Marketing — Business Studies STD 12 Commerce — Question

Name the method of training in which the trainees learn on the equipments they will be using.

Give the name of environment that provides the framework, within which the business has to function?

It is the process of increasing the knowledge and skills of an employee for doing a particular job.
Which process is referred to here?
OR
What helps the employees in improving their job knowledge and efficiency?

What are barriers of communication?

What do you understand by the ‘Flexibility’ of principle of management?

Gemini Circus is organising shows internationally for the last thirty years. Their shows have been successful across the globe. Of late, their shows are not as popular as they were in past. After analysing they are thinking of bringing necessary changes in their shows to gain popularity and get their past image of No. 1 back.(i) Identify which two characteristics of management is reflected in above situation.(ii) Which two functions of management are indicated here?

Laxmi Chemicals Ltd., a soap manufacturing company, wanted to increase its market share from 30% to 55% in the long-run. A recent report submitted by the Research & Development Department of the company had predicted a growing trend of herbal and organic products. On the basis of this report, the company decided to diversify into new variety of soaps with natural ingredients having benefits and fragrances of Jasmine, Rose, Lavender, Mogra, Lemon Grass, Green Apple, Strawberry etc. The Unique Selling Proposition (USP) was to promote eco-friendly living in the contemporary life style. The company decided to allocate t 30 crores to achieve the objective.
Identify the type of one of the functions of management mentioned above which will help the company to acquire dominant position in the market.

How does motivation reduce employee turnover?

Who provides protection and guidelines to the investors?

Distinguish between marketing and selling on the basis of objective.