Commerce (English Medium) इयत्ता १२ - CBSE Important Questions

Explain any three limitations of ‘Planning’.

Answer the following question.
Varsha Jain after completing her fashion designing course form the Indian Institute of Fashion Technology planned to enter into designer clothing venture. She had to address issues like her target customers, the 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.

‘The pros and cons of each alternative need to be weighed.’ Name and briefly explain the logical steps in the process of planning which are followed by a manager before performing the step highlighted in the above statement.

State any three limitations of divisional structure of an organisation.

Differentiate between formal and informal organization on the basis of the following:

Meaning

Differentiate between formal and informal organization on the basis of the following:

Origin

Differentiate between formal and informal organization on the basis of the following:

Authority

Differentiate between formal and informal organization on the basis of the following:

Nature

Answer the following question.
Voltage fluctuations have been common and quite high in India. They harm our electrical appliances like televisions, refrigerators, and air conditioners, often leaving them in a permanently damaged condition. N-Guard Company decided to manufacture stabilizers for North India where the voltage fluctuation ranges from 220 V to 230 V. Once the demand for North India was taken care of, they decided to launch stabilizers of varying voltages from 90 V – 260 V for meeting the requirements of voltage fluctuations in other regions of India also. Three engineers were appointed for South, West and East regions of India, as the voltage was different in all the three regions.

Though all the engineers were appointed to manufacture stabilizers but the product differed from region to region.

(a) Identify the organisational structure of the N-Guard Company.

(b) State any two advantages and two limitations of the structure identified in the above para.

How is training in an organisation beneficial ‘for employees’? State by giving any four reasons.

Answer the following question.
Biru Nandan, Chairman of Lalit group of companies founded 'Biru University' for undergraduate and postgraduate courses in diverse disciplines. The Information Technology department of the 'Lalit Power Ltd., had few vacancies related to Cyber Security. The Human Resource Department of the Company decided to recruit fresh engineering graduates from 'Biru University' for the same. Identify the type of source of recruitment.

Answer the following question.
Nisha Sethi was working as a Human Resource Manager in a famous consultancy firm, KLI Global Services. Her job included preparing job descriptions, recruitment, developing compensation and incentive plans, and facilitating employee learning. They had entered into alliances with institutes to ensure the continuous learning of their employees. With the jobs becoming more and more complex, KLI Global Services invested a large amount of money in making the employees learn the skills necessary to complete the jobs.
State by giving any five points, how this investment is likely to benefit the organisation?

Tapping external sources for various job positions has many benefits.’State any four such benefits. 

Explain 'Internship' as a method of training.

State any four limitations of using internal sources of recruitment.

Filling vacancies for various job positions from within the organisations has many benefits. State any four such, benefits.

“Training not only improves the current or future performance of employees but also benefits the organisation in many ways.’ State any four such benefits.

State any five points which highlight the importance of delegation of authority.

State any four elements involved in the communication process.