question_answer8) Mohan, a supervisor in a factory, always expects that his subordinates should obey him but he is not interested in taking suggestions and feedback from them. Do you think that this quality of Mohan will help him to become a good leader?View Answer play_arrow
question_answer9) A decision in financial management is basically concerned about how much to raise and from which source. Name the type of decision. Also explain two vital factors to be kept in mind while taking such decisions.View Answer play_arrow
question_answer10) Blue Birds Ltd is a Pvt Ltd company engaged in the production and distribution of petrochemicals. Lately, due to stiff competition in the market, the profits of the company steeply dropped. On analysing deviations and finding corrective measures, the managers decided to motivate employees through incentives. Consequently, Blue Birds Ltd offers to its employees, shares at a price which is less than the market price.
|(i) Name and explain the type of incentive offered to employees.|
|(ii) Explain one more incentive of the same category.|
question_answer16) Reliance Trust's contributions to the community, are in the areas of health, education, infrastructure development (drinking water, improving village infrastructure, construction of school, etc), environment (effluent treatment, tree plantation, treatment of hazardous waste), relief and assistance in the event of a natural disaster, etc.
|(i) which value are portrayed in the above case|
|(ii) which objective of an organisation is depicted in the above stated case?|
|(ii) Instruments traded|
|(iii) Determination of price|
question_answer20) Mr Seth and his wife had booked business class tickets for Air Mindo Flight from New York to Mumbai on 14th October, 2011 and paid a total of Rs. 2,43,241. The complainants had paid for business class seats, but had been provided defective seats. As a result, they had to bear physical discomfort and mental harassment. Air Mindo was found guilty of deficiency in service. The Consumer Disputes Redressal Forum, Ahmedabad (Rural), allowed Mr and Mrs Seth to file a complaint by Consumer Education and Research Society (CERS), Ahmedabad, against the Regional Manager of Air Mindo, Ahmedabad and the Commercial Director of air Mindo, Mumbai. It was observed by the forum that the airline was guilty of deficiency in service and directed it to refund the Seth's Rs. 2,43,241 with 9% interest from the date of complaint.
|(i) Is the step taken by them appreciable or not?|
|(ii) What are the other possible reliefs they could ask for? State any two.|
question_answer22) It is the label of a biscuit. As per the reader's understanding, what are the information which are not mentioned in the label. Which right is violated here and identify the values which are disturbed in this case?View Answer play_arrow
|(i) Ends, which the management seek to achieve.|
|(ii) The exact manner in which any work is performed.|
|(iii) Prescription of what and what not to be done.|
|(iv) The prescribed way in which a task is performed.|
question_answer24) Pawell Corporation, a large diversified manufacturer of aircraft components, is trying to determine the initial investment required to replace an old machine with a new, more sophisticated model. The present machine is working correctly but in order to upgrade it with new technology, they purchased a new machine for Rs. Lakh and an additional Rs. will be required to install it. After the depreciation, the value of the machine becomes zero but the owner is not ready to analyse the situation. Finally the firm has found that a buyer is willing to pay Rs. lakh for the present machine and the firm refused it.
|(i) Find out the decision taken by him and also suggest whether the decision is favourable or not?|
|(ii) State the factors affecting such decision.|
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