Marketing — Business Studies STD 12 Commerce — Question

How does ‘Inflation’ affect the working capital requirements of a company? State.

Give the meaning of ‘orientation’ as a step in the process of staffing.

Is expense on training a waste?

Alliance Ltd. is engaged in manufacturing plastic buckets. The objective of the company is to manufacture 100 buckets a day. To achieve this, the efforts of all departments are coordinated and interlinked and authority-responsibility relationship is established among various job positions. There is clarity on who is to report to whom. Name the function of management discussed above.

Explain, how management helps in the development of society.

In the paint industry, various raw materials are mixed in different proportions with petroleum for manufacturing different kinds of paints. One specific raw material is not readily and regularly available to the paint manufacturing companies. Bonler Paints Company is also facing this problem and because of this there is a time lag between placing the order and the actual receipt of the material. But, once it receives the raw materials, it takes less time in converting it into finished goods.
Identify the factor affecting the working capital requirements of this industry.

Which significance of principles of management is referred through this statement: 'Decisions must be based on facts, thoughtful and justifiable in terms of the intended purposes'?

State any one function performed by labelling.

Which source of recruitment has the benefit of ‘wider choice’?

‘If we delegate authority, we multiply it by two; if we decentralise it, we multiply it by many’. Name the two concepts to which this statement is related.