Financial Management — Business Studies STD 12 Commerce — Question

Which environment prohibits the advertisement of alcoholic beverages?

A company wants to establish a new unit in which a machinery of worth ₹ 10 lakh is involved. Identify the type of decision involved in financial management.

At which level of management, function of directing is performed?

Is advertising a ‘dialogue’?

'ABC Ltd.' decides to advertise their product on T.V. and radio. What type of plan should it prepare?

Beena, a student of management, likes to relate what she learnt in class to real life situations. She observed many situations while watching educational programmes on television that remind her of concepts of Scientific Management. In one such programme, factories manufacturing parts for products like automobiles, computers and mobile phones were being telecast. Name the technique of Scientific management that should be adhered to, while manufacturing parts for such products.

Mr. Gupta started a departmental store. He got it centrally air conditioned from KB Refrigerators Ltd. for Rs. 50,000. The cooling system was not efficient enough and so during the first month only, Mr. Gupta suffered huge losses due to spoilage of perishable inventories. Where can he file a case under the Consumer Protection Act? What are the remedies available to him.

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

What is meant by price mix?

What is the difference between a need and a want?