Principles of Management — Business Studies STD 12 Commerce — Question

Your father wants you to do M.B.A. before joining family business. What does this show about the nature of management?

How is interest coverage ratio computed?

Which kind of appeals can be taken to the Supreme Court?

Every month, McDonalds displays the name of the employee on the achievement board who has performed the best. Name the incentive indicated in the given case.

‘Providing for social security and welfare of employees’ is one of the specialized activities performed by Human Resource Management. Mention any two other specialized activities of Human Resource Management.

What is the objective of ‘Method Study’ as a technique of scientific management?

In a factory the toolbox was kept under the table of every worker, whenever worker needs tools he had to bend tape out tool from tool box and keep it back after use. The newly appointed supervisor observed it and suggested to keep a stool near every worker's chain where toolbox can he placed so that workers do not waste their energy in bending again and again.1. Which technique of scientific management is used by New Supervisor.2. State the objective of motion study.

State any two features of scientific management.

Mention the three levels of indirect channels.

State any one advantage of ‘Critical-point Control’ and ‘Management by Exception’.