Principles of Management — Business Studies STD 12 Commerce — Question

Give the name of the barrier mentioned through the following statements:

1. These are concerned with problems and obstructions in the process of encoding and decoding of message into words or impressions.
2. A worried person cannot communicate properly and an angry receiver cannot understand the real meaning of message.
3. Factors relating to organisation structure, authority relationships, rules and regulations may act as barriers.
4. Personal factors of both sender and receiver may exert influence on effective communication.

Explain in brief ‘Management as an activity’.

State one advantage of formal organisation.

Enumerate any two qualities of a good Salesman.

Name the financial decision which will help the businessman in opening a new branch of its business.

Explain the two principles a manager must consider while dealing with deviation effectively?

Shruti has established a small scale factory after completing a course in textile designing. She has tied up with the big home furnishing retail outlets in the city for supplying to them good quality designer home furnishing products like bed covers, cushions etc. She believes that controlling without planning is blind. So, every time she gets an order, she sets the standards in terms of the number of personnel required, the estimated requirements in man-hours per product, the requirements of direct materials for the projected production and the amount of normal overhead expenses required at the projected workload. She also keeps a close watch on the activities so as to ensure that they conform to plans. Whenever the order size is too large, she hires extra workers by placing a notice on the notice-board of the factory specifying the details of the jobs available. Identify the function of management being performed by Shruti.

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

How informal organisation is created?

Palvinder, is working as a supervisor in Alpha Ltd. To achieve the target, he wants to try a new method and a different way of allocating the work. His superior did not permit him and forced him to do the work strictly as per the plan.(i) Name the limitation of planning indicated in the above para.(ii) Name the value overlook by Palvinder's superior.