Directing — Business Studies STD 12 Commerce — Question

Name the need which is satisfied first of all.

What do you mean by External Sources of Recruitment?

An employee will retire at the age of 60 years. What type of plan is it?

Details of job title, duties and responsibilities and allowances payable to employees are given in which document?

Name & state the aspect of financial management that provides a link between investment and financing decisions.

Which principle suggests that the interests of an organisation should take priority over the interests of any one individual employee?

XYZ Ltd. is a manufacturing company in Gurgaon. Its target production is 2,00,000 units per year. Due to high labour turnover in this company and in order to achieve this target, the manager has to hire part time labour on and off throughout the year which not only results in wastage of materials but also increases labour and material cost. However, the manager is able to meet the target production. Is the manager effective and efficient? Give reason in support of your answer.

Give the meaning of ‘objective’ as type of plan.

To make the time-table in an educational institution is the example of coordination. Comment.

Give any two measures to improve effectiveness of communication.