Planning — Business Studies STD 12 Commerce — Question

There has been an increase in corporate form of business. What does it imply?

Give first two stages of selection process.

Give two examples of marketing intermediaries.

What is the main objective of simplification in scientific management?

As a technique of scientific management what is the meaning of ‘Standardisation of Work’?

What is meant by Product Mix?

What is meant by ‘Planning’?

Name the process by which a manager synchronises the activities of different departments?

What is the basis of formation of scientific management?

'Tricom Ltd.' a computer hardware manufacturing company imported a new machinery for manufacturing latest technology based computer systems. The human resource manager determined that for operating the new machines, the company required the necessary workers through placement agency.After 3 months, it was reported by the production manager that the workers were not able to meet the target production. The General Manager got annoyed and ordered inquiry for the same. It was reported that the newly recruited workers possessed the necessary skills and abilities but lacked the willingness to do work.(i) Name the functions of management involved above.(ii) Name the relevant concept of functions identified in (i).(iii) Which concept of management will help the company in meeting the target production?