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What is formal organisation

Posted by Akash Seshadri 5 years, 2 months ago

CBSE > Class 12 > Business Studies

1 answers

Priyanshi Meghrani 5 years, 2 months ago

formal organisation is an organisation which is intentionally form by manager for the pupose of achieving organisation goal .

ANSWER

"Directing is the heart of management ." Do you agree with this statement? Give reasons to support your answer.

Posted by Chinmayee Sarma 5 years, 2 months ago

CBSE > Class 12 > Business Studies

2 answers

Yashika Mittal 5 years, 1 month ago

Yes because of these following reasons • directing helps to integrate action by people in the organisation towards attainment of desired goals. •it integrates employee effort in tje organisation in such a manner that it contribute to the organisational performance •it guides employees to realise their potential though effective communication motivation •it facilitate introduction of needed changes •it helps to bring stablity and balance

Priyanshi Meghrani 5 years, 2 months ago

yes

ANSWER

Give the meaning of 'method' as plan

Posted by Sachin Yadav 5 years, 2 months ago

CBSE > Class 12 > Business Studies

1 answers

Chinmayee Sarma 5 years, 2 months ago

Method is a standing plan and its is a formalised or systematic way of doing routine or repetitive jobs. Method can be defined as the common way of doing a job in advance. Method removes doubt from the minds of employees for doing a job. It brings uniformity in the actions of the employees. It helps in applying the techniques of standardisation and simplification of acts as a guide to employees and specifies the different steps to be done by them. Method helps in saving time, money of thr organisation and increase efficiency of employees. E.g., method of charging depreciation, methods of valuation of stock, method of charging interest etc.

ANSWER

What Is Meant By political Environment of Business

Posted by Anil Kumar 5 years, 2 months ago

CBSE > Class 12 > Business Studies

1 answers

Sakshi Sharma 5 years, 2 months ago

The political environment of business are the political factors that can affect the way in which businesses operate, the businesses that are present, the obstacles that a business may face, and the likelihood of success of different types of businesses. The political environment is the government actions which affect the operations of a company or business. These actions can be present on several different levels including the local, state, regional.

ANSWER

Write the full form of voice, CERS, SPC, CGSL, CUTS

Posted by Harsh Bhadana 5 years, 2 months ago

CBSE > Class 12 > Business Studies

1 answers

Sakshi Sharma 5 years, 2 months ago

* Voluntary Organisation in Interest of Consumer Education * Centre for Relationship Marketing and Service Management * statistical process control * Consumer Unity & Trust Society

ANSWER

Vimal Cloth Ltd. was manufacturing only fabrics. After having great success in fabric business the directors of Vimal Cloth Ltd. acquired three new manufacturing units and started selling multi-products in market.(Electronics,Mobile phone,Cements). They decided that an individual who has capability and competence to handle responsibility would head each unit. The vacant position will be filled by women candidate only. 5 (a) State the type of organisation structure Vimal Cloth Ltd. have followed as a producer of single product. (b) Suggest which type of organisational structure Director must adopt now and explain its advantages.

Posted by Abhi Singh 5 years, 2 months ago

CBSE > Class 12 > Business Studies

1 answers

Niyati Mehrotra 5 years, 2 months ago

(a) Functional Structure (b)Divisional Structure Advantages: Product Specialisation Promotes flexibility & intiative Proper basis of performance measurement Facilitataes growth and expansion

ANSWER

Explain the importance of business environment?

Posted by Maanvi Chouhan? 5 years, 2 months ago

CBSE > Class 12 > Business Studies

1 answers

Yogita Ingle 5 years, 2 months ago

1. Identification of opportunities to get first mover advantage: Understanding of business environment helps an organization in identifying advantageous opportunities and getting their benefits prior to competitors, thus reaping the benefits of being a pioneer.

2. Identification of threats: Correct knowledge of business environment helps an organization to identify those threats which may adversely affect its operations. For example, Bajaj Auto made considerable improvements in its two wheelers when Honda & other companies entered the auto industry.

