Staffing — Business Studies STD 12 Commerce — Question

Radhika and Vani who are young fashion designers left their job with a famous fashion designer chain to set-up a company fashionable Pvt. Ltd.' They decided to run a boutique during the day and coaching classes for entrance examination of National Institute of Fashion Designing in the evening. For the coaching Center, they hired the first floor of a nearby building. Their major expense was money spent on photocopying of notes for their students. They thought of buying a photocopier knowing fully that their scale of operations was not sufficient to make full use of the photocopier.

In the basement of the building of 'Fashionate Pvt. Ltd.' Praveen and Ramesh were carrying on a printing and stationery business in the name of ‘Neo Prints Pvt. Ltd.' Radhika approached Praveen with the proposal to buy a photocopier jointly which could be used by both of them without making separate investment, Praveen agreed to this.

Identify the factor affecting fixed capital requirements of 'Fashionate Pvt. Ltd.'

Why is it said that management is a goal-oriented process?

Give the names of two consumer organisations.

Which plan suggests actions and non-actions of employees?

How informal organisation is created?

Planning is done by the top level managers and rest of the members follow them blindly. State the demerit of planning highlighted here.

Define ‘Formal communication’.

What is meant by 'caveat emptor'?

The project of Nano car reestablished in Gujarat is indicated by which factor of environment?

What is the purpose of enacting the Consumer Protection Act 1986?