Planning — Business Studies STD 12 Commerce — Question

After completing his bachelor's in computer science, Abhijeet joined an IT consultancy firm. He observed there that the senior management more often communicated failures than successes. They rarely shared any good news related to the growth of the firm or give any recognition to its employees for their extraordinary contributions towards the firm. As a result, Abhijeet never felt encouraged enough to work up to his full potential and started exploring other avenues for employment.
In context of the above case:
a. Identify and explain the element of directing in the absence of which the employees don't feel encouraged to work.
b. State the importance of this element as identified in part (a) by giving any two suitable points.

The quality of production was not as per the standards. On investigation, it was observed that most of the workers were not fully aware of proper operation of the machinery. What can be done to improve the accuracy?

What are the elements of direction?

Explain in brief any three means, by which a consumer can be protected.

In functional structure, all functions are separated, resulting employees have little understanding or concern outside their functional area. In the light of above statement, state the disadvantages of functional structure.

A newly appointed personnel manager is of the view that training is beneficial only for the workers and not for the organisation. Do you agree with his view? Give any four reasons in support of your answer.

Rahim was working in an enterprise on daily wages basis. It was difficult for him to fulfill the basic needs of his family. His daughter fell ill. He had no money for his daughter’s treatment. To meet the expenses of her treatment, he participated in a cycle race and won the prize money. The cycle company offered him a permanent pensionable job which he happily accepted.
By quoting the lines from the above para identify the needs of Rahim that are satisfied by the offer of cycle company.

Define the terms ‘motive', 'motivation' and 'motivators'.

State the objective of financial management.

Enumerate any six points of the characteristics of coordination.