Financial Market — Business Studies STD 12 Commerce — Question

Srijan is working as a sales manager in a publishing house. In order the promote the new series of encyclopaedias, the company decides to undertake door to door selling in the city. As the sales manager, Srijan is given the target of selling 5000 units in one month. He appoints a team of five salesmen for the purpose. Each salesman is given the target of selling 1000 units. At the end of the month only 4800 units are sold as one of the salesman, Bobby, falls ill during the last week and is able to sell only 800 units.
In the context of the above case :
Will Srijan be still accountable for the performance of the assigned tasks to Bobby? Why or why not? Give a suitable reason to support your answer.

What is meant by ‘Diversification’?

Voltech India Lid is manufacturing LED bulbs to save electricity and running under heavy losses. To revive from the losses, the management thought of shifting the unit to a backward area where labour is available at a low cost. The management also asked the workers to work overtime without any additional payment and promised to increase the wages of the workers after achieving its mission. Within a short period the company started earning profits because both the management and the workers honoured their commitments.

• State the principle of management described in the above para.
• Identify any two values that the company wants to communicate to the society.

Taking corrective/ remedial action is the last step in the process of one of the functions of management.
Name the function.

Explain ‘Product Mix’ as an element of ‘Marketing Mix’.

'It pays to advertise'. Do you agree with this statement? Give reasons.

On securing 95\% marks in class XII, Ram's father gifted him a gold chain. But after 2 months, Ram noticed that the gold chain was loosing the shine. He checked the mark on chain and found that it was not a proper hall mark (BIS). He lodged a complaint in the district forum, which rejected it. Not satisfied by the decision of district forum, he was very much disturbed and after 45 days, he decided to appeal further.Can Ram appeal against the decision of the district forum? Give reasons in support of your answer. Explain feature of district forum.

How does 'Inflation' affect the working capital requirements of a company? State.

What is the person who maintain public relations called?

Distinguish between formal and informal on the basis of purpose.