Principles of Management — Business Studies STD 12 Commerce — Question

Sagar purchases goods on 2 month credit and sells the goods on 3 months credit. How much working capital is needed?

How can principles given by Fayol and Taylor be differentiated from each other on the basis of applicability?

Hina and Harish are typists in a company having same educational qualifications. Hina is getting Rs. 3,000 per month and Harish Rs. 4,000 per month as salary for the same working hours.Which principle of management is violated in this case? Name and explain the principle.

Procter and Gamble (India) has many products such as Vicks (health care), Ariel and Tied (fabric care), pamper (baby care). While LG and Samsung use the same name for all the products be it TVs, refrigerators, washing machines. They are all sold in the name of LG or Samsung. These decision, whether to sell under different names or single name, forms an important area of marketing function. Identify it.

Informal organisation is deliberately planned and created by management. Why do people not agree to this?
Or
Define informal organisation.

Explain the two principles a manager must consider while dealing with deviation effectively?

More and more companies are using interactive sites to gather customer views and opinions before taking important decision. 'Sunonews', a news channel infacts seek viewer's choice through SMS. They give four news story option. On the basis of the maximum votes on the news story, they telecast that news story on their prime time. Identify the function of marketing followed here.

Give two factors affecting investment decision.

What is meant by Personal Selling?

Define the term ‘Organisation Structure’.