Controlling — Business Studies STD 12 Commerce — Question

State two commodities considered as essential commodities for price fixation by the government.

Where should warehouses for agricultural goods be located?

Rakesh, MD of 'Modern Homes' an architecture and design firm has appointed many successful architects. Here Rakesh has given full responsibility of setting goals for various projects to the group.
He avoids use of power. Rakesh acts like a constant person with outsiders and collects information and resources required by the group to accomplish job and take on more on a advisory role. What type of leadership style is being followed by Rakesh?

Name & state the aspect of financial management that provides a link between investment and financing decisions.

Name the process of designing and maintaining an environment in which individuals working together in groups, efficiently accomplish selected aims.

‘Planning always leads to success.’ Do you agree? Give reason in support of your answer.

Why is consumer protection important for businessmen? Give anyone reason.

National Vritech Ltd. has grown in size. It was a market leader but with changes in business environment and with the entry of MNCs, its market share is declining. To cope up with the situation CEO starts delegating some of his authority to the General Manager, who also felt himself overburdened and with the approval of CEO disperses some of his authority to various levels throughout the organisation. Identify the concept of management discussed above.

Name the need which is satisfied first of all.

Suman bought a box of cheese of a reputed brand from a local shopkeeper. On opening the box she found a piece of stone in the cheese. She reported the matter to the shopkeeper who forwarded her complaint to the concerned company. Within a week the representative of the company visited Suman’s residence with an apology and as a replacement offered her a new cheese pack with four other varieties of cheese as compensation for the inconvenience to her.State the consumer right which Suman exercised.