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Arts (English Medium) Class 12 - CBSE Question Bank Solutions

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Explain any three features Business Environment

[3] Business Environment
Chapter: [3] Business Environment
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What is included in ‘Technological Environment’ of business? State.

[3] Business Environment
Chapter: [3] Business Environment
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What is meant by management ?

[1] Nature and Significance of Management
Chapter: [1] Nature and Significance of Management
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Why is management considered to be a multi-dimensional
concept?

[1] Nature and Significance of Management
Chapter: [1] Nature and Significance of Management
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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.

[1] Nature and Significance of Management
Chapter: [1] Nature and Significance of Management
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What is meant by business environment?

[3] Business Environment
Chapter: [3] Business Environment
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Name any two Specific forces of business environment affecting business.

[3] Business Environment
Chapter: [3] Business Environment
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State the meaning of controlling.

[8] Controlling
Chapter: [8] Controlling
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Give any two standards that can be used by a company to evaluate the performance of its Finance & Accounting department.

[8] Controlling
Chapter: [8] Controlling
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Which term is used to indicate the difference between standard performance and actual performance?

[8] Controlling
Chapter: [8] Controlling
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'An effort to control everything may end up in controlling nothing'. Explain.

[8] Controlling
Chapter: [8] Controlling
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Under which consumer right does a business firm set up consumer grievance cell?

[12] Consumer Protection
Chapter: [12] Consumer Protection
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Explain the importance of consumer protection from the point of view of a business.

[12] Consumer Protection
Chapter: [12] Consumer Protection
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What are various ways in which the objective of consumer protection can be achieved?

[12] Consumer Protection
Chapter: [12] Consumer Protection
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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.

[11] Marketing Management
Chapter: [11] Marketing Management
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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.

[11] Marketing Management
Chapter: [11] Marketing Management
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According to the nature of management, Management can be considered as ______.

[1] Nature and Significance of Management
Chapter: [1] Nature and Significance of Management
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Efficiency is concerned with ______.

[1] Nature and Significance of Management
Chapter: [1] Nature and Significance of Management
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Management ensures ______.

[1] Nature and Significance of Management
Chapter: [1] Nature and Significance of Management
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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?

[1] Nature and Significance of Management
Chapter: [1] Nature and Significance of Management
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