Planning — Business Studies STD 12 Commerce — Question

Fayol points out the danger of increased turnover and recruitment costs in one of his principles. Identify the principle.

‘Management is a Soft Science.’ How?

Pragya bought an iron of a reputed brand for ₹ 1,500 but it caused an electric shock while it was being used. Pragya wants to exercise her ‘Right’.
Identify the ‘Right’ under which she can be protected.

Which element in communication process relates to the process of converting encoded symbols of the sender?

Define dividend.

What is meant by 'follow-up action' as the step involved in the planning process?

Zenith Ltd. is a highly reputed company and many people wanted to join this company. The employees of this organisation are very happy and they discussed how they came in contact with this organisation.Aman said that he was introduced by the present Sales manager, Mr. John.Benu said that he had applied through the newspaper and was appointed as H.R Manager.Vaibhav said that he was neither related to any of the employee of the organisation nor there was any advertisement in the newspaper eventhen he was directly called from IIM Ahmedabad from where he was about to complete his MBA.(a) The above discussion is indicating an important function of management. Name the function of management.(b) The management function identified in part (a) follows a particular process. Explain the step of this process which is being discussed in the above para.

Taylor believed that there was only one best method to maximise efficiency. This method can be developed through study and analysis. Which principle is indicated by Taylor?

State the objective of motion study.

What are the uncontrollable factors affecting marketing decisions called? Give two examples.