Marketing — Business Studies STD 12 Commerce — Question

A company wants to establish a new unit in which a machinery of worth ₹ 10 lakh is involved. Identify the type of decision involved in financial management.

What is meant by marketer?

It aims at eliminating unnecessary diversity of products. Name this technique of scientific management.

In a company there are four departments for finance, marketing production and human resource development. Identify the principle of management used in this company.

Who provides protection and guidelines to the investors?

Suman bought a box of cheese of a reputed brand from a local shopkeeper. On opening the box she found a piece of stone in the cheese. She reported the matter to the shopkeeper who forwarded her complaint to the concerned company. Within a week the representative of the company visited Suman's residence with an apology and as a replacement offered her a new cheese pack with four other varieties of cheese as compensation for the inconvenience to her.
State the consumer right which Suman exercised.

Identify the nature of management when it is said to be a systematised body of knowledge that explains certain general truths.

In the staff meeting the principal of the school raised objection that teachers start the teaching after 5 to 10 minutes in third floor classes. He warned them as students are complaining about this. The teachers explained the principal that when we climb steps from ground to third floor. We get some tiredness and need 5 to 10 minutes rest before starting the lecture. The principal planned to install a lift in school so that teachers do not waste their energy on wasteful activity of climbing steps.1. State the techniques of scientific management used by principal.2. State any other technique of scientific management.

What is the objective of decentralisation?

Out of training and development which one is wider in scope?