Financial Management — Business Studies STD 12 Commerce — Question

The management and workers have entered into an agreement that workers will do overtime to cover up losses of the company. In return the manager will increase the wages but management later refused to increase the wages.Name the principle related to above situation.

Government of India has permitted to allow oil marketing public sector undertakings to fix their own price for petrol and diesel. Which economic reform is the reason of this government's policy?

State the meaning of ‘Product Identification’ function of packaging.

Name any two national level stock exchanges.

'Controlling is blind without planning'. How?

List any two personal objectives of management.

Name the type of organisation in which (a) Friendly relationship exists among members(b) Official relationship exists among the members.

Name the concept which increases the return on equity shares with a change in the capital structure of a company.

Telco Ltd. manufactures files and folders from old clothes to discourage the use of plastic files and folders. For this, they employ people from nearby villages where very less job opportunities are available. An employee, Harish, designed a plan for cost reduction but it was not welcomed by the production manager. Another employee gave some suggestions for improvements in design, but it also was not appreciated by the production manager.

1. State the principle of management that is violated in the above paragraph.
2. Identify any two values that the company wants to communicate to the society.

What is meant by cash less economy?