Business Environment — Business Studies STD 12 Commerce — Question

State the principle of ‘Order'.

List any two organisational objectives of management.

What is meant by Privatisation?

Describe the features of an ideal plan.[Hint: Give explanation from the features of planning; only little variations in headings has to be done.]

Mansi, a shoe manufacturer for school students, decided to maximise her profit by producing and distributing at large scale and thereby reducing the average cost of production:(i) Identify the marketing management philosophy adopted by Mansi.(ii) Explain this philosophy on the basis of:(a) Main focus(b) Means and ends.

Just after declaration of Lok Sabha Elections 2009 results, the Bombay stock exchange's price index (Sensex) rose by 2100 points in a day. Identify the environmental factor which led to this rise.

Give any one reason why principles of management are not rigid prescriptions.

Give an advantage and disadvantage of vestibule training.

What is the main objective of fatigue study?

Mention any change initiated by the Government of India since 1991.