CBSE business studies

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Question
CBSEENBS12004648

Name the type of plan which is time bound and linked with measurable outcome.

Solution

The type of plan which is time bound and linked with measurable outcome is called Objectives. They must be measurable in quantitative terms, in the form of a written statement of desired results to be achieved within a given time period.

Sponsor Area

Question
CBSEENBS12004649

Planning is done for achieving the organisational goals. Do you agree? Give one reason in support of your answer.

Solution

Planning helps organisation to achieve its goals by setting specific objectives along with the activities to be undertaken to achieve the objectives. Planning has no meaning unless it contributes to the achievement of predetermined organisational goals.

Question
CBSEENBS12004650

Identify the nature of management when it is said to be systematised body of knowledge that explain certain general truths.

Solution

Like science, management has a systematised body of knowledge which has its own theory and principles that have developed over a period of time. Since it is drawn from repeated experimentation and observation in different types of organisations, it explains some general truth.

Question
CBSEENBS12004651

At which level of management are the managers responsible for the welfare and survival of the organisation?

Solution

It is at the top level management, managers are responsible for the welfare and survival of the organisation.

Question
CBSEENBS12004652

Give the meaning of ‘orientation’ as a step in the process of ‘Staffing’. 

Solution

Orientation is a process of staffing in which the selected employee is introduced to other employees and familiarise him with the rules and policies of the organisation which make him comfortable to work in the new environment.