Planning — Business Studies STD 12 Commerce — Question

Explain briefly ‘Remuneration of Employees’ and ‘Scalar Chain’ as principles of general management.

State any three advantages that a functional structure offers to an organisation?

With the help of an example, discuss in Odebrief, coordination.

‘Demand for reservation in jobs for minorities’ refers to an example of key component of general environment of business. Name and explain the component.

"Controlling is forward looking". Discuss.

State any three points which highlight the importance of delegation for an organisation.

Being a 'management guru', you feel that the adopted plan is not suitable for company's growth. Suggest an ideal plan for your company and briefly discuss its characteristics.

Saqib Ltd. is a large creditworthy company operating in the Kashmir Valley. It is an export oriented unit, dealing in exclusive embroidered shawls. The floods in the Valley have created many problems for the company. Many craftsmen and workers have been dislocated and raw material has been destroyed. The firm is therefore, unable to get an uninterrupted supply of raw material, and the duration of the production cycle has also increased. To add to the problems of the organisation, the suppliers of raw material who were earlier selling on credit are asking the company, for advance payment or cash payment on delivery. The company is facing a liquidity crisis. The CEO of the company feels that taking a bank loan is the only option with the company to meet its short term shortage of cash.As a finance manager of the company, name and explain the alternative to bank borrowing that the company can use to resolve the crisis.

Which functions of marketing help to create 'time utility' and 'place utility'? Explain.

Distinguish between the principles of ‘unity of direction' and 'unity of command'.