Financial Market — Business Studies STD 12 Commerce — Question

Which of the following is not an importance of delegation of authority?

As per Consumer Protection Act, the retailer or wholeseller is

Staffing function deals with which element of management?

A manager should have the right to punish a subordinate for wilfully not obeying his orders but only after sufficient opportunity has been given to him for presenting his or her case. Name the management principle highlighted here.

If the value of goods or services is more than 20 lakhs but less than one crore, then consumer can file case in

Statement I: Marketing planning covers various important aspects including the plan for increasing the level of production, promotion of the products, etc., and specifies the action programmes to achieve these objectives.
Statement II: Standardisation is the process of classification of products into different groups, on the basis of some of its important characteristics such as quality, size, etc.

A company is very flexible in its working. It wants the proper participation of all the employees in the organisation. Also, the company wants to expand and hence it uses the feature development of managerial talent for future.'In which aspect is it covered?

The positive effects of liberalisation and globalization on business and industry are: