Controlling — Business Studies STD 12 Commerce — Question

What are the people, institutions, merchants, functionaries who take part in the distribution function called?

Name the organisation which is directed by ‘Group Norms’.

Rajat a sales manager achieved his sales target one month in advance. This achievement was displayed on the notice board and a certificate for the best performance was awarded to him by the CEO of the company. Name the incentive provided to Rajat.

What do you mean by single chain communication network?

Pawan is working as a Production Manager in CFL Ltd engaged in manufacturing of CFL bulbs. There is no class-conflict between the management and workers. The working conditions are very good. The company is earning huge profits. As a policy matter, management is sharing the gains with the workers because they believe that prosperity of the company cannot exist for a long time without the prosperity of the employees.

• State the principle of management described in the above para.
• Identify any two values which the company wants to communicate to the society.

What does National Commission consist of?

Give an example of how a non-financial incentive may also involve monetary aspect.

Give the types of Incentives.

In order to survive and grow, public sector will have to be more efficient and generate their own resources for the purpose. Why is it so?

How are principles of management helpful for managers in fulfilling their social responsibility?