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Direct Questions - Controlling | Business Studies (BST) Class 12 - Commerce PDF Download

Direct Questions:
 
1.     Define controlling
2.     Discuss nature or features of controlling.
3.     Explain Steps/Process of controlling
4.     Explain Management By Exception .Also give example.
5.     Explain Critical Point control .Also give example.
6.     Discuss advantages of Critical Point control and Management By Exception
7.     Give meaning of Deviation in the context of the process of control
8.     Give examples of causes of deviations and corrective action required to correct those deviation.
9.     Discuss Relationship between Controlling and Planning
10.   Explain Importance of Controlling
The document Direct Questions - Controlling | Business Studies (BST) Class 12 - Commerce is a part of the Commerce Course Business Studies (BST) Class 12.
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FAQs on Direct Questions - Controlling - Business Studies (BST) Class 12 - Commerce

1. What is commerce and why is it important in controlling the economy?
Ans. Commerce refers to the buying and selling of goods and services. It plays a crucial role in controlling the economy as it helps regulate supply and demand, promotes competition, and generates revenue for the government through taxes and tariffs.
2. How does the government control commerce?
Ans. The government controls commerce through various means such as enacting laws and regulations, establishing trade policies, imposing tariffs and trade barriers, and creating government agencies to oversee and regulate specific industries.
3. What are some examples of government regulations in commerce?
Ans. Examples of government regulations in commerce include consumer protection laws, antitrust laws to prevent monopolies, environmental regulations, labor laws, and regulations regarding product safety and labeling.
4. How does commerce impact the growth of small businesses?
Ans. Commerce can have a significant impact on the growth of small businesses. It provides them with opportunities to reach a wider customer base through e-commerce platforms and enables them to compete with larger corporations. Additionally, commerce can help small businesses access financing, establish supply chains, and expand their market reach.
5. How does international commerce impact the domestic economy?
Ans. International commerce or trade can have both positive and negative impacts on the domestic economy. It can lead to economic growth by opening up new markets, promoting specialization, and creating jobs. However, it can also result in trade imbalances, job losses in certain industries, and vulnerability to global economic fluctuations. Governments often implement trade policies to manage these impacts and protect domestic industries.
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