Business Studies

3. It is defined as stimulating, inspiring, and inducing the employees to perform to their best capacity.
4. It is defined as comparison of actual work performance with the planned performance.
6. It is a joint programme of training in which educational institutions and business firms cooperate.
11. It means putting identification marks on the package.
12. It is defined as transmission or exchange of ideas, views, message, information or instructions between two or more persons by different means.
13. The process of converting physical shares into electronic form.
16. It refers to offering products at special price to clear off excess inventory.
19. The mark on agricultural commodities and live stock products.
20. It is highly flexible and keeps on changing (business environment)
22. This market deals with medium and long term securities.
24. Refrigerator, bikes are examples of which type of product.
25. It refers to completing the task with minimum cost, optimum utilisation of resources and in cost effective

1. It would involves synchronisation of the different actions or efforts of the various units of an organisation.
2. It refers to difference between actual performance and planned performance.
5. It refers to delegation of authority throughout all the levels of the organisation.
7. It means to require at all levels
8. It is the process of instructing, guiding, monitoring, and observing the employees while they are performing the job.
9. It refers to the grouping process in which the work is divided into small manageable activities.
10. A training method in which actual work environment is created.
14. The process of familiarising the selected employees with the other employees, rules, and policies of the organisation.
15. It refers to downward transfer of authority from superior to subordinate.
17. The organisational structure in which activities are grouped keeping in mind the functions.
18. The father of scientific management
21. The process of finding the right people for the right job.
23. It refers to the assumption on which plans are made