Marketing — Business Studies STD 12 Commerce — Question

Why 'Caveat Emptor' approach changed to 'Caveat Venditor'?

What is the total number of elements of directing?

Distinguish between ‘Selling Concept’ and ‘Marketing Concept’ of Marketing Management Philosophies on the basis of ‘main focus’.

The manager of Alpha Ltd. is very efficient and effective and makes sure all the employees and workers in his team perform the task on time with minimum cost. His main focus is on cost cutting so he never listens to the demand of workers for increasing wages. He even gives no opportunity to worker for promotion. As a result workers started becoming frustrated and disheartened all the time.(a) Which objective of management could not be achieved by the manager.(b) State other two objectives of management.

One day, the management instructor of BBA classes organised a "Panel Discussion" on important topics of management. The students were given the following clues for discussion. Each student was given 3 minutes for elaborating on the clues given below:Clue 1: They are inseparable twins.Clue 2: They are inter-dependent, inter-related and reinforce each other.Clue 3 : They both are forward as well as backward looking.1. Identify the functions of management written in clues above.2. Elaborate on the 3 clues.

What is determined by ‘Time Study’?

Manuj bought a packet of chips from a local shopkeeper and found that the ingredients given on the label were not legible. He complained about it to the company. The company sent a written apology stating that they will make sure that existing packets are withdrawn from the market, and new packets with legible tables are soon made available. State the consumer right which Manuj exercised.

What is meant by ‘Financial Incentives’?

Departmental managers are included at which level of management?

It implies introducing the selected employee to other employees and familiarising him with the rules and policies of the organisation. Name it.
OR
Give the meaning of 'orientation as a step in the process of 'Staffing'.