Financial Market — Business Studies STD 12 Commerce — Question

What is meant by Work Study?

Kabir opens a retail mart in a local market. As he knows it will be impossible for him to handle all work alone, he appoints Jasraj to perform tasks on his behalf thereby reducing his workload. This decision provided Kabir with more time to concentrate on important matters. Besides, he recruits eight other persons as support staff. Over the years his business earns a good name for itself. So he opens another outlet in the city. Considering Jasraj’s competence, he gives the independent charge of running the new outlet to him, thereby empowering him by giving him autonomy in functioning of the outlet.
In the context of the above case:

1. Identify the two concepts which reflect the transition in the role of Jasraj in the above paragraph.
2. What are the factors that Karan must keep while giving the independent charge of the new outlet to Jasraj ?

State any three functions performed by consumer organizations for protection and promotion of interests of consumers.

In an organisation, the good environment, refreshment corner and entertainment rooms have been made for all employees. Which values have been considered here?

State any three responsibilities that a consumer should keep in mind while purchasing, using and consuming goods and services.

Explain any three merits of ‘packaging’.

What do you mean by ‘Campus Recruitment’?

What is meant by ‘Production Concept’ of marketing?

Briefly discuss the three levels of management.

Amit and Mikki are working in the same organisation but in different departments. One day at lunch time, Mikki informed Amit that due to computerisation, many people are going to be retrenched soon from the organisation. Name which type of communication is this. State any two limitations of this type of communication.