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

Name the type of plan which is time bound and linked with measurable outcome.

Under which source of recruitment do employees get motivated?

It is concerned with instructing, guiding and inspiring people in the organisation to achieve its objectives. Name it.

How supervision is helpful in maintaining discipline?

If Taylor's principles and techniques are focussed on workers' efficiency, then Fayol's principles are focussed on which criteria?

Identify the decision taken in financial management which affects the liquidity as well as the profitability of business.

State any two semantic barriers of communication.

Your father wants you to do M.B.A. before joining family business. What does this show about the nature of management?

Identify the type of suitable organization structure for a large scale organization having diversified activities requiring high degree of specialization in operations.

Customers have become more demanding due to changes in government policy. Why?