Marketing — Business Studies STD 12 Commerce — Question

What is Market Orientation Concept?

What do you mean by product concept?

Palvinder, is working as a supervisor in Alpha Ltd. To achieve the target, he wants to try a new method and a different way of allocating the work. His superior did not permit him and forced him to do the work strictly as per the plan.(i) Name the limitation of planning indicated in the above para.(ii) Name the value overlook by Palvinder's superior.

What is centralisation?

How can extent of competition in market affect price determination?

Out of human resource management and staffing which one is wider?

What is meant by Marketing Management?

Bhagwati Enterprises is a company engaged in the marketing of air-conditioners of a famous brand. The company has a functional structure with four main functions—Purchase, Sales, Finance and Staffing. As the demand for the product grew, the company decided to recruit more employees. Identify the concept which will help the Human Resource Manager to find out the number and type of personel availale so that he could decide and recruit the required number of persons for each department.

Mohan, a manager, does not distribute the work amongst his subordinates, either according to capability or proportionately. Which principle of management being overlooked and why?

Vaibhav Garments Ltd/s target is to produce 10,000 shirts per month at a cost of ?150 per shirt. The production manager could achieve this target at the cost of ?160 per shirt. Do you think the production manager is effective? Give reasons for your answer.