Controlling — Business Studies STD 12 Commerce — Question

Identify the dimension of business environment, in each of the following cases, and explain them:

1. The project of Nano Car re-established in Gujarat.
2. Decrease in the repo rate to overcome recession.
3. Rise in the BSE price index, soon after the both declaration of Lok Sabha Election, 2014 results.
4. Increase in the number of working women.
5. Prohibition of advertisement of alcoholic beverages on Doordarshan.
6. Demand for reservation for minorities in government jobs.

Describe, in brief, the functions of lower level management in an organisation.

It was established by the Government of India on 12 April 1988 as an interim administrative body to promote orderly and healthy growth of the securities market and for investor protection. It was given statutory status in 1992 through an Act of Parliament.
(I) Identify the regulatory body which has been highlighted above.
(II) State the three objectives of the regulatory body identified in part (I).
(III) State any two functions that are performed for the development of the securities market by the regulatory body identified in part (I).

Which tool of promotion will primarily be used for the following:

1. To promote or protect a company’s image or its individual products.
2. An existing product meant for mass usage by literate people.
3. To introduce a new product to a particular class of people through door-to-door visits.

‘Filling vacancies from within the organisation has some advantages as well as limitations’. Explain any three such advantages and any three limitations.

Explain by giving any five reasons why understanding of business environment is important for managers.

Explain any four factors which affect the working capital requirements of a business.

'Laxmi Ltd. is an IT company having 1,000 employees. All its employees take things easy and are free to approach any one for minor queries and problems. Because of this the operations of the company are disturbed and its revenue has declined. Everyone is seen talking to each other resulting in inefficiency in its offices. It has also resulted in loss of secrecy and confidential information being leaked out. Explain the measures that the manager should adopt to improve communication system of 'Laxmi Ltd.

A businessman who wants to start a manufacturing concern approaches you to suggest him whether the following manufacturing concerns would require large or small working capital:

1. Bread.
2. Sugar.
3. Coolers.
4. Furniture manufacturing against specific orders, and.
5. Motorcars give your view point with reasons in each of the above cases.

Explain any five impacts of government policy changes on business and industry in India.