Planning — Business Studies STD 12 Commerce — Question

Hero Ltd.'s target is to produce 20,000 shirts per month at a cost of ₹ 150 per shirt. The Production Manager could achieve this target at a cost of ₹ 170 per shirt. Do you think the Production Manager is 'efficient’? Give reason in support of your answer.

Give two examples of non-monetary incentives.

State any one importance of organising function of management.

Distinguish between formal and informal on the basis of purpose.

Name the process by which the most suitable candidate is placed to fill the vacant job position.

_________ environment includes reduction of bank interest rate on housing loans, inflation rates, etc.

Which element in communication process relates to the process of converting encoded symbols of the sender?

Define 'Education”?

It is the process of identifying and choosing the best person out of a number of prospective candidates for a job. Name it.

A cosmetic manufacturing company is spending a lot of money on advertisement to sell their products as they believe that the sale of good depends largely on the quality of advertisement. Name the marketing philosophy followed by him. State any other two marketing philosophy.