CBSE > Class 12 > Business Studies | CBSE Board | Homework Help

The principle of cooperation not individualism says that competition should be replaced by cooperation worker and managers should understand that they both need each other for the achievement of tge common as well as personal goals. Manager should treat worker well and should reward them for their fruitful suggestions at the same time workers should give their best to the frim and should resist going on strikes. There should also be equal division of work and responsibilities between workers and Managers.

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Fayol principal of equity and order can be applied in actual work of situation. Do you agree

Posted by Garima Jawla 5 years, 8 months ago

CBSE > Class 12 > Business Studies

1 answers

Honey 8 5 years, 8 months ago

Yes. It can be

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What is meant by flexibility of management

Posted by Garima Jawla 5 years, 8 months ago

CBSE > Class 12 > Business Studies

0 answers

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Guys plz tell the concepts of directing chapter i get confused in concept dat what r the concept

Posted by Pallavi Garg 5 years, 8 months ago

CBSE > Class 12 > Business Studies

3 answers

Pallavi Garg 5 years, 8 months ago

Yl concepts jo case study m identify krne k liye bolte h vo bolri k

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Himanshu Juyal 5 years, 8 months ago

At is but

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J K 5 years, 8 months ago

Directing is a process of instructing, guiding, communicating and inspiring people or employees to work efficiently so that organizational objective can be achieved .

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Anybody pls plssss gve me some frequently asked questions and imp topic in bs

Posted by Ananthu Ak 5 years, 8 months ago

CBSE > Class 12 > Business Studies

1 answers

Sanskriti Tiwari 5 years, 8 months ago

It should be better if you check of some previous year papers and sample papers

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I want blue print of business studies

Posted by Akash Tomar 5 years, 8 months ago

CBSE > Class 12 > Business Studies

2 answers

Honey 8 5 years, 8 months ago

That's the link.

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Honey 8 5 years, 8 months ago

You can get that in official syllabus . Pdf. Just go to google and type class 12 cbse business syllabus. cbseacademic.nic.in/web_material/Curriculum19/Main-SeniorSecondary/18_Business_Studies.pdf

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Case study of ch1

Posted by Aman Karwal 5 years, 8 months ago

CBSE > Class 12 > Business Studies

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Principles of management

Posted by De Vil 5 years, 8 months ago

CBSE > Class 12 > Business Studies

1 answers

Sanskriti Tiwari 5 years, 8 months ago

Basically These are the statement of fundamental truth formed by practice and experiments which serve as a guideline to the managers

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Is management a full - fledged profession? Give 3 reason in support of your answer

Posted by Garima Jawla 5 years, 8 months ago

CBSE > Class 12 > Business Studies

2 answers

Raghuvansh Singh Rajawat 5 years, 8 months ago

Management is a profession but not a full-fledged profession like legal, accounting or medical professions because it does not meet the exact criteria of a profession............. Restricted entry: The entry to the above stated profession is restricted through a prescribed qualification. But there is no restriction on anyone being appointed as a manager in any business enterprise. So, presently this feature of profession is not present in management...............2) Ethical code of conduct: Legal and medical professions are bound by a code of conduct which guides the behaviour of its members. AIMA has devised a code of conduct for Indian managers but there is no statutory backing for this code. So, presently this feature of profession is not present in management..........3) Service motive: The motive of legal and medical profession is to serve their client’s interests by rendering dedicated and committed service. The basic purpose of management to help the organisation achieve its goals by providing good quality products at reasonable prices, thereby serving the society is being increasingly recognised. So, presently this feature of profession is not fully present in management.??

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Gaurav Seth 5 years, 8 months ago

No, management is not a full fledged profession because of the following reasons:

(i) Restricted Entry: The entry to a profession is restricted through acquiring an educational degree. For example, a degree in Law is essential for joining the Law profession. But as far as the management is concerned there is no such condition for being a manager. Hence, on this basis management cannot be accepted as a profession.

(ii) Professional Association: The profession must have a representative professional association which performs the following important functions:

(a) To regulate entry, (b) To grant certificate of practice, and (c) To create a code of conduct for guiding the activities of the profession.

In India, Representative Professional Associations with regard to other professions have already been established. There are representative professional associations like the Bar Council of India for Lawyers; Medical Council of India for Doctors; Institute of Chartered Accountants forChartered Accountants, etc. For managers. All India Management Association (A1MA) has been established. But it is not essential to be a member of the AIMA in order to be a manager.Therefore, on this basis management cannot be accepted as a profession.

(iii) Ethical Code of Conduct: Members of a profession are bound to follow a code of conduct. By Code of Conduct, we mean the rules and regulations framed to guide the behaviour of professionals. The code of conduct of already recognised professions like Law, Medical and Chartered Accountant, etc. have already been prescribed but no such code of conduct has been laid down in connection with management. On this basis it can be asserted that management is not at all a profession.

