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Infographic: Scientific Management | Business Studies (BST) Class 12 - Commerce PDF Download
The document Infographic: Scientific Management | Business Studies (BST) Class 12 - Commerce is a part of the Commerce Course Business Studies (BST) Class 12.
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FAQs on Infographic: Scientific Management - Business Studies (BST) Class 12 - Commerce
| 1. What are the fundamental management principles that guide commerce? |  |
Ans. The fundamental management principles that guide commerce include planning, organizing, leading, and controlling. These principles help businesses set objectives, allocate resources, motivate employees, and monitor performance to achieve their goals effectively.
| 2. How does effective communication play a role in management within commerce? | |
Ans. Effective communication is crucial in management as it ensures that information flows smoothly between different levels of an organization. It helps in clarifying expectations, resolving conflicts, and facilitating decision-making, ultimately leading to a more cohesive and productive work environment.
| 3. What is the significance of strategic planning in commerce management? | |
Ans. Strategic planning is significant in commerce management as it provides a roadmap for achieving long-term objectives. It involves analyzing market trends, setting goals, and formulating strategies to navigate challenges and capitalize on opportunities, ensuring the organization remains competitive.
| 4. How do ethical considerations influence management practices in commerce? | |
Ans. Ethical considerations influence management practices by guiding decision-making processes and shaping corporate culture. Managers are expected to uphold integrity, fairness, and transparency, which can enhance the organization's reputation, build customer trust, and foster employee loyalty.
| 5. What are the common challenges faced in management within the commerce sector? | |
Ans. Common challenges in management within the commerce sector include managing change, dealing with competition, maintaining employee engagement, and adapting to technological advancements. These challenges require effective leadership, strategic foresight, and the ability to innovate to ensure continued success.
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Sep 26, 2025
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Document Description: Infographic: Scientific Management for Commerce 2025 is part of Business Studies (BST) Class 12 preparation.
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