Financial Management — Business Studies STD 12 Commerce — Question

Is directing necessary at planning stage? Give reason in support of your answer.

Distinguish between the concepts ‘product and production in Marketing keeping following as the base:

1. Focus.
2. Means.
3. Ends.

In a school principal makes sure that every instruction, order or information given by him must be passed to vice-principal then Head of the department and then to teachers and students must be informed by respective teachers only. He never allows teachers to directly communicate with him.1. State the Principle of Henry Fayol followed by the school principal.2. In case of emergency which concept of Scalar Chain can be used by teacher to pass urgent message directly to principal.

Physical distribution as a function of marketing involves two major decision areas. List these decision areas.

Mention one benefit of motivation.

Deepak Shah purchased a car for ₹19 lacs from an automobile company and found its engine defective. Despite many complaints the defect was not rectified. He filed a case in the District Forum. But he was not satisfied with the orders of the District Forum and decided to appeal. Suggest him the highest authority where he could appeal if not satisfied again by the decision of the next higher authority.

Manager of XYZ Ltd. is over burdened with routine work and is unable to concentrate on its objectives and other important issues of the firm. To solve this problem which management concept should be followed by the manager? Also explain the related function.

Zenith Ltd. is a highly reputed company and many people wanted to join this company. The employees of this organisation are very happy and they discussed how they came in contact with this organisation.Aman said that he was introduced by the present Sales manager, Mr. John.Benu said that he had applied through the newspaper and was appointed as H.R Manager.Vaibhav said that he was neither related to any of the employee of the organisation nor there was any advertisement in the newspaper eventhen he was directly called from IIM Ahmedabad from where he was about to complete his MBA.(a) The above discussion is indicating an important function of management. Name the function of management.(b) The management function identified in part (a) follows a particular process. Explain the step of this process which is being discussed in the above para.

How does the government protect the interest of consumers?

List any two personal objectives of management.