Planning — Business Studies STD 12 Commerce — Question

Explain the features of services.

Explain the 'Earnings Before Interest and Taxes - EBIT'.

State any three functions performed by non-governmental organisations for consumer protection.

What role do the time and motion studies play in setting the standard task?
OR
How do the techniques of Time Study and Motion Study help in improving workers' efficiency?

Explain briefly ‘Initiative’ and ‘Esprit de Corps’ as principles of general management.

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.

The employees of ‘Food Darbar,’ a restaurant, are trained through a structured programme that provides training in each area within the restaurant. The trainees learn the skills necessary for running each of the 12 workstations in the restaurant, from taking orders to the cooking area. This enables the employees to gain a broader understanding of all parts of the business and how the restaurant functions as a whole. The trainee gets fully involved in the department’s operations and also gets a chance to test her own aptitude and ability. When employees are trained by this method, the organisation finds it easier at the time of promotions, replacements or transfers.
In context of the above case :

1. Name the type of training which ‘Food Darbar’ provides to its employees.
2. Distinguish between training and development on the basis of meaning, purpose and scope.

Which principle of management suggests that employees should be treated with 'justice and kindness’? Why is this principle essential in management?

What is meant by product concept of marketing.

A company is manufacturing paper plates and bowls. It produces 100000 plates and bowls each day. Due to local festival, it got an urgent order of extra 50,000 plates bowls. Advise how the company will fulfill its order and which method of recruitment would you suggest.