Class 12 Business Studies: Principles of Management

A company is facing high employee turnover. Which principle, according to Fayol, should they focus on to address this issue?

A project team is experiencing constant conflict and a lack of coordination. According to Taylor's principles, what should management prioritize to resolve this?

In a rapidly growing startup, decision-making is slow because all decisions require approval from the CEO. Which of Fayol's principles is most relevant to address this bottleneck?

An organization is implementing scientific management principles. Which action best exemplifies the application of 'science, not rule of thumb'?

A company is trying to foster a sense of unity and pride among its employees. Which of Fayol's principles directly addresses this objective?

A manufacturing company is trying to improve efficiency by assigning specialized tasks to each worker. Which principle of management are they applying?

In a project, individual team members are prioritizing their personal goals over the project's objectives. Which principle of Fayol is being violated?

Which of Taylor's principles is most closely related to the idea of providing employees with training and opportunities for professional development?

A company focusing solely on maximizing production efficiency without considering customer needs is adhering to which marketing management philosophy?

Which element of the marketing mix is most closely associated with supply chain management and logistics?

A consumer advocacy group launches a campaign to educate the public about the potential dangers of a specific product. Which consumer right are they primarily promoting?

A company decides to implement eco-friendly packaging and donate a portion of its profits to environmental causes. Which marketing management philosophy does this BEST represent?

Which of the following marketing functions directly contributes to building and maintaining a positive brand image and reputation?

A consumer purchases a faulty electronic device. According to consumer rights, what recourse should they FIRST pursue?

A company offers a 'buy-one-get-one-free' deal for a limited time. This is an example of which promotional activity?

A manufacturer altered the expiration date on a food product, extending its shelf life beyond what is safe for consumption. Which consumer right has this manufacturer violated?

Which aspect of scientific management focuses on reducing unnecessary movements in a job to improve efficiency?

A company is implementing a system where workers are paid differently based on the number of units they produce. Which scientific management technique does this represent?

Which characteristic of the business environment acknowledges that a change may significantly affect one company while having little impact on another?

A new government policy reduces import tariffs. How would this primarily affect businesses, according to dimensions of the business environment?

A tech startup is deciding whether to develop an entirely new product or improve an existing one. Which stage of the planning process does this represent?

Why might a company choose a divisional structure over a functional structure?

A manager assigns a task to a subordinate but does not provide sufficient resources or autonomy to complete it effectively. Which element of delegation is most likely missing?

Which 'limitation of planning' is most evident when a company's long-term strategic plan fails to adapt to a sudden, disruptive technological innovation introduced by a competitor?

A company aims to increase its market share by 15% within the next three years. Which type of plan does this represent?

A retail chain allows individual store managers to make decisions about local promotions and inventory based on their understanding of local customer preferences. What management practice is this?

What is the primary aim of 'fatigue study' as a technique of scientific management?

Which of the following best describes the 'political environment' as a dimension of the business environment?

A company implements a strict 'no personal phone calls during work hours' directive. What type of plan does this represent?

Which of the following is most directly achieved through 'departmentalization' during the organizing process?

An employee is consistently late submitting reports, despite having the necessary skills and resources. According to the elements of delegation, which is most lacking?

Which of the following scenarios BEST exemplifies the importance of decentralization in an organization?

A company is experiencing high employee turnover. Which of the following staffing processes should be critically examined to address this issue?

A software company needs to quickly fill several positions for a new project. Considering the need for speed and access to specialized skills, which recruitment source would be MOST effective?

What is the primary distinction between training and development within the context of staffing?

Which element of directing ensures that employees understand their tasks and organizational goals?

According to Maslow's hierarchy of needs, which need must be satisfied before an individual can focus on achieving esteem needs?

A company wants to improve employee morale and productivity. Which of the following non-financial incentives would be MOST effective in achieving this?

In the controlling process, what is the significance of comparing actual performance with established standards?

How does controlling contribute to the effectiveness of planning in an organization?

Which financial decision involves determining the optimal mix of debt and equity to finance business operations?

What is the primary objective of financial planning in an organization?

A company with stable cash flows can afford to have a higher:

Which of the following factors would MOST likely increase a company's working capital requirements?

What is the primary function of financial markets in an economy?

Which of the following is a key function of the Securities and Exchange Board of India (SEBI)?

Principles of Management

Division of Work

Authority and Responsibility

Discipline

Unity of Command

Subordination of Individual Interest

Science, not Rule of Thumb

Harmony, not Discord

What is Marketing?

What is a Marketing Mix?

What is a Product?

What is Price?

What is Place?

What is Promotion?

What is Consumer Protection?

Right to Safety

Staffing

Recruitment

Selection

Training and Development

Directing

Supervision

Communication

Leadership

Motivation

Controlling

Financial Management

Investment Decision

Financing Decision

Dividend Decision

Financial Markets

Functional Foremanship

Standardization & Simplification

Method Study

Motion Study

Time Study

Fatigue Study

Differential Piece Wage

Business Environment

Liberalization

Privatization

Globalization

Planning

Policy

Procedure

Delegation