Principles of Management — Business Studies STD 12 Commerce — Question

Raghav works as a banquet manager in a hotel. He feels highly motivated at his job because the work that is assigned to him frequently involves variety of challenges. He is given more autonomy and responsibility and provided with ample opportunities for personal growth and a meaningful work experience. Identify the type of non-financial incentive being offered to Raghav.

Employees know well in advance what they are expected to do and what are the standards of performance on the basis of which they will be appraised, which in turn helps them to give better performance. Which importance of controlling is highlighted here?

What do you mean by Bourse?

Principles of management are not exact as the principles of science and they have to be modified according to a given situation. Which feature of science is not applicable in this statement?

A company has its own recruitment policy to fill the vacant posts with suitable employee.(i) Top most positions are being filled by contacting specialised agencies so as to attract the most capable work force competitive organisation.(ii) To foster the spirit of loyalty and motivate the employees the middle level positions are filled from within the organisation.(a) Identify the sources of recruitment referred above?(b) Also give any one method of each source.

Mention any two organisational barriers of communication.

Name the marketing function which is concerned with the important decision of managing inventory.

It acts as the binding force between departments and ensures that all actions are aimed at achieving the goals of the organisation. Which feature of coordination is indicated in this statement?

Efficiency means achieving goals within the given time period. (True/ False)

Name the method of training in which the trainees learn on the equipments they will be using.