Principles of Management — Business Studies STD 12 Commerce — Question

“Direction is the least important function of management”. Do you agree with this statement? Give any two reasons in support of your answer.

‘Science is a systematized body of knowledge that explains certain general truths or the operation of general laws.’ In the light of this statement, describe management a science.

Explain the importance of 'Financial Planning'.

How much working capital will be required for the manufacturing of the following products.

1. Bread.
2. Furniture on orders.
3. Automobiles.
4. Sugar.

After completing his MBA degree, Aman joined a multinational company Zeyovya Ltd. His job demands long hours and commitment to the organisation. He is responsible for integrating diverse elements and coordinating all the activities of the business and for its impact on society. His job is complex and stressful.
a. Identify the level of management at which Aman joined the organisation.
b. State any two functions to be performed by Aman at this level other than those discussed in the para.

List any three Consumer Organisations/ NGOs in India.

Describe, in brief, any four functions of middle level management in an organisation.

Even after opening up of our economy in 1991, foreign companies found it extremely difficult to cut through bureaucracy and red tapism.' Identify the element of business environment and explain it with the help of an example.

What do you understand by the term 'trading on equity'?
OR
Though Angel Pharma is Eaking huge Proflts every year on a regular basis, it is not able to provide sufftcient dividend to its shareholders. As a result, EPS remains ldentify and explain the concept that can help to resolve the problem.

Briefly, explain any three barriers to effective communication.