3. Tapping useful resources: Business environment makes available various resources such as capital, labour, machines, raw material etc. toa business firm. In order to know the availability of resources and making them available on time at economical price, knowledge of business environment is necessary.

4. Coping with Rapid changes: Continuous study/scanning of business environment helps in knowing the changes which are taking place and thus they can be faced effectively.

5. Assistance in planning and policy formulation: Understanding and analysis of business environment helps an organization in planning &policy formulation. For example, ITC Hotels planned new hotels in India after observing boom in tourism sector.

ANSWER

Difference between training and education

Posted by Prithvi Raj 5 years, 2 months ago

CBSE > Class 12 > Business Studies

1 answers

Yogita Ingle 5 years, 2 months ago

1. Education focuses on creating lifelong independent thinkers whereas training focuses on skills sought after by employers.
2. Training has its roots in the guild system while education’s origins lie in universities.
3. Training uses textbooks and prescriptive methods.
4. In today’s universities highly specialized areas of training are being passed off as education.

ANSWER

Why controling is blind without planning

Posted by Kajal Jha 5 years, 2 months ago

CBSE > Class 12 > Business Studies

2 answers

Yatin Rao 5 years, 2 months ago

Because controling can not be done without planning

Anita Agrawal 5 years, 2 months ago

Because without planning controling can not be done

ANSWER

At which level of management is planning done?

Posted by A Platform 5 years, 2 months ago

CBSE > Class 12 > Business Studies

2 answers

Anita Agrawal 5 years, 2 months ago

Top only Because it is main work Which is done by mangaer

Mahendra Mehra 5 years, 2 months ago

Top level

ANSWER

Swach Bharat Abhiyan started by government of India is an example of which type of plan

Posted by Kartik Srivastava 5 years, 2 months ago

CBSE > Class 12 > Business Studies

2 answers

Anita Agrawal 5 years, 2 months ago

Programe

Limelight * 5 years, 2 months ago

Programme

ANSWER

'Successfull organisation do not achieve their goal by chance but following a deliberate process'. Identify the process highlight here

Posted by Shreya Singh 5 years, 2 months ago

CBSE > Class 12 > Business Studies

4 answers

Yashika Mittal 5 years, 1 month ago

Importance of management

Raja Yadav 5 years, 2 months ago

Management

Gaurav Seth 5 years, 2 months ago

Explanation:

Organizations achieve goals through management:

Management helps with making sure that all the resources of the organization are properly used and that there is no wastage.

Management also enables the organization to achieve its set objectives

Management also enables achievement of personnel objectives

With proper, good and professional management the end result will be development and prosperity of the society

Gaurav Seth 5 years, 2 months ago

Question. “Successful organizations do not achieve their goals by chance but by following a deliberate process”. Identify the process highlighted here.

Solution.

Process highlighted in the statement is ‘Management’.

ANSWER

what do u mean by supervision

Posted by Ankit Sikarwar 5 years, 2 months ago

CBSE > Class 12 > Business Studies

2 answers

Aayushi Narang 5 years, 2 months ago

Supervision is a process which excites the subordinate to do work for attainment of the organisation objective.

Sakshi Sharma ??️??️??️ 5 years, 2 months ago

Supervision is defined as an overseeing and observing the activities of subordinates.

ANSWER

The management of tripura x lmtd has decided that all orders.....

Posted by Ruchi Mittal 5 years, 2 months ago

CBSE > Class 12 > Business Studies

1 answers

Sakshi Sharma ??️??️??️ 5 years, 2 months ago

Write the full question

ANSWER

What is floatation cost

Posted by Mukul Jangid 5 years, 2 months ago

CBSE > Class 12 > Business Studies

3 answers

Harsh Malik 5 years, 2 months ago

Flotation cost is that cost when we issue securities that type of expenses is called flotation cost

Sakshi Sharma ??️??️??️ 5 years, 2 months ago

Flotation costs are incurred by a publicly traded company when it issues new securities, and includes expenses such as underwriting fees, legal fees and registration fees.

