Financial Management — Business Studies STD 12 Commerce — Question

State, why the working capital needs for a 'Service-industry', are different from that of a Manufacturing industry.

Distinguish between Managership and Leadership on the basis of ‘Scope’.

'Once selected, employee should be kept at their position for a minimum fixed tenure'. Which principle of management is highlighted in the statement?

Why are money market instruments more liquid as compared to capital market instruments?

What is external environment?

Which Act of Consumer Protection provides for the formation of 'Consumer Protection Councils in every district and state of the country?

What is the role of ‘Leasing’ in determining the requirement of fixed capital?

ITC started its business with Jobaico Industry, later on its entered in hotel industry, consumer goods industry, stationery, etc. ITC assured quality to customer and kept company's name as its identity. This help the customers in product identification and hence ensured quality. It also built up their confidence and help in increasing their level of satisfaction.(i) Name the element of marketing mix referred in above para.(ii) Name the other elements of marketing mix.(iii) Name the concept which assure quality and help in identification of product.

It is an impersonal form of communication which is paid for by the marketers to promote some goods or services. Mention this form of communication.

List any two specialised activities performed by the Human Resource Management.