question_answer4) ABC Ltd is engaged in manufacturing electric bulbs. The organisation is incurring losses. The production department is blaming sales department for poor sales and sales department is blaming production department for delayed production. Identify the force that is missing in the organisation.View Answer play_arrow
question_answer7) The CEO of Vivate's Ltd, an insurance business enterprise dreams for his company becoming the best player in future, for which he sets the objectives, forecasts the future and develops various courses of action. Identify the management function highlighted in the case.View Answer play_arrow
question_answer9) "Our assets walk out of the door every evening, we have to make sure that they come back the next morning." This statement relates to which function of management. Why is it important?View Answer play_arrow
question_answer10) Maxwell Ltd is manufacturing auto spare parts on large scale. The company policy is that 5% of the daily production could be defective from last two months, it is observed that about 10-12% of production is defective. Which function of management is reinsured to correct the above case? State the procedure to be followed to correct the things.View Answer play_arrow
question_answer11) Decentralisation is extending delegation to the lowest level. It explains the manner in which decision-making responsibilities are divided among hierarchical levels. It refers to delegation of authority throughout all the levels of the organisation. Then, what is the difference between the two on the basis of the following:
question_answer13) In Atlans Ltd, no importance had been attached to the suggestions given by the subordinates. In 2016, the company appointed Mr Franco as its Chief Executive Officer. He was an MBA degree holder with an experience of a decade. After assuming the charge of his office, he started a campaign, in which he collected more than 10,000 suggestions from employees out of which 1,500 were selected and implemented in different fields. This campaign fetched the company an additional profit of Rs. 150 crore.
|(i) Quoting lines from the para, identify which principle of management was opted by Mr Franco.|
|(ii) State two positive effects of this principle.|
|(i) District Forum|
|(ii) National Commission|
question_answer16) Mr A, the director of garment Company, is planning to manufacture bags for the utilisation of waste material of one of his garment unit. He decided that his manufacturing unit will be set up in a rural area of Uttar Pradesh, where people have very less job opportunities and labour is available at very low rate. He also thought of giving equal opportunities to men and women by employing them equally in this unit.
|(i) Identify the first two steps of process of staffing for this unit.|
|(ii) Identify the values which Mr A wants to communicate to the society by setting up this unit.|
question_answer17) Vansh was appointed as the marketing head of Automobiles Ltd, manufacturers of cars and bikes. His sales target for a newly introduced bike was 20,000 units a month. For this, he involved new channels of distribution. But, he found that the target could not be achieved. Therefore, finally, Automobiles Ltd offered to sell their new bike, at about Rs. 4,000 less than the usual price'. It is an example of one of the techniques of sales promotion. Name the technique and explain any two other techniques with examples.View Answer play_arrow
|(i) What are the advantages of OTCEI?|
|(ii) What values are looked upon by OTCEI to serve the various stakeholders?|
question_answer22) Sana is a young professional employed in a multinational company. Her annual package is of Rs. lakh. Since she lives with her parents, therefore she is able to save a major part of her earnings. Her friends are constantly advising her to invest in shares. But, she is not aware about the nitty-gritties regarding the functioning of the stock-exchange. So, she decided to invest in equity through the primary market, assuming that this will help her to earn stable dividends. But her father, who was a retired bank officer told her that even dividends are not stable as they are affected by several factors.
|(i) Is Sana's father right in his assertion?|
|(ii) Explain the following as factors affecting 'dividend decision':|
|[a] Stability of dividend|
|[b] Legal constraints|
|[c] Access to capital market|
|[d] Growth opportunities|
question_answer23) Stichwell is a leading garment manufacturing company of the country. The company believes in constantly updating their technology, so that latest and modern designs could be incorporated in their products. To keep in line with their mission, the company has just imported certain high-tech machines from Germany. But the workers of the factory are unable to work on new machines and are always demanding help from the supervisor. The supervisor is overburdened with their frequent calls and ignores the problems of the workers.
|(i) "The post of supervisor should be abolished in the hierarchy of managers." Do you agree?|
|(ii) Explain the role of the supervisor in the organisation.|
|(iii) Suggest some remedies in this case to the supervisor.|
question_answer24) As a project work in marketing management, the MBA students of IIM thought of preparing apple jam from the apples grown in their school premises and sell it in the school annual fete. They approached the principal who not only appreciated them but also gave his consent for the same. The school decided to donate 50% of the revenue generated from the sale to a nearby orphanage. After the school fete, the school also decided to extend this project by providing employment to visually challenged and disadvantaged sections of society on regular basis.
|(i) Explain any two product-related decisions which the students had to take.|
|(ii) Suggest any two functions that the 'label' of the jam bottle must perform.|
question_answer25) Neha and Rekha entered into a partnership business for manufacturing leather bags. Their products have been enjoying good market reputation. Separate departments have been created for production, marketing, finance, human resource and research. The brand name was well established in the market and the product market grew enormously. As the business flourished, they decided to produce leather jackets and leather shoes.
|(i) Suggest an organisational structure to them.|
|(ii) Also discuss the advantages and limitations of such an organisational structure.|
You need to login to perform this action.
You will be redirected in 3 sec