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

In modern times, emphasis is placed on describing marketing as a social process. State this process.

Name and state the aspect of financial management that provides a link between investment and financing decisions.

Bandhu Limited is a real estate company, which was formed in 1960 . In about 55 years of its existence, the company has managed to carve out a niche for itself in this sector. In order to establish itself in India, the company decided to list its securities on BSE, in order to raise money through India market.State the functions performed by SEBI that make investors comfortable and secured in dealing with Bandhu Ltd.

Why is management considered as an art?

‘Planning strangulates the initiative of the employees and compels them to work in an inflexible manner.’ What does it mean?

How does controlling ensure order and discipline?

Which environment describes characteristics of society in which the organisation exists?
OR
Equal pay for equal work'is an example of which dimension of business environment?

OR
Many multinational food chains such as KFC, Mc Donalds, Domino's, etc have altered their menu according to Indian taste and culture. Name the dimension of business enviroment which is resposible for this step.

You have invented a new device to detect impurities of petrol. Which two advertising media would you use and why?

How employees get motivated through delegation of authority?

Give one limitation of formal organisation.