Consumer Protection — Business Studies STD 12 Commerce — Question

Name the organisation which has the benefit of ‘Easy to Fix Responsibility’.

What is meant by compensation in staffing?

What do you understand by the universality of principle of management?

Write two features of personal selling.

What is meant by Recruitment?

Rabindar is the Plant Superintendent in J.K. Paper Mills. He gives orders to his subordinates and expects them to obey and never to be contradicted. He gives rewards and imposes penalties as and when required.

1. What kind of leadership style is followed by Rabindar?
2. Under what circumstances this style should be followed?

'In an organisation employees are happy and satisfied, there is no chaos and the effect of management is noticeable.' Which characteristic of management is highlighted by this statement?

Reshu's father has gifted her shares of a large cement company, with which he had been working. The securities were in physical form. She already has a bank account and does not possess any other forms of securities.She wished to sell the shares and approached a registered broker for the purpose. Mention one mandatory detail which she will have to provide with the broker.

The management of ABC Ltd. set up the target of selling 10,000 units per week and made all their plans based on this target. But due to change in technology adapted by competitors which reduced their cost, the ABC Ltd. could not achieve their target.(i) Identify the limitation of planning discussed in the above para.(ii) State any other two limitations.