Principles of Management — Business Studies STD 12 Commerce — Question

Accountability can be delegated by using the process of delegation.

Controlling is a task of supervisory level.

Workers should be given only responsibility.

'Increase in sale by 10%' is an example of a Policy. (True/ False)

Controlling always involves taking corrective action in response to deviation. (True/ False)

In case the time required to respond to the additional demand for the products is high there is need to maintain higher level of inventories.(True/False)

Financial market provides liquidity to financial assets. (True/ False)

If a company follows labour intensive technique in production, they will go for less requirement of fixed capital.

Firms having stable earnings prefer to give less dividend.

NGOs does not take initiative in filing cases in consumer courts in the interest of general public.(True/False)