Business Environment — Business Studies STD 12 Commerce — Question

Food, clothing and shelter are the examples of which type of needs?

Which feature of planning is stressed by saying that planning is an intellectual activity of thinking rather than doing?

As a part of economic reforms, the Government of India announced New Economic Policy in __________.

What is Product Mix?

Enumerate any two objectives of organising.

Alliance Ltd. is engaged in manufacturing plastic buckets. The objective of the company is to manufacture 100 buckets a day. To achieve this, the efforts of all departments are coordinated and interlinked and authority-responsibility relationship is established among various job positions. There is clarity on who is to report to whom. Name the function of management discussed above.

It is the responsibility of the consumer to buy only standardised goods as they provide quality assurance. Give few examples of such goods.

Why is it said that ‘controlling is looking ahead’?

What does the willingness to do the certain work of a person depends on?

Which step in the planning process takes assumptions about the future as the base material upon which plans are to be drawn?