question_answer8) Silver Tech Limited is a start-up company engaged in developing nano-technology for mobiles. The debt component is quite high in the capital structure of the company. Identify the risk which the company can face in future.View Answer play_arrow
question_answer12) Over the years, Brook Bond Taj Mahal tea has been a choice of millions of customers. The company uses the slogan 'Waah Taj' on its label. Their price range, quality and taste are different and unique from their competitors. What are the advantages of labelling a product shown in this case?View Answer play_arrow
question_answer13) "Management is the process of working with and through others to effectively achieve organisational objectives by efficiently using limited resources in the changing environment." In the light of the above statement, explain any three features of management.View Answer play_arrow
|(ii) Stability of personnel|
question_answer16) Lately, many companies have planned for significant investments in organized retailing in India. Several factors have prompted their decision in this regard. Customers' income is rising. People have developed a taste for better quality products even though they may have to pay more. The aspiration levels have increased. The government has also liberalised its economic policies in this regard and permitted even cent percent foreign direct investment in some sectors retailing. In what ways, Indian managers have responded to change in the post liberalisation era?View Answer play_arrow
question_answer19) A car manufacturing company sets a goal that in future they will expand their production by 15%. After measuring the performance, they noticed that the production has declined by 10% and the raw material is wasted by the production department.
|(i) Can you find out, to which concept of controlling does it relate?|
|(ii) What values are being ignored in this case?|
question_answer21) 'Millenium' is a reputed B-school of Jaipur. It is offering lots of management degree programmes in the fields of finance, marketing, human resource, rural development, hospitality and information technology. The institute advertises that it has a 100% placement records, with many of its students being placed in top MNCs across the globe. The highest salary package to a student of the institute was Rs. 12.5 lakh per annum. The advertisement also shows the campus to be well infrastructured. Influenced by this advertisement, hundred of students take admission in this institute. On taking admissions, the students learn that the campus shown in the advertisements was not the one that they were studying in and also that the institute is running only diploma and certificate courses, as it is not recognised by AICTE and therefore cannot issue degrees. The placement statistics were also misleading.
|(i) As per your understanding, what are the values missing?|
|(ii) What steps should be taken by the student against these frauds?|
|(i) Accomplishing organisational goals.|
|(ii) Judging accuracy of standards.|
question_answer24) My Car Ltd decided to set-up its new car manufacturing factory in the backward area of West Bengal where very less job opportunities were available. People of that area welcomed this effort of My Car Ltd. The company also decided to provide facilities like school, hospital, market, etc. in the factory premises so that people are attracted to join the factory as workers. My Car Ltd started earning huge profits. Another competing company asked its production manager Arvind to investigate the reasons of earning huge profits by My Car Ltd. Arvind found that in both the companies there was systematic coordination among the various activities to achieve organisational goals. Every employee knew who was responsible and accountable to whom. The only difference was that in his organisation communication took place only through the scalar chain, whereas My Car Ltd was allowing flow of communication in all the directions as well as quick feedback.
|(i) Identify the type of organisation which allows the flow of communication in all directions.|
|(ii) Also state the advantages of such type of organisation.|
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