Directing — Business Studies STD 12 Commerce — Question

What is meant by training?

To make the time-table in an educational institution is the example of coordination. Comment.

Which concept of Marketing suggests that the organisation should earn profit through consumer satisfaction and social welfare?

Which principle of Fayol leads to specialisation?

How ‘Business Associations’ act as a means of consumer protection? State.

Name the incentive in which benefits like car allowance, housing, medical aid are offered to an employee.

List any two organisational objectives of management.

State the objective of financial management.

‘Sales promotion makes advertising effective.’ How?

'The application of principles of management is dependent upon the prevailing situation at a particular point of time'. State and explain the feature of management principle mentioned here.