Planning — Business Studies STD 12 Commerce — Question

What is meant by Lay-off?

Srijan is working as a sales manager in a publishing house. In order the promote the new series of encyclopaedias, the company decides to undertake door to door selling in the city. As the sales manager, Srijan is given the target of selling 5000 units in one month. He appoints a team of five salesmen for the purpose. Each salesman is given the target of selling 1000 units. At the end of the month only 4800 units are sold as one of the salesman, Bobby, falls ill during the last week and is able to sell only 800 units.
In the context of the above case :
Will Srijan be still accountable for the performance of the assigned tasks to Bobby? Why or why not? Give a suitable reason to support your answer.

The Anti-Terrorist Squad (ATS) requires such employees who are highly reliable and do not leak out secrets. State two steps, which should be incorporated by them in the selection process, in order to get such reliable candidates.

Which two steps in the process of control are concerned with compelling events to conform to plan?

How 'scale of operations' affect the requirement of fixed capital?

ITC started its business with Jobaico Industry, later on its entered in hotel industry, consumer goods industry, stationery, etc. ITC assured quality to customer and kept company's name as its identity. This help the customers in product identification and hence ensured quality. It also built up their confidence and help in increasing their level of satisfaction.(i) Name the element of marketing mix referred in above para.(ii) Name the other elements of marketing mix.(iii) Name the concept which assure quality and help in identification of product.

What is meant by “single use plan?”

Define dividend.

Which two steps in the process of controlling are concerned with compelling events to confirm to plan?

If stock markets are bullish, then what would be more easy for the company to issue?