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Direct Questions - Principles of Management | Business Studies (BST) Class 12 - Commerce PDF Download

Direct Questions:
Q1.      What is the meaning of Management Principles?
Q2.      What is the main difference between Management Principles and principles of science?
Q3.      What is the difference between Management Principles and techniques of Management?
Q4.      What is the difference between Management Principles and Values?
Q5.      How are Management Principles derived?
Q6.      Discuss the nature/features of Management Principles.
Q7.      Discuss the Significance/Importance of Management Principles.
Q8.      Write a brief note on Henry Fayol (Birthplace, profession, major contribution).
Q9.      Explain  Fayol’s Principles of Management(Explanation, positive effects and adverse effects of violation).
Q10.  Write a brief note on F.W. Taylor (Birthplace, profession, major contribution).
Q11.  Define Scientific Management.
Q12.  Explain the Principles of Scientific Management.
Q13.  Explain Techniques of    Scientific Management.
Q14.  Give a Distinction between Taylor’s Scientific Management and Henry Fayol’s Principles of Management.

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FAQs on Direct Questions - Principles of Management - Business Studies (BST) Class 12 - Commerce

1. What are the principles of management in commerce?
Ans. The principles of management in commerce refer to the fundamental guidelines or rules that guide the managerial decision-making process. These principles include planning, organizing, staffing, directing, and controlling. They help managers in effectively carrying out their responsibilities and achieving organizational goals.
2. How does planning contribute to effective management in commerce?
Ans. Planning is a crucial principle of management in commerce as it helps in setting goals, determining the course of action, and allocating resources effectively. It involves analyzing the current situation, identifying objectives, and developing strategies to achieve those objectives. Effective planning ensures that the organization moves in the right direction and avoids unnecessary risks.
3. What is the role of organizing in management in commerce?
Ans. Organizing is an essential principle of management in commerce that involves arranging and structuring various resources to achieve organizational goals. It includes tasks such as dividing work, assigning responsibilities, creating a hierarchy, and establishing communication channels. Organizing helps in optimizing the use of resources, promoting coordination, and facilitating the achievement of objectives.
4. How does staffing contribute to the success of management in commerce?
Ans. Staffing is a vital principle of management in commerce that focuses on acquiring, developing, and retaining competent employees for the organization. It involves activities such as recruitment, selection, training, and performance evaluation. Effective staffing ensures that the right people are in the right positions, leading to increased productivity, employee satisfaction, and overall success of the management process.
5. What is the significance of controlling in management in commerce?
Ans. Controlling is a critical principle of management in commerce that involves monitoring and evaluating the performance of individuals, departments, and the organization as a whole. It aims to ensure that actual performance aligns with planned performance and takes corrective measures if necessary. Controlling helps in identifying deviations, maintaining standards, and improving overall efficiency and effectiveness.
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