Business Environment — Business Studies STD 12 Commerce — Question

“Informal organisation is considered better than formal organisation”. Do you agree with this statement? Give reasons.

Explain any four points which highlight the nature of ‘Principles of Management’.

Which function of management ensures work accomplishment according to plans? Name and explain the importance of this function.

‘Planning is an important function of management'. Explain by giving any six points.

Briefly discuss the impact of Government policy changes on business and industry.

Identify the Maslow's hierarchy need highlighted in the following statements:

1. Autonomy status and prestige in the society help to satisfy this need.
2. This need is satisfied when one becomes what he is capable of becoming.
3. Motivators like pension plans and job security help to satisfy this need.
4. These needs include need for food, shelter, clothing and basic necessities of life.
5. Informal groups are often formed to satisfy this need.
6. This need aims to get recognition and respect from others.
7. This need aims to ensure that one will be able to meet the physiological needs in future also.
8. Challenging jobs and opportunities for innovation help to satisfy this need.
9. This need satisfies the need for love and social interaction.

‘Viyo Ltd.' Is a company manufacturing textiles. It has a share capital of rupees 60 lakhs. The earning her share in the previous year was rupees 0.50. For diversification, the company requires additional capital of rupees 40 lakes. The company raised funds by issuing 10% debentures for the same. During the current year, the company earned profit of rupees 8 lakh on capital employed. It paid tax @ 40%.

1. State whether the shareholders gained or lost, in respect of earning per share on diversification. Show your calculations clearly.
2. Also, state any three factors that favour the issue of debentures by the company as part of its capital structure.

Aman Chadha started 'Bulls Eye' a company for providing cybersecurity solutions to businesses. Its objective is to prevent, detect and respond to cyber-attacks and protect critical data. He was a hardworking software engineer and an expert in cybersecurity. His reputation grew by leaps and bounds as he was not only a person of integrity but also did his work with utmost honesty and sincerity. The business started growing day by day.
He was delighted when he was offered a big project by the Ministry of Defence. While working on the project, he found that the volume of work made it impractical for him to handle all the work by himself. He decided to expand the team. The company maintained a close liaison with a local engineering college. During a campus placement, Ishan and Vrinda were appointed to work for the new project.
He found the new employees capable, enthusiastic and trustworthy. Aman Chadha was thus, able to focus on objectives and with the help of Ishan and Vrinda, the project was completed on time. Not only this Aman Chadha was also able to extend his area of operations. On the other hand, Ishan and Vrinda also got opportunities to develop and exercise initiative.
i. Identify and briefly explain the concept used by Aman Chadha in the above case which helped him in focusing on objectives.
ii. Also, state any four points of importance of the concept identified in (i) above.

'The barriers to effective communication exist in all organizations to a greater or lesser degree'. State any six measures to overcome these barriers.

Which function of management helps in obtaining the right people and putting them on right jobs? Explain any five points of importance of this function.