Class 12 Business Studies 2018 Board Exam

Define 'Decentralisation'.

Give the meaning of 'Method' as a type of plan.

Saurabh decided to start a chocolates manufacturing business. He set the target of earning 10% profit on sales in the first year. As a good businessman, he was concerned about the future of the business, which was uncertain. He gathered information that the demand for chocolates is increasing day-by-day. He used this information as the base for future planning and shared it with his team. On the basis of the gathered information, he scheduled a meeting in the following week to find innovative ways to achieve the objectives.
List the first two steps, which have been followed by Saurabh that are related to the process of one of the functions of management.

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.

An investor wanted to invest Rs 20,000 in Treasury Bills for a period of 91 days. When he approached the Reserve Bank of India for this purpose he came to know that it was not possible.
Identify the reason why the investor could not invest in the Treasury Bill.

Why is the understanding of 'Marketing Management Philosophies' important ?

Give the constitution of the District Consumer Disputes Redressal Forum under the Consumer Protection Act, 1986.

'Buy one get one free' is printed on the label of the package of a mosquito repellant.
State the labelling function being performed by this statement.

Differentiate between formal and informal organisations on the basis of (i) origin, (ii) authority, and (iii) flow of communication.

State the steps in the selection procedure, after the employment interview and before the job offer.