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

Explain the concept of leadership. Give two situations in which autocratic leadership style is most effective.

State any three functions performed by non-governmental organisations for consumer protection.

“A business needs to add to its prospects in the long run.” Which organizational objectives highlighted in the statement? Mention two object under this category.

Atul joins as a Regional Sales Head in the export division of a FMCG (fast moving consumer goods) company. In a departmental meeting, he asks one of this subordinates, Manik, to take charge of the company’s new office in Dubai. He allocates the work to him and grants the necessary authority. However, within a month by seeking regular feedback on the extent of work accomplished from Manik, Atul realises that Manik is not doing the work as per his expectations. So he takes away the authority delegated to him and re delegates the work to Prakrit. Due to the time wasted in this switch over, the work at the Dubai office suffers tremendously and the company is not able to meet its desired goals.
In context of the above case :

1. Why is Manik supposed to give regular feedback about work to Atul ?
2. Can the authority granted to a subordinate be taken back and re-delegated to another person ?
3. Can Manik be held responsible for not meeting the work related expectations of Atul? Give a suitable reason in support of your answer.
4. Differentiate between authority, responsibility and accountability on the basis of origin and flow.

Distinguish between 'Motion study' and 'Time study’.

Explain how the ‘product related factors’ affect the choice of channels of distribution?

Which channel of distribution does Amul Parlours adopt? Discuss in brief.
OR
List any four methods of direct distribution.

Harish, the director of a company, is planning to manufacture stuffed toys for utilising waste materials from one of his garment factories. He decided that this manufacturing unit will be set-up in a rural area so that people of that area will have more job opportunities. For this, he selected Rehman, Anita Banerjee, Harpreet Kaur and Umesh (a differently abled but very intelligent and creative person in designing) as the heads of Sales, Accounts, Purchase and Production Departments respectively.

1. Identify and state the next three steps that Harish has to follow in the staffing process after selecting the heads of different departments.
2. Identify any two values that Harish wants to communicate by setting-up this manufacturing unit.

Why is management considered a multi-faceted concept?

Rahul Bajaj purchased a car for ₹ 18 lakh from an Automobile Company. Later on, he found defects in its engine. Suggest to him the appropriate authority, where he could file a complaint under Consumer Protection Act.