Directing — Business Studies STD 12 Commerce — Question

Give one difference between 'policy and procedure'.

How ‘Business Associations’ act as a means of consumer protection? State.

Technological environment includes new approaches in producing, selling goods and services, new procedures as well as new equipment. Mention any one example to support it.

Why it is said that ‘some advertisements are in bad taste’?

What do you mean by incentives?

What is meant by ‘Encoding’ as an element of communication?

Name and state the aspect of financial management that enables foresee the fund requirements both in terms of 'the quantum' and 'the timings'.

State first two steps in the process of planning.

Which demerit of planning is highlighted in this statement - Middle management and other decision makers are neither allowed to deviate from plans nor are they permitted to act on their own.

Which function of management is known as "Management in action"?