Financial Management — Business Studies STD 12 Commerce — Question

A businessman who wants to start a manufacturing concern approaches you to suggest him whether the following manufacturing concerns would require large or small working capital:

1. Bread.
2. Sugar.
3. Coole.
4. Furniture manufacturing against specific orders, and.
5. Motor Car.

Give your view point with reasons in each of the above cases.

Upasana Singh is the Chairman of Delhi Tutorials Pvt. Ltd. Name the managerial level at which she is working. State any four functions she will perform as Chairman in this company.

What is meant by ‘Work Study’? Briefly, explain the role of ‘Time’ and ‘Motion’ studies while setting the Standard Task.

“Management is a trinity of an art, science and profession”. In the light of this statement, explain the nature of management.

Explain Fayolís principles of "quality" and "order" with examples.

Nandrachal Networks and Technologies Ltd. is a leader in technology innovation in U.S.A. creating products and solutions for a connected world. It has a large Research and Development team which invented the first smart watch W-I, which besides showing the time would also monitor few health parameters like heart beat, blood pressure, etc. While in search of markets abroad, the company found that in India, the reform process was underway with the aim of accelerating the pace of economic growth. The company decided to take advantage of the fact that licensing requirements had been abolished. The company was also aware that there had been increased level of interaction and interdependence among the various nations of the world and India could be made a base for its international trade. It set up its office in Gujarat with a view to capture the Indian market. In a short span of time, the company emerged as a market leader. Success of the company attracted many other players to enter the market. Competition resulted in reduction in prices, thereby benefitting the customers.

1. In the above paragraph, two major concepts related to government policy have been discussed. Identify and explain those concepts.
2. Also, explain briefly any three impacts of those concepts on Indian business and industry.

Explain the various steps in the Process of Staffing function of management.

Name that element of the marketing mix which affects the revenue and profits of the firm. Explain any five factors which help indetermining that clement.

Explain any four psychological barriers to effective communication.

Nisha Sethi was working as a Human Resource Manager in a famous consultancy firm, KLI Global Services. Her job included preparing job descriptions, recruitment, developing compensation and incentive plans and facilitating employee learning. They had entered into alliances with institutes to ensure continuous learning of their employees. With the jobs becoming more and more complex, KLI Global Services invested large amount of money in making the employees learn the skills necessary to complete the jobs.
State by giving any five points, how this investment is likely to benefit the organisation?