Staffing — Business Studies STD 12 Commerce — Question

Which technique of scientific management is an extension of the principle of division of work and specialisation to the shop floor?

Define grapevine.
OR
Why is informal communication referred to as grapevine?

Name the function of marketing which is concerned with the cost and location of target market.

Mr. Anil has been appointed by Suntech Ltd. to ensure that the performance of employees is going as per the plans made. In the report which he submitted to the management, he mentioned that carriage charges had risen by 8% however labour absenteeism had increased from the previous year from 5% to 15%. He felt that this increase in absenteeism required immediate action of management on priority basis.

1. Identify the step of one of the management functions referred above.
2. Identify the principle due to which increase in absenteeism required immediate action of management.

Which environment prohibits the advertisement of alcoholic beverages?

How supervision is helpful in maintaining discipline?

Anmol and Ankur both did their MBA from a top B-school in India. They both joined different MNCs at managerial positions. Anmol discusses all proposals with his subordinates, listens to their suggestions and then takes the decisions. Whereas Ankur orders his subordinates and expects them to follow them. Both are committed and are able to achieve their targets though their way of functioning is different. State the nature of management highlighted above.

What does a high Debt Service Coverage Ratio indicate?

Taylor believed that there was only one best method to maximise efficiency. This method can be developed through study and analysis. Which principle is indicated by Taylor?

What would be the effect of no delegation of work?