Consumer Protection — Business Studies STD 12 Commerce — Question

Varsha Jain after completing her fashion designing course from Indian Institute of Fashion Technology planned to enter into designer clothing venture. She had to address issues like her target customers, channel of distribution to be used, pricing policy etc. Identify the type of plan that Varsha Jain needs to develop to provide direction and scope to her organization in the long run.

What is meant by “single use plan?”

It is not always true that just because a plan has worked before, it will work again. Which demerit of planning is highlighted here?

Why is “Management called a group activity”?

Upasana filed a case against 'Volvo Ltd.' in the State Commission'. But she was not satisfied with the orders of the 'State Commission'. Name the authority to which she can appeal against the decisions of 'State Commission'.

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

Blue Heavens Ltd. purchased a new hi-tech machine from Germany for manufacturing high quality auto components in a cost effective manner. But during the production process, the manager observed that the quality of production was not as per standard. On investigation it was found that there was lack of knowledge amongst the employees of using these hi-tech machines. So, frequent visit of engineers was required from Germany. This resulted in high overhead charges. Suggest what can be done to develop the skills and abilities of employees for producing high quality products by using these hi-tech machines. Also state how the employees or the organization will benefit from your suggestion.

Define ‘Selection’.

After the change in government policy, 10 is it necessary for firms to adapt the market orientation technique. Why?

What is Badla?