Marketing — Business Studies STD 12 Commerce — Question

Every manager from top executive to superior performs the function of directing. Which characteristic of directing is referred here?

Pawan is working as a Production Manager in CFL Ltd. which manufactures CFL bulbs. There is no class-conflict between the management and workers. The working conditions are very good. The company is earning huge profits. As a policy, the management shares the profits earned with the workers because they believe in the prosperity of the employees.State the principle of management described in the above paragraph.

What function does financial market perform?

‘Sales promotion makes advertising effective.’ How?

What is the role of financial management in an organisation?

Identify why the requirements of Fixed Capital for a trading concern are different from that of a manufacturing organisation.

Enumerate first two steps in the process of controlling.

Enumerate the types of communication on the basis of organisational relationship.

What type of structures can a formal organisation have?

National Vritech Ltd. has grown in size. It was a market leader but with changes in business environment and with the entry of MNCs, its market share is declining. To cope up with the situation CEO starts delegating some of his authority to the General Manager, who also felt himself overburdened and with the approval of CEO disperses some of his authority to various levels throughout the organisation. Identify the concept of management discussed above.