Business Environment — Business Studies STD 12 Commerce — Question

Define Motivation.

How does supervisor maintain discipline?

What is meant by ‘Policy' as a type of Plan?

Production manager of Beta Ltd. took special care of the interest and ability of his subordinates while distributing work among them. He was of the firm opinion that a worker should be given one work again and again so that he may become expert in it. One day he took round of his department and noticed that the workers were not doing their job quickly. On enquiry, he learnt that the workers worked non-stop which main cause of their slow speed. He immediately issued an order that during their working hours, the workers will have an interval to take rest.(a) State the principle of management followed here? Explain.(b) Which technique of scientific management is indicated in above para?

Planning lays down the base for other functions of management. Which feature of planning is highlighted here?

For the last three years, Elpis Technology Solutions p(Ltd.) is not functioning smoothly and systematically. The relations between management and employees are becoming bitter day by day. After a complete analysis, it was observed that employees are not working effectively and efficiently and management is not fulfìlling its commitment of increments and promotions,

(1) Which management principle is being ignored in the given case ?
(2) Can the problem be solved if only management becomes serious in fulfilling its promises? What should be the appropriate course of action to achieve smooth and systematic functioning of Mahagun Industries ?

Fayol points out the danger of increased turnover and recruitment costs in one of his principles. Identify the principle.

Define dividend.

Smitha runs an NGO under the name 'Serve karma' in Delhi. The organisation is engaged in offering waste paper recycling services to all kinds of institutions in Delhi. It also made paper stationery out of recycled papers at very competitive price. The website of Serve karma provides a link, to career sites, wherein people desirous of joining the NGO can use simple job search to find the right opportunity for themselves. The NGO also keeps a database of applications of Jobseekers, so that they can be called 'Whenever need arises.In the context of above case: Identify the two sources of external recruitment being used by "Serve karma" by quoting the lines from para.

State any two types of plans.