Controlling — Business Studies STD 12 Commerce — Question

A manufacturer of food products uses bad quality material for packing the product resulting in spoiling goods in reaching the consumers.
Which value is being ignored here?

Nature of money market can be well explained with the help of its features. State any three such features of money market.

Explain how controlling helps in:

1. Accomplishing organisational goals; and
2. Judging accuracy of standards.

Useless and redundant activities are minimised or eliminated, when managers adopt planning. Comment.

Illustrate the principle of 'stability of tenure' through a suitable example.

Define Training. How is it different from education?

Nikita and Salman completed their MBA and started working in a multinational company at the same level. Both of them worked hard and were happy with their employer. Salman had the habit of back-biting and wrong reporting about his colleagues to impress his boss. All the employees in the organisation knew about it. At the time of performance appraisal, the performance of Nikita was judged to be better than Salman. Even then their boss, Mohammed Sharif, decided to promote Salman stating that being a female, Nikita would not be able to handle the complications of a higher post.

1. Identify and explain the principle of management which was not followed by this, multinational company.
2. Identify the values which are being ignored quoting the lines from the above paragraph.

Explain the following features of planning:
Planning involves decision making.

Explain the following Rights of Consumers:

1. Right to Consumer Education.
2. Right to Choose.

At which level of management is directing done?