Principles of Management — Business Studies STD 12 Commerce — Question

Malini is a well-known businesswoman in the field of publishing. She owes the success of her business to her own education in business management and her team of certified management consultants. Therefore, she decides to send both her children Darshit and Pihu abroad to acquire a degree in business management in their individual area of expertise. She feels that all over the world there is marked growth in management as a discipline, but still it is not considered to be a full-fledged profession for certain reasons.

1. Explain the reasons because of which Malini considers management as a discipline.
2. Critically examine the various reasons because of which management is not considered to be a full-fledged profession.

Define Capital Market. State the two parts of capital market.

'A vigilent eye is the only feature of a good control system'. Do you agree with this statement? Give suitable arguments.
OR
'An ideal control technique is the one that checks every bit of performance'. Comment.

Distinguish between monetary and non-monetary incentives.

How ‘first mover advantage’ is made available by the business environment? Give an example.

Explain the first three steps in the process of ‘Planning’.

“Management influences behaviour.” Explain.

Explain the working of a Demat Account.

What is meant by recruitment? How is it different from selection?

Planning is thinking rather than doing. Comment.