Marketing — Business Studies STD 12 Commerce — Question

Trainee is put under the guidance of a master worker to acquire a higher level of skill. For example to become plumber, electrician, etc. Which method of training is referred here?

Every manager from top executive to superior performs the function of directing. Which characteristic of directing is referred here?

Explain in one sentence how direction initiates action in management.

Define 'liberalisation' as a process of economic reforms in one sentence.

Which consumer right gives the business firm freedom to set up their own consumer services and grievance cell.

Growing company should adopt which policy; centralised or decentralised.

Give any one advantage of external sources of recruitment.

What is a formal, in-depth conversation conducted to evaluate the applicant's suitability for job called?

Customers have become more demanding due to changes in government policy. Why?

One category of formal organisation structure includes Functional structure. Mention the other one.