Organising — Business Studies STD 12 Commerce — Question

What is meant by ‘liberalisation’?

What do you mean by "marketing"?

What is the aim of preliminary screening?

Define 'pricing of a product'.

'Resources should be put to use in such a manner that they should give maximum benefit with minimum cost'. Mention the importance of principles of management highlighted in the statement.

Now-a-days most people buy their movie tickets on "Book My Show” in order to save their time and avoid disappointment. Identify the dimension of business environment being highlighted here.

What is encoding of a message?

‘Planning always leads to success.’ Do you agree? Give reason in support of your answer.

List any two organisational objectives of management.

State how ‘Self-regulation by business’ acts as a means of Consumer Protection.