CBSE Class-12 Business-Studies: Questions 340 - 346 of 442

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Question number: 340

» Marketing Management » Marketing Mix » Product (Branding, Labelling & Packing)

Appeared in Year: 2011

Essay Question▾

Describe in Detail

Prakhar purchased an ISI mark electric iron from ‘Bharat Electricals’. While using he found that it was not working properly. He approached the seller and complained for the same. The seller satisfies Prakhar by saying that he will ask the manufacturer to replace this iron. The manufacturer refused to replace and Bharat Electricals decided to file a complaint in the consumer court. Can ‘Bharat Electricals’ do this? Why? Also explain ‘who is a consumer’ as per Consumer Protection Act, 1986.

Explanation

  • No Bharat Electricals cannot file complaint in the consumer court because it is not consumer. According to the Consumer Protection act consumer is any person who buys any goods. It has been paid under any scheme of behind payment.
  • It includes any user of such goods when such use is… (49 more words) …

Question number: 341

» Organising » Organizing Process

Appeared in Year: 2011

Essay Question▾

Describe in Detail

What is meant by ‘Formal Organization’? State any five advantages of this form of organization.

Explanation

Formal organization is system of rules and regulations that specify boundary of authority. It’s advantages are given below: -

(1) Specification of authority: - Organizational structure define authorities and responsibilities. It identifies working relationships and it build healthy working environment.

(2) Achievement of organizational objectives: - Organizational structure states procedure… (78 more words) …

Question number: 342

» Management and Business Environment » Business Environment

Essay Question▾

Describe in Detail

Differentiate between ’management’ and ’administration’.

Explanation

Differentiate between management and administration.

In detail Differentiate between management and administration.

Characteristics

Management

Administration

Definition

It is concerned with formulation of plans, policies and objectives.

It is concerned with implementation of plans and policies.

Function

It is thinking function.

It is doing function.

Level management

Top level management.

Middle… (12 more words) …

Question number: 343

» Management and Business Environment » Business Environment

Appeared in Year: 2010

Short Answer Question▾

Write in Short

“ Cost of debt” is lower than the cost of “Equity share capital”. Give reason why even then a company cannot work only with the debt.

Question number: 344

» Planning » Concept, Importance and Limitations

Appeared in Year: 2010

Essay Question▾

Describe in Detail

What is meant by ‘Planning’? List any two features of planning.

Explanation

Planning denotes to the psychological process of thinking and deciding about ‘what is to be done’ and ’how

It is to be done’.

Planning is defined process of setting aims formulating courses of action

Correct in order to attain the set goals.

The following are two features of planning.

(i)… (68 more words) …

Question number: 345

» Organising » Structure of Organization

Essay Question▾

Describe in Detail

Briefly explain the considerations that need to be kept in mind while designing the organizational structure of a company.

Explanation

Organization structure of relationships between various position of enterprise and structural frame work of duties. Mechanism for carrying out function.

the organizational structure of a company

The Organizational Structure of a Company

This image is of the organizational structure of a company

  • In this in organization two or more persons are system of cooperative relationship of… (44 more words) …

Question number: 346

» Controlling » Concept & Importance

Appeared in Year: 2010

Essay Question▾

Describe in Detail

Explain any four points highlighting the importance of controlling.

Explanation

The importance of controlling is given below: -

(1) Achieving organizational goals: - Controlling organizational goals is indicating the deficiencies and corrective actions. It helps an organization to move in the right direction, helping it to attain its goals.

(2) Evaluating the standards: - Controlling and judging the accuracy of… (83 more words) …

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