Nature and Significance of Management — Business Studies STD 12 Commerce — Question

What is meant by scientific management?

As a technique of scientific management what is the meaning of ‘Simplification’?

What is meant by controlling?

It implies the measurement of accomplishment against the standard and the correction deviations to assure attainment of objectives according to plans. Mention the concept implied here.

Name the function of marketing which is concerned with the cost and location of target market.

Why is it said that 'the supervisor is a link between management and the operative employee's?

List five shopping products purchased by you or your family during the last few months.

Sharda Ltd. is pursuing diversified activities which require a high degree of specialisation. Identify the type of structure that should be followed by Sharda Ltd.

Principles of Taylor and Fayol are mutually complementary. One believed that the management should share the gain with the workers while the other suggested that employees compensation should depend upon the earning capacity of the company and should give them a reasonable standard of living. Identify and explain the principles of management by Tayol and Fayol referred to in para?

Give the constitution of the District Consumer Disputes Redressal Forum under the Consumer Protection Act, 1986.