CBSE Class-12 Business-Studies: Questions 296 - 303 of 442

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Question number: 296

» Nature and Significance of Management » Management Functions

Appeared in Year: 2010

Essay Question▾

Describe in Detail

State any five functions of ‘Stock Exchange’.

Explanation

Functions of stock exchange are given below: -

(1) Providing liquidity and marketability to existing securities: -

This is basic function of stock exchange. It provides platform for securities. It ties connection between savers and investors. Investor provides non-investing and reinvesting securities.

(2) Helps determines with price: - In stock… (92 more words) …

Question number: 297

» Marketing Management » Marketing Mix » Physical Distribution

Appeared in Year: 2011

Essay Question▾

Describe in Detail

Reena purchased one liter of pure Deshi Ghee from a shopkeeper. After using it she had a doubt that it is adulterated. She sent it for a laboratory test which confirmed that the Ghee is adulterated. State any six reliefs available to Reena, if her complaints and the consumer court is satisfied about the genuineness of the complaint.

Explanation

Reena complaints and the consumer court is satisfied about the genuineness of the complaint is given below: -

(1) Replacement of the defective product with new.

(2) Refund of money paid by Reena.

(3) Termination of manufacture of defective product.

(4) Reasonable amount of compensation

(5) To withdraw the infected… (12 more words) …

Question number: 298

» Planning » Concept, Importance and Limitations

Appeared in Year: 2010

Essay Question▾

Describe in Detail

Explain “Policy” and “Procedure” as types of plans.

Explanation

  • Policy: - Policies are expressed to guide an organization in a particular direction. They help channel efforts of all employees of an organization and objectives are attained on time. They provide interpretation of strategies and define broad parameters for the functions of management.
  • Procedure: - Procedures are basically the routine… (28 more words) …

Question number: 299

» Management and Business Environment » Impact of Government Policy Changes

Appeared in Year: 2010

Essay Question▾

Describe in Detail

Explain any five impacts of Government Policy changes on Business and Industry in India.

Explanation

Impacts of Government Policy changes on Business and Industry in India is given below:

(1) Increasing competition: - Competition increases in business and industry for example airlines, banking etc. In industries license and elimination so, competition has increased.

(2) More Demanding customers: - When competition increases then customer choice is… (56 more words) …

Question number: 300

» Planning » Concept, Importance and Limitations

Appeared in Year: 2007

Essay Question▾

Describe in Detail

Explain how does planning help reducing uncertainties?

Explanation

  • In organization in right direction it accredits its managers to analyze and anticipate changes. It leads to reduction in uncertainty of events.
  • Planning shows how to deal with situations which may arise in course of management. It does not fully eliminate the problems.
  • Planning is activity it enables manager to… (32 more words) …

Question number: 301

» Marketing Management » Marketing Management Philosophies

Appeared in Year: 2010

Essay Question▾

Describe in Detail

What is meant by ‘Production concept’ of marketing?

Explanation

  • Production concept of marketing focus of a business. It should be increasing the production of goods. It is assumed that producing goods on a large scale decrease the average cost of production and increases profits.
  • It is also believed that the demand for a product always exceeds its
  • Supply and… (24 more words) …

Question number: 302

» Financial Markets » Money Market and Its Instruments

Essay Question▾

Describe in Detail

What is meant by ‘money market’? Briefly explain the concept of ‘call money’.

Explanation

Money market: - Money market is market where transaction are made in securities which are in form of money up to one year.

Call money: - Call money is also known as Call loans. Call money is loan document payment made at short notice by borrower. Maturity period of loan… (43 more words) …

Question number: 303

» Management and Business Environment » Business Environment

Appeared in Year: 2011

Essay Question▾

Describe in Detail

“If we delegate the authority, we multiply it by two, if we decentralize it, we multiply it by many. ” In the light of this statement explain any four points of importance of decentralization.

Explanation

Delegation indicates transfer of authority from official to his or her assistants. Authority is multiplied by two it is transfer by boss to the assistants.

Importance of decentralization factors are given below: -

(1) Initiative: - Decentralization allows them to make their own decision. It gives higher degree to take… (83 more words) …

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