023 : Business Studies Analysis, Review & Question Paper with Answer Key  Mr.CBSE Colition,

The Central Board of Secondary Education (CBSE) conducted the Class 12 Business Studies 2023 board examination today (25 March 2023). The exam was conducted from 10:30 AM to 1:30 PM. The students were required to attempt a total of 35 questions in 3 hours and the paper was conducted for 80 marks. For most of the students who wrote the CBSE Class 12 Business Studies paper today, it was a well-balanced and average paper. 

We have shared below the detailed paper analysis for the CBSE Class 12 Business Studies Exam 2023. You can check the feedback shared by students and review of teachers and subject experts to know the paper difficulty level and other important information about the examination. You can also download the CBSE Class 12 Business Studies Question Papers 2023 in PDF here and check the CBSE Class 12 Business Studies Answer keys 2023 as well.

The links to get the question paper and answers key are mentioned below:

CBSE Class 12th Business Studies Question Paper With Answer Key

CBSE Class 12 Business Studies Exam 2023 : Overview

Board

Central Board of Secondary Education (CBSE)

Official website

cbse.gov.in

Class

12th

Subject

Business Studies

Date

March 25, 2023

Time

10.30 AM to 01.30 PM

Difficulty level

Moderately easy

Pattern of CBSE Class 12 Business Studies Question Paper 2023

The question paper pattern was exactly similar to that followed in the latest CBSE Class 12 Business Studies Sample Paper 2023.

The CBSE Class 12 Business Studies Paper consisted of 35 questions for 80 marks. All questions were compulsory while internal choices were provided in some of them.

The questions were asked in different formats as mentioned below:

  • Question no. 1- 20: MCQs carrying 1 mark each 
  • Question no. 21-24: short answer questions carrying 3 marks each. 
  • Question no. 25-30: long answer questions (I) carrying 4 marks each. 
  • Question no. 31-35:  long answer questions (II) carrying 6 marks each. 

CBSE Class 12 Business Studies Paper Analysis 2023 : Students’ point of view

Most students were satisfied with the CBSE Class 12 Business Studies paper today. A class 12 students of commerce stream, while sharing her opinion of the paper, said that the Business Studies board examination was very easy and she was able to attempt each and every question without any struggle. One other student said, “I completed the exam on time and had ample time to revise all answer as well.”

General points from the students’ reactions are:

  • Paper was easy and simple.
  • There were a few tricky questions in the 4 markers set.
  • The paper could be easily completed with good knowledge of NCERT and practice of old question papers.
  • Nothing was asked beyond the CBSE syllabus.

CBSE Class 12 Business Studies Paper Analysis 2023 : Expert Review

“The paper was directly from the NCERT textbooks and all questions were easy to attempt”, said a PGT from a CBSE school in South Delhi. 

Experts also reviewed the paper well balanced. Case studies in the paper were also simple and could be easily solved with a critical approach. Students can expect a perfect score in the CBSE Class 12 Business Studies Exam 2023.

CBSE Class 12 Business Studies 2023 Answer Key

1. The next step in the 'Selection Process' after 'Selection Decision' is

(A) Job Offer

(B) Medical Examination

(C) Selection Tests

(D) Contract of Employment

Answer: (C) Selection Tests

2. The purpose of planning is to meet future events effectively to the best advantage of an organisation.' This statement highlights which of the following features of planning?

(A) Planning focuses on achieving objectives.

(B) Planning involves decision-making.

(C) Planning is the primary function of management.

(D) Planning is futuristic.

Answer: (D) Planning is futuristic.

3. Identify the External Source of Recruitment illustrated by the picture given below:

(A) Direct Recruitment

(B) Casual Callers

(C) Advertisement

(D) Labour Contractor

Answer: (C) Advertisement

4. 'Cartoony Planet' is a well-known indoor playground for organising parties for children in Noida. It has many play-stations and it organises various activities for the kids to enjoy. Looking at the increasing number of children visiting 'Cartoony Planet', a new indoor playground in the name of Tiny-Tots House' came up with advanced swings, play stations and entertainment activities near 'Cartoony Planet'. To compete with the newly opened indoor playground, 'Cartoony Planet' also added some advanced swings and entertainment activities to attract more children.

The above information highlights one of the features of Business Environment'. Identify the feature from the following:

(A) Uncertainty

(B) Dynamic Nature

(C) Relativity

(D) Inter-relatedness

Answer: (B) Dynamic Nature

5. The obligation of a subordinate to properly perform the assigned duty is called:

(A) Authority

(B) Responsibility

(C) Accountability

(D) Decentralisation

Answer: (B) Responsibility

6. 'Dolma' and 'Una' were gardeners with decades of hands-on experience. They were the first ones to recognise the need of indoor gardens specially for plant-lovers living in apartments. They took advantage of this opportunity and decided to offer beautiful designing ideas for indoor gardening through their innovative venture My Space'.

