Commerce Exam > Commerce Notes > Business Studies (BST) Class 12 > Indirect and Value Based Questions -Controlling
Indirect and Value Based Questions -Controlling | Business Studies (BST) Class 12 - Commerce PDF Download
Indirect Questions:
1. ABC Ltd. Is manufacturing auto spare parts on large scale. The company policy is that 3% of the daily production could be defective. For last two months it is observed that about 10-12% of production is defective. Which function of management is reinsured to correct the above case?
2. Name the function which reviews the operations in a business unit.
3. Which principle of management control is based on the belief that “ an attempt to control everything ,may end up controlling nothing”
4. An ideal control system is the one that checks every bit of performance’. Do you agree with this statement? Give reasons to support your answer.
5. "Controlling does not require any process" Comment.
6. "Planning is prescriptive whereas, controlling is evaluative. "How?
7. 'Planning is looking ahead and controlling is looking back.' Comment.
8. There are several techniques for measurement of performance. Name any four
9. Which feature of controlling does it refer to when it is said that controlling is exercised at all levels of management?
10. There are two managers Rahim and Pankaj. Rahim is saying that ‘controlling is forward looking’ whereas according to Pankaj ‘controlling is looking back’. Who is correct? Explain why.
11. Name and explain the concept which suggests that only significant deviations which go beyond the permissible limit should brought to the notice of management
12. Which function of management ensures work accomplishment according to plan?
13. “There is close and reciprocal relationship between planning and controlling”. Do you agree with this? Give reasons in support of your answer.
14. If planning is done carefully and accordingly other functions of management are going in the right direction, then there is no need of the controlling function of management. Do you agree with the statement? Give reasons in support of your answer.
15. ABC Ltd. is engaged in manufacturing ready made garments. The target production is 500 shirts per day. The company has been successfully attaining this target until last three months. The actual production has been varying between 400-450 shirts. Which management function is needed to rectify the situation? Write any two features associated with it.
Value based Questions:
1. An effective system of controlling discourages dishonesty among employees. What values does this statement shows.
2. Management of company decided to install CCTV Cameras in factory .Workers resisted this decision of management. Identify the step of Controlling in first line. Also identify value reflected in management decision and value ignored by workers.
The document Indirect and Value Based 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 Indirect and Value Based Questions -Controlling - Business Studies (BST) Class 12 - Commerce
| 1. How does government regulation impact commerce? |  |
Ans. Government regulation can have a significant impact on commerce by setting rules and standards that businesses must adhere to. This can include regulations on product safety, advertising practices, employment laws, and environmental standards. These regulations aim to protect consumers, ensure fair competition, and promote responsible business practices.
| 2. What are the benefits of controlling commerce? | |
Ans. Controlling commerce can have several benefits. It allows the government to regulate and ensure fair competition in the market, protect consumers from harmful products or practices, and promote economic stability. By controlling commerce, governments can also generate revenue through taxation and use it for public welfare programs and infrastructure development.
| 3. How does controlling commerce help in preventing monopolies? | |
Ans. Controlling commerce is essential in preventing monopolies from dominating the market. Government regulations, such as antitrust laws, ensure fair competition and prohibit practices that could lead to a monopoly. By enforcing these regulations, governments can promote a competitive market environment, which benefits consumers and encourages innovation.
| 4. What role does consumer protection play in controlling commerce? | |
Ans. Consumer protection is a crucial aspect of controlling commerce. Governments implement regulations and standards to ensure that businesses provide safe and reliable products and services to consumers. These regulations can include labeling requirements, warranties, product safety standards, and protection against deceptive advertising practices. By enforcing consumer protection laws, governments aim to safeguard the rights and well-being of consumers.
| 5. How does controlling commerce contribute to economic growth? | |
Ans. Controlling commerce can contribute to economic growth by creating a stable and fair business environment. When governments regulate commerce, they promote competition, innovation, and investment. This can attract both domestic and foreign businesses, leading to increased job opportunities, productivity, and overall economic development. Additionally, controlling commerce allows governments to generate revenue through taxation, which can be used to fund infrastructure projects and social welfare programs that further stimulate economic growth.
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