Consumer Protection — Business Studies STD 12 Commerce — Question

Which principle of Fayol cannot be applied when organisation is following technique of functional foremanship?

On the introduction of Goods and Services Tax Act, experts in the field of business started analysing and forecasting its impact on various sectors and industries. Vivek, an established businessman, attended a few seminars and conferences organised by such experts to familiarise himself with this information. He wanted to use these forecasts to reduce the uncertainty in making decisions for the future in his business.Name the step in the planning process that is being discussed in the above paragraph.

Give two changes introduced in Industrial Policy of July 1991.

India’s retail sector has been undergoing structural changes for the last two decades. On one hand, the ‘mall culture’ has gradually become a way of life, especially in the metros and mini¬metros. On the other hand, there is accelerated growth in e-business as customers also prefer to buy products and services via the Internet, telephone and television. However, operating in either of the segments is marked by the presence of strong competitors.
Identify the components of specific forces and general forces being discussed in the above paragraph.

Name the concept which reduces the work load of a manager.

Government of India is seriously thinking to allow oil marketing public sector undertakings to fix their own price for petrol and diesel. Which economic LOS reform is the reason of this change in government's policy?

State the meaning of advertising.

List the last two steps of organising.

Mention any two elements of political environment.

Deepak Shah purchased a car for ₹19 lacs from an automobile company and found its engine defective. Despite many complaints the defect was not rectified. He filed a case in the District Forum. But he was not satisfied with the orders of the District Forum and decided to appeal. Suggest him the highest authority where he could appeal if not satisfied again by the decision of the next higher authority.