Nature and Significance of Management — Business Studies STD 12 Commerce — Question

What is the role of ‘Leasing’ in determining the requirement of fixed capital?

Which standard(s) is/ are used in production?

1. Quality Standards.
2. Quantity Standards.
3. Cost Standards.
4. All of the above.

Name and state the ‘on-the job method of training’ that is used to give training to the electricians.

Which principle suggests that there should be one and only one boss for every individual employee?

What is meant by mental revolution?

State, what is to be informed to the consumer under 'right to be informed'.

Pawan is working as a Production Manager in CFL Ltd. which manufactures CFL bulbs. There is no class-conflict between the management and workers. The working conditions are very good. The company is earning huge profits. As a policy, the management shares the profits earned with the workers because they believe in the prosperity of the employees.State the principle of management described in the above paragraph.

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

What is a formal, in-depth conversation conducted to evaluate the applicant's suitability for job called?

“The Principles of Management are different from those used in pure science.” Write any one difference.