Marketing — Business Studies STD 12 Commerce — Question

The earlier approach of Caveat Emptor which means, "let the buyer beware" has now been changed to what?

How is planning a pervasive function? State.

Appliances India Ltd. is engaged in manufacturing and distribution of home appliances since 1987. It has a good name in the market as the company is producing good quality appliances. It has separate departments for manufacturing, finance, sales, maintenance services and technical services to achieve specialization.
Since the areas of operations of the company have increased and customers have become more demanding, the company decided to modify the existing principle of management to meet the changing requirements of the environment.
State the general principle of management which the company wants to modify to meet the changing requirements.

What kind of relation do principles given by Taylor and Fayol have with each other?

Explain HRM.

What role can consumer organisations play in providing consumer protection?

'Principles of management are contingent.’ Explain.

'In an organisation employees are happy and satisfied, there is no chaos and the effect of management is noticeable.' Which characteristic of management is highlighted by this statement?

Who is a supervisor?

Distinguish between delegation and decentralization on the basis of freedom of action.