Planning — Business Studies STD 12 Commerce — Question

Which principle of Fayol leads to specialisation?

What is the main aim of product concept of marketing?

Sirajuddin purchased a car for ₹ 15 lakhs from an automobile company and found that its airbags were defective. After many complaints with the company that went unheard, he filed a case in the District Forum. He was not satisfied with the orders of the District Forum. He then appealed before the State Commission and on being dissatisfied with the orders of State Commission, he appealed before the National Commission. Sirajuddin was not satisfied with the orders of National Commission.Suggest him the highest authority where he could appeal against the decision of the National Commission.

Give any two benefits of branding to marketer.

What is meant by market offering?

Define 'Planning premises'.

Name the person who has propounded ‘Scientific Management’.

Coordination is a continuous process. (True/ False)

The production and sales department of XYZ Ltd. were in a state of conflict. In order to resolve the conflict, the General Manager emphasised on the importance of overall goals of the organization rather than departmental goals. State the nature of management principles being highlighted here.