Manish . 5 years, 2 months ago

mkk

ANSWER

what is Lay off

Posted by Ankit Sikarwar 5 years, 2 months ago

CBSE > Class 12 > Business Studies

2 answers

Sakshi Sharma ??️??️??️ 5 years, 2 months ago

What's the need

Sakshi Sharma ??️??️??️ 5 years, 2 months ago

A layoff is the termination of the employment status of a hired worker

ANSWER

Meaning of planning

Posted by Inder Baghel 5 years, 2 months ago

CBSE > Class 12 > Business Studies

2 answers

Uttam Rathod 5 years, 2 months ago

Planing is a process in which a pepol deciding a work that what to do , how to do and whom to done

Pankaj Kumar 5 years, 2 months ago

Planning means deciding in advance what to do how to do and who have to do that

ANSWER

The co. Adopted a pholisophy that implies Selective dispersal of authority because it propagates the belief that people are competent , capable and resouceful . Is it delegation or decentralisation ?

Posted by Mudit Rajwanshi 5 years, 2 months ago

CBSE > Class 12 > Business Studies

2 answers

Ankit Sikarwar 5 years, 2 months ago

12 lakh fom and 12lakh from B

Sabarno Ghosh 5 years, 2 months ago

Decentralisation

ANSWER

Hari insures his house against theft for 20 lakhs with insurer A and for 10 lakhs with insurer B he suffers loss of 12 lakhs. How much compensation can he claim for both insurers? give reason.

Posted by Riya Riya 5 years, 2 months ago

CBSE > Class 12 > Business Studies

2 answers

Harsh Malik 5 years, 2 months ago

The balance wikk be 18 lakh For A- 9 lakh For B- 9lakh

Sabarno Ghosh 5 years, 2 months ago

12 lakhs from A 10 lakhs from B

ANSWER

What is the meaning of deligation of authority?

Posted by Vishal Kumar 5 years, 2 months ago

CBSE > Class 12 > Business Studies

1 answers

Yogita Ingle 5 years, 2 months ago

Meaning: Delegation of authority is the process of entrusting responsibility and authority, and creating accountability of the person to whom work or responsibility has been handed over.

Process: The three elements, i.e., responsibility, authority and accountability of delegation process are completed in the following serial order: Assigning Responsibility → Granting Authority → Fixing Accountability
(i) Assigning Responsibility: The first step in the delegation process is assigning responsibility. Often, no officer is capable to the extent that he can perform all activities on his own. For his successful work performance he divides the whole job. In this way, he keeps critical/crucial/significant jobs for himself and delegates the rest to his subordinates. While assigning job/responsibility to the subordinates, their capability and skill are kept in mind. For example, a finance manager keeps the job of financing for himself and delegates rest of the jobs like-Accounting, Data Collection, etc. to his subordinates.
(ii) Granting Authority: The second step in the delegation process is granting authority for successful work performance. Assigning responsibility without authority to the subordinates is meaningless. Thus, all needed authorities should be delegated for the fulfilment of a responsibility. For example, when a chief manager delegates responsibility of Purchase Department to the Purchase Manager, then he gives authority to the purchase manager like purchasing raw-material, stocking inventory, division of work among his subordinates, etc.
(iii) Fixing Accountability: The last step in the delegation process is to hold subordinates accountable for their work performance. Every subordinate is just accountable to that officer who delegates authority for the fulfilment of job/responsibility. Accountability means, justification demanded by the superior for the work performance.

