Business Environment — Business Studies STD 12 Commerce — Question

Enumerate any three functions of a General Manager.

Give the meaning of 'placement', 'orientation' and 'training' in the process of staffing.

A manufacturer of food products uses bad quality material for packing the product resulting in spoiling goods in reaching the consumers.
Which value is being ignored here?

Explain any three points of importance of consumer protection from the point of view of consumers.

Nature of money market can be well explained with the help of its features. State any three such features of money market.

Explain any two reasons why proper understanding of management principles is necessary.

Explain briefly any three measures to overcome the communication barriers.

What is meant by production concept of marketing?

Discuss the following features of management principles.

1. Contingent.
2. Mainly Behavioural.

XYZ Power Ltd. set up a factory for manufacturing solar lanterns in a remote village as there was no reliable supply of electricity in rural areas. The revenue earned by the company was sufficient to cover the costs and the risks. As the demand of lanterns was increasing day- by-day, the company decided to increase production to generate higher sales. For this/they decided to employ people from a nearby village as very few job opportunities were available in that area. The company also decided to open schools and creches for the children of its employees.

1. Identify and explain the objectives of management discussed above.
2. State any two values which the company wanted to communicate to the society.