Principle's of Management-Principle of Management [CBSE (Central Board of Secondary Education) Class-12 Business-Studies]: Questions 10 - 17 of 27

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Question 10

Describe in Detail Subjective▾

What is meant by a ‘Primary Market’ ? Briefly explain the concept of ‘Initial Public Offer.’

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Explanation

Primary market:- Primary market is the market the new securities are sold by the company to invest through an intermediary.

Initial Public Offer is the first time sale of securities by a company. The initial public offer can be made through any of the following methods:

(a) Public issue through prospectus: In this method the company wanting to raise …

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Question 11

Describe in Detail Subjective▾

Explain in brief the term ‘Liberalization’ . In what ways have the Indian business houses/managements responded to this change?

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Explanation

Liberalization means removing unproductive and unnecessary controls on economic activities. Indian business houses/managements have responded to these change…

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Question 12

Appeared in Year: 2011

Describe in Detail Subjective▾

Explain the role of supervision as an element of directing function of management.

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Explanation

Supervision denotes process of guiding and instructing subordinates to achieve the goals. It involves and inspecting subordinates work.

The role of supervision can be understood by understanding the following functions of supervisor.

(1) Act as a link:- Supervisor act as link between manager and workers. Management communicates its ideas and policies…

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Question 13

Write in Short Short Answer▾

Mohan, a manager expects his subordinates to adapt to the new environment and working conditions without giving them time to settle down. Which principle of management is being overlooked and why?

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Question 14

Describe in Detail Subjective▾

What is meant by ‘Work Study’ ? Briefly explain the role of ‘Time’ and ‘Motion’ studies while setting the Standard Task.

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Explanation

Work Study means detailed study of each and every aspect of job and includes time study, motion study, fatigue study and method study

Role of Time Study is to:

1. Determine the standard time taken to perform job in the organization.

2. Determine the number of workers to be employed.

3. To frame suitable incentive schemes

4. Determine labor costs

Role of …

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Question 15

Describe in Detail Subjective▾

State with reasons your choice of a media of advertising for selling of toys.

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Explanation

Any of the television/magazines/newspapers/radio/outdoor:

The reasons for choice of med…

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Question 16

Appeared in Year: 2011

Write in Short Short Answer▾

What is meant by principles of management?

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Question 17

Appeared in Year: 2010

Write in Short Short Answer▾

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

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