Business Environment — Business Studies STD 12 Commerce — Question

What does the level of ability to do certain work of a person depends on?

Why is it said that “management is a group activity”?

What is the another name for long term investment decision?

State any one importance of organising function of management.

'Buy one get one free' is printed on the label of the package of a mosquito repellant. State the labelling function being performed by this statement.

Procter and Gamble (India) has many products such as Vicks (health care), Ariel and Tied (fabric care), pamper (baby care). While LG and Samsung use the same name for all the products be it TVs, refrigerators, washing machines. They are all sold in the name of LG or Samsung. These decision, whether to sell under different names or single name, forms an important area of marketing function. Identify it.

What is the next step after selection in the process of staffing.

Give an example of 'Employee Recognition Programmes' as a non-financial incentive.

Is ‘human asset’ mentioned in the balance sheet?

What is meant by directing?