Financial Market — Business Studies STD 12 Commerce — Question

Define advertising. What are its main features? Explain.

Mr. Nitin is manufacturing fruit jelly under the brand name "Fruiticious' He plans to launch fruit squashes under the same brand name. Is the decision correct? What advantages Mr. Nitin will get from this decision?

Day-by-day the cases related to consumer exploitation are increasing in number. As you are working in a newspaper agency, what actions will you take to protect the interest of customers?

Cutie Beauty Ltd. is a beauty brand famous for its organic beauty products for men and women. The company uses organic plant extract to produce its products which are non-allergic and beneficial for every type of skin. The product is made available in different packs and sizes. The label of the product contains full information about the ingredients, batch number, date of manufacture and expiry price etc. and The company has set up its customer care cell to handle all sort of queries of its customer.
List the consumer rights taken care of by the company by quoting the lines from the passage.

Nature of ‘capital-market’ can be well explained with the help of its features. State any three such features of capital-market.

What role do the time and motion studies play in setting the standard task?
OR
How do the techniques of Time Study and Motion Study help in improving workers' efficiency?

Prashant, the Director of a company, is planning to manufacture rugs for utilising waste materials from one of his garment factories. He decided that this manufacturing unit will be set-up in a rural area so that people of that area will have more job opportunities. For this, he wanted four different heads for Sales, Accounts, Purchase and Production Departments. He decided that one of them will be a differently-abled person, another from a minority community and one from a disadvantaged section of society. He gave an advertisement in the newspaper for the above vacancies.

1. Identify and state the next three steps Prashant has to follow in the staffing process after advertising for the above vacancies.
2. Identify any two values that Prashant wants to communicate by setting up this manufacturing unit.

'Planning restricts creativity.' Explain.

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

Explain how principles of management:
Help in optimum utilisation of resources and effective administration.