Request a call back

Join NOW to get access to exclusive study material for best results

CBSE Class 12-commerce Answered

After finishing her BBA degree course, Tanya gets a job of Assistant Manager in a retail company through the reference of her cousin Taruna who works in the same company as a Senior Manager. Taruna decides to guide Tanya through her experience by making her aware of the important facts about management in practice. She tells her that neither the principles of management provide any readymade, straitjacket solutions to all managerial problems nor they are not rigid prescriptions, which have to be followed absolutely In context of the above case 1. Identify the two features of principles of management mentioned in the above paragraph by quoting lines from the paragraph. 2. Why do the principles of management not provide readymade, straitjacket solutions to all managerial problems?
Asked by sahulgupta8 | 23 Jun, 2020, 16:09: PM
answered-by-expert Expert Answer
1. General Guidelines and Being Flexible are the two features of principles of management mentioned in the above paragraph.

2. Due to the complex and dynamic business environment, the principles of manggement do not provide readymade, straitjacket solutions to all managerial problems.
Answered by Surabhi Gawade | 24 Jun, 2020, 09:38: AM
CBSE 12-commerce - Business Studies
Asked by senthilramanathankanishka | 16 May, 2022, 21:39: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Business Studies
Asked by nsharmayoo | 02 Oct, 2021, 11:20: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Business Studies
Asked by nousadsalmani169 | 27 Sep, 2020, 14:24: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Business Studies
Asked by rsnitish7051singh | 20 May, 2020, 13:07: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Business Studies
Asked by singhsukh3355 | 18 May, 2020, 10:09: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Business Studies
“Coconut Joy Ltd.” are the manufacturer of vegetarian frozen dessert food products made with coconut milk, agave syrup and other certified ingredients. The founders of the company Lovely and Lalita originally developed this treat to meet their own needs but found that their friends and families around were also keen to use the products. It was not only the vegetarians, but also those who could not get enough environment friendly sustainable food, that appreciated the product. It did not take long for Lovely and Lalita to recognise the potential of their little venture. In the beginning they started from their home with the product being sold through local family parties that enable guests to personally meet the owner. This helped to establish strong connections with the prospective buyers and the company could put the product on shelves of natural food store. The company used* all marketing activities to grow and expand. The company began sponsoring booths at festivals, drawing attention to its newly created vegetarian products. It also disseminated relevant information to media about its products and the people who helped in building the company’s reputation. Lovely and Lalita were invited for an interview with one of the leading TV channels in which they talked about their environment friendly vegetarian products. To show its gratitude to customers, local business and government officials who supported the company from the beginning, “Coconut Joy Ltd.” hosted a gala event and involved all of them to raise funds for a few local NGO’s. The company also asked its fans and customers to send songs and poetry conveying their impression about “Coconut ‘Joy’s Ltd.” products. Identify and explain the communication tool used by “Coconut Joy Ltd”. . Briefly explain the role of the tool identified in (1) above.
Asked by purnayyap | 22 Apr, 2020, 11:12: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Business Studies
Asked by Prashant DIGHE | 18 Apr, 2020, 22:24: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Business Studies
Asked by vcgeetha22 | 21 Mar, 2020, 13:54: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
Customised test packs for Teachers, Parents, and Students. Click here for details!
×