Principles of Management — Business Studies STD 12 Commerce — Question

A manager should maintain balance between _____ and ______.

Name that portion of current assets which is financed by fixed liabilities.

Telco Ltd is manufacturing files and folders from the old clothes to discourage use of plastic files and folders. For this, they employ people from nearby villages where very less job opportunities are available. An employee, Harish, designed a plan for the cost reduction but it was not welcomed by the production manager. Another employee gave some suggestion for improvement in design, but it was also not appreciated by the production manager.

• State the principle of management described in the above para.
• Identify any two values that the company wants to communicate to the society.

What does allocation as a function of intermediaries involve?

In which context, alternative courses are being evaluated?

'Leadership transforms potential into reality’. How?

What is liberalisation?

Why is consumer protection important for consumers? Give anyone reason.

Define controlling.