Directing — Business Studies STD 12 Commerce — Question

Distinguish between ‘Delegation’ and ‘Decentralisation’ on the basis of the following.

1. Purpose;
2. Scope;
3. Status; and,
4. Nature.

The Employees of Manik Ltd., a software company, have formed a dramatic group for their recreation. Name the type of organisation so formed and state its three features.

What is meant by 'Money Market'? Explain any two instruments used in Money Market.

Neeraj is selected for the post of software developer in an IT Company. On the first day of his joining Mehul, his project manager tells Neeraj that during the course of his work he will come across many such opportunities which may tempt him to misuse his powers for individual or family’s benefit at the cost of larger general interest of the company. In such situations, he should rather exhibit exemplary behaviour as it will raise his stature in the eyes of the company. Also, for interacting with anyone in the company on official matters, he should adopt the formal chain of authority and communication.
In context of the above case :

1. Identify and explain the various principles of management that Mehul is advising Neeraj to follow while doing his job.
2. List any two values that Mehul wants to communicate to Neeraj.

Explain any four points that highlight the importance of management.

When Chandrashekhar Shukla returned to India after completing a Certificate course in Food Quality Assurance and Quality Control from the Netherlands, he was convinced that he would fulfil his grandfather's dream of converting their 58 acre land into a fertile farm. He started by setting out specific goals and laid down related activities to be performed to achieve the goals. Soon he launched his own company ‘Food and Agribusiness Solutions Private Limited’.
He sought to ensure that the future events effectively meet the best interest of the company. He prepared an annual statement for production and sales, based on sales forecasting. He noticed that the farmers grew only paddy due to which land remained idle for the subsequent 8 to 9 months of the year. He identified and assessed various alternatives through which farms could be utilised for the remaining months of the year.
Through his accurate vision, judgement and systematic thinking based on analysis of the facts, he presented a scheme to the farmers where both paddy and vegetables could be grown.
Identify and explain the features of one of the functions of Management highlighted above.

Discuss the basic features of management as a profession.

What is meant by "Primary Market"? Explain any two methods of floating new issues in the primary market.

Distinguish between the term “training and 'development.

Discuss the following techniques of scientific work study:

1. Time Study.
2. Motion Study.
3. Fatigue Study.
4. Method Study.