ANSWER

State one difference between equity shares and prefernce shares with respect to voting shares

Posted by Riya Riya 5 years, 2 months ago

CBSE > Class 12 > Business Studies

3 answers

Priya Shah 5 years, 2 months ago

Preference shareholders have right to vote in special cases

Priya Shah 5 years, 2 months ago

No

Nikunj Sarda 5 years, 2 months ago

Equity shares holder have right to guve vote whereas preference share did not

ANSWER

Name the form of business apt for the following: A) Boutique store B) shopping mall C) wholesale merchants

Posted by Riya Riya 5 years, 2 months ago

CBSE > Class 12 > Business Studies

0 answers

ANSWER

Dharma requires rupees 1lakh to start his own business.In terms of business what is this 1 lakh called?

Posted by Riya Riya 5 years, 2 months ago

CBSE > Class 12 > Business Studies

3 answers

Sumit Sah 3 years, 7 months ago

capital

Riya Riya 5 years, 2 months ago

Can we write cash in place of capital

Priya Shah 5 years, 2 months ago

Capital

ANSWER

Functional foremanship ??

Posted by Priya Shah 5 years, 2 months ago

CBSE > Class 12 > Business Studies

2 answers

Sakshi Sharma ??️??️??️ 5 years, 2 months ago

Functional foremanship is a technique which involves supervision of a worker by several specialist foremen. This concept is the opposite of the principle of unity of command propounded by Henry Fayol

Ankit Sikarwar 5 years, 2 months ago

Appointment of specialised persons for plannig department and production department

ANSWER

In Manik ltd.selection process is fair, scientific and standardised.Competent,ladorious employees h with good work culture are selected.As a result, subordinate are efficient, responsible and take initiative in every activity.Which kind of leadership style would be suitable in manik ltd.

Posted by Trilok Singh 5 years, 2 months ago

CBSE > Class 12 > Business Studies

1 answers

Priya Shah 5 years, 2 months ago

Democratic

ANSWER

Best book for business study class 12th

Posted by Clash With Aayush 5 years, 2 months ago

CBSE > Class 12 > Business Studies

6 answers

Priya Dubey 5 years, 2 months ago

Poonam Gandhi

Sakshi Sharma ??️??️??️ 5 years, 2 months ago

Its Poonam gandhi not Poonam ganghi

Ankit Sikarwar 5 years, 2 months ago

poonam ganghi

Aarti Aarti 5 years, 2 months ago

Rk singla

Sakshi Sharma 5 years, 2 months ago

It's Poonam Gandhi & NCERT

Ark Chandel 5 years, 2 months ago

Sandeep Garg and NCERT

ANSWER

Supervosion

Posted by Rajan Tiwari 5 years, 2 months ago

CBSE > Class 12 > Business Studies

2 answers

Sakshi Sharma ??️??️??️ 5 years, 2 months ago

Yes it is deleted from the syllabus

Aarti Aarti 5 years, 2 months ago

Deleted from syllabus

ANSWER

Paper pattern of 2019

Posted by Dimple Chauhan 5 years, 2 months ago

CBSE > Class 12 > Business Studies

0 answers

ANSWER

I got 20 marks out of 40 in school's interne exam in Business Studies Can anyone help me in finding good way to study BST after this frustration

Posted by Harsh Rana 5 years, 2 months ago

CBSE > Class 12 > Business Studies

3 answers

Aaid Jainism 5 years, 2 months ago

Understand the concept

Astha Gupta 5 years, 2 months ago

What all u have to do is to first read the chapter and understand it ........if any doubts then clear it then u have to learn all the main headings of the chapter with the explanation .......... Because business is a theory subject so there should be proper headings and explanation..............

Suraj Garg 5 years, 2 months ago

You are give focusOn mainly case study .you will clear all points and daily revise them.

ANSWER

Controlling means

Posted by Pooja Kannaujiya 5 years, 2 months ago

CBSE > Class 12 > Business Studies

2 answers

Priya Shah 5 years, 2 months ago

It means bringing the actual results closer to desire results.comparing actual results with desired results if there is problem in achieving objective then controlling will be madea

Sukhdeep Kaur ❤ 5 years, 2 months ago

This is the process of determining what is to be accomplished; what is being accomplished; evaluating the performance; and if necessary, adopting corrective measures.

ANSWER

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