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

Name the term/process under which reduction in tax rates and lifting of unnecessary control over the economy was undertaken.

Name the element which represents source of communication.

After the change in government policy, 10 is it necessary for firms to adapt the market orientation technique. Why?

It has been observed that prevailing situation in an organisation is due to the violation of principle of 'order'. What might be your observation?

Ms. Sanchana was working in a reputed educational Institute "Lotus Valley International School". She was very hardworking and efficient. So, she was given confirmation in her job by the management of her school in just six months. She was the overall Coordinator of MUN (Model United Nation) of her school. She conducted an inter school MUN which brought great laurels and popularity for her school. The management of the school awarded her with a letter of appreciation in the school assembly where she was applauded by everybody.By quoting the lines from the above para identify the needs of Ms. Sanchana which are satisfied by her organization.

Name the type of plan which is in the form of general statements and channelize energies towards a particular direction.
OR
Name the type of plan which is in the form of general statements, that guides thinking towards a particular direction and helps in solving routine problems.

What is "personal selling"?

Which Consumer Right gives the business firms freedom to set up their own consumer service and grievance cell?

There are three major decisions which an organisation has to take in respect of financial management. State these decisions.

How does organising bring clarity in working relationship?