Controlling — Business Studies STD 12 Commerce — Question

State how the management principles are flexible.

Give any two impacts of demonetisation.

'The principles of management are different from those of pure sciences'. State any one difference.

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. Identify the principle.

Karan and Arjun are first cousins. After completing a course in journalism, both of them join a leading newspaper company as sub-editors. Over the years, due to their consistent hardwork, they are promoted to the post of chief editors in different divisions. However, the way of their functioning is totally different. Karan believes in the capabilities of his subordinates and therefore follows the philosophy of selective dispersal of authority throughout all the levels in his division. On the other hand, Arjun prefers to function through strict controls and retains all the decision-making authority with himself.
In the context of the above case :
How do Karan and Arjun differ in their policies related to the extent of delegation of authority? Explain.

Give an example, how does labelling provide information required by law.

State one advantage of branding to marketers.

Business environment keeps on changing whether in terms of technological improvement, shifts in consumer preferences, etc. Which feature of business environment is highlighted here?

Name and explain the concept which relate to the following:
Searching for prospective candidates.

Name the step in the process of control which will come after 'establishment of standards' and 'measurement of performance'.