Consumer Protection — Business Studies STD 12 Commerce — Question

What is meant by production concept of marketing?

Supriya's grandmother who was unwell, called her and gave her a gift packet. Supriya opened the packet and saw many crumpled share certificates inside. Her grandmother told her that they had been left behind by her late grandfather.As no trading is now done in physical form, Supriya wants to know the process by adopting which she is in a position to deal with these certificates.(a) Identify and state the process.(b) Also give two reasons to Supriya why dealing with shares in physical form had been stopped.

Explain the following two functions of Marketing:
Marketing Planning.

Explain any three points of importance of consumer protection from the point of view of consumers.

What were the objectives of privatisation?

Mr Axe, one of the directors of XYZ Ltd, knew that bonus shares were to be announced in the next meeting and he expected the price to rise. He bought 10000 shares from the stock market. By the end of few months, price rose by ₹ 9. He sold his shares and made huge profit.

1. Name the act of Mr Axe.
2. Is it permitted?

What did Taylor want to communicate through mental revolution?

What is meant by 'indirect channels of distribution'? Explain any two methods of indirect channels of distribution.

Fayol's principles of management are very effective. Can you draw a table which shows the traditional and present implications of any four principles of management?

Difference between authority, responsibility and accountability.