Financial Market — Business Studies STD 12 Commerce — Question

Appliances India Ltd. is engaged in manufacturing and distribution of home appliances since 1987. It has a good name in the market as the company is producing good quality appliances. It has separate departments for manufacturing, finance, sales, maintenance services and technical services to achieve specialization.
Since the areas of operations of the company have increased and customers have become more demanding, the company decided to modify the existing principle of management to meet the changing requirements of the environment.
State the general principle of management which the company wants to modify to meet the changing requirements.

What is meant by recruitment by demotion?

State any one objective of organising.

Name and state the aspect of financial management that enables foresee the fund requirements both in terms of 'the quantum' and 'the timings'.

What is meant by ‘Responsibility for’?

What is the person who maintain public relations called?

How are ‘Policies' and 'Procedures' interlinked?

Which Act provides relief to the buyers of goods in case the goods purchased do not comply with the expressed condition?

What is meant by 'caveat venditor'?

Name the type of plan which provides the broad contours of an organisation’s business.