Directing — Business Studies STD 12 Commerce — Question

'Demand for reservation in jobs for minorities' refers to an example of key component of general environment of business. Name and explain the component.
OR
'Equal pay for equal work for male and female workers' refers to an example of a key component of general environment of business. Name and explain the component.

Explain the following terms

1. Web publishing.
2. Campus recruitment.
3. Transfers.

'Companies that fail to adapt to their environment are unlikely to survive in the long run’. Discuss with an example.

‘Home Creations Ltd.’ is a well known chain of large department store offering various types of products under one roof. The company owns fifty stores in various parts of the country. Each store is placed under the charge of a manager who is allowed to run their stores autonomously by deciding about the products which may be promoted, appointment of staff, ways to handle customer complaints etc. As these managers have a deeper knowledge of the local situations, it enables them to take these decisions effectively keeping in view the local circumstances and consumers’ needs. This approach helps to improve customer service and at the same time serves to boost morale and increase the job satisfaction of the store managers as it empowers them to innovate and use their initiatives.
In the context of above case :

1. Identify and explain the policy followed by ‘Home Creations Ltd.’ to run their stores successfully.
2. Also, give any three points highlighting the importance of the approach followed as identified in part (1) of the question.
3. List any two values that ‘Home Creations Ltd.’ wants to communicate to its employees.

On the basis of comparative study of Taylor and Fayol, state some of its similarities and dissimilarities.

List any three Consumer Organisations/ NGOs in Delhi.

The organic food market in India is growing at 25-30 per cent which reflects a clear shift in consumer tastes and preferences. The current growth in the organic food market is driven by multiplicity of factors like rising health consciousness, changing lifestyles, increase in disposable income and growing availability of organic food products in shopping malls, retail outlets and online.
In context of the above case :

1. Identify and explain the features of business environment being referred to here.
2. By quoting phrases from the paragraph identify the various components of general forces which have led to a growth in the organic food market.

Explain briefly the steps involved in the process of financial planning.

What is meant by ‘Financial Planning’? State any two points of its importance.

If an organisation follows the following principles of management, state some of their positive effects on the organisation.

1. Esprit De Corps.
2. Initiative.