Principles of Management — Business Studies STD 12 Commerce — Question

'Indian Logistics' has its own warehousing arrangements at key locations across the country. Its warehousing services help business firms to reduce their overheads, increase efficiency and cut down distribution time.State with reason, whether the working capital requirements of 'Indian Logistics' will be high or low?

What is floatation cost?

What is meant by ‘selecting an alternative’ as a step in the planning process?

Explain the following rights of a consumer as provided under Consumer Protection Act 1986:
Right to Safety.

What is meant by Privatisation?

Distinguish between ‘Selling Concept’ and ‘Marketing Concept’ of Marketing Management Philosophies on the basis of ‘main focus’.

This principle of Taylor is an extension of principle of 'Harmony, not discord'. Name it.

Which technique of Taylor separates 'planning' and 'execution' functions?

Name any two policies of an organisation related with the manpower.

A company wants to open a new branch of its business in a new area. For this, investment of ₹ 25 lakhs is involved. Identify the type of decision involved in financial management.