Principles of Management — Business Studies STD 12 Commerce — Question

Give one example of employee recognition.

Name the level of management engaged in:(i) Selection of employees(ii) Introducing new products(iii) Design a suitable advertisement: campaign to sell a new product(iv) Framing the capital structure of the company(v) Preparing performance reports of employee(vi) Hiring casual labourers.

Beena has been using ‘Klean’, a famous detergent available in the market. On watching numerous advertisements in the television, she decided to try a new brand of detergent. When she went to the near-by store to purchase the same, she saw detergents of other producers making similar claims of whiteness and stain removing abilities. Hence she could not make up her mind as which detergent to purchase. Name the objection of advertising being discussed in this case.

Name the function which reviews the operations in a business unit.

“The understanding of Business Environment enables the firm to identify opportunities.” What is meant by ‘opportunities’ here?

Name the concept related to:

Management principles aim at influencing behaviour of human beings. State the feature of management principle mentioned here.

Why it is said that ''The supervisor is a link between management and the operative employees''.?

Volvo’s Ltd. target is to produce 10,000 shirts per month at a cost of Rs. 100 per shirt. The production manager achieved this target at a cost of Rs. 90 per shirt. Do you think the production manager is effective? Give one reason in support of your answer.

Zenith Ltd. is a highly reputed company and many people wanted to join this company. The employees of this organisation are very happy and they discussed how they came in contact with this organisation.Aman said that he was introduced by the present Sales manager, Mr. John.Benu said that he had applied through the newspaper and was appointed as H.R Manager.Vaibhav said that he was neither related to any of the employee of the organisation nor there was any advertisement in the newspaper eventhen he was directly called from IIM Ahmedabad from where he was about to complete his MBA.(a) The above discussion is indicating an important function of management. Name the function of management.(b) The management function identified in part (a) follows a particular process. Explain the step of this process which is being discussed in the above para.