Planning — Business Studies STD 12 Commerce — Question

One category of formal organisation structure includes Functional structure. Mention the other one.

Who is a customer?

Which demerit of planning is highlighted in this statement - Middle management and other decision makers are neither allowed to deviate from plans nor are they permitted to act on their own.

Give any one advantage of internal sources of recruitment.

Give any one reason why management principles are required.

Maruti Vega Ltd.’ entered into the market with coloured television and have now introduced products like audio systems, air-conditioners washing machines, etc. The company is not only offering the products but also handling complaints and offering after-sales services. Identify the element of marketing-mix discussed here.

What type of relation exists between a leader and his follower?

Name the type of plan which is time bound and linked with measurable outcome.

Define the term “physical distribution".

Define message.