Controlling — Business Studies STD 12 Commerce — Question

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

What is internal environment?

Give an importance of personal selling.

Planning cannot foresee or assess future trends in the environment and thus there may be obstacles to effective planning. Mention the limitation of planning referred here.

Define policy.

Departmental managers are included at which level of management?

Give any one point which justifies management as an art.

Financial planning strives to achieve the twin objectives. Enumerate them.

What is the next step after selection in the process of staffing.

Give the elements of directing function of management.