My Space' offered creative ideas like 'Garden wall', 'Hanging Garden', 'Window Garden', 'Book-shelf garden' and many more. Since there were no competitors they soon became the market leaders in the field.

From the following points, identify the importance of Business Environment highlighted above:

(A) Business Environment helps the firm to identify threats and early warning signals:

(B) Business Environment helps in tapping useful resources.

(C) Business Environment enables the firm to identify opportunities and getting the first mover advantage.

(D) Business Environment helps in assisting in planning and policy formulation.

Answer: (C) Business Environment enables the firm to identify opportunities and getting the first mover advantage.

7. 'Digilocker' is a flagship initiative of Ministry of Electronics and IT". Government of India. It aims at digital empowerment of the citizens by providing access to authentic digital documents such as academic certificates issued by different Examination Boards, Driving Licenses. Vehicle registrations etc. in a digital format.

The above para discusses a few dimensions of Business Environment. Identify the correct dimensions from the following:

(A) Economic Environment and Technological Environment

(B) Social Environment and Economic Environment.

(C) Social Environment and Political Environment.

(D) Political Environment and Technological Environment

Answer: (D) Political Environment and Technological Environment

8. Different organisations have different goals. 'Zeepo' is an upcoming retail chain for providing consumer goods door-to-door, the objective of this organisation is to increase sales. 'Allie' is an educational organisation working with an objective of providing education to under privileged children of the society. Management of each of these organisations unite the efforts of their employees towards achieving organisational goals.

The characteristic of management discussed above is:

(A) Management is goal-oriented.

(B) Management is a continuous process.

(C) Management is a dynamic function.

(D) Management is an intangible force.

Answer: (A) Management is goal-oriented.

9. Whether the decisions have been translated into desired actions or not can be confirmed by performing which of the following function of management?

(A) Planning

(B) Organising

(C) Directing

(D) Controlling

Answer: (D) Controlling

10. Himanshu is working as a Marketing Manager' in 'Suvidit-Air- Conditioners', a well known brand in the field of air-conditioners. Till last month the company was able to achieve its sales targets. But this month Himanshu observed that targets were not being met and the number of air-conditioners sold was decreasing. He analysed the situation and found that the new salesman appointed last month was not good and for this he took necessary action.

Which of the following function of management helped Himanshu to identify the decrease in sale?

(A) Planning

(B) Organising

(C) Directing

(D) Controlling

Answer: (D) Controlling

11. The activities whose outcome not only improves the job performance but also help individuals in the progress towards maturity and actualisation of their potential capacities is known as 

(A) training.

(B) education. 

(C) development.

(D) performance appraisal.

Answer: (A) training

12. Statement-I: The concept of product relates to not only the physical product but also the benefits offered by it from customer's point of view.

Statement-II: The concept of product does not include the extended product by way of after sale services, availability of spare parts, handling complaints etc.

Choose the correct option from the following:

(A) Both Statement-I and Statement-II are correct.

(B) Both Statement-I and Statement-II are incorrect.

(C) Statement-I is correct and Statement-II is incorrect

(D) Statement-I is incorrect and Statement-II is correct.

Answer: (A) Both Statement-I and Statement-II are correct.

13. Match the factors affecting fixed capital requirements given in the Column-I with their explanations given in Column-II:

 

Column-I

 

Column-II

a

Nature of Business

i

A trading organisation needs lower investments in fixed assets as compared to a manufacturing organisation.

b

Technology upgradation

ii

A textile manufacturing company is installing a cement manufacturing plant and thus its investments in fixed assets is increasing.

c

Diversification

iii

A capital-intensive organisation requires higher investments in fixed assets compared to labour-intensive organisation. 

d

Choice of Technique

iv

Mobile phones became obsolete faster and are replaced much sooner than furniture or many other assets. Hence these type of businesses require more fixed capital.

Options:

 

a

b

c

d

(A)

i

iv

ii

iii

(B)

ii

iii

iv

i

(C)

iii

ii

i

iv

(D)

iv

i

iii

ii

Answer:

 

a

b

c

d

(A)

i

iv

ii

iii

14. ________refers to the increase in profit earned by the equity shareholders due to the presence of fixed financial charges like interest.

(A) Capital structure

(B) Earning per share

(C) Trading on equity

(D) Return on investment

Answer:(C) Trading on equity

15. The most commonly used tool of promotion which is a paid form of communication and in which the sponsor bears the cost of communicating with the prospects is

(A) advertising.

(C) sales promotion.

(B) personal selling.

(D) public relations.

Answer: (A) advertising.

16. A name, term, sign, symbol, design or some combination of them used to identify the products - goods or services of one seller or group of sellers and to differentiate them from those of the competitors is known as

(A) brand.

(C) brand name.

(B) brand mark.

(D) trade mark.

Answer: (A) brand

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