Business Environment — Business Studies STD 12 Commerce — Question

Race Tech Ltd. is one of the top IT companies in India. The company does mass recruitment each year from different colleges offering fresher level job to the final year students. This helps in recruiting the brightest and the best available talent in the educational institutions.
In context of the above case :

1. Identify the source of external recruitment adopted by the company.
2. Explain briefly any three advantages of using the external sources of recruitment.

Distinguish between the concepts ‘product’ and ‘production’ in Marketing keeping following as the base:

1. Focus.
2. Means.
3. Ends.

How is control related with planning?

“A business needs to add to its prospects in the long run.” Which organizational objectives highlighted in the statement? Mention two object under this category.

“Training is imparted even when it is not intended”. Comment.

What is meant by supervision?

What factors determine inventory levels in an organisation?

What do you mean by ‘Noise'? How does it interfere in communication process?

State any three advantages of informal organisation.

State any six responsibilities of a consumer which should be kept in mind while purchasing the goods.