Business Environment — Business Studies STD 12 Commerce — Question

Name the process of working with and through others to effectively achieve organisational objectives by efficiently using its limited resources in the changing environment.

At which level of management the managers are responsible for the welfare and survival of the organisation?

Managerial activities are performed in all types of organisations in all departments Sre and at all levels. Which management character is highlighted here?

Who was the first to identify functions and principles of management?

Name the principle of management which resembles military organisation.

What is meant by “Standards in the process of controlling?

Semul and Sons formulated a promotion plan for their product to face the increasing competition in the market. Which type of plan is it?

Controlling is forward looking? How can this be ensured?

Which principle of Fayol leads to specialisation?

It is the process of identifying and choosing the best person out of a number of prospective candidates for a job. Name it.