Principles of Management — Business Studies STD 12 Commerce — Question

Define ‘Formal communication’.

Describe the feature of management principle in the given statement ‘The principles of management are not rigid prescriptions, which have to be followed absolutely'.

Assigning duties, grouping tasks establishing authority and allocating resources is one of the functions of management. Name that functions.

Which communication barrier is concerned with encoding and decoding?

The management and workers have entered into an agreement that workers will do overtime to cover up losses of the company. In return the manager will increase the wages but management later refused to increase the wages.Name the principle related to above situation.

Give the meaning of ‘Placement’ as a step in the process of staffing.

'Management is the systematised body of knowledge that explains certain general truths'. Explain.

Explain in one sentence how direction is a pervasive function of management.

State any one characteristic of demonetisation.

Management of Tata Company always try to use eco-friendly methods of production, give employment opportunities to the disadvantaged sections of society and provide basic amenities like schools and creches to employees. Which objective of management is fulfilled by Tata Company?