Controlling — Business Studies STD 12 Commerce — Question

''Controlling is looking back''. Explain.

Explain any three factors that affect the working capital requirements of a company.

Rahunath works as a human resource manager in ‘Vanshika Housing Ltd.’ a company engaged in the real estate business. He suggests to the Managing Director of the company to start a sports club in the office where friendly indoor matches can be organised amongst the employees on every Saturday.
In context of the above case :

1. Identify the type of organisation that Rahunath is desirous of promoting in the company.
2. State any three advantages of the type of organisation as identified in part (a) of the question.

‘Product is a mixture of tangible and intangible attributes.’ Discuss.

Distinguish between ‘Direction’ and ‘Supervision’.

Discuss in brief any two merits and demerits of sales promotion.

What is meant by principle of centralisation?

Kiran Industries is a company dealing in office furniture. The company chose to diversify its operations to improve its growth potential and increase market share. As the project was important, many alternatives were generated for the purpose and were thoroughly discussed amongst the members of the organisation. After evaluating the various alternatives, Sukhvinder, the Managing Director of the company, decided that they should add ‘Home Interiors and Furnishings’ as a new line of business activity.

1. Name the framework, which the diversified organisation should adopt, to enable it to cope with the emerging complexity? Give one reason in support of your answer.
2. State any two limitations of this framework

Manak Chand and Co., dealing in copper and other metals, has earned a profit of ₹ 1,200 crores. Manak Chand and Co. is a renowned name in the market and investors like to invest in the company. Company has explored its potential fully and is on the top, thus, it has no plans for growth or expansion in the next few years. Also, earnings of the company are consistent and stable over the years. Tax on dividends is also levied at a low rate by the government on the company. Guide the company on the decision of distribution of dividend to shareholders.

Explain ‘Method’ as one of the types of plans.