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

What is marketing function?

What are the uncontrollable factors affecting marketing decisions called? Give two examples.

Arora Ltd offers employment to widows and weaker sections of the society. Identify the objective of the organisation in the given case.

Why personal selling is known as personal form?

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

Planning is an activity which enables a manager to look ahead and anticipate changes. Mention the benefit of planning highlighted here.

On securing 95\% marks in class XII, Ram's father gifted him a gold chain. But after 2 months, Ram noticed that the gold chain was loosing the shine. He checked the mark on chain and found that it was not a proper hall mark (BIS). He lodged a complaint in the district forum, which rejected it. Not satisfied by the decision of district forum, he was very much disturbed and after 45 days, he decided to appeal further.Can Ram appeal against the decision of the district forum? Give reasons in support of your answer. Explain feature of district forum.

“Management is open to all and any person can be appointed as manager.” Why.

What is meant by Selection?

Name the type of plan which specifies the steps to carryout different activities in a chronological order.