Principles of Management — Business Studies STD 12 Commerce — Question

How can you say that ‘controlling is not necessarily looking back, it is looking forward also’?

Cutie Beauty Ltd. is a beauty brand famous for its organic beauty products for men and women. The company uses organic plant extract to produce its products which are non-allergic and beneficial for every type of skin. The product is made available in different packs and sizes. The label of the product contains full information about the ingredients, batch number, date of manufacture and expiry price etc. and The company has set up its customer care cell to handle all sort of queries of its customer.
List the consumer rights taken care of by the company by quoting the lines from the passage.

Describe any four off-the-job training methods.
Or
What is an off-the-job method of training?
Explain any three method of off-the-job training

A company comprised of competing divisions, allows its top management to frame policies or sound strategic thinking on various aspects like allocation of resources, funds, etc. In the light of above statement, state the disadvantages of divisional structure.

'Money Market is essential market for short term funds.' Discuss.

In a particular company, no importance had been attached to the suggestions given by the subordinates. In 2014, the company appointed Mr Lotus as its Chief Executive Officer. He was an M.B.A. degree-holder from I.I.M. Ahmedabad with an experience of a decade. On assuming the charge of his office, he started a sort of campaign asking for suggestions from every big or small employee of the company. In a very short time, there were about 10,000 suggestions. After studying them intensively, about 1500 suggestions were implemented in different fields. This campaign fetched the company an additional profit of 50 crore rupees.

1. What principle of management will have been working behind Mr Lotus’ thinking?
2. What will be the effect of implementing these suggestions on the employees?

What factors determine inventory levels in an organisation?

"There is no need of staffing as many people are available in the market these days'. Do you agree? Give reasons.

Which one is the most popular network in organisations under Grapevine network and what does it mean?

The barriers to effective communication exist in all organisations. Explain any three measures to overcome these barriers.