Business Environment — Business Studies STD 12 Commerce — Question

In what kind of organisation is divisional structure more suitable and why?

Cutie Beauty Ltd. is a beauty brand famous for its organic beauty products for men and women. The company uses organic plant extract to produce its products which are non-allergic and beneficial for every type of skin. The product is made available in different packs and sizes. The label of the product contains full information about the ingredients, batch number, date of manufacture and expiry price etc. and The company has set up its customer care cell to handle all sort of queries of its customer.
List the consumer rights taken care of by the company by quoting the lines from the passage.

The directors of Bajaj Ltd. have decided to modernize the plant and machinery at an estimated cost of ₹ 1 crore, but could not decide whether to issue equity shares or debentures for this purpose. As finance manager of the company, advise the directors whether to issue equity shares or debentures in the interest of the company and why?

Give two instances of impact of changes in political environment on companies.

Explain the meaning and relationship between authority and responsibility.

Rajeev, the owner of Pathways Constructions, decided to start a campaign to create awareness among people for developing clean surroundings in their area. He formed a team of 10 members to list the different ways for cleaning the surroundings. One suggested to take the help of local residents, another suggested that they may involve school-going children in their venture. One more suggestion was to take the help of the unemployed youth. On evaluation of different ways, it was decided to take the help of local residents. To achieve the desired goal, various activities are identified like

• Purchase of necessary items like dustbins, garbage bags, brooms, etc.
• Collection of garbage;
• Disposal of garbage, etc.

After identification of different activities, the work was allocated to different members.

1. Identify the concepts of management involved in the above situation and quote the lines which help in their identification.
2. Also identify the values which the company wants to communicate to society.

Name the Levels of management engaged in:

1. Determining Policies.
2. Assembling Resource.
3. Interpreting Policies.

Define advertising. What are its main features? Explain.

State the steps in the selection procedure, after the employment interview and before the job offer.

Explain briefly any two points of importance of consumer protection from the point of view of business.