Staffing — Business Studies STD 12 Commerce — Question

Why is the understanding of ‘Marketing Management Philosophies’ important?

Planning eliminates changes/ uncertainties? Do you agree? Give reason in support of your answer.

Wheat Land Pvt. Ltd. is a wheat producing company. Daily 5,000 bags of wheat weighing 10kg each are produced here. In comparison to the previous year, this year less number of bags have been produced on a per day basis. The number is around 4,500 which is less than the target of 5,000 set by the company. The company however has been able to reduce the costs involved in comparison to last year's spending on the production and packaging of each bag. The quality of bags has also been up to the mark.
Identify the concept of management ignored here.

Write any one effect of economic environment on business.

Ahmed wants to buy an iron.
As an aware customer how can he be sure about the quality of iron?

Which test helps in knowing the person's emotions, maturity or ethics?

Following which principle of management, will minimise need of using penalties, but if not followed, will result in loss of coordination.

Labelling helps in grading of products. Support it with an example.

State Commission redresses the grievances of what amount?

What is meant by ‘Decoding’ as an element of communication?