Principles of Management — Business Studies STD 12 Commerce — Question

Which two steps in the process of controlling are concerned with compelling events to confirm to plan?

Decentralisation diminishes the amount of direct supervision exercised by a superior over the activities of a subordinate. State the importance of decentralisation referred here.

State three techniques of sales promotion.

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

What is meant by supervision?

Which function of management is known as "Management in action"?

What do you understand by floatation cost?

Name the type of organisation in which (a) Friendly relationship exists among members(b) Official relationship exists among the members.

In a company there are four departments for finance, marketing production and human resource development. Identify the principle of management used in this company.