Organising — Business Studies STD 12 Commerce — Question

Explain "Increasing competition" and "More demanding customers" as impact of Government policy changes on Business and Industry.

XYZ Power Ltd set up a factory for manufacturing solar lanterns in a remote village as there was no reliable supply of electricity in rural areas. The revenue earned by the company was sufficient to cover the costs and the risks. The demand of lanterns was increasing day-by-day, so the company decided to increase production to generate higher sales. For this, they decided to employ people from the nearby villages as very few job opportunities were available in that area. The company also decided to open schools and creches for the children of its employees.
(i) Identify and explain the objectives of management discussed above.
(ii) State any two values which the company wanted to communicate to the society.

A shopkeeper sold you some spices, claiming that those were pure. Later, a laboratory test showed that those were adulterated. What precautions you should have taken before buying the products?

Raj and Simran are both qualified eye surgeons and good friends. After obtaining a certificate of practice, they decide to persue a career of their own choice. Raj starts an eye care centre in the city whereas Simran joins a government hospital in a small village. They meet after a long time in a party. Raj invites Simran to visit his eye care centre and she accepts his invitation. She observes at his clinic that there is a fixed place for everything and everyone and it is present there so that there is no hinderance in the activities pf the clinic. Also, Raj always tends to replace T with ‘We’ in all his conversations with the staff members. Later on Raj shares with her that he always deals with lazy staff sternly to send the message that everyone is equal in his eyes.
In context of the above case :

1. Identify and explain the various principles of management that Raj is applying for the successful management of his eye care centre.
2. List any two values that Simran wants to communicate to the society by taking up a job in a village.

State with reasons your choice of a media of advertising for selling of toys.

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

Differentiate between on-the-job training and off-the-job training.

What is meant by staffing? How staffing is a line as well as staff function?

Why is training important for the employees? State any three reasons.

"Stock market imparts liquidity to investment". Comment.