Financial Management — Business Studies STD 12 Commerce — Question

What are the organisational objectives of management?

In a company there are four departments for finance, marketing production and human resource development. Identify the principle of management used in this company.

What is meant by ‘Bonus’ as a type of monetary incentive?

Who can file a complaint under the Consumer Protection Act, 1986?

State first two steps in the process of planning.

Write one example of exchange of goods in which buyer is a marketer.

Wealth maximisation objective of financial objectives.
OR
The primary aim of financial management is to maximise shareholders' wealth of Beta Constructions Pvt Ltd. Identify any two aims that would help the company to achieve its objectives.

What are the aims of ‘time’ and ‘motion’ study?

Consumers might be exploited by unscrupulous, exploitative and unfair trade practices. Give few examples of such practices adopted by sellers.

Which principle of management focuses on specialisation?