Principles of Management — Business Studies STD 12 Commerce — Question

Jupiter Ltd. is one of the largest two-wheeler manufacturer in India. It has a market share of about 42% in the two-wheeler category. The company had witnessed almost a 35% drop in the booking as the currency crunch was prompting people to withhold new purchases due to demonetisation. Therefore, the production manager of the company had decided to align production to factor in slower sales in the market.
Identify and explain the function of management being discussed in the above lines.

Define the term ‘Organisation Structure’.

Name the off the job method of training in which employees learn their jobs on the equipments they will be using but away from the actual work place.

Give one assumption of Maslow’s Theory.

What are the organisational objectives of management?

Rahul, a worker, is given a target of assembling two computers per day. Due to his habit of doing things differently, an idea struck him which would not only reduce the assembling time of computers but would also reduce the cost of production of the computers. Instead of appreciating him, Rahul’s supervisor ordered him to complete the work as per the methods and techniques decided earlier as nothing could be changed at that stage. The above paragraph describes one of the limitations of the planning function of management. Name and explain that limitation.

How is development of personnel possible through better organising?

What is meant by capital market?

Identify the method of sales-promotion in the following cases:
A customer gets ₹ 5 off on return of an empty wrapper while making a new purchase of the same product.

_______ leader gives orders only after consulting the group and works out the policies with the acceptance of the group.