Financial Management — Business Studies STD 12 Commerce — Question

Explain the importance of interview in the selection process.

Name the type of formal communication in which the persons of two departments one at a higher position and another at lower, communicate with each other? Also state the problem which may arise in this type of communication.

'Advertising involves non-personal contact with the consumer'. Comment.

What is meant by product concept of marketing?

Arundhati has been promoted to the post of Marketing Division Head of a soft drink company. Identify the level of management at which she will be working henceforth. State any four functions that she will have to perform at this level.

State any three features of ‘Informal Organisation.’

Dharam is a well-known businessman in the field of publishing. He owes the success of his business to his own education in business management and his team of certified management consultants. Therefore, he decides to send both his children Danush and Damini abroad to acquire a degree in business management in their individual area of expertise. He feels that all over the world there is marked growth in management as a discipline, but still it is not considered to be a full-fledged profession for certain reasons.
In the context of the above case :

1. Explain the reasons because of which Dharam considers management as a discipline.
2. Critically examine the various reasons because of which management is not considered to be a full-fledged profession.

Do you think planning can work in a changing environment?

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.

Why is there a need of motivating employees?
OR
Why a manager thinks that motivation is the only source to stimulate employees?