Nature and Significance of Management — Business Studies STD 12 Commerce — Question

Which feature of business environment is indicated when it is stated that business environment is a phenomenon that is relatively easier to understand in parts but difficult to grasp in its totality?

Enumerate any two demerits of external sources of recruitment.

Principles of management are not exact as the principles of science and they have to be modified according to a given situation. Which feature of science is not applicable in this statement?

Differentiate between 'formal' and 'informal' organisation on the basis of 'flow of communication'.

Meca Ltd. a reputed automobile manufacturer needs Rupees ten crores as additional capital to expand its business. Atul Jalan, the CEO of the company wanted to raise funds through equity. On the other hand the Finance Manager, Nimi Sahdev said that the public issue may be expensive on account of various mandatory and nonmandatory expenses. Therefore, it was decided to allot the securities to institutional investors.
Name the method through which the company decided to raise additional capital.

Mention one benefit of training to the employee.

It means some obstruction or hindrance to communication. Give its two examples.

Name the function of management, which coordinates the physical, financial and human resources and establishes productive relations for the achievement of specific goals.
OR
'Identifying and dividing the work' is the first step in the process of this function of management. Identify the function.

List any two personal objectives of management.

Why is management said to be all pervasive?