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

Gemini Circus is organising shows internationally for the last thirty years. Their shows have been successful across the globe. Of late, their shows are not as popular as they were in past. After analysing they are thinking of bringing necessary changes in their shows to gain popularity and get their past image of No. 1 back.(i) Identify which two characteristics of management is reflected in above situation.(ii) Which two functions of management are indicated here?

Volvo Ltd.'s target is to produce 10,000 shirts per month at a cost of ₹ 100 per shirt. The Production Manager achieved this target at a cost of ₹ 90 per shirt. Do you think the ‘Production Manager' is effective? Give one reason in support of your answer.

If Manu is not satisfied with the order of the District Forum, where can he appeal?
OR
Shweta filed a case against 'Domestic Coolings Ltd.' in the 'District Forum,' but he was not satisfied with the orders of the District Forum. Where can he appeal further against the decisions of District Forum?

What does the willingness to do the certain work of a person depends on?

Name the functions of management which co-ordinates the physical, financial and human resources and establishes productive relations among them for achievement of specific goals.

Enumerate any two objectives of organising.

Name the element of directing which refers to the ability of influencing people to strive willingly for mutual objectives.

State the type of barrier mentioned in the following statements:

1. These are concerned with encoding/ decoding of messages.
2. A worried person cannot communicate properly.
3. Authority relationships and rules and regulations obstruct communication.
4. Personal factors of both sender and receiver.

How can taxation policy be a factor affecting dividend decision?

Identify the source through which unskilled and semi-skilled labours are recruited.