Arts (English Medium) Class 12 - CBSE Important Questions for Business Studies

Explain the following principles of management:

Development of Each and Every Person to His or Her Greatest Efficiency.

Explain the following principle of management.

Authority and Responsibility

Explain the following principles of management:

Co-operation, not Individualism

Explain significance of principles of management.

Explain 'Universal Applicability' as a feature of principles of management.

Explain Meeting Changing Environment requirements. 

What is meant by ‘liberalisation’?

Giving any four points, explain the impact of government policy changes on Business and Industry.

Explain any three limitations of ‘Planning’.

‘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

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

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.