Principles of Management — Business Studies STD 12 Commerce — Question

‘Though branding adds to the cost, it provides several advantages to the consumers.’ In the light of the statement, state any three advantages of branding to customers.

What is meant by brand name? State any four characteristics of good brand name.

Describe different types of depository services.

Which principle of management envisages that each group of activities having the same objective, must have one head and one plan? Explain the principle with suitable example.

Rajiv, a consumer purchased medicines without noticing the date of expiry. He also did not obtain the cash memo. Do you think he will be able to protect himself by the loss caused due to expired medicine? Give reasons to support your answer.

Visit a consumer organisation in your town. List down the various functions performed by it.

Discuss in brief any two merits and demerits of sales promotion.

What is meant by 'formal organisation'? List any two advantages of formal organisation.

What is formal organisation structure? How is it different from informal organisation on the basis of flow of authority?

Maan and Shaan Ltd is manufacturing baby bottles and has separate departments of production, sales and finance. Which type of structure you would suggest to them and state some of its advantages?