Financial Management — Business Studies STD 12 Commerce — Question

What is meant by gross working capital and net working capital?

Voltech India Lid is manufacturing LED bulbs to save electricity and running under heavy losses. To revive from the losses, the management thought of shifting the unit to a backward area where labour is available at a low cost. The management also asked the workers to work overtime without any additional payment and promised to increase the wages of the workers after achieving its mission. Within a short period the company started earning profits because both the management and the workers honoured their commitments.

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

Identify the nature of management when it is said to be a systematised body of knowledge that explains certain general truths.

Advertising is an economical mode of communication. Do you agree?

Give one function of packaging.

In which type of plan the sequences to perform a job are determined?

Name the common instruments of capital market.

What is marketing management?

What are financial decisions?

Define the term market in modern sense.