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

A group of people believes that management is a systematic body of knowledge that explain certain general truth and is based on logical observation.Identify and explain the nature of management discussed in above case.

Vegatech Enterprises was a company manufacturing refrigerators. The company had a functional structure with four main functions - Production, Marketing, Finance and Human Resource. As the demand for the products grew, the company decided to hire more employees.
Identify the concept which will help the Human Resource Manager in identifying the types of human resources necessary for the performance of various jobs and accomplishment of organisational objectives.

Rama, who was a vegetarian, went to a bakery and bought a vanilla cake. On reaching home. She found that it had non-vegetarian content. Neither the advertisement nor the packaging of the product displayed that the product had non-vegetarian content. Will Raman be able to claim compensation? Which right is violated here?

Assigning duties, grouping tasks establishing authority and allocating resources is one of the functions of management. Name that functions.

Explain the following rights of a consumer as provided under Consumer Protection Act 1986:
Right to Choose.

Identify the need in which an employee desires growth and self-fulfilment.
OR
'It refers to the drive to become what one is capable of becoming. Identify the need.

Mohan, a manager, expects his subordinates to adapt to the new environs and working conditions without giving them time to settle down. Which principle of management is being overlooked and why?

Define globalisation.

A patient didn’t read carefully the instructions on the pack of the drug. On using it his health deteriorated further instead of improving. If you were in his place what would you do?

Differentiate between 'formal' and 'informal' organisation on the basis of 'flow of communication'.