Planning — Business Studies STD 12 Commerce — Question

Arnav, a manager of Micro Ltd, does not distribute the work amongst his subordinates, according to the capabilities. He has given the work on the basis of favouritism. Which principle is overlooked? Give some of its violating effects.

Explain the importance of interview in the selection process.

Nature of money market can be well explained with the help of its features. State any three such features of money market.

Explain the following as feature of Planning:
Planning is continuous.

Frequent transfers of employees may affect their productivity. In the light of this statement, discuss in brief any four limitations of internal sources of recruitment.

State how planning
(I) reduces creativity
(II) leads to rigidity.

You are working in HR department. Day-by-day you are facing problems due to the existence of informal groups. What steps would you take to manage such informal groups?

List the three levels of management. State any three functions of the operational level of management.

Under what circumstances would functional structure prove to be an appropriate choice?

What is meant by product concept of marketing?