Organising — Business Studies STD 12 Commerce — Question

Goodwill Enterprises is a large-scale automobile manufacturer, who fulfills the needs of both industrial users and consumers. The company is providing easy finance facilities at a low rate of interest, which has considerably increased the demand for the product. The company has installed a new branch management software to efficiently manage and coordinate activities across their multiple branches and locations.
Identify the components of the business environment from the above case study.

In order to enter into a profession, one has to acquire an educational degree by clearing a specified examination conducted by registered institutes. Which feature of the profession is being revealed?

Financial management helps in:

For the following, choose the right answer.Controlling function of an organisation is:

The characteristics of coordination are:

Management by exception and critical point control techniques of controlling

Identify the features of management as a profession.

Payment of salary/wage to the employees according to the piece work

The internal sources of recruitment are:

Statement I: Marketing planning covers various important aspects including the plan for increasing the level of production, promotion of the products, etc., and specifies the action programmes to achieve these objectives.
Statement II: Standardisation is the process of classification of products into different groups, on the basis of some of its important characteristics such as quality, size, etc.