Directing — Business Studies STD 12 Commerce — Question

Enumerate any three functions of middle level management.

'The Stock Exchange performs many vital functions in today's commercial world'. Explain any three such functions.

Do you think planning can work in a changing environment?

Which channel of distribution does Amul Parlours adopt? Discuss in brief.
OR
List any four methods of direct distribution.

Suresh works in a bulb manufacturing company. Each bulb which is manufactured is of standard size and quality. Further, if there is any unrequired type of bulb manufactured then its production is stopped. Last month when the company came to know that 10 watt bulbs were no more liked by customers, their production was stopped. He works in the purchase department. His job is to purchase the filaments required to make bulbs. This time when he purchases the filament he gets the instruction from the seller that some special care needs to be taken in the first hour of fixing the filaments inside the bulb. Suresh knows this information should be given immediately to the production department before the assembling process starts. However he finds that his company's policies only allow him to give the message to his immediate boss who will further pass this message to his boss. The passing of this message will continue till it reaches the desired person in the production department.

1. Which technique of management is followed here?
2. Also, state the principle of management followed here by the company.

Write a short note on directing.

'Leadership is an essential element of directing'.Do you agree? Give three reasons in support of your answer.
OR
'Leadership is considered the most important element of directing'. In the light of this statement, explain any three points of importance of leadership.

Does study of business environment help in maintaining image in market?

‘Demand for reservation in jobs for minorities’ refers to an example of key component of general environment of business. Name and explain the component.

State two impacts of legal environment on business.