Planning — Business Studies STD 12 Commerce — Question

Which technique of Taylor differentiates between an efficient and inefficient worker?

In controlling process, standards were set according to the efficiency of the average employee. Which value has been kept in mind while setting the standards?

According to Fayol, one principle refers to the right to give orders and obtain obedience whereas other refers to the corollary of authority. Mention their names.

Rita wants to buy a packet of juice.
As an aware customer how can she be sure about the quality of juice she plans to buy?

In one of the principles of scientific management, Taylor emphasises that there should be equal division of work and responsibility between workers and management and management should work almost side by side with workers helping them. Identify the principle.

How does growth opportunity of a company affects its dividend decision?

Polycons Ltd. is a firm manufacturing paper bags in Odisha. It has employed female workers in the company and manufactures paper bags from recycle paper and thereafter sells them to various firms at economic rates.Since last 1 month, its customers (firms) are reporting of complaints received from the users that these paper bags are unable to manage heavy weight and get torn easily.1. Which function of management has been ignored above? 2. Discuss the steps to be undertaken in respect of the ignored function to pacify the situation.

Ritu wants to buy a gold ring. As an aware consumer how can she be sure about the quality of gold ring she is going to buy?

Organising helps in optimum utilisation of resources. Which type of resources does it refer?

Mention one difference between advertising and personal selling.