Controlling — Business Studies STD 12 Commerce — Question

Name the marketing function which is concerned with the important decision of managing inventory.

Name any two national level stock exchanges.

What is meant by 'Business Environment'?

It is a test used for selection of employees to measure individual's potential for learning new skills. Mention its name and explain two other tests also.

Out of training and development which one is wider in scope?

Name the level of management engaged in:(i) Selection of employees(ii) Introducing new products(iii) Design a suitable advertisement: campaign to sell a new product(iv) Framing the capital structure of the company(v) Preparing performance reports of employee(vi) Hiring casual labourers.

Mention one feature of art which is applicable to management.

Volvo Ltd.'s target is to produce 10,000 shirts per month at a cost of ₹ 100 per shirt. The Production Manager achieved this target at a cost of ₹ 90 per shirt. Do you think the ‘Production Manager' is effective? Give one reason in support of your answer.

State the first step of staffing process.

List any two principles of 'Scientific Management' formulated by Taylor for managing an organisation scientifically.