Directing — Business Studies STD 12 Commerce — Question

What is the purpose of enacting the Consumer Protection Act, 1986?

What is marketing management?

"The existence of informal organisation depends on the formal organisation." Comment.

Why is the understanding of 'Marketing Philosophies' important?

Assume you are the the manager of Raj Enterprises. At one of the meeting held recently, the CEO of the company announced a plan to use new technology in manufacture of components parts of the automobile.
Since the CEO had not taken either the engineers in the company or the other employees in confidence before making this announcement, it was misinterpreted. The employees believed the new technology would threaten their existence. They immediately planned a strike. no
In this case, there was distortion in communication. Suggest two points for effective communication.

To face the competition given by Apple Inc., Samsung has to regularly update its technology. How does this affect Samsung's fixed capital requirements?

Name the process which provides the requisite amount, quality, timing and sequence of efforts and ensures that planned objectives are achieved with a minimum of conflict.

Explain, in brief, the term ‘supervision’ as an element of directing.

‘They don’t sell what they can make, but they make what they can sell’. Name the marketing philosophy to which this statement is related.

What is the link between operating cycle and working capital?