Directing — Business Studies STD 12 Commerce — Question

State different concepts or philosophies of marketing management.

Is expense on training a wastage?

Sachin Computers Ltd. is a leading company in Computer Technology and IT services. The Chief Executive Officer of the company attributes the success of the Company to its managerial team spirit, which have helped to handle rapid changes in technologies and to transform threats into opportunities. Like any other business enterprise profits are important for survival and growth of Sachin Computers Ltd. The management of the company believes that a satisfied employee creates a satisfied customer, who in turn creates profits that leads to satisfied shareholders.
Identify and explain the objective of the company discussed in the above para. Also quote the line for the identified objective.

Management has its own theory and principles, vocabulary of terms and concepts. Which feature of science is justified by management here?

What do you understand by the universality of principle of management?

Why did liberalisation of Indian industry took place?

An employee will retire at the age of 60 years. What type of plan is it?

Why is capital structure decision important?

How management principles ensure optimum utilisation of resources?

What is compared with what, in controlling?