Nature and Significance of Management — Business Studies STD 12 Commerce — Question

What is the main objective of ‘Motion Study'?

Give one example of liberalisation in India.

Satnam Singh wons a fruit orchit in Shimla where finest quality of apples are grown. He plans to start 15 juice stations in different localities in Shimla, Chandigarh, Solan, etc., in partnership with his friend Gurpreet Singh. Instead of buying he plans to take shops on rent. He needs money for other inputs.
Identify any explain two factors affecting fixed capital requirement of Satnam's business discussed in above para by quoting the lines.

Business environment enables the firm to identify opportunities and getting the first mover advantage. Justify it with an example.

'Inter-dependence of different processes’ is one point of the importance of coordination. Clarify.

“The understanding of business environment helps the managers to identify ‘threats’.” What is meant by ‘threats’ here?

After the change in Government Policies, foreign companies like coca-cola has prohibited to work in India. These steps of the government have boosted which values?

Define directing.

Name the obstruction or hindrance to communication.

Royal Ltd. decided that whenever a person reaches a particular age he will be promoted. Influenced by this plan of the company, several employees from other companies also joined the firm. But within few days they realised that the firm has pre-determined relation structure without free communication.On the basis of this, answer the following questions.(a) Identify the type of organisation described here.(b) Point out any two limitations of this type of organisation.