Business Environment — Business Studies STD 12 Commerce — Question

'Organisation is a mechanism of management'. What does this statement indicate?

It is the process of identifying and choosing the best person out of a number of prospective candidates for a job. Name it.

Ahmed wants to buy an iron. As an aware customer, how can he be sure about the quality of iron?

ITC contributes ₹ 1 on the sale of every four classmate notebooks to its rural development initiative that supports, among other projects, primary education in villages. It uses eco-friendly and chlorine free paper for the production of its notebooks.
Identify the management objective which ITC is trying to achieve.

Under three-tier machinery where can a legal heir or representative of deceased consumer file a complaint when the compensation claimed is Rs 25 lakhs.

To publish a magazine on consumer rights is example of which consumer right?

“In an organization, the employees are happy and satisfied, there is no chaos and the effect of management is noticeable.” Which characteristic of management is highlighted by this statement?

Staffing is the responsibility of all managers. List any two responsibilities performed by a manager.

"Tax benefits is available only in case of payment of interest and not on the payment of preference dividend." Why?

State the features of informal organisation.
Or
The employees of Manav Ltd, have formed a dramatic group for their recreation. Identify the type of organisation and explain it briefly.