Organising — Business Studies STD 12 Commerce — Question

State any two steps of the process of delegation of authority.

What is meant by ‘Decentralization’?

Differentiate between formal and informal organisation on the basis of ‘authority’.

The term demonetisation has become a household name since the government pulled the old Rs. 500 and Rs. 1,000 notes out of circulation in November 2016. Prior to the year 2016, the Indian government had demonetised bank notes on two prior occasions—once in the year 1946 and then again in the year 1978. In both cases, the purpose was to combat tax evasion by ‘black money’. Identify the types of one of the functions of management being discussed in the above lines.

Give two examples of quantitative standards set up in controlling process.

What is the next step after selection in the process of staffing.

Each course will have many variables which have to be weighed against each other. Mention the step in planning which ensures this.

Give the types of Incentives.

Identify why the requirements of Fixed Capital for a trading concern are different from that of a manufacturing organisation.

Name the method of training in which the trainees learn on the equipments they will be using.