12th Commerce Chapter 2 Assignment Answer Key - July 2021
12th Commerce unit 1 Assignment Answer Key - Chapter 2 English Medium and Tamil Medium
Assignment
Standard - XII
Subject: Commerce
Unit - 1
Chapter-2 Functions of Management Assignment Answer key
Part - A
I. Multiple choice questions
1. Functions of management are mainly classified into_____
a) Two
b) Three
c) Four
d) Five
2. "Think before you act "its related to ______
a) Organising
b) Staffing
c) Planning
d) Directing
3. Pick out the correct pair?
a) Newsletter- directing
b) Selection of competent person -directing
c) Favorable climate conditions to work- controlling
d) To evaluate the performance of employees- Co-ordinating
4. Which is the main functions of management?
a) Innovating
b) Controlling
c) Planning
d) Decision making
5.Which of the following is not a main function?
a) Co-ordinating
b) Controlling
c) Directing
d) Innovating
6._______is includ d in evry managerial function.
a) Co-ordinating
b) Controlling
c) Staffing
d) Oganisin
7. Which of the following is not a subsidiary function of management?
a) Representation
b) Decision-making
c) Communication
d) Planning
8. Which is a primary function of management?
a) Innovating
b) Controlling
c) Planning
d) Decision-making
9.Which of the following is verification function?
a) Planning
b) Organising
c) Staffing
d) Controlling
10.______is the transmission of human thoughts, views are opinions from one person to another person.
a) Decision-making
b) Communication
c) Planning
d) Innovation
Part – B
II.Very Short Answer.
11.Write a short note about Planning.
Answer:
- “Thinking before doing” or “Look Before you Leap” are the traditional proverbs which provide a basis or logic for planning.
- Planning is the primary function of management.
- Nothing can be performed without planning.
12.What is meant by Motivation?
Answer:
- The goals are achieved with the help of motivation. Motivation includes increasing the speed of performance of a work and developing a willingness on the part of workers. This is done by a resourceful leader.
13.What is meant by controlling?
- Controlling is performed to evaluate the performance of employees and deciding increments and promotion decisions.
- It helps to identify under performers and arranging remedial training for them.
- It Compares the actual performance with predetermined standards.
14.List out the subsidiary functions of management.
- Innovation
- Representation
- Decision-making
- Communication
Part – C
III. Short Answer.
16. List out the main functions of management.
The main functions of management are listed below:
- Planning
- Organizing
- Staffing
- Directing
- Motivating
- Controlling and
- Co-ordination
17.What is mean by stopping?
17.What is mean by Staffing?
- Staffing refers to placement of right persons in the right jobs.
- The success of any enterprise depends upon the successful performance of staffing function.
- Staffing helps to ensure better utilization of human resources.
- It ensures the continuity and growth of the organization, through development managers.
18.What is meant by innovating?
- Innovation refers to the preparation of personnel and organisation to face the changes made in the business world.
- Innovation includes developing new material, new products, new techniques in production, new package, and new design of a product and cost reduction.
19.What is meant by Coordinating?
- Co-ordination is the synchronization of the actions of all individuals, working in the enterprise in different capacities; so as to lead to the most successful attainment of the common objectives.
- Co-ordination is included in every managerial function;
- All the activities are divided groupwise or sectionwise under organising function.
- Now, such grouped activities are co-ordinated towards the accomplishment of objectives of an organisation.
20.How the employees are informed about important matters in a company?
- Communication is the transmission of human thoughts, views or opinions from one person to another person.
- Workers are informed about what should be done, where it is to be done, how it is do be done and when it is to be done.
- Communication helps the regulation of job and co-ordinates the activities
Part – D
IV.Write in detail.
21.Explain the main functions of management.
Main Functions:
Planning:
- “Thinking before doing” or “Look Before you Leap” are the traditional proverbs which provide a basis or logic for planning.
- Planning is the primary function of management.
- Nothing can be performed without planning.
- Motivating:
- The goals are achieved with the help of motivation.
- It includes increasing the speed of performance of a work and developing a willingness on the part of workers.
- It may be monetary [cash] or nonmonetary [kind].
Controlling:
- It is performed to evaluate the performance of employees and deciding increments and promotion decisions.
- It helps to identify underperformers and arranging remedial training for them.
- It compares the actual performance with predetermined standards, [other functions – organising – Directing – Co-ordination – Staffing]
22.Explain the subsidiary functions of management
Subsidiary Functions:
Innovation:
- It refers to the preparation of personnel and organisation to face the changes made in the business world.
- It includes developing new products, new techniques in production, new package, the new design of a product, and cost reduction.
Decision making:
- Every employee of an organisation has to take a number of decisions every day.
- Decision-making helps in the smooth functioning of an organisation. [Other Functions – Representation – Communication]