CBSE Class-12 Business-Studies: Questions 405 - 414 of 442
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Question number: 405
» Management and Business Environment » Business Environment
Appeared in Year: 2012
Describe in Detail
State any five features of ‘Business Environment’.
Explanation
1. Totality of External Forces: The business environment is the sum total of all individuals, institutions and other forces that are outside the control of a business enterprises.
2. Dynamic Nature: Business environment is dynamic in nature as it keeps on changing.
3. Specific and General Forces: Business environment includes… (39 more words) …
Question number: 406
» Nature and Significance of Management » Concept of Management
Appeared in Year: 2012
Write in Short
Identify the nature of management when it is said to be a systematized body of knowledge that explains certain general truths.
Question number: 407
» Consumer Protection » Comsumer Awareness
Appeared in Year: 2012
Describe in Detail
Explain the following ‘Rights of Consumers’:
(A) Right to safety and
(B) Right to consumer Education
Explanation
(A) Right to safety: - Consumer has right to safeguarded against goods and services. For example manufacturing defects in electrical appliances, cooking gas cylinders can be injurious to life and health. So, consumer has right to be protected against the harm.
(B) Right to consumer education: - The right to… (30 more words) …
Question number: 408
» Controlling » Concept & Importance
Appeared in Year: 2012
Describe in Detail
What is meant by ‘Motivation’? Explain Maslow’s need hierarchy theory of motivation.
Explanation
Motivation implies encouraging and including employees to perform best of their capabilities to achieve desired goals of organization.
Maslow’s need hierarchy theory provides that knowledge of these needs manger to understand behavior of employees.
Assumptions: -
Maslow’s theory is based on following assumption: -
- People’s need influences their behavior.
- Individual… (105 more words) …
Question number: 409
» Organising » Decentralization
Appeared in Year: 2012
Describe in Detail
What is meant by ‘Decentralization’? State any four points of importance of decentralization.
Explanation
Decentralization refers the dispersal of decision making power. This policy depends on the organization as it chooses to be centralized or decentralized depending on its objectives.
Importance of decentralization is given below: -
(1) Initiative: - Decentralization gives freedom to lower managerial levels it follows managers to take their own… (86 more words) …
Question number: 410
» Controlling » Steps in the Process of Control
Write in Short
Which two steps in the process of control are concerned with compelling events to confirm to the plan?
Question number: 411
» Financial Markets » Concept and Types
Appeared in Year: 2012
Write in Short
What is meant by ‘Informal communication’?
Question number: 412
» Management and Business Environment » Business Environment
Describe in Detail
Explain with the help of one example each how Political Environment’ and ‘Legal Environment’ affect the functioning of a business enterprise.
Explanation
Political Environment: Changes in political situation affect business organizations.
Political Environment includes political conditions as given below: -
- Stability: - Political stability builds confidence business community white political unpredictability and bad law order situation bring in business activities.
- Peace: - Political environment has immediate and great impact on the business… (57 more words) …
Question number: 413
» Management and Business Environment » Business Environment
Write in Short
What is meant by ‘Promotion Mix’?Question number: 414
» Organising » Types of Organization
Appeared in Year: 2012
Describe in Detail
What is meant by ‘Informal organization’? State the features of Informal organization.
Explanation
- Informal organization denotes network of social relationship that arises personal interaction between the employees of an organization.
- This originates from formal organization when employees interact outside their role. When employee with different job profile in organization interact with one another.
- Features of informal organization are given below: -
(1) They… (35 more words) …