Marketing — Business Studies STD 12 Commerce — Question

It helps the manager to look into future and make a choice amongst various alternative courses of action. Enumerate the importance of planning indicated here.

Is controlling the end of management functions cycle? Give reason in support of your answer.
OR
Controlling should not be misunderstood as the last function of management. Why?

Give an example of grading of a product, with which you are familiar.

Give two factors affecting dividend decision.

_______ is the process of defining and grouping activity of an enterprise and to establish authority relationship within the hierarchy.

Planning function of management is conducted at which level of management?

State two reasons for the importance of interview in selection process.

What are barriers of communication?

Deepak Shah purchased a car for ₹19 lacs from an automobile company and found its engine defective. Despite many complaints the defect was not rectified. He filed a case in the District Forum. But he was not satisfied with the orders of the District Forum and decided to appeal. Suggest him the highest authority where he could appeal if not satisfied again by the decision of the next higher authority.

How are principles of management differ from those of pure science?