Marketing — Business Studies STD 12 Commerce — Question

State the two principles of delegation.

Define the term market in traditional sense.

Assume you are the the manager of Raj Enterprises. At one of the meeting held recently, the CEO of the company announced a plan to use new technology in manufacture of components parts of the automobile.
Since the CEO had not taken either the engineers in the company or the other employees in confidence before making this announcement, it was misinterpreted. The employees believed the new technology would threaten their existence. They immediately planned a strike. no
In this case, there was distortion in communication. Suggest two points for effective communication.

What is meant by ‘Follow-up action' as the step involved in the planning process?

What is Debt Service Coverage Ratio?

What is the basic difference in the nature of coordination and cooperation?

State one advantage of branding to marketers.

Palvinder, is working as a supervisor in Alpha Ltd. To achieve the target, he wants to try a new method and a different way of allocating the work. His superior did not permit him and forced him to do the work strictly as per the plan.(i) Name the limitation of planning indicated in the above para.(ii) Name the value overlook by Palvinder's superior.

Different techniques were developed by Taylor to facilitate principles of scientific management. One of them is ‘Fatigue Study’. What is the objective of this study?

If Taylor's principles and techniques are focussed on workers' efficiency, then Fayol's principles are focussed on which criteria?