Marketing — Business Studies STD 12 Commerce — Question

Write a short note on the types of deviations. Is positive deviation also important?

What is meant by Work Study?

“No Smoking in the Factory” is a rule. Comment on it.

Which principle of Taylor suggests that the job performed should be based on scientific inquiry and not on intuition? Name and explain the principle in brief.

Harish, the director of a company, is planning to manufacture stuffed toys for utilising waste materials from one of his garment factories. He decided that this manufacturing unit will be set-up in a rural area so that people of that area will have more job opportunities. For this, he selected Rehman, Anita Banerjee, Harpreet Kaur and Umesh (a differently abled but very intelligent and creative person in designing) as the heads of Sales, Accounts, Purchase and Production Departments respectively.

1. Identify and state the next three steps that Harish has to follow in the staffing process after selecting the heads of different departments.
2. Identify any two values that Harish wants to communicate by setting-up this manufacturing unit.

How 'Capital market conditions' are important in the capital structure decision?

Define management.

In one of the principles of scientific management, Taylor emphasises that there should be equal division of work and responsibility between workers and management and management should work almost side by side with workers helping them:(i) Identify the principle.(ii) State any other two scientific principles.

Explain any three points of importance of planning.

What is meant by ‘Informal Organisation’? State its any two advantages.