Principles of Management — Business Studies STD 12 Commerce — Question

Under which environment does change in taste, fashion and trend fall in?

List any two principles of 'Scientific Management' formulated by Taylor for managing an organisation scientifically.

What is the main objective of ‘Motion Study'?

District Forum redresses the grievances of what amount?

What are the different ways of issuing securities in primary market?

Laxmi Chemicals Ltd., a soap manufacturing company, wanted to increase its market share from 30% to 55% in the long-run. A recent report submitted by the Research & Development Department of the company had predicted a growing trend of herbal and organic products. On the basis of this report, the company decided to diversify into new variety of soaps with natural ingredients having benefits and fragrances of Jasmine, Rose, Lavender, Mogra, Lemon Grass, Green Apple, Strawberry etc. The Unique Selling Proposition (USP) was to promote eco-friendly living in the contemporary life style. The company decided to allocate t 30 crores to achieve the objective.
Identify the type of one of the functions of management mentioned above which will help the company to acquire dominant position in the market.

What does National Commission consist of?

Blue Birds Ltd. offers to its employees issue of shares at a price which is less than the market price.(i) Name and explain the type of incentive offered to the employees.(ii) Explain one more incentive of the same category.

Give any two characteristics of ‘Organizational Climate’ that influence the behaviour of individuals and act as a non-financial incentive.

Why is marketing called a social process?