question_answer3) Many multinational food joints such as KFC, Me Donalds, Domino's, etc have altered their menu according to Indian taste and culture. Name the dimension of business environment which is responsible for this step.View Answer play_arrow
question_answer9) Rajan has just joined a company engaged in manufacturing sleeper berths for the railways. Afterjoining, Rajan observes that there is always a chaos in the production department. Employees are always facing shortage of raw materials and they do not know whom to contact. Also, the workers do not know their place of work.
|(i) Which principle is being violated by the company?|
|(ii) What are the consequences of violating this principle?|
question_answer10) Surya Ltd is manufacturing steel at its plant in India. It is enjoying a buoyant demand for its products as economic growth is about 7% to 8% and the demand for steel is growing. Therefore, it is planning to set-up a new steel plant to take benefit of such trends in demand. It is estimated that such an expansion will require about Rs. 5,000 crore to set-up and about Rs. 500 crore of working capital. As the finance manager of the company, state any three factors that would be considered while determining the capital structure for the new venture.View Answer play_arrow
question_answer11) Divesh and Hitesh are working in same organisation but in different departments. One day, at lunch time, Divesh came to Hitesh and informed him that many people are going to be retrenched soon from the organisation due to computerisation.
|(i) Which type of communication is this?|
|(ii) State any two limitations of this type of communication.|
question_answer13) Aryan is a manager overburdened with work. Recently, the other managers advised him to share his authority with his subordinates, using the process of delegation. They explained the concept of delegation to him and its essential elements also. Discuss briefly the essential elements of 'delegation'.View Answer play_arrow
question_answer14) IT Company Polaris Software is planning to set-up a new unit in Mumbai with a capacity for 800 professionals. The company currently has 1,200 professionals across its centres in Mumbai, and the new unit is expected to come up in the next six months. The company's chairman and CEO said that the company was well on the track to meet its earlier announcement to increase the head count by 1,500 to 2,000 professionals in the current year.
|(i) Which function of management is present here?|
|(ii) Which values are satisfied in the above para?|
question_answer17) Mr Sharma purchased a book from a bookseller and took the cash memo of Rs.800 which he paid for the book. Later, he found that the actual price of the book is Rs.720, but the bookseller had put a sticker of Rs.800 on the original price. Can Mr Sharma recover the extra money that he paid? What other options are available to him against bookseller?View Answer play_arrow
question_answer18) XYZ Co is a newly established company. Company is not having the adequate finance to recruