Business Environment — Business Studies STD 12 Commerce — Question

'Management principles aim at influencing behaviour of human beings'. State the feature of management principle mentioned here.

The sale of greeting cards, sweets, chocolate, etc. increases in India during Diwali, Id, Guruparv and Christmas. Name the dimension of environment related to this.

What is dematerialisation (demat)?

Define job description.

If a manager is able to achieve the target of production of 5000 units but at a higher cost. Is he efficient or effective?

Mr. Rajiv the senior manager of Unique enterprise considered himself very wise and used to take all the decisions himself without consulting the employees, he never used to help any one nor he used to take help of anyone. The employees of unique enterprise were not working efficiently and company's profit margin started declining to tackle the problem, the company appointed a new manager from IIM Bangalore. The new manager after joining made a policy that all the decisions will be taken after consulting employees in the meeting. All employees must give some suggestions and best suggestions will be rewarded with financial and nonfinancial incentives. This policy had a very positive effects on company.State and explain the principle of Henry Fayol used by new manager.

Rahul, a worker, is given a target of assembling two computers per day. Due to his habit of doing things differently, an idea struck him which would not only reduce the assembling time of computers but would also reduce the cost of production of the computers. Rahul’s supervisor instead of appreciating him, ordered him to complete the work as per the methods and techniques decided earlier as nothing could be changed at that stage.
The above para describes one of the limitation of planning function of management. Name and explain that limitation.

A dealer wants to send some gift items of glassware to Delhi from Mumbai. Which type of packaging is needed here?

Which Act of Consumer Protection provides for the formation of ‘Consumer Protection Councils’ in every district and the State of the country?

Briefly explain work study techniques that help in developing standards to be followed throughout the organization.