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## Economics Standard Twelve ### Q. 3. Study the following case / situation and express your opinion (Any TWO) : 1. In XYZ company, Mr. Lele gives instructions to the employees, provides guidance, and motivates them for their best performance. Mr. Sayyad takes effort to harmonize the work done by t...

## Economics Standard Twelve ### Q. 3. Study the following case / situation and express your opinion (Any TWO) : 1. In XYZ company, Mr. Lele gives instructions to the employees, provides guidance, and motivates them for their best performance. Mr. Sayyad takes effort to harmonize the work done by the employees of different departments while achieving organizational goals. Mr. Desai is looking after the arrangement of required resources to the business organization. * Mention the name of the employee engaged in the following functions: * Organising - Mr. Sayyad * Directing - Mr. Lele * Co-ordinating - Mr. Desai 2. Mr. Ashok visited a shop to buy a pair of shoes for ₹700. The salesman forced him to buy a pair of bigger size shoes of an ordinary company by claiming this size would be suitable to him. After reaching home, he discovered that the shoes were still too big for him. He complained about the shoes to the shopkeeper. It was denied by the shopkeeper to replace the shoes despite the availability of stock. * In the above case: * Which right has been violated? Consumer right * Is Mr. Ashok a buyer or an ultimate consumer? Buyer * Where can Mr. Ashok file his complaint? Consumer Court 3. Mr. A deals in import and export business, so he needs different foreign currencies. For the expansion of his business, he borrows money from a commercial bank. He invests his funds in the equity shares. * From where does Mr. A borrow money? Commercial bank. * Name the market where does Mr. A invest his funds? Stock market * Which type of currency is required for the international market? International Currency ### Q. 4. Distinguish Between the following (Any THREE) : 1. Directing and Co-ordinating 2. Road Transport and Rail Transport