Financial Management — Business Studies STD 12 Commerce — Question

Which needs are satisfied through non-financial incentives?

How ‘effective management’ is possible through delegation of authority?

Name and explain the concept which relate to the following:
Searching for prospective candidates.

Give the meaning of ‘Physical Distribution’ as an element of Marketing Mix.

Which plan suggests actions and non-actions of employees?

State one advantage of functional structure.

‘The question is not whether there should be decentralisation, but decentralisation to what extent'? What does this statement indicate about decentralisation?

Why is management considered as an art?

It refers to the use of communication with the twin objective of informing potential customers about a product and persuading them to buy it. Name it.

Employees know well in advance what they are expected to do and what are the standards of performance on the basis of which they will be appraised, which in turn helps them to give better performance. Which importance of controlling is highlighted here?