Welcome to the complete NCERT solutions for Class 12 Business Studies Chapter : . In this section, we provide detailed, easy-to-understand solutions for all the questions from this chapter. Whether you're preparing for exams or seeking a deeper understanding of the subject, these question answers will offer you valuable insights and explanations. Each solution is crafted to ensure conceptual clarity and step-by-step problem-solving methods, enabling students to grasp the core themes and excel in their academics.
What are the steps taken by management in the planning process?
Why is management considered to be a multi-dimensional concept?
Explain the procedure for selection of employees.
How would you characterize the business environment? Explain with examples, the difference between general and specific environment.
Indian Railways has launched a new broad gauge solar power train which is going to be a path breaking leap towards making trains greener and more environment friendly. The solar power DEMU (Diesel Electric Multiple Unit) has 6 trailer coaches and is expected to save about 21,000 liters of diesel and ensure a cost saving of Rs 12, 00,000 per year. Name the objectives of management achieved by Indian Railways in the above case.
The government of India announced Demonetization of ₹ 500 and ₹ 1,000 currency notes with effect from the midnight of November 8, 2016. As a result, the existing ₹ 500 and ₹ 1,000 currency notes ceased to be legal tender from that date. New currency notes of the denomination of ₹ 500 and ₹ 2,000 were issued by Reserve Bank of India after the announcement.
This step resulted in a substantial increase in the awareness about and use of Point of Sale machines, e-wallets, digital cash and other modes of cashless transactions. Also, increased transparency in monetary transactions and disclosure led to a rise in government revenue in the form of tax collection.
a. Enumerate the dimensions of the business environment highlighted above.
b. State the features of Demonetization.
Define scientific management. State any three of its principles.
Discuss the relevance of Taylor and Fayol’s contribution in the contemporary business environment.
Explain the qualities of a good leader? Do the qualities alone ensure leadership success?
Management is a series of continuous interrelated functions. Comment.
What is meant by management?
Explain any four points regarding significance of principles of management.
Distinguish between advertising and personal selling.
What is a Treasury Bill?
‘Planning is looking ahead and controlling is looking back.’ Comment.
How is the Principle of ‘Unity of Command’ useful to management? Explain briefly.
Management is a series of continuous interrelated functions. Comment.
Explain the qualities of a good leader? Do the qualities alone ensure leadership success?
Explain the recent Capital Market reforms in India.
Explain, with examples, the various dimensions of the business environment.