Planning — Business Studies STD 12 Commerce — Question

Varsha Jain after completing her fashion designing course from Indian Institute of Fashion Technology planned to enter into designer clothing venture. She had to address issues like her target customers, channel of distribution to be used, pricing policy etc. Identify the type of plan that Varsha Jain needs to develop to provide direction and scope to her organization in the long run.

Manvendra always went to a specific shop to buy all consumable and non-consumable goods. In this shop variety of products of different brands were displayed nicely and the sales person available also gave good sales presentation if required. But this shop was quite far off from his residence. His friend Annant always wondered why Manvendra wastes so much time in going to that shop where as there were many big brand shops situated near his residence having consumable and non-consumable goods.
Annant asked Manvendra the reason of going to that particular shop. Manvendra told that he was exercising one of his ‘Rights’ which he could not exercise in near-by big brand shops.
State the consumer’s right which Manvendra had exercised.

What is the main focus of principles given by Henri Fayol and F.W. Taylor?

Explain any two points of responsibilities of a consumer.

State first two steps in the process of planning.

An investor wanted to invest ₹. 20,000 in Treasury Bills for a period of 91 days. When he approached the Reserve Bank of India for this purpose he came to know that it was not possible.
Identify the reason why the investor could not invest in the Treasury Bill.

Who can file a complaint under the Consumer Protection Act 1986?

Give the serial order of ‘Staffing’ as a function of management.

Maruti Udyog sells its cars and vans through company approved retailers. Which type of indirect channel of distribution is it?

State the meaning of ‘Product Identification’ function of packaging.