Nature and Significance of Management — Business Studies STD 12 Commerce — Question

How does "government protect the interests of consumers? State.

What is meant by ‘Policy' as a type of Plan?

Define ‘Training'.

Identify the markets highlighted in following statements:(i) This market directly contributes to capital market.(ii) This market deals in instrument whose maturity is upto one year.(iii) It deals in medium and long term securities.(iv) It is also known as Stock Exchange and deals in sale and purchase of previously issued securities.(v) It requires less investment as value of securities is generally low.

How does control of existing shareholders affect financing decisions?

Mention the consumer right which entitles a consumer to have complete information about the product he intends to buy.

Decentralisation diminishes the amount of direct supervision exercised by a superior over the activities of a subordinate. State the importance of decentralisation referred here.

Alpha Ltd. spent a lot of money to hire specialised people for framing their plans and collecting important facts from environment. The company cut down their cost by cancelling the employee's trip for recreation.(i) Name the limitation of planning mentioned in above para.(ii) Name the value overlook by management.

What type of organisation structure is suitable for multi-product firm?
OR
Which organisation structure facilitates better growth and expansion?

State the objective of financial management.