Controlling — Business Studies STD 12 Commerce — Question

Discuss the nature of controlling.

Rajeev, the owner of Pathways Constructions decided to start a campaign to create awareness among people for developing clean surroundings in their area. He formed a team of 10 members to list the different ways for cleaning the surroundings. One suggested to take the help of local residents, another suggested that they may involve school-going children in their venture. One more suggestion was to take the help of unemployed youth. On evaluation of different ways, it was decided to take the help of local residents. To achieve the desired goal various activities were identified like:(a) Purchase of necessary items like dustbins, garbage bags, brooms, etc.;(b) Collection of garbage;(c) Disposal of garbage, etc.After identification of different activities the work was allocated to different members.(i) Identify the concepts of management involved in the above situation and quote the lines which help in their identification.(ii) Also identify the values which the company wants to communicate to the society.

Explain by giving any three reasons why decentralisation is important in an organisation.

What do you mean by ‘Campus Recruitment’?

Is ‘management’ a full fledged profession? Give any three reasons in support of your answer.

Mohit Gupta is working with Yellow Security Services Ltd. He is also recruiting security guards for the company. The company provides security services in Delhi and Noida at short notice to various companies. The guards are recruited on a temporary basis. The guards provided by this company are known for their honesty and punctuality. Mohit Gupta is well-known in his village for providing employment to unskilled people.

1. Name the source of recruitment used by Yellow Security Services Ltd.
2. State any one disadvantage of this source of recruitment.
3. Identify the need of security guards which is being fulfilled by the company as per Maslow’s need hierarchy.
4. Identify any two values communicated to society in the above stated case.

Suhasini, a home science graduate from a reputed college, has recently done a cookery course. She wished to start her own venture with a goal to provide ‘health food’ at reasonable prices. She discussed her idea with her teacher (mentor) who encouraged her. After analysing various options for starting her business venture, they short listed the option to sell ready made and ‘ready to make’ vegetable shakes and sattu milk shakes. Then, they weighed the pros and cons of both the short listed options.

1. Name the function of management being discussed above and give any one of its characteristics.
2. Also briefly discuss any three limitations of the function discussed in the case.

What is meant by brand name? State any four characteristics of good brand name.

When are the market terms 'going public' and 'water the equity' used?

Explain how planning reduces the risk of uncertainty.