Financial Management — Business Studies STD 12 Commerce — Question

How is Taylor's perception different from Fayol's?

Planning lays down the base for other functions of management. Which feature of planning is highlighted here?

Which technique of Taylor insists in paying higher wages to efficient employees?

Arnav and Pranav are conversing that management is a full-fledged profession. Do you agree with their view point?

State one positive effect of the principle of management-namely the ‘Authority and Responsibility’.

It helps to minimise dishonest behaviour on the part of employees by keeping a close check on their activities. Mention the importance of controlling indicated here.

This principle of Taylor is an extension of principle of 'Harmony, not discord'. Name it.

Name any two main management institutes of India.

What is the purpose of enacting the Consumer Protection Act, 1986?

What is Brand Mark?