Consumer Protection — Business Studies STD 12 Commerce — Question

Business environment enables the firm to identify opportunities and getting the first mover advantage. Justify it with an example.

What is meant by ‘Effectiveness in Management’?

Which feature of planning is stressed by saying that planning is an intellectual activity of thinking rather than doing?

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 choice of technique affect the requirement of fixed capital?

Explain the following functions of marketing:
Marketing planning.

How does the 'Level of Competition' affect the working capital requirement?

Name the test which is used as a measure of individual's potential for learning new skill.

Implementing the plan is that step in planning process where other managerial functions also come into the picture. Explain with an example.

What is divisional structure?