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

Vanshika uses ‘Kuber Cabs’ for travelling in the city. She received a text message ‘‘Add ₹ 222 on Kaytm and get 20% cash back on having minimum ten trips till 15th April, 2017’’.
Identify the technique of sales promotion used by the company.

Levis jeans hires workers for stitching in their factory. Target of stitching 100 jeans per week is given to the workers. Rate per piece is fixed at ₹ 50. But to motivate the workers, it announced that workers, stitching more than 100 jeans per week will get the rate of ₹ 55 per piece on all the jeans which they had stitched and deposited with the line managers. Parvej had a fast speed in comparision to others. By giving one hour extra, he stitched 120 pieces of jeans. So, he got 120 jeans @ ₹ 55 per piece, i.e., ₹ 6,600 in that particular week whereas his colleague Mushtaq stitched only 90 pieces and he got 90 pieces @ ₹ 50, i.e., ₹ 4,500 only.
Name the technique of management which is applied here to motivate the workers.

How does stock market condition affect financing decision?

Physical distribution as a function of marketing involves two major decision areas. List these decision areas.

Which two steps in the process of control are concerned with compelling events to conform to the plan?

Business environment includes both ‘specific and general forces.’ List any four specific forces.

Simone, a budding entrepreneur wishes to operate a business of Flowers. Since they are perishable in nature, she plans to open a flower shop so that she can directly sell them to the customers. Being a small venture, the number of consumers is also less. So she decides that the direct channel of distribution is better. Her friend, Ankit is a manufacturer of gift items. He is confused regarding the level of channel he should follow. Can you guide him regarding the problem? Give points for support of yours answer.

What is important while analysing deviations in controlling?

Name the source of recruitment in which newspapers, employment news, television, etc. are used.

‘Our assets walk out of the door each evening. We have to make sure that they come back the next morning’. This statement is related to which function of management?