Organising — Business Studies STD 12 Commerce — Question

Name the force that binds all the functions of management.
OR
Name the concept which is known as the essence of management.

OR
Which process of management is the orderly arrangement of group efforts to provide unity of action in pursuit of common purpose?

Name the term/process which means integrating the economy with the rest of the world. Globalisation.

Which technique of scientific management is an extension of the principle of division of work and specialisation to the shop floor?

What is meant by Financial Planning?

“The Principles of Management are different from those used in pure science.” Write any one difference.

In ABC Ltd. all the decisions are taken by top level management only. Which policy is followed by the organisation? Explain the drawback of this organisation.

Taylor believed that there was only one best method to maximise efficiency. This method can be developed through study and analysis. Which principle is indicated by Taylor?

The Finance Minister reduced the repo rate to overcome recession. This is related to which dimension of business environment?

Which environment prohibits the advertisement of alcoholic beverages?

Define ‘Planning premises’.