Consumer Protection — Business Studies STD 12 Commerce — Question

A manager should have the right to punish a subordinate for wilfully not obeying a legitimate order but only after sufficient opportunity has been given to his/her case. Identify the principle of management highlighted here.

Identify the nature of management when it is practised as personal application of existing knowledge to achieve desired results.

At which level of management more time is consumed on planning as compared to other levels?

State the objective of ‘Time-Study’.

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

Controlling is forward looking? How can this be ensured?

Management helps in achieving group goals. (True/ False)

Whirlwind Enterprises was a renowned name for manufacturing quality washing machines since 1965. When the profit of the last year declined, Mr. Ahmed, the owner of Whirlwind Enterprises, asked the General Manager to prepare a profitability report of the company including Gross Profit Ratio, Net Profit Ratio, etc. besides using other techniques to assess the company’s performance.
Identify the step taken by Mr. Ahmed which is related to one of the functions of management.

Promotion is a vertical shifting of employees. How does it affect the employees?

Rohan a sole proprietor was running food catering business in North Delhi. He got great success and profit margin in this business. Due to excess demand in the market he expanded his business and separated departments as purchase, production, finance and marketing. Which type of organisational structure would you suggest him? Enumerate its two benefits.