Nature and Significance of Management — Business Studies STD 12 Commerce — Question

For selling its cars and vans. Maruti Udyog is making used of which channel of distribution?

What does standardisation of goods ensure the buyers?

Length of production cycle affects the working capital requirements of an organisation. Explain, how?

Suman bought a box of cheese of a reputed brand from a local shopkeeper. On opening the box she found a piece of stone in the cheese. She reported the matter to the shopkeeper who forwarded her complaint to the concerned company. Within a week the representative of the company visited Suman's residence with an apology and as a replacement offered her a new cheese pack with four other varieties of cheese as compensation for the inconvenience to her.
State the consumer right which Suman exercised.

Give the meaning of ‘Responsibility’ as an element of delegation.

Which system enables a manager to verify whether the standards set are accurate and objective?

Name the process of designing and maintaining an environment in which individuals working together in groups, efficiently accomplish selected aims.

Define 'pricing of a product'.

Which technique of Taylor insists in paying higher wages to efficient employees?

In order to survive and grow, public sector will have to be more efficient and generate their own resources for the purpose. Why is it so?