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

Name the function which reviews the operations in a business unit.

Sika Ltd., a reputed industrial machines manufacturer, needs Rupees twenty crores as additional capital to expand the business. Mr. Amit Joshi, the Chief Executive Officer (CEO) of the company wants to raise funds through equity. The Finance Manager, Mr. Narinder Singh, suggested that the shares may be sold to investing public through intermediaries, as the same will be less expensive.
Name the method through which the company decided to raise additional capital.

What is the importance of an organisation structure?

Which kind of needs of an individual are satisfied by status given to their job?

Give two merits of sales promotion.

‘The greater number of managerial levels in an organisation makes it more complex’. To which type of organisational barrier to communication this statement refers to?

Divya purchased an electronic item through online shopping. At the time of delivery, she found that the item is defected. How can she file a complaint?

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?

As a responsible consumer, how will you ensure yourself about the quality of 'mango drink'?

The earlier approach of Caveat Emptor which means, "let the buyer beware" has now been changed to what?