Staffing — Business Studies STD 12 Commerce — Question

What is meant by 'divisonal structure' of an organisation? State its any two advantages.

Fayol points out the danger and costs of unnecessary labour turnover in one of his 'principles'. Name and explain the principle.

Mention two reasons for increasing involvement of managers in staffing.

"Primary Market directly contributes to capital formation, whereas, secondary market does so indirectly." Do you agree?

Nikita and Salman completed their MBA and started working in a multinational company at the same level. Both of them worked hard and were happy with their employer. Salman had the habit of back-biting and wrong reporting about his colleagues to impress his boss. All the employees in the organisation knew about it. At the time of performance appraisal, the performance of Nikita was judged to be better than Salman. Even then their boss, Mohammed Sharif, decided to promote Salman stating that being a female, Nikita would not be able to handle the complications of a higher post.

1. Identify and explain the principle of management which was not followed by this, multinational company.
2. Identify the values which are being ignored quoting the lines from the above paragraph.

What is meant by product concept of marketing?

Explain in brief any three means, by which a consumer can be protected.

What information is generally placed on the package of a food product. Design a label for one of the ford product of your choice.

State any three points of importance of planning function of management.

Nature of money market can be well explained with the help of its features. State any three such features of money market.