Financial Management — Business Studies STD 12 Commerce — Question

The activities and employees in ‘Elegance Pvt. Ltd.’, a footwear manufacturing company, can be broadly grouped into five departments namely; production, purchase, marketing, accounts and personnel. Over the years the company has grown and expanded its operations manifolds. The company now intends to diversify into leather bags segment. So its management has decided to restructure its operations. They plan to create separate product divisions for each product line wherein the functioning of each division will be further divided into five departments namely; production, purchase, marketing, accounts and personnel.
In context of the above case :
How is the company’s future organisational structures likely to be different from the existing one? State any three points of differences between the two types of organisational structures.

Mention any two measures to improve communication effectiveness.

Does study of business environment help in maintaining image in market?

Enumerate any three functions of a General Manager.

Mr. Vivek Vaswani, a foodpreneur combined his passion for food with his entrepreneurial skills and started his innovative fast food outlet OH CHILLI! in 2021. He had started his career as a food blogger and had noticed that numerous Indian consumers were looking for reasonable and pure vegetarian fast food options for dining out. The high end restaurants were not opted by many as they were exorbitantly priced. Though many global fast food chains were running across the country, yet not many outlets offered reasonable and healthy pure vegetarian fast food options to consumers. OH CHILLI! became a pioneer in offering a healthy and delicious variety of food.
What came as a surprise for consumers was that even without using onion or garlic in the pasta sauce, marinade and ketchup ,the food could actually taste great. The company witnessed an increase in net profit of 26% in its second financial year and became a market leader.
(I) State the concept of business environment.
(II) Identify and explain in what way, a good understanding of business environment enabled Mr. Vivek Vaswani to improve the performance of the enterprise.

Financial management is concerned with inflow and outflow of money. Do you agree? If yes, How?

State with reasons your choice of a media of advertising for selling of toys.

How ‘costs’ create hurdle in planning?

State any three ‘Development functions’ of Securities and Exchange Board of India(SEBI).

State three benefits of the principle of critical point control.