Commerce (English Medium) Class 12 - CBSE Question Bank Solutions for Business Studies

Vegatech Enterprises was a company manufacturing refrigerators. The company had a functional structure with four main functions -Production, Marketing, Finance and Human Resource. As the demand for the products grew, the company decided to hire more employees.

Identify the concept which will help the Human Resource Manager in identifying the types of human resources necessary for the performance of various jobs and accomplishment of organisational objectives

Explain briefly Espirit de Corps and Order as general principles of management.

What is meant by 'efficiency' in management?

'Aapka Vidyalaya' believes in holistic development of students and encourages team building through a mix of curricular, co-curricular and sports activities. On its founders day, a stage performance had to be put up. A committee of ten prefects was constituted to plan different aspects of the function. They all decided to use recycled paper for decoration. There was a spirit of unity and harmony and all members supported each other. With mutual trust and belongingness, the programme was systematically planned and executed. Kartik, one of the prefects realised that unknowingly the group had applied one of the principles of management while planning and executing the programme. He was so inspired by the success of the function that he asked his father to apply the same principle in his business. His father replied that he was already using this principle

a. Identify the principle of management applied to the success of the programme.

b. State any two features of management highlighted in the above para.

c. Identify any two values which 'Aapka Vidyalaya' communicated to the society.

What is meant by principles of management?

Explain the following principles of management:

Science, not rule-of-thumb.

Explain the following principle of management:

Discipline

Explain the following principle of management:

Scalar chain

Explain the following principles of management:

Harmony, not discord.

Explain the following principles of management:

Subordination of Individual Interest to General Interest.

Explain the following principles of management:

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

Why is it said that principles of management are mainly behavioural in nature?

‘Adharshila Vidyalaya’ believes in holistic development of students and encourages team building through a mix of curricular, co-curricular and sports activities. On its Founders’ Day, a stage performance had to be put up. A committee of ten prefects was constituted to plan different aspects of the function. They all decided to use recycled paper for decoration. As there was a spirit of unity and harmony and all members supported each other with mutual trust and belongingness, the programme was systematically planned and executed. Arvind, one of the prefects, realised that unknowingly the group had applied one of the principles of management while planning and executing the programme. He was so inspired by the success of the function, that he asked his father to apply the same principle in his business. His father replied that he was already using this principle.

a. Identify the principle of management applied for the success of the programme.
b. State any two features of management highlighted in the above paragraph.
c. Identify any two values which ‘Adharshila Vidyalaya’ communicated to the society

Explain the following principle of management.

Authority and Responsibility

Explain the following principles of management:

Co-operation, not Individualism

Organising involves a series of steps in order to achieve the desired goals

'Providing the social security and welfare of employees' is one of the specialised activities performed by Human Resource Management. Mention any two other specialised activities of Human Resource Management.

Answer the following question.
State the objective of ' Financial Management '.

Differentiate between ‘primary market’ and ‘secondary market’ on any five basis.

‘Maintaining labour relations and union-management relations’ is one of the specialised activities performed by Human Resource Management. Mention any two other specialised activities of Human Resource Management.