Organising — Business Studies STD 12 Commerce — Question

'Employee turnover should be minimised to maintain organisational efficiency'. Mention the principle which indicates it.

What does a high Debt Service Coverage Ratio indicate?

State one positive effect of the principle of management-namely the ‘Remuneration to employees’.

Name the quarterly journal published by Government of India on consumer awareness.

Divya purchased an electronic item through online shopping. At the time of delivery, she found that the item is defected. How can she file a complaint?

Name the marketing function which is concerned with the important decision of managing inventory.

Management of M/s R.K. Apparels who is manufacturing jeans under brand Jimmy Davis' seeks to achieve different objectives like organisational, social and personal objectives. Under personal objectives, the management ensures maximum prosperity for employees by providing competitive salary, personal growth and development, peer recognition and social recognition, good working conditions.

1. How will the above steps taken by the management benefit the individuals/ employees?
2. Will the employees feel motivated by these steps? How will it help the firm in achieving the organisational goals?

How is development of personnel possible through better organising?

Why are the principles of management called universally applicable?

“The principles of management are different from those of pure sciences.” State any one difference.