Consumer Protection — Business Studies STD 12 Commerce — Question

Out of Training and Development, which one is known as future oriented process?

Ritu wants to buy a gold ring. As an aware consumer how can she be sure about the quality of gold ring she is going to buy?

State the basis of marketing.

State any two qualities of a good leader.

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

Name the term/process under which reduction in tax rates and lifting of unnecessary control over the economy was undertaken.

The production manager of a company received the complaint that the quality of the goods was not good. After investigation, it came to light that the machines had become very old. That is why, they were unable to achieve standardised quality. The production manager developed several options by way of solution to this problem. Example, getting the machines repaired, purchasing new local machines, purchasing new imported machines, if possible taking machines on rent, etc. The CEO of the company wanted the list of options to be smaller, so that a thorough study could be made for them. In order to make the list of optional ways smaller, he decided to give up all those options which required the investment of more than ₹ 10 crores.(a) Identify the concept described in the paragraph given above.(b) What do you understand from the fact of company fixing the maximum investment limit on options?

Give any one responsibility of a consumer in addition to obtaining a cash receipt while purchasing a washing machine.

Give any two reasons why staffing is needed in an organisation.

_________ environment includes social forces like increasing number of working women.