Principle's of Management-Principle of Management (CBSE Class-12 Business-Studies): Questions 18 - 24 of 26

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Question number: 18

» Principle's of Management » Principle of Management

Short Answer Question▾

Write in Short

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

Question number: 19

» 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: 20

» Principle's of Management » Principle of Management

Appeared in Year: 2011

Essay Question▾

Describe in Detail

‘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: 21

» 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) …

Question number: 22

» Principle's of Management » Principle of Management

Appeared in Year: 2012

Essay Question▾

Describe in Detail

Explain any three qualities of good leader.

Explanation

Qualities of a good leader are given below: -

(1) Honesty: - A Good leader maintains high degree of honesty and value at work. He is always sincere and follow defined set of ethics.

(2) Intelligence: - He has good presence of mind and knowledge and should be competent enough… (49 more words) …

Question number: 23

» Principle's of Management » Principle of Management

Appeared in Year: 2012

Essay Question▾

Describe in Detail

Explain hoe principles of management:

(i) Provide useful insight into reality and

(ii) Help in thoughtful decision making.

Explanation

The principles of management provide the following benefits.

(1) Useful insight into reality: - The principles of management are based on years of experimentation and experience. They add to knowledge of managers and guide them in understanding business situation in all possible manners.

(2) Helpful assistance in making thoughtful decisions:… (24 more words) …

Question number: 24

» Principle's of Management » Principle of Management

Appeared in Year: 2012

Essay Question▾

Describe in Detail

Choice of channels of distribution depends on various factors. Explain any four factors which affect the choice of channels of distribution.

Explanation

Following factors that determine choice of channels of distribution

(1) Product type: - Choice of distribution is based on type of product. The product is consumable and non-consumable. If product is consumable then short channels should be used rather than long. If product has low unit value then longer channel… (96 more words) …

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