Financial Management — Business Studies STD 12 Commerce — Question

Ajay was appointed as a marketing head of Alfa Enterprise manufactures of toothpaste and tooth brushes. His target sale was zero units a month. Apart from thinking about various channels of distribution to achieve the target, he himself started visiting schools in backward areas. He found that even after taking various steps and counselling some school children had not started brushing their teeth. He investigated and found that they could not afford to buy toothbrush and toothpaste. So with due permission the started donating 200 toothbrush and toothpaste to schools.Identify the channels of distribution Ajay would adapt for distribution of toothbrush and toothpaste, justify by giving reasons.

State one positive effect of the principle of management-namely the ‘Remuneration to employees’.

Name the activity which increases the importance of the role of subordinates.

Identify the decision taken in financial management which affects the liquidity as well as the profitability of business.

Tanya purchased some household goods from a 'General Store'. On reaching home, she found that one face cream, ( ₹ 250) had not been billed. She became happy that, she got it without paying for. After checking the expiry date and other details, she started using it. Her face burnt due to the use of cream.Where should Tanya file the complaint for the cream? Justify.

Kiran Industries is a company manufacturing office furniture. The company chose to diversify its operations to improve its growth potential and increase market share. As the project was important many alternatives were generated for the purpose and were thoroughly discussed amongst the members of the organisation. After evaluating the various alternatives Sukhvinder, the Managing Director of the company decided that they should add ‘Home Interiors and Furnishings’ as a new line of business activity.
State any two limitations of this framework.

Name the type of plan which provides the prescribed ways in which a task has to be performed considering the objective.

Which system enables a manager to verify whether the standards set are accurate and objective?

Mahima Jain is the Senior Manager in the Advisory Services Department of Kodes Ltd. She regularly prepares performance reports of her subordinates as a part of the appraisal.
Identify the step of the controlling process performed by her.

It aims at eliminating unnecessary diversity of products. Name this technique of scientific management.