Principles of Management — Business Studies STD 12 Commerce — Question

What do you understand by Demat Account? Explain the benefits of it.

State four examples of changes in business environment that affect business enterprises.

Eco-friendly products are gaining power as the consumers’ awareness about environmental issues has increased over the years and they are conscious about choosing products that do not have adverse effects on the environment. They are now more conscious about the carbon emission and climate change effects, and want themselves to be ‘seen’ as a green advocate among their peers. In such a scenario, it has become a challenge for the companies as they have to not only meet the needs of the consumers but also ensure that their products are safe and environment friendly. As a result, there is growing need for better and advanced technologies to works as a catalyst in this regard.

1. Identify the relevant feature of business environment being discussed above.
2. Describe briefly any three points which highlight the importance of business environment and its understanding by managers.

Discuss in brief any two merits and demerits of sales promotion.

Draw a diagram depicting a divisional structure.

What do you mean by external environment?

Which principle of management envisages that each group of activities having the same objectives must have one head and one plan? Explain the principle with a suitable example.

“Controlling is forward looking”. Explain.

A company engaged in selling spices, claims about purity in its advertisement. But in laboratories, after examination, the spices were found adulterated.
Which values are being violated here?

Explain the following rights of consumers:

1. Right to be informed;
2. Right to safety.