Organising — Business Studies STD 12 Commerce — Question

What is the relationship between inflation and working capital requirement?

While purchasing, a consumer should keep in mind his responsibilities. Mention one such responsibility.

What is the supervision.

Which principle of management focuses on specialisation?

Name the technique of Taylor which is the strongest motivator for workers to reach standard performance.

What is meant by ‘Principles of Management'?

What is meant by directing?

Mr. Rajiv the senior manager of Unique enterprise considered himself very wise and used to take all the decisions himself without consulting the employees, he never used to help any one nor he used to take help of anyone. The employees of unique enterprise were not working efficiently and company's profit margin started declining to tackle the problem, the company appointed a new manager from IIM Bangalore. The new manager after joining made a policy that all the decisions will be taken after consulting employees in the meeting. All employees must give some suggestions and best suggestions will be rewarded with financial and nonfinancial incentives. This policy had a very positive effects on company.State and explain the principle of Henry Fayol used by new manager.

What are two major activities of Bureau of Indian Standard Act?

Give the constitution of the District Consumer Disputes Redressal Forum under the Consumer Protection Act, 1986.