Principles of Management — Business Studies STD 12 Commerce — Question

Give two examples of monetary incentives.

Define job description.

Varsha Jain after completing her fashion designing course from Indian Institute of Fashion Technology planned to enter into designer clothing venture. She had to address issues like her target customers, channel of distribution to be used, pricing policy etc. Identify the type of plan that Varsha Jain needs to develop to provide direction and scope to her organization in the long run.

What is the pre-requisite of selection?

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

One day, the management instructor of BBA classes organised a "Panel Discussion" on important topics of management. The students were given the following clues for discussion. Each student was given 3 minutes for elaborating on the clues given below:Clue 1: They are inseparable twins.Clue 2: They are inter-dependent, inter-related and reinforce each other.Clue 3 : They both are forward as well as backward looking.1. Identify the functions of management written in clues above.2. Elaborate on the 3 clues.

'A manager should replace "I" with "we" in all his conversation to encourage team spirit.' Identify the principle of management emphasised here.

Appliances India Ltd. is engaged in manufacturing and distribution of home appliances since 1987. It has a good name in the market as the company is producing good quality appliances. It has separate departments for manufacturing, finance, sales, maintenance services and technical services to achieve specialization.
Since the areas of operations of the company have increased and customers have become more demanding, the company decided to modify the existing principle of management to meet the changing requirements of the environment.
State the general principle of management which the company wants to modify to meet the changing requirements.

A Manager increased the production target from 500 units to 700 units per month but the authority to draw raw material was not given by him. The employees were not able to meet the new target. Who should be held responsible for this and which principle has been violated here? Explain.

Name the process of designing and maintaining an environment in which individuals working together in groups, efficiently accomplish selected aims.