Directing — Business Studies STD 12 Commerce — Question

List one factor affecting price determination of a product.

Which concept of marketing suggests that the organisation should earn profit through large scale production?
OR
'Prima', a domestic appliance manufacturer is a giant in its field. It could achieve this by taking advantage of huge and inexpensive labour pool. It has achieved production efficiency and thus could lower the costs. It focuses on mass production. Which marketing philosophy is 'Prima' using?

On coming to know the negative deviations, fines are imposed on erring employees. Which value is being violated here?

From the point of view of ‘Control’ which source of finance should be avoided?

Why is coordination known as the essence of management?

Distinguish between ‘Selling Concept’ and ‘Marketing Concept’ of Marketing Management Philosophies on the basis of ‘main focus’.

Mansi took her niece, Ridhima, for shopping to ‘Mega Stores’ to buy her a bag for her birthday. She was delighted when on payment of the bag she got a pencil box along with the bag free of cost.
Identify the technique of sales promotion used by the company.

Kalpana printers purchased a printing machine from Rangarajan Machines Pvt. Ltd., Bengaluru worth ₹ 50 lakhs. But after a month use, i.e., machine proved to be of very inferior quality. The purpose for which the machine was purchased was not solved and it adversely affected the quality of production. False claims were made by the company while selling about the performance of the machine. Now, Kalpana printers is planning to file a complaint for compensation against Rangarajan Machines Pvt. Ltd. Where can the complaint be filed?

Standards can be set in both quantitative as well as qualitative terms. Show through examples.

State Bank of India has its training institute at Hyderabad. This institute has one of the objective to prepare employees to face the complexities of the rapidly changing marketplace and to bring a paradigm shift in the work culture by instilling leadership qualities.
Give any two benefits SBI wants to achieve by building leadership qualities.