Organising — Business Studies STD 12 Commerce — Question

Authority can be delegated, but accountability cannot be'. Explain.
Or
'A manager is of the view that he is not responsible for the quality of work, he has delegated responsibility to his subordinate'. Do you agree with his viewpoint? Justify your answer by giving proper arguments.

What is meant by recruitment? How is it different from selection?

Enumerate any six points of the characteristics of coordination.

What are the components of internal environment? Write any six.

'Our assets walk out of the door every evening, we have to make sure that they come back the next morning. This statement relates to which function of management. Why is it important?

“Direction is the least important function of management”. Do you agree with this statement? Give any two reasons in support of your answer.

XYZ Power Ltd set up a factory for manufacturing solar lanterns in a remote village as there was no reliable supply of electricity in rural areas. The revenue earned by the company was sufficient to cover the costs and the risks. The demand of lanterns was increasing day-by-day, so the company decided to increase production to generate higher sales. For this, they decided to employ people from the nearby villages as very few job opportunities were available in that area. The company also decided to open schools and creches for the children of its employees.
(i) Identify and explain the objectives of management discussed above.
(ii) State any two values which the company wanted to communicate to the society.

Mr Nitin Singhania's father deals in the business of iron and steel. His father wishes that his son should join the family business but he wants to go to the USA for pursuing MBA. On the basis of emerging trends, what should he do? Give three reasons in support of your answer.

Govind purchased a book from a book-seller and got the cash memo of ₹400 which he paid for the book. Later, he found that the actual price of the book is ₹380 but the book-seller had put a sticker of ₹400 on the original price. Can Govind recover the extra money that he paid? What other options are available to him against book-seller if he is refused to give the extra money he paid?

Which functions of marketing help to create 'time utility' and 'place utility'? Explain.