Marketing — Business Studies STD 12 Commerce — Question

Why should a manager think twice before selecting an alternative?

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

Give any two benefits of branding to marketer.

Identify the nature of management when it is practiced as personal application of existing knowledge to achieve desired results.

Which element/ dimension of business environment involves improvements and innovations which provide new ways of producing goods and services and new methods and techniques of operating a business?

State the type of barrier mentioned in the following statements:

1. These are concerned with encoding/ decoding of messages.
2. A worried person cannot communicate properly.
3. Authority relationships and rules and regulations obstruct communication.
4. Personal factors of both sender and receiver.

“Unforeseen events and changes, rise in costs and prices, environmental changes, governmental interventions, legal regulations, all affect business plan’. In the light of the statement state any three limitations of planning function of management.

What is meant by ‘Diversification’?

List any two organisational objectives of management.