Controlling — Business Studies STD 12 Commerce — Question

Business Environment includes both 'specific and general forces'. List any four general forces.

Which function of management ensures that actual activities conform to planned activities?

For which business enterprises is functional structure suitable?

Himanshu purchased a new car from 'Galaxy Motors' for 25 lakhs. He was offered free insurance for the first year and three free servicing to be availed after the car had covered 5,000 km, 10,000 km and 15,000 km respectively. When Himanshu took the car for the first free servicing, he was told that the car was not new and first service had already been availed on this car. He felt cheated and filed a complaint in the State Commission. Being not satisfied with the decision of the State Commission, after two months he decided to file an appeal against it.
Can Himanshu appeal against the decision of the State Commission? Give reason in support of your answer.

Give two important aspects of management.

Name that portion of current assets which is financed by fixed liabilities.

Explain two causes of deviations and corrective action to be taken for them.

What is floatation cost?

It helps the manager to look into future and make a choice amongst various alternative beris courses of action. Enumerate the importance of planning indicated here.

Mr. Rajiv the senior manager of Unique enterprise considered himself very wise and used to take all the decisions himself without consulting the employees, he never used to help any one nor he used to take help of anyone. The employees of unique enterprise were not working efficiently and company's profit margin started declining to tackle the problem, the company appointed a new manager from IIM Bangalore. The new manager after joining made a policy that all the decisions will be taken after consulting employees in the meeting. All employees must give some suggestions and best suggestions will be rewarded with financial and nonfinancial incentives. This policy had a very positive effects on company.State and explain the principle of Henry Fayol used by new manager.