Business Environment — Business Studies STD 12 Commerce — Question

Give an example of ‘semantic barrier’ to communication.

XYZ Ltd. is a manufacturing company in Gurgaon. Its target production is 2,00,000 units per year. Due to high labour turnover in this company and in order to achieve this target, the manager has to hire part time labour on and off throughout the year which not only results in wastage of materials but also increases labour and material cost. However, the manager is able to meet the target production. Is the manager effective and efficient? Give reason in support of your answer.

Name the level of management engaged in:(i) Selection of employees(ii) Introducing new products(iii) Design a suitable advertisement: campaign to sell a new product(iv) Framing the capital structure of the company(v) Preparing performance reports of employee(vi) Hiring casual labourers.

'An organisation interacts with external environment and adapts itself to the changing environment'. Which characteristic of management is highlighted in this statement?

'Management increases efficiency'. How?

Departmental managers are included at which level of management?

What is the main objective of simplification in scientific management?

A Company needs a detailed plan for its new project ‘Construction of a Shopping Mall’. What type of plan is it?

State first two steps in the process of planning.

The responsibility of a firm should be divided among various levels such as top level, middle level, and lower level. Identify the concept of management function and state its importance.