Business Studies Set-1
1. Significance of Principal of management highlighted here is optimum utilisation of resources.
* Principles of management help in optimum utilisation of resources by equipping managers to foresee the cause and effect relationship of their decisions and actions, as such the wastage associated with a trial and error approach can be overcome.
2. Policies and procedures are interlinked with each other. Procedures are steps to be carried out within a broad policy framework.
Policies and procedures are designed to influence and determine all major decisions and actions, and all activities take place within the boundaries set by them. Procedures are the specific methods employed to express policies in action in day-to-day operations of the organization
Or
Developing Premises: Planning is concerned with the future which is uncertain and every planner is using conjecture about what might happen in future.
3. The process of setting the standards needs constant analysis and revision depending upon external forces, plans, and internal performance.
Or
Controlling is forward looking because effective control is not possible without past being controlled. Controlling always look to future so that follow-up can be made whenever required.
4. Function of NGO for customer awairness - Educating the general public about consumer rights by organising training programmes, seminars and workshops.
5. Packaging refers to designing and developing the package for the products.
Or
An quality of good salesman is that he have complete knowledge about the self, product, and company.
6. Shareholders’ Preference: While declaring dividends, managements must keep in mind the preferences of the shareholders in this regard. If the shareholders in general desire that at least a certain amount is paid as dividend, the companies are likely to declare the same. There are always some shareholders who depend upon a regular income from their investments.
7. Measurement of performance of an employee [Step 2]
* Principles of management help in optimum utilisation of resources by equipping managers to foresee the cause and effect relationship of their decisions and actions, as such the wastage associated with a trial and error approach can be overcome.
2. Policies and procedures are interlinked with each other. Procedures are steps to be carried out within a broad policy framework.
Policies and procedures are designed to influence and determine all major decisions and actions, and all activities take place within the boundaries set by them. Procedures are the specific methods employed to express policies in action in day-to-day operations of the organization
Or
Developing Premises: Planning is concerned with the future which is uncertain and every planner is using conjecture about what might happen in future.
3. The process of setting the standards needs constant analysis and revision depending upon external forces, plans, and internal performance.
Or
4. Function of NGO for customer awairness - Educating the general public about consumer rights by organising training programmes, seminars and workshops.
5. Packaging refers to designing and developing the package for the products.
Or
An quality of good salesman is that he have complete knowledge about the self, product, and company.
7. Measurement of performance of an employee [Step 2]
8. Functional organisational
Business Studies Set-1
1. Confuses the Buyers: So many products are being advertised which makes similar claims that the
buyer gets confused as to which one is true and which one should be relied upon. [Marketing]
2. The fourth important element of marketing mix is the physical distribution of products and services. It is concerned with making the goods and services available at the right place, so that people can purchase the same.
Marketing management means management of the marketing function. In other words, marketing management refers to planning, organising, directing and control of the activities which facilitate exchange of goods and services between producers and consumers or users of products and services.
4. Division of work: Output can be increased by specialization, making employees more efficient.
5. Facilitating Price Discovery: The forces of demand and supply help to establish a price for a commodity or service in the market. In the financial market, the households are suppliers of funds and business firms represent the demand.
6. Campus Recruitment: Colleges and institutes of management and technology have become a popular source of recruitment for technical, professional and managerial jobs.
7. Strategy: A strategy provides the broad contours of an organisation’s business. It will also refer to future decisions defining the organisations direction and scope in the long run. [Chapter 4 Pg. 110]
8. Development Functions of SEBI
a. Training of intermediaries of the securities market.
b. Conducting research and publishing information useful to all market participants.
Or
A financial market helps to link the savers and the investors by mobilizing funds between them. In doing so it performs what is known as an allocative function.
Business Studies Set-3
1. Strategy: A strategy provides the broad contours of an organisation’s business. It will also refer to future decisions defining the organisations direction and scope in the long run. [Chapter 4 Pg. 110]
2. Development Functions of SEBI
a. Training of intermediaries of the securities market.
b. Conducting research and publishing information useful to all market participants.
