Planning — Business Studies STD 12 Commerce — Question

State any three characteristics of principles of management.

What are the objectives of technique of standardisation?

Explain the importance of interviews in selection process.

Explain in brief any three functions of packaging.

Eco-friendly products are gaining power as the consumers’ awareness about environmental issues has increased over the years and they are conscious about choosing products that do not have adverse effects on the environment. They are now more conscious about the carbon emission and climate change effects, and want themselves to be ‘seen’ as a green advocate among their peers. In such a scenario, it has become a challenge for the companies as they have to not only meet the needs of the consumers but also ensure that their products are safe and environment friendly. As a result, there is growing need for better and advanced technologies to works as a catalyst in this regard.

1. Identify the relevant feature of business environment being discussed above.
2. Describe briefly any three points which highlight the importance of business environment and its understanding by managers.

On the job training refers to the methods of training that are applied to the workplace, while the employee is actually working. Off the job training means learning before doing and they are used away from the workplace.

Differentiate between 'method' and 'budget' as types of plans.

Flavours Ltd. was engaged in the business of making handmade chocolates. Lately, the business was expanding due to good quality and reasonable prices. As the demand was increasing, Flavours Ltd. decided to explore bakery products as well. In order to make bakery products the company directed its workforce to work overtime but this resulted in multiple problems.
Due to increased pressure the efficiency declined and the workers had to take orders from more than one superior. Workers were overburdened and their health was also affected. Gradually the quality of the products begins to decline and market share also went down. The company realised that they had implemented changes without waiting for the required infrastructure.
Identify the explain the principles/ technique of Taylor/ Fayol referred to in the above para.

A toy manufacturing company uses low quality plastics and harmful colours which affect the health of the children.
Which value is being ignored here?

'Human Resource Management includes many specialised activities and duties'.
State any four such activities.
Or
Give two roles of human resource personnel.