Marketing — Business Studies STD 12 Commerce — Question

It helps the manager to look into future and make a choice amongst various alternative beris courses of action. Enumerate the importance of planning indicated here.

In case of high fixed operating cost, company should prefer debt or equity?

Give one difference between Policy and Procedure.

Mr. Nath, a recently appointed production manager of Suntech Ltd. has decided to produce jute bags instead of plastic bags as these are banned by the government. He set a target of producing 1000 jute bags a day. It was reported that the employees were not able to achieve the target. After analysis he found that employees were demotivated and not putting in their best for achieving the target. Mr. Nath's behavior is good towards the employees. His attitude is always positive. So he announced various incentive schemes for the employees like:- Installing award or certificate for best performance.- Rewarding an employee for giving valuable suggestions.- Congratulating the employees for good performance.(a) Identify the functions of management highlighted in the above paragraph.(b) State the' incentive' under which the employees are motivated.

Mohan, a supervisor in a factory, always expects that his subordinates should obey him but he is not interested in taking suggestions and feedback from his subordinates. Do you think that this quality of Mohan will help him to become a good leader?

Give the name of environment that provides the framework, within which the business has to function?

State, why the working capital needs for a 'Service-industry', are different from that of a Manufacturing industry.

'Interest rates significantly affects the demand for goods and services' is an example of political environment. (True/ False)

What is meant by personal selling?

This technique of scientific management tries to find out one best way of doing the job. Name it.