Staffing — Business Studies STD 12 Commerce — Question

Identify the decision taken in financial management which affects the liquidity as well as the profitability of business.

Which organisational structure is suitable for a multi-product manufacturing company?

Blue Heavens Ltd. purchased a new hi-tech machine from Germany for manufacturing high quality auto components in a cost-effective manner. But during the production process, the manager observed that the quality of production was not as per standard. On investigation it was found that there was lack of knowledge amongst the employees of using these hi-tech machines. So, frequent visit of engineers was required from Germany. This resulted in high overhead charges.
Suggest what can be done to develop the skills and abilities of employees for producing high quality products by using these hi-tech machines.

Food, clothing and shelter are the examples of which type of needs?

What is determined by ‘Time-Study’?

Planning eliminates changes/ uncertainties'. Do you agree ? Give reason in support of your answer.

Name the two situations in which corrective action is not required.

What type of plan is defined as long range blue print of an organisation's desired image, direction and destination?

Give any two sources of external sources of recruitment.

Define 'Education”?