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

What information do we get through aptitude test?

Mohan, the manager of a business undertaking is very lax with his fellow employees and subordinates. He does not give them parameters or rules for reporting to work and completion of assignments.
Which principle of management is being overlooked and why? Give one violating effect.

Mention some service industries where competition for Indian firms has increased due to government policy changes.

Alpha Ltd. spent a lot of money to hire specialised people for framing their plans and collecting important facts from environment. The company cut down their cost by cancelling the employee's trip for recreation.(i) Name the limitation of planning mentioned in above para.(ii) Name the value overlook by management.

What do you mean by single chain communication network?

Following a pre-decided plan, when circumstances have changed, may not turn out to be in the organisations interest. Which limitation of planning is indicated here?

Which principle suggests that there should be one and only one boss for every individual employee?

What is meant by ‘Planning’?

How does co-partnership stock option motivate employees?

In a school principal makes sure that every instruction, order or information given by him must be passed to vice-principal then Head of the department and then to teachers and students must be informed by respective teachers only. He never allows teachers to directly communicate with him.1. State the Principle of Henry Fayol followed by the school principal.2. In case of emergency which concept of Scalar Chain can be used by teacher to pass urgent message directly to principal.