Staffing — Business Studies STD 12 Commerce — Question

Name the groups of public with whom business unit establishes relations.

Which factor of production is Directing related to?Human factor.

Give the meaning of ‘responsibility’ as an element of delegation.

State the levels of packaging.

State the main aspects in the concept of planning.

Explain in brief the concept of Personal Selling.

Define Job Rotation.

Mr. Anil has been appointed by Suntech Ltd. to ensure that the performance of employees is going as per the plans made. In the report which he submitted to the management, he mentioned that carriage charges had risen by 8% however labour absenteeism had increased from the previous year from 5% to 15%. He felt that this increase in absenteeism required immediate action of management on priority basis.

1. Identify the step of one of the management functions referred above.
2. Identify the principle due to which increase in absenteeism required immediate action of management.

How does management help in increasing efficiency?

How can the happening of ‘Overlapping and wasteful activities’ be reduced?