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Business Studies · 2024 · 1 mark
CBSE 2024 · Region 5 · Set 1 · Q1
‘Vanguard Inc.’, a company manufacturing footwear for men, women and
children has been earning consistent profits for the last many years. It has
a democratic style of working. Workers are encouraged to develop and carry
out plans for improvement in the organisation. Varun who is working in
the production department gave a suggestion which resulted in $\displaystyle 10$%
reduction in the cost of production of shoes. He was rewarded for his
suggestion. Identify the principle of management followed by ‘Vanguard
Inc.’ in the above case :
Official answer
From CBSE’s own marking scheme for this paper.
(C)
Initiative
Marking-scheme solution
(C)
Initiative
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CBSE Class 12 Business Studies past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.