Planning — Business Studies STD 12 Commerce — Question

'Sometimes planning fails in spite of the best efforts of management.' Do you agree? Give any five reasons in support of your answer

Rahul adopted a new policy in his business: Purchase mobile phones on credit and sell them for cash. Will it affect the requirement of working capital?

Since management deals with human beings and human behaviour, it can be termed as a ________.

Manuj bought a packet of chips from a local shopkeeper and found that the ingredients given on the label were not legible. He complained about it to the company. The company sent a written apology stating that they will make sure that existing packets are withdrawn from the market, and new packets with legible tables are soon made available. State the consumer right which Manuj exercised.

Give the meaning of ‘accountability’ as an element of delegation.

Name any two factors which help in fixing the price of a product.

ABC Ltd., a book publishing house published books on various subjects based on CCE pattern before any other publishing house could print it. What advantages will this publishing house get?

Alliance Ltd. is engaged in manufacturing plastic buckets. The objective of the company is to manufacture 100 buckets a day. To achieve this, the efforts of all departments are coordinated and interlinked and authority-responsibility relationship is established among various job positions. There is clarity on who is to report to whom. Name the function of management discussed above.

Give any two points of the need of development of employees.

How is the price of securities determined in the secondary market?