Principle's of Management (CBSE Class-12 Business-Studies): Questions 36 - 42 of 48

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Question number: 36

» Principle's of Management » Principle of Management

Appeared in Year: 2011

Short Answer Question▾

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What is meant by principles of management?

Question number: 37

» Principle's of Management » Principle of Management

Appeared in Year: 2010

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Volvo Ltd. ’s target is to produce 10, 000 shirts per month at a Cost of Rs. 100/- per shirt. The Production Manager achieved this target at a cost of Rs. 90/- per shirt. Do you think the ‘Production Manager’ is effective? Give one reason in support of your answer.

Question number: 38

» Principle's of Management » Principle of Management

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Give anyone reason why principles of management do not provide readymade solution to all managerial problems.

Question number: 39

» Principle's of Management » Principle of Management

Appeared in Year: 2010

Essay Question▾

Describe in Detail

(i) Name and explain the principle of management which requires judicious application of penalties by the management.

(ii) Name and explain the technique of scientific management which helps in establishing interchangeability of manufactured parts and products

Explanation

(i) Principle of management which requires judicious application of penalties by the management of an organization is called discipline. In this principle organization function is discipline.

It follows the rule. Management and workers both are honor and clear agreement with commitment.

(ii) The technique of scientific management which helps in… (23 more words) …

Question number: 40

» Principle's of Management » Principle of Management

Appeared in Year: 2011

Essay Question▾

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‘Determining the relative proportion of various types of funds depends upon various factors. ’ Explain any five such factors.

Explanation

Determining the relative proportion of various types of funds depends upon various factors it is known as choice of capital structure of organization. Its factors are given below: -

(1) Cash flow position: - The cash flow shows liquidity position of company. Company’s cash inflows and outflows. So, cash flow… (124 more words) …

Question number: 41

» Principle's of Management » Taylor's Scientific Management

Appeared in Year: 2011

Essay Question▾

Describe in Detail

Explain any two techniques of Taylor’s Scientific Management.

Explanation

The following techniques of Taylor’s scientific management:

(1) Time study: - In this technique Taylor highlighted need for setting time limit for completing a job. Help of time-measuring tools, considerable reading was taken for calculating average. This is determining number of workers to be employed for a particular project.

(2)… (45 more words) …

Question number: 42

» Principle's of Management » Principle of Management

Appeared in Year: 2011

Essay Question▾

Describe in Detail

What is meant by ‘Functional Structure’ of an organization? State any five advantages of this form of organizational structure.

Explanation

Functional structure means grouping functions of nature. Advantages of functional organization structure are given below: -

(1) Allows for specialization: - In this function of department of organization each department is formed on basis of similar functions and specialize in its work.

(2) Facilitates better coordination: - A functional structure… (68 more words) …

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