Directing — Business Studies STD 12 Commerce — Question

The objective of method study is to determine the standard time required to perform a certain job. (True/ False)

Employees know well in advance what they are expected to do and what are the standards of performance on the basis of which they will be appraised, which in turn helps them to give better performance. Which importance of controlling is highlighted here?

Consumers might be exploited by unscrupulous, exploitative and unfair trade practices. Give few examples of such practices adopted by sellers.

Name the need which is satisfied first of all.

What is dividend?

Distinguish between delegation of authority and decentralisation on the basis of ‘Purpose’.

What is meant by 'wealth maximisation'?

To determine the policies is the function of which level of management?

What do you mean by penny stock?

How does co-partnership stock option motivate employees?