Financial Market — Business Studies STD 12 Commerce — Question

‘Apna Ghar/ a company dealing in consumer durables, plans to increase the sale of its products by 25% around Diwali this year. Moreover, in order to cash on the implementation of the seventh pay commission by that time, which is likely to raise the income of 47 lakh serving employees of the Central government and 52 lakh pensioners, the company has created 30 advertisement films which will be aired across 85 national and regional channels until Diwali.
In context of the above case :

1. Identify the two different types of plans that ‘Apna Ghar’ proposes to implement by quoting lines from the paragraph.
2. Distinguish between the two types of plans as identified in part(i).

‘Products is a mixture of tangible and intangible attributes’. Discuss.

Blue Heavens Ltd. purchased a new machinery from Germany for manufacturing some auto components. It was a cost-effective and quality production machine but during the production process, manager observed that the quality of the production was not as per standards. On investigation, it was found that there was lack of knowledge of using these hi-tech machines. So, frequent visits by engineers were required from Germany but this resulted in high overhead charges.
Suggest what can be done to develop the skills and abilities of employees for producing quality products by using these hi-tech machines. Also state how the employees or the organisation will be benefited by your suggestion.

''Sound Financial Management is the key to the prosperity of business''. Explain.

How does the directing function bring about balance in the organisation?

Explain when and why the need is felt for having a framework, within which managerial and operating tasks are performed to accomplish desired goals. Name this ‘framework’ also.

Rishitosh Mukerjee has recently joined AMV Ltd, a company manufacturing refrigerators. He found that his department was under-staffed and other departments were not cooperating with his deparment for smooth functioning of the organisation. Therefore, he ensured that his department has the required number of employees and its cooperation with other deparments is improved.

1. Idenfity the level at which Rishitosh Mukerjee was working.
2. Also, state three more functions required to be performed by Rishitosh Mukerjee at this level.

Explain the concept of informal organisation.

What is an aptitude test?

'Automobiles Ltd offered to sell their new bike at about 3000 less than the usual price' is an example of one of the techniques of sales promotion. Name the technique and explain two other techniques with examples.