Financial Management — Business Studies STD 12 Commerce — Question

What is the objective of ‘employment interview’ as one of the steps of selection process?

'Bharat Express' specialises in Courier Services. Its 'wide range of express package and parcel services' help business firms to make sure that the goods are made available to the customers at the right place and at the right time.
State, with reason, whether the working capital requirements of 'Bharat Express' will be high or low.

Joseph and Co. is specialist in production of big ships and cruises. The company got the order of production of 10 ships with a capacity of 2,000 passengers. But the problem is that time span between the receipt of raw material and their conversion into finished goods, i.e., ship, is of two years. Thus, there is a limit to number of production each year as it is a time consuming process. Lot of staff, patience and hard work is required in this process too. State the nature of working capital requirement for Joseph and Co.

The size of assets, the profitability and competitiveness, are affected by one of the financial decisions. Name and state the decision.

Which function of management is known as ‘Management-in-action’?

Name the communication barrier in which a message is decoded differently by different people.

The concentration of decision-making authority is called centralisation whereas its dispersal among more than one person is known as what?

Each course will have many variables which have to be weighed against each other. Mention the step in planning which ensures this.

Define the term ‘Organisation Structure’.

Organising helps in optimum utilisation of resources. Which type of resources does it refer?