CLASS-XII HOLIDAYS HOMEWORK-BUSINESS STUDIES BUSINESS STUDIES 1. “He keeps machines, materials, tools etc. ready for operations by concerned workers”. Whose work is described by this sentence under functional foremanship? 2. Identify the principle of fayol which emphasis that wages and salaries paid to the employees should be just and equitable? 3. Identify and explain briefly the type of environment to which the following are related: a. Banks reducing interest rates on housing loans. b. An increasing number of working women. c. Booking of air tickets through internet. d. Alcoholic beverages are prohibited to be advertised on television. 4. Name that intangible force which creates productive relationships among resources of organizations? 5. Which aspect of management can be said to be as central as the thread in a garland? 6. In which two functions do managers at the top level spend more time than managers at the lower level of the organizations? 7. Sonali is the marketing manager of a company selling laptops. she has six subordinates working under her. On the last day of every month, she rewards the efficient employees to motivate them.name the values which an organization inculcates among its employees when it promotes efficiency. 8. An organization employs more male employees than female employees because they can work overtime in case of excess work. In this organization, ashok and sheela are working at the same post but being male employee, Ashok has more rights than Sheila. Which values are being affected here? 9. In recent times the government has increased the prices of diesel and LPG. Which value is being overlooked here? 10. Sonia ltd was engaged in the business of manufacturing auto components. Lately its business was expanding due to increased demand for cars. In order to keep its market share intact, the company directed its workforce to work overtime.