Financial Management — Business Studies STD 12 Commerce — Question

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.

Explain by giving three reasons why delegation is important in an organisation.

Describe, in brief, any four functions of middle level management in an organisation.

An investor wanted to invest ₹ 20,000 in Treasury Bills for a period of 91 days. When he approached the Reserve Bank of India for this purpose he came to know that it was not possible.
Identify the reason why the investor could not invest in the Treasury Bill.

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.

Clarify, how management possesses the feature of Art namely the ‘Personalised Application’?

Mr Amol Khan passed his B.Sc. (Non-medical) examination in the year 2014. After this he successfully ran the business of his father. Suddenly, he thought of seeking employment. He got the job of a finance manager in a company on the basis of his knowledge, experience and proficiency. He is doing his job successfully.

1. Now tell, is the appointment of Mr Khan as a manager valid?
2. Was not it necessary for him to do M.B.A. or some other course for this job?

Explain briefly any three personal barriers to effective communication.

How does the technique of time study help in improving the efficiency level?

A company is manufacturing garments. The manager wants to increase the profits by purchasing new high speed machines or increasing the sale price or using waste material in manufacturing stuffed toys.
He decided that using waste material to increase the profit is the best solution for him.
(i) Identify the concept of management involved.
(ii) Mention the steps involved in the above process by quoting the lines from the question,
(iii) To complete the process of the concept identified. What further steps does the manager have to take ?