Controlling — Business Studies STD 12 Commerce — Question

Enumerate any four advantages of branding.

Explain the principle of management-remuneration of employees.

Explain various types of products.

‘Choice of an appropriate channel of distribution is very important marketing decision which affects the performance of an organisation’. Explain any two factors on which the choice of an appropriate channel depends.

'Our assets walk out of the door every evening, we have to make sure that they come back the next morning. This statement relates to which function of management. Why is it important?

Why does the principle of unity of command not hold good in an organisation using technique of functional foremanship?

What is meant by ‘Programme’ as a type of Plan?

Distinguish between 'Motion study' and 'Time study’.

State any three ‘Development functions’ of Securities and Exchange Board of India(SEBI).

Gurpreet is running a retail mart in Varanasi to provide various types of products of daily use under one roof to the buyers. The employee turnover in his business is very high and he is perpetually on a look out for new staff. The fact of the matter is that he lacks managerial skills and assigns work to his employees on adhoc basis without letting them settle down in a specific work. This approach of his creates a sense of insecurity among the employees and they tend to leave the job very quickly. However, he is a very god fearing person and offers fair wages to his employees so they can afford a reasonable standard of living.
In context of the above case :

1. Identify and explain the principle of management which Gurpreet is unable to apply and is perpetually on a look out for new staff.
2. “He is a very god fearing person and offers fair wages to his employees so they can afford a reasonable standard of living.” Name and explain the relevant principle of management will has been brought into effect by Gurpreet.