Planning — Business Studies STD 12 Commerce — Question

What are standing plans?

What is meant by ‘selecting an alternative’ as a step in the planning process?

‘Management is the process of getting things done.' State the meaning of the term 'process' used in this statement.

Amrit filed a case against ‘Volvo Ltd.’ in the ‘State Commission’. But he was not satisfied with the orders of the ‘State Commission’. Name the authority to which he can appeal against the decisions of ‘State Commission’,

Telco Ltd. manufactures files and folders from old clothes to discourage the use of plastic files and folders. For this, they employ people from nearby villages where very less job opportunities are available. An employee, Harish, designed a plan for cost reduction but it was not welcomed by the production manager. Another employee gave some suggestions for improvements in design, but it also was not appreciated by the production manager.

1. State the principle of management that is violated in the above paragraph.
2. Identify any two values that the company wants to communicate to the society.

“Management helps in development of society". How?

State one limitation of sales promotion.

Why is it said that 'the supervisor is a link between management and the operative employee's?

Which step in the planning process takes assumptions about the future as the base material upon which plans are to be drawn?

A leading leather manufacturing company is using banned animal skin to make huge profit. Name the marketing concept which is ignored here.