Organising — Business Studies STD 12 Commerce — Question

Planning seeks to bridge the gap between two things. Mention them.

Give first two stages of selection process.

Mr. Rajiv is the owner of 'Laxmi Dairy.' He is producing various milk products. He always tests various ways of producing different products and chooses the best and most economical way of production. He is also very particular about fixing a place for everything and he makes sure that all the employees are given a fixed place so that there is no wastage of time and delay in production.1. Which technique of scientific management is applied by Mr. Rajiv?2. Which principle of Henry Fayol is followed by him?

State any two consequences if there was no planning.

Name the technique of Taylor which is the strongest motivator for workers to reach standard performance.

State any two personal barriers of communication.

In controlling process, standards were set according to the efficiency of the average employee. Which value has been kept in mind while setting the standards?

A company wants to open a new branch of its business in a new area. For this, investment of ₹ 25 lakhs is involved. Identify the type of decision involved in financial management.

What do you mean by KRAs?

‘Our assets walk out of the door each evening. We have to make sure that they come back the next morning’. This statement is related to which function of management?