Financial Management — Business Studies STD 12 Commerce — Question

Give one difference between 'policy and procedure'.

Name the kind of monetary incentive in which employees are offered company's share at a lower price than market price.

“The understanding of Business Environment enables the firm to identify opportunities.” What is meant by ‘opportunities’ here?

List any two organisational objectives of management.

Why is selection considered as negative process?

Deepak Shah purchased a car for ₹19 lacs from an automobile company and found its engine defective. Despite many complaints the defect was not rectified. He filed a case in the District Forum. But he was not satisfied with the orders of the District Forum and decided to appeal. Suggest him the highest authority where he could appeal if not satisfied again by the decision of the next higher authority.

Is expense on training a wastage?

Raghav is the manager of Eastern zone of a large corporate house. At what level, does he work in the organisation? State some of the functions, which he performs at this level.

Name the process by which the most suitable candidate is placed to fill the vacant job position.