Nature and Significance of Management — Business Studies STD 12 Commerce — Question

What type of plan is defined as long range blue print of an organisation's desired image, direction and destination?

What are financial incentives?

Give an advantage of selection tests.

Name the method of training in which the trainees learn on the equipments they will be using.

What is a market offering?

Explain in brief ‘Management as a Process'.

Who has developed general principles of management?

It is necessary that goods and services must be made available to the customers at the right place, in the right quantity and at right time.(a) Name and explain the concerned element of Marketing Mix given above.(b) Explain the components of this element.

Mansi took her niece, Ridhima, for shopping to ‘Mega Stores’ to buy her a bag for her birthday. She was delighted when on payment of the bag she got a pencil box along with the bag free of cost.
Identify the technique of sales promotion used by the company.

Name the type of plan which provides the basis for interpreting the strategy.