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Direct Questions - Introduction to Management | Business Studies (BST) Class 12 - Commerce PDF Download

Direct Questions

Q.1. Define Management?

Q.2. Explain the term effectiveness and efficiency with example?

Q.3. Discuss characteristics/features of Management?

Q.4. Discuss the functions of Management?

Q.5. Explain objectives of Management?

Q.6. What is importance of Management in business?

Q.7. Name the levels of Management?

Q.8. Discuss functions of different levels of Management?

Q.9. Name designations of different levels of Management?

Q.10. Discuss management as an Art?

Q.11. Discuss management as an Science?

Q.12. Discuss management as an Profession?

Q.13. Define Co-ordination?

Q.14. Discuss nature/features of Co-ordination?

Q.15. Discuss need and importance of Co-ordination?

Q.16. Why Co-ordination is considered as essence of management?

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FAQs on Direct Questions - Introduction to Management - Business Studies (BST) Class 12 - Commerce

1. What is the definition of management in commerce?
Ans. Management in commerce refers to the process of planning, organizing, directing and controlling resources, activities and people to achieve organizational goals and objectives. It involves making decisions, allocating resources, creating strategies and implementing plans to achieve success.
2. What are the different types of management in commerce?
Ans. The different types of management in commerce include financial management, human resource management, operations management, marketing management, and strategic management. Each type focuses on a specific area of the business and has its own unique set of responsibilities.
3. What are the skills required for effective management in commerce?
Ans. Effective management in commerce requires a combination of technical skills, such as knowledge of finance and operations, as well as interpersonal skills like communication, leadership, and problem-solving. Other important skills include time management, decision-making, and adaptability.
4. How can technology be used in management in commerce?
Ans. Technology can be used in management in commerce in many ways, such as automating processes, improving communication, and simplifying decision-making. Examples include customer relationship management software, enterprise resource planning systems, and data analytics tools.
5. What are some common challenges faced by managers in commerce?
Ans. Some common challenges faced by managers in commerce include managing time and resources effectively, dealing with conflicts and difficult situations, motivating employees, and staying up-to-date with industry trends and changes. Other challenges may include managing risk, handling unexpected crises, and meeting financial targets.
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