question_answer1) Khetan Ltd employs 2,000 workers and has a daily output of 20,000 units of toys. The production manager Mr Nitin, has to constantly guide the workers. The targets are not achieved on time and the workers are constantly fighting with each other. Nitin feels over-burdened. What should he do to improve performance of workers, promote group unity and lessen his burden?View Answer play_arrow
question_answer3) Workers are always unwilling to take up any extra work in Alpha Studios. Due to rise in demand, the firm wants them to cooperate to meet pending orders. Suggest which element of directing is suitable for this organisation?View Answer play_arrow
question_answer4) Seeta is a manufacturer who deals in stainless steel, Ram is also a manufacturer, dealing in bakery products. Based on length of operating cycle, state who would require more working capital?View Answer play_arrow
|(i) Which principle of management is being violated in this case?|
|(ii) State any three consequences of violating this principle.|
|(i) Call money|
|(ii) Treasury bills|
question_answer14) Narayan Ltd laid down strictly "Only graduate and experienced candidates will be recruited." As from past many years, company is recruiting freshers due to which the performance has declined constantly.
|(i) Identify and briefly explain the type of plan mentioned in the above para.|
|(ii) Which values of a company were affected by recruiting freshers?|
question_answer15) XYZ associates is a law firm, who provides specialised legal services. For this, they require highly educated, specialised and professional staff, who can handle their cases well. With increasing burden of cases on the firm, the manager proposes to hire new lawyers. Discuss any four merits of external sources of recruitment for the firm.View Answer play_arrow
question_answer16) The manager of ABC Ltd, dealing in cosmetics, is facing the problem of poor sales. Suggest the four promotional measures that he can undertake to improve the sales. Also, name the factors affecting their choice.View Answer play_arrow
question_answer17) The principles of management are established on cause and effect relationship. This helps to analyse and predict the probable result of applying a particular principle in a given situation. How does it prove to be helpful to business organisations.View Answer play_arrow
question_answer21) A stock exchange is an institution which provides a platform for buying and selling of existing securities. Stock exchange facilitates raising finance, providing liquidity and safety of investments to the investors.
|(i) State three more functions of stock exchange other than those mentioned above.|
|(ii) Name the values which stock exchange strives to fulfil through its functions.|
question_answer22) Nirjhar is the production head of a leading jewellery house. He oversees the work of the whole factory which employs about 100 workers. Since, the raw material used are costly metals and stones like gold, silver, kadium, diamonds, rubies, etc, he has to exercise extreme control and dilligence. Many a times he feels overburdened by his work. Also, there are frequent cases of theft and spoilage. All this has led him to the conclusion that an attempt to control everything results in controlling nothing. So, he decided to follow the managerial principle of control by exception.
|(i) What do you understand by control by exception?|
|(ii) Give its merits and demerits also.|
question_answer23) Smita is the organisational head of Fun India Ltd, a company engaged in the production of educational toys for schools. The management of the company believes that only formal organisation should be present in the company. Because of this view point, they do not permit employees interaction within the office premises. Only a 15 minute lunch break is given to employees and they are expected to eat at their seats only. All this has created unrest among employees and company is witnessing falling levels of productivity. Smita encourages the management to allow the emergence of informal organisation to combat the above problem.
|(i) Give the meaning of informal organisation.|
|(ii) State the importance of such an organisation for a company.|
|Total funds used Rs. 50,00,000 (Shares of ? 10 each)|
|Interest rate 8% p.a.|
|Tax rate 40%|
|Earnings before Interest and Tax (EBIT) Rs. 7,50,000|
|Situation I Nil|
|Situation II Rs. 15,00,000|
|Situation III Rs. 35,00,000|
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