Arts (English Medium) इयत्ता १२ - CBSE Question Bank Solutions

Explain any three features Business Environment

What is included in ‘Technological Environment’ of business? State.

What is meant by management ?

Why is management considered to be a multi-dimensional
concept?

Ashita and Lakshita are employees working in Dazzling  enterprises dealing in costume jewellery. The firm secured  an urgent order for 1,000 bracelets that were to be delivered  within 4 days. They were assigned the responsibility of  producing 500 bracelets each at a cost of Rs 100 per bracelet. Ashita was able to produce the required number within the  stipulated time at the cost of Rs 55,000 whereas, Lakshita was able to produce only 450 units at a cost of Rs 90 per unit.  State whether Ashita and Lakshita are efficient and effective.  Give reasons to justify your answer.

What is meant by business environment?

Name any two Specific forces of business environment affecting business.

State the meaning of controlling.

Give any two standards that can be used by a company to evaluate the performance of its Finance & Accounting department.

Which term is used to indicate the difference between standard performance and actual performance?

'An effort to control everything may end up in controlling nothing'. Explain.

Under which consumer right does a business firm set up consumer grievance cell?

Explain the importance of consumer protection from the point of view of a business.

What are various ways in which the objective of consumer protection can be achieved?

As the marketing manager of a big hotel located at an important tourist destination, what societal concerns would be faced by you and what steps would you plan to take care of these concerns? Discuss.

For buyers of consumer durable products, what ‘customer care services’ would you plan as a manager of a firm marketing new brand of motorcycle. Discuss.

According to the nature of management, Management can be considered as ______.

Efficiency is concerned with ______.

Management ensures ______.

A manager obtains the required capital at 12% interest while the prevailing rate of interest happens to be10%. How would you describe such a manager?