Controlling — Business Studies STD 12 Commerce — Question

Explain in brief the term ‘Price Mix’ as an element of ‘Marketing Mix’.

What is the primary objective of 'Financial Management'?

Leadership is an integral part of directing. Comment.

Give the serial order of ‘Staffing’ as a function of management.

Business environment enables the firm to identify opportunities and getting the first mover advantage. Justify it with an example.

A company needs a detailed plan for its new project-construction of shopping mall. What type of plan is it?

Ms. Sanchana was working in a reputed educational Institute "Lotus Valley International School". She was very hardworking and efficient. So, she was given confirmation in her job by the management of her school in just six months. She was the overall Coordinator of MUN (Model United Nation) of her school. She conducted an inter school MUN which brought great laurels and popularity for her school. The management of the school awarded her with a letter of appreciation in the school assembly where she was applauded by everybody.By quoting the lines from the above para identify the needs of Ms. Sanchana which are satisfied by her organization.

What is meant by ‘Induction Training’?

Joseph and Co. is specialist in production of big ships and cruises. The company got the order of production of 10 ships with a capacity of 2,000 passengers. But the problem is that time span between the receipt of raw material and their conversion into finished goods, i.e., ship, is of two years. Thus, there is a limit to number of production each year as it is a time consuming process. Lot of staff, patience and hard work is required in this process too. State the nature of working capital requirement for Joseph and Co.

Business environment is the aggregate of external forces. (True/ False)