Directing — Business Studies STD 12 Commerce — Question

Whose principles are more general in nature having input of flexibility?

Planning lays down the base for other functions of management. Which feature of planning is highlighted here?

What should be done while ‘taking corrective action’ in the process of controlling, when especially in the important areas deviation go beyond the acceptable range?

Name the principle of management which resembles military organisation.

Name the kind of monetary incentive in which employees are offered company's share at a lower price than market price.

Why is ‘Trade Test’ conducted in the process of selection?

Which function of management fills the jobs created by organising function?

'Goods are not bought but they have to be sold.' Identify the marketing philosophy highlighted here.

Mr Sandhu worked as a manager in a company manufacturing stationery items for 10 years. Later he thought of starting his own business as he acquired the skills and expertise in past years. He started his own venture. He divided the organisation into six major departmentsProduction, Purchase, Marketing, Legal, Human resource and Finance. After a month, he called upon the meeting of all the departmental heads in his office and told the production marketing and finance department managers to be very vigilant as their departments are critical to the success of the business. Shortcomings in Purchase, Personnel or Legal department would not affect much the success of business. Therefore, Mr Sandhu determined deviation tolerance limits for the critical departments.1. Identify the two functions of management referred above.2. Describe the relevant concept of the identified functions.

Explain, in brief, the term ‘leadership’ as an element of directing.