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

Explain briefly 'Discipline' and 'Unity of Command' as general principles of management.

Answer the following question.
Explain any four points regarding the significance of the principles of management.

Explain the principle of ‘Scalar Chain’ and gang plank.

Explain how the principles of management help the managers:
(i) in taking scientific decisions; and
(ii) in providing the managers with useful insights into real-world situations.

Explain any three points that highlight the importance of 'Principles of Management'.

Explain providing managers with useful insights into reality and fulfilling social responsibilities as significance of principles of management.

Explain optimum Utilisation of resources and effective administration.

Identify the point of significance of management illustrated in the picture

What is meant by 'Globalisation'?

Which characteristic of the business environment is highlighted when changes are taking place too frequently and it becomes difficult to predict the future?

Airlines will be able to offer the benefit of lower pricing to customers on sectors/routes due to the decision of the civil aviation ministry to remove price caps from August 31, 2022. This can help an airline to do better performance if they take early decisions regarding future courses of action after understanding and doing analysis. Which importance of business environment and its understanding by managers is not highlighted above:

Mr. Vivek is working as the General Manager of Oshin Hotels Ltd. Mr. Vivek observed that Government was taking a special interest in the Tourism industry as this sector is an important source of foreign exchange and employment promotion. On the basis of this news, the company decided to set up hotels at several tourist places. Oshin Hotels Ltd. established 50 hotels before other companies considered this issue. Very soon, this brand Oshin Hotels Ltd. became well known in the market. Identify the importance of business environment described here.

State the role of 'route clerk' in functional foremanship.

Explain the first three steps in the process of 'Planning'.

Briefly explain the next three steps in the process of planning which the manager will have to have to follow after using conjecture about what might happen in the future.

State it's any two advantages of the functional structure

What is meant by 'Delegation'?

State any three features of 'Informal Organisation'.

State any two disadvantages Informal Organisation.

State the features of 'Formal Organisation'.