Business Environment — Business Studies STD 12 Commerce — Question

Who is regarded as the father of scientific management?

Name the need in which employee desires affection, companionship and friendliness.

List any two impacts of Government policy changes on business and industry.

Money is the only motivator. (True/ False)

What is formal organisation?

List any two personal objectives of management.

What is the objective of selection tests?

Distinguish between the concepts ‘product and production in Marketing keeping following as the base:

1. Focus.
2. Means.
3. Ends.

'Bharat Express' specialises in Courier Services. Its 'wide range of express package and parcel services' help business firms to make sure that the goods are made available to the customers at the right place and at the right time.
State, with reason, whether the working capital requirements of 'Bharat Express' will be high or low.

It is necessary that goods and services must be made available to the customers at the right place, in the right quantity and at right time.(a) Name and explain the concerned element of Marketing Mix given above.(b) Explain the components of this element.