Planning — Business Studies STD 12 Commerce — Question

Business environment is dynamic. (True/ False)

When is a corrective action required in controlling?

These are run by the Government as a source of recruitment for unskilled and skilled operative jobs. What is being referred here?

In what kind of situation does favourable financial leverage occurs?

Which kind of needs of an individual are satisfied by status given to their job?

Which Act protects and promotes the interests of consumers?

Give one benefit of training to the organisation.

Post demonitisation in a further push to cashless economy, the Central cabinet has recently approved the ordinance for paying wages via electronic means. Accordingly, the government approved to Amend Section 6 of the Payment Of Wages Act 1936, to allow employers of certain industries to make payment through the electronic mode and cheques . The new ordinance will be applicable to the public sector. Identify the various dimensions of business environment which relate to the above mentioned case.

How does controlling help in accomplishing organisational goals?

'Himalaya Ltd.', is engaged in manufacturing of washing machines. The target of the organisation is to manufacture 500 washing machines in a day. There is an occupational specialisation in the organisation which promotes efficiency of employees. There is no duplication of efforts in such type of organisation structure.
Identify the type of organisation structure described above.