Principles of Management — Business Studies STD 12 Commerce — Question

What is the purpose of training?

Name the concept, which means dispersal of decision-making authority throughout all the levels of the organisation.

How the 'Stability of Earning' affects the dividend decision?

Management principles aim at influencing behaviour of human beings. State the feature of management principle mentioned here.

Give any two psychological barriers of communication.

Which is the first step in the process of organising?

"Cost of debt" is lower than the cost of "Equity share capital". Give reason why even then a company cannot work only with the debt.

‘Management is a Soft Science.’ How?

‘In order to be successful an organisation must change its goals according to the needs of the environment.’ Which characteristic of management is highlighted in the statement?

State one positive effect of the principle of management-namely the ‘Remuneration to employees’.