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Management helps in development of the society. How?

Posted by Garima Jawla 5 years, 8 months ago

CBSE > Class 12 > Business Studies

2 answers

Gaurav Seth 5 years, 8 months ago

Management enables the organisation to make available employment opportunities, hence helping in the development of society.

Management is a critical ingredient of the growth and development of a society. An efficient management of an organisation is important as it helps in achieving the individual and the organisational goals along with the long term objectives. However, it is not just the organisation that benefits from an effective management. With efficient accomplishment of goals, the overall society benefits. This is in the sense that with management, an organisation works towards providing high quality goods and services to its customers. This further creates employment opportunities for people and promotes adoption of the new technology for the betterment of the society. All this, thereby helps in increasing the overall growth and development of the society.

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Raghuvansh Singh Rajawat 5 years, 8 months ago

the creation of benefits for the society. This includes • using environmental friendly methods of production, • providing basic amenities like schools and creches to employees, • giving employment opportunities to the disadvantaged sections of the society, etc.??

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Management increase efficiency. How

Posted by Garima Jawla 5 years, 8 months ago

CBSE > Class 12 > Business Studies

2 answers

Gaurav Seth 5 years, 8 months ago

Management increases efficiency as it aims at optimum utilisation of the available human and material resources . Thereby, it helps in achieving the desired goals with minimum cost and resources. Hence, we can say that management increases efficiency in an organisation.

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Raghuvansh Singh Rajawat 5 years, 8 months ago

By getting work done correctly and with minimum cost ??

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Management is a series of continuing interrelated function. Comment

Posted by Garima Jawla 5 years, 8 months ago

CBSE > Class 12 > Business Studies

1 answers

Gaurav Seth 5 years, 8 months ago

This statement is absolutely correct as a manager performs five functions in the given seriatim:

(a) Planning: Planning refers to thinking before hand. Under this it is decided — what is to bedone, how it is to be done, when it is to be done and by whom it is to be done.

(b) Organising: Organising refers to harmonious adjustment of various elements to achievecommon objectives. It involves determining activities needed to achieve the objectives,grouping these activities into departments, assigning such group of activities to managersand defining the interrelationship among various posts so that ambiguity in performance ofduties can be eliminated.

(c) Staffing: Staffing refers to filling and keeping filled the posts with people. It ensures thatcompetent persons are appointed. The chief activities undertaken in it are recruitment,selection, training, promotion, transfer, etc.

(d) Directing: Directing refers to instructing, guiding, communicating and inspiring people inthe organisation. It includes the following four activities:

(i) Supervision: Supervision refers to monitoring the progress of work of one'ssubordinates and guiding them properly.

(ii) Communication: Communication refers to an art of transferring facts, ideas, feelings,etc. from one person to another and making him understand them.

(iii) Leadership: Leadership means that quality which influences people for the attainmentof a goal.

(iv) Motivation: Motivation means a process which excites people to work for theattainment of a desired object.

(e) Controlling: Controlling refers to bring the actual results closer to the desired results. Undercontrolling, deviations are sought to be noticed in the actual work progress and the standardsalready determined, the causes of deviations are found out and corrective action is taken sothat in future the mistakes are not repeated.

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Management is a critical ingredient of nation growth. Comment

Posted by Garima Jawla 5 years, 8 months ago

CBSE > Class 12 > Business Studies

1 answers

Gaurav Seth 5 years, 8 months ago

Yes, it is because development is not possible without proper management one must have to manage things properly to achieve the target or to accomplish the work on time with efficiency. It plays a major role in a nation's growth as everything is done in a series or step by step firstly planning, organising,staffing,directing and controlling all these are the functions of management. A nation first manage the things properly plans it and then implements it so management is essential

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How management a social science

Posted by Garima Jawla 5 years, 8 months ago

CBSE > Class 12 > Business Studies

1 answers

Esha Sharma 5 years, 8 months ago

All features of science are not present in management because it deals with human behaviour which is unpredictable

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Question 1- Why management considered as a multi faceted function

Posted by Garima Jawla 5 years, 8 months ago

CBSE > Class 12 > Business Studies

1 answers

Sanskriti Tiwari 5 years, 8 months ago

It is considered as multifaceted funcyion because there are management of 1. People 2. Work 3. Operations

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Explain difficulty in setting qualitative standards as a limitation of controlling

Posted by Pallavi Garg 5 years, 8 months ago

CBSE > Class 12 > Business Studies

1 answers

Raghuvansh Singh Rajawat 5 years, 8 months ago

Setting performance standards. Standards are the criteria against which actual performance would be measured. Standards can be set in both quantitative terms (cost to be incurred, revenue to be earned, product units to be produced and sold, time to be spent in performing a task) as well as qualitative terms (improving goodwill and motivation level of employees). ??This is from PDF guys ??? tht i was telling u earlier .Answers for all questions r there??

