Principles of Management — Business Studies STD 12 Commerce — Question

How can one product be distinguished from another?

Suhani works as a designer in an export house. As per the terms of an order received by the export house, she has to get 1,000 units of denim jackets made in 15 days @ ₹ 2,000 per jacket. She is able to complete her target production in 20 days because in order to complete the order in 15 days she would have made the workers work over time. As a result, the cost of production per jacket may have increased by ₹ 100.
Is Suhani efficient in her work? Explain by giving a suitable reason in support of your answer.

It is the process whereby an executive develops an orderly pattern of group efforts among his subordinates and secures unity of action in the pursuit of common purpose. Which process is referred to here?

Standards can be set in both quantitative as well as qualitative terms. Show through examples.

What is meant by ‘Fatigue Study’?

Name the concept which increases the return on equity shares with a change in the capital structure of a company.

What type of communication is represented through free flow communication network?

‘Management is the process of getting things done.' State the meaning of the term 'process' used in this statement.

'Sometimes planning fails in spite of the best efforts of management.' Do you agree? Give any five reasons in support of your answer

Give any two major elements of social environment.