CBSE (Commerce) Class 12CBSE
Share
Notifications

View all notifications

NCERT solutions for Class 12 Business Studies chapter 2 - Principles of Management

Login
Create free account


      Forgot password?

Chapters

NCERT Business Studies Part - 1 Principles and Functions of Management Class - 12

Business Studies Part - 1 Principles and Functions of Management for Class - 12 - Shaalaa.com

Chapter 2: Principles of Management

Very Short AnswerShort AnswerLong Answer

NCERT solutions for Class 12 Business Studies Chapter 2 Exercise Very Short Answer [Page 65]

Very Short Answer | Q 1 | Page 65

what makes principles of management flexible ?

Very Short Answer | Q 2 | Page 65

State the main objective of time study.

Very Short Answer | Q 3 | Page 65

Name the principle that is an extension of the "harmony, not discord".

Very Short Answer | Q 4 | Page 65

State any two causes of fatigue that may create hindrance in the employee’s performance.

Very Short Answer | Q 5 | Page 65

SanakLal and Gagan started their career in Wales Limited (a printing press) after going through a rigorous recruitment process. Since they had no prior work experience, the firm decided to give them one year to prove themselves. Name the principle of management followed by Wales Limited.

Very Short Answer | Q 6 | Page 65

Which technique is used by Taylor for distinguishing efficient and inefficient workers?

NCERT solutions for Class 12 Business Studies Chapter 2 Exercise Short Answer [Page 65]

Short Answer | Q 1 | Page 65

How is the Principle of ‘Unity of Command’ useful to management? Explain briefly.

Short Answer | Q 2 | Page 65

Define scientific management. State any three of its principles.

Short Answer | Q 3 | Page 65

If an organisation does not provide the right place for physical and human resources in an organisation, which principle is violated? What are the consequences of it?

Short Answer | Q 4 | Page 65

Explain any four points regarding significance of principles of management.

Short Answer | Q 5 | Page 65

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

Short Answer | Q 6 | Page 65

A production manager at top level in a reputed corporate, Mr. Rathore holds the responsibility for ordering raw material for the firm. While deciding on the supplier for the financial year 2017-18, he gave the order to his cousin at
a higher price per unit instead of the firm’s usual supplier who was willing to lower the rates for the order. Which principle of management was violated by Mr. Rathore? What are the positive impacts of following the above identified principle?

NCERT solutions for Class 12 Business Studies Chapter 2 Exercise Long Answer [Page 66]

Long Answer | Q 1 | Page 66

Explain the Principles of Scientific management given by Taylor.

Long Answer | Q 2 | Page 66

Explain the following Principles of management given by Fayol with examples:
a. Unity of direction
b. Equity
c. Espirit de corps
d. Order
e. Centralisation and decentralization
f. Initiative

Long Answer | Q 3 | Page 66

Explain the technique of ‘Functional Foremanship’ and the concept of ‘Mental Revolution’ as enunciated by Taylor.

Long Answer | Q 4 | Page 66

Discuss the following techniques of Scientific Work Study:
a. Time Study
b. Motion Study
c. Fatigue Study
d. Method Study
e. Simplification and standardisation of work

Long Answer | Q 5 | Page 66

Discuss the differences between the contributions of Taylor and Fayol.

Long Answer | Q 6 | Page 66

Discuss the relevance of Taylor and Fayol’s contribution in the contemporary business environment.

Long Answer | Q 7 | Page 66

Bhasin’ limited was engaged in the business of food processing and selling its products under a popular brand. Lately the business was expanding due to good quality and reasonable prices. Also with more people working the market for processed food was increasing. New players were
also coming to cash in on the new trend. In order to keep its market share in the short run the company directed its existing workforce to work overtime. But this resulted in many problems. Due to increased pressure of work the efficiency of the workers declined. Sometimes the subordinates had
to work for more than one superior resulting in declining efficiency. The divisions that were previously working on one product were also made to work on two or more products. This resulted in a lot of overlapping and wastage. The workers were becoming indisciplined. The spirit of teamwork, which
had characterized the company, previously was beginning to wane. Workers were feeling cheated and initiative was declining. The quality of the products was beginning to decline and market share was on the verge of decrease. Actually the company had implemented changes without creating the required infrastructure.

a. Identify the Principles of Management (out of 14 given by Henry Fayol) that were being violated by the company.

b. Explain these principles in brief.

c. What steps should the company management take in
relation to the above principles to restore the company
to its past glory?

Long Answer | Q 8 | Page 66

(Further information related to the above question 6) The management of company Bhasin Limited now realised its folly. In order to rectify the situation it appointed a management consultant -Mukti Consultants - to recommend a restructure plan to bring the company back on the rails. Mukti Consultants undertook a study of the production= process at the plant of the company Bhasin Limited and recommended the following changes —
• The company should introduce scientific management with regard to production.
• Production Planning including routing, scheduling, dispatching and feedback should be implemented.
• In order to separate planning from operational management ’Functional foremanship’ should be
introduced.
• ‘Work study’ should be undertaken to optimise the use of resources.
• ‘Standardisation’ of all activities should be implemented to increase efficiency and accountability.
• To motivate the workers ‘Differential Piece Rate System’ should be implemented.
(The above changes should be introduced apart from the steps recommended as an answer to Part c - case problem 6 above.)

Chapter 2: Principles of Management

Very Short AnswerShort AnswerLong Answer

NCERT Business Studies Part - 1 Principles and Functions of Management Class - 12

Business Studies Part - 1 Principles and Functions of Management for Class - 12 - Shaalaa.com

NCERT solutions for Class 12 Business Studies chapter 2 - Principles of Management

NCERT solutions for Class 12 Business Studies chapter 2 (Principles of Management) include all questions with solution and detail explanation. This will clear students doubts about any question and improve application skills while preparing for board exams. The detailed, step-by-step solutions will help you understand the concepts better and clear your confusions, if any. Shaalaa.com has the CBSE Business Studies Part - 1 Principles and Functions of Management for Class - 12 solutions in a manner that help students grasp basic concepts better and faster.

Further, we at Shaalaa.com provide such solutions so that students can prepare for written exams. NCERT textbook solutions can be a core help for self-study and acts as a perfect self-help guidance for students.

Concepts covered in Class 12 Business Studies chapter 2 Principles of Management are Principles of Taylor’s Scientific Management, Standardisation and Simplification of Work, Techniques of Taylor’s Scientific Management, Concept of Principles of Management, Significance of Principles of Management, Fayol’s Principles of Management.

Using NCERT Class 12 solutions Principles of Management exercise by students are an easy way to prepare for the exams, as they involve solutions arranged chapter-wise also page wise. The questions involved in NCERT Solutions are important questions that can be asked in the final exam. Maximum students of CBSE Class 12 prefer NCERT Textbook Solutions to score more in exam.

Get the free view of chapter 2 Principles of Management Class 12 extra questions for Business Studies and can use Shaalaa.com to keep it handy for your exam preparation

S
View in app×