Marketing — Business Studies STD 12 Commerce — Question

For the last three years, Elpis Technology Solutions p(Ltd.) is not functioning smoothly and systematically. The relations between management and employees are becoming bitter day by day. After a complete analysis, it was observed that employees are not working effectively and efficiently and management is not fulfìlling its commitment of increments and promotions,

(1) Which management principle is being ignored in the given case ?
(2) Can the problem be solved if only management becomes serious in fulfilling its promises? What should be the appropriate course of action to achieve smooth and systematic functioning of Mahagun Industries ?

Banking sector reforms have led to easier credit terms and better services. Identify, this example is associated to which component of business environment.

Which claims can be appealable before the Supreme Court under Consumer Protection Act?

Name & state the aspect of financial management that provides a link between investment and financing decisions.

Mansi, a shoe manufacturer for school students, decided to maximise her profit by producing and distributing at large scale and thereby reducing the average cost of production:(i) Identify the marketing management philosophy adopted by Mansi.(ii) Explain this philosophy on the basis of:(a) Main focus(b) Means and ends.

Who is a marketer?

Explain in one sentence, how directing is a pervasive function of management.

Digital controls is manufacturing inverters in Chandigarh. The management wants to measure the degree of employee morale, job satisfaction and human behaviour in their firm. Why proper controlling is not possible here?

Appliances India Ltd. is engaged in manufacturing and distribution of home appliances since 1987. It has a good name in the market as the company is producing good quality appliances. It has separate departments for manufacturing, finance, sales, maintenance services and technical services to achieve specialization.
Since the areas of operations of the company have increased and customers have become more demanding, the company decided to modify the existing principle of management to meet the changing requirements of the environment.
State the general principle of management which the company wants to modify to meet the changing requirements.