Directing — Business Studies STD 12 Commerce — Question

Explain ‘Helpful in higher performance’ in relation to importance of staffing.

Rahui as a leader, exercises complete control over subordinates and takes all decisions without consulting them. Which style of leadership is possessed by Rahul? Discuss.

Why are rules considered to be plans?

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

Srija runs an NGO under the name ‘Sarthak’ in Delhi. The organisation is engaged in offering waste paper recycling services to all kinds of institutions in the Delhi NCR region. It also manufactures custom made paper stationery out of recycled paper on order for the interested institutions at a very competitive price. The website of ‘Sarthak’ provides a link to a Careers site wherein the people desirous of joining the NGO can use simple Job Search to find the right opportunity for themselves. The NGO also keeps a database of unsolicited applicants in its office so that job seekers may be notified of future opportunities when they arise.
In context of the above case :

1. Identify the two sources of external recruitment being used by the NGO ‘Sarthak’ by quoting lines from the paragraph.
2. List any two values that Srija wants to communicate to the society.

What is meant by Work Study?

Home Creations Ltd is a well-known chain of large department store offering various types of products under one roof. The company owns fifty stores in various parts of the country. Each store is placed under the charge of a manager who is allowed to rim their stores autonomously by deciding about the products which may be promoted, the appointment of staff, ways to handle customer complaints etc. As these managers have a deeper knowledge of the local situations, it enables them to take these decisions effectively keeping in view the local circumstances and consumers’ needs. This approach helps to improve customer service and at the same time serves to boost morale and increase the job satisfaction of the store managers as it empowers them to innovate and use their initiatives.

(1) Identify and explain the policy followed by ‘Home Creations Ltd.’ to run their stores successfully.

(2) Also, give any three points highlighting the importance of the approach followed as identified in part (a) of the question.

What are the objectives of technique of standardisation?

Mr. Vikas Mehra was the Chairman of 'IBM Bank.' The Bank was earning good profits. Shareholders were happy as the bank was paying regular dividends. The market price of their shares was also steadily rising. The bank was about to announce the taking over of 'UK Bank.' Mr. Vikas Mehra knew that the share price of 'IBM Bank' would rise on this announcement. Being a part of the Bank, he was not allowed to buy shares of the bank. He called one of his rich friends Mukand and asked him to invest Rs.4 crores in shares of his bank promising him the capital gains.
As expected after the announcement, the share price went up by 50% and the market price of Mukand's shares was now Rs.6 crores. Mukand earned a profit of Rs.2 crores. He gave Rs.1 crores to Vikas Mehra and kept Rs.1 crores with him. On regular inspection and by conducting enquiries of the brokers involved, Securities and Exchange Board of India (SEBI) was able to detect this irregularity. SEBI imposed a heavy penalty on Vikas Mehra.
Quoting the lines from the above para identify and state any two functions performed by SEBI in the above case.

The production manager asked the foreman to achieve a target production of 200 units per day, but he doesn’t give him the authority to requisition tools and materials from the stores department. Can the production manager blame the foreman if he is not able to achieve the desired target? Give reasons.