Or
A financial market helps to link the savers and the investors by mobilizing funds between them. In doing so it performs what is known as an allocative function.
Marketing management means management of the marketing function. In other words, marketing management refers to planning, organising, directing and control of the activities which facilitate exchange of goods and services between producers and consumers or users of products and services.
5. Workforce analyses: A workforce analysis provides specific information about the current employment market, including the characteristics and demographics of the current workforce, retirement statistics, and employee turnover rates.
8. Campus Recruitment: Colleges and institutes of management and technology have become a popular source of recruitment for technical, professional and managerial jobs.
Business Studies Set-1
1. Confuses the Buyers: So many products are being advertised which makes similar claims that the
buyer gets confused as to which one is true and which one should be relied upon. [Marketing]
2. The fourth important element of marketing mix is the physical distribution of products and services. It is concerned with making the goods and services available at the right place, so that people can purchase the same.
Or
3. Workforce analyses: A workforce analysis provides specific information about the current employment market, including the characteristics and demographics of the current workforce, retirement statistics, and employee turnover rates.
Or
Selection: Selection is the process of choosing from among the pool of the prospective job candidates developed at the stage of recruitment.
4. Division of work: Output can be increased by specialization, making employees more efficient.
5. Facilitating Price Discovery: The forces of demand and supply help to establish a price for a commodity or service in the market. In the financial market, the households are suppliers of funds and business firms represent the demand.
6. Campus Recruitment: Colleges and institutes of management and technology have become a popular source of recruitment for technical, professional and managerial jobs.
7. Strategy: A strategy provides the broad contours of an organisation’s business. It will also refer to future decisions defining the organisations direction and scope in the long run. [Chapter 4 Pg. 110]
8. Development Functions of SEBI
a. Training of intermediaries of the securities market.
b. Conducting research and publishing information useful to all market participants.
Or
A financial market helps to link the savers and the investors by mobilizing funds between them. In doing so it performs what is known as an allocative function.
Business Studies Set-3
1. Strategy: A strategy provides the broad contours of an organisation’s business. It will also refer to future decisions defining the organisations direction and scope in the long run. [Chapter 4 Pg. 110]
2. Development Functions of SEBI
a. Training of intermediaries of the securities market.
b. Conducting research and publishing information useful to all market participants.
Or
A financial market helps to link the savers and the investors by mobilizing funds between them. In doing so it performs what is known as an allocative function.
3. Confuses the Buyers: So many products are being advertised which makes similar claims that the
buyer gets confused as to which one is true and which one should be relied upon. [Marketing]
buyer gets confused as to which one is true and which one should be relied upon. [Marketing]
4. The fourth important element of marketing mix is the physical distribution of products and services. It is concerned with making the goods and services available at the right place, so that people can purchase the same.
Or
5. Workforce analyses: A workforce analysis provides specific information about the current employment market, including the characteristics and demographics of the current workforce, retirement statistics, and employee turnover rates.
Or
Selection: Selection is the process of choosing from among the pool of the prospective job candidates developed at the stage of recruitment.
6. Division of work: Output can be increased by specialization, making employees more efficient.
7. Facilitating Price Discovery: The forces of demand and supply help to establish a price for a commodity or service in the market. In the financial market, the households are suppliers of funds and business firms represent the demand. The interaction between them helps to establish a price for the financial asset which is being traded in that particular market. A financial market is a market for the creation and exchange of financial assets.
6. Division of work: Output can be increased by specialization, making employees more efficient.
7. Facilitating Price Discovery: The forces of demand and supply help to establish a price for a commodity or service in the market. In the financial market, the households are suppliers of funds and business firms represent the demand. The interaction between them helps to establish a price for the financial asset which is being traded in that particular market. A financial market is a market for the creation and exchange of financial assets.
8. Campus Recruitment: Colleges and institutes of management and technology have become a popular source of recruitment for technical, professional and managerial jobs.
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