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Trading on equity ka numerical bhi aaeyega Kya ???????

Posted by Digvijay Pandey 5 years, 8 months ago

CBSE > Class 12 > Business Studies

2 answers

Raghuvansh Singh Rajawat 5 years, 8 months ago

Can be or can be not But chances kam hai....??

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Pallavi Garg 5 years, 8 months ago

Aa skta h 6marks ka

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Define wholesaler.

Posted by Xyz Abcd 5 years, 8 months ago

CBSE > Class 12 > Business Studies

1 answers

Krishanu Saxena 5 years, 8 months ago

Wholesaler is a person who buys a commodity in stock and then re sale it to the retailer.

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Define Organising??

Posted by Vishal Agarwal 5 years, 8 months ago

CBSE > Class 12 > Business Studies

3 answers

Pallavi Garg 5 years, 8 months ago

It is a process of allocating all the resources i.e;man,money,machine and material and establishing authority and responsibility relationship for the achievement of organisational gaols

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Mayank Chaurasia 5 years, 8 months ago

Organising refers to the arranging of everything in orderly manner to make most efficient use

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Honey 8 5 years, 8 months ago

Organising is the process of defining and grouping the activities of enterprise and estabilishing authority relationships among them.

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Does we really need to remember every word of NCERT books to score good marks ?

Posted by Rishabh D 5 years, 8 months ago

CBSE > Class 12 > Business Studies

2 answers

Riya Sahu 5 years, 8 months ago

No u do not need to learn evry word of ncert but u have to learn every single heading bcz. This will help u in gaining more marks

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Prateek Seth 5 years, 8 months ago

To solve case study you must need to have aal your concepts cleae

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ANSWER

Why speculation is legal in the stock exchange market??

Posted by Prerna Goyal 5 years, 8 months ago

CBSE > Class 12 > Business Studies

1 answers

Vansh Rastogi 5 years, 8 months ago

Controlled speculation is legal because it acts like a catalyst in determining price of securities and also helps in flow of money.

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ANSWER

How many marks of case study come in exaam

Posted by Aman Maan 5 years, 8 months ago

CBSE > Class 12 > Business Studies

1 answers

Pallavi Garg 5 years, 8 months ago

Aprox 40 to 45 marks

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How to learn the same point guys help me bcz i m vry poor in craming the thing?

Posted by Pallavi Garg 5 years, 8 months ago

CBSE > Class 12 > Business Studies

3 answers

Sanskriti Tiwari 5 years, 8 months ago

write them 3 4 times after learning and understanding it will help

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Digvijay Pandey 5 years, 8 months ago

Relate points with your daily life incidence that will help you lot or you can write it also

1Thank You

Vansh Rastogi 5 years, 8 months ago

Mnemonics would help 'cramming' the points.

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In the paint industry, various raw materials are mixed in different proportions with petroleum for manufacturing different kinds of paints. One specific raw material is not readily and regularly available to the paint manufacturing companies. Bonler Paints Company is also facing this problem and because of this there is a time lag between placing the order and the actual receipt of the material. But, once it receives the raw materials, it takes less time in converting it into finished goods. Identify the factor affecting the working capital requirements of this industry.

Posted by Raiffel Dias 5 years, 8 months ago

CBSE > Class 12 > Business Studies

5 answers

Digvijay Pandey 5 years, 8 months ago

Availability of raw materials

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Prateek Seth 5 years, 8 months ago

Availability of raw materials

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Tanya Dabsay 5 years, 8 months ago

Availability of raw materials.

5Thank You

Krishanu Saxena 5 years, 8 months ago

Place and physical distribution

3Thank You

Esha Sharma 5 years, 8 months ago

Availability of raw materials

3Thank You

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How to score Atleast above 50 marks in b. St

Posted by Manika Sisodia 5 years, 8 months ago

CBSE > Class 12 > Business Studies

3 answers

Riya Sahu 5 years, 8 months ago

To score atleast 50 marks you have to make a target of 60 marks then only you can get atleast 50 marks learn every heading vry carefully and if u r unable to learnt it then read or write ???

1Thank You

Raghuvansh Singh Rajawat 5 years, 8 months ago

And also start paper from back side so your 6,4,3 markers not left

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Raghuvansh Singh Rajawat 5 years, 8 months ago

Learn Headings thoroughly......and as in 6 mark question 6 headings with 3-4 line description 4 markers-4 headings........ That is the best way to score easily but HEADINGS should be refrence to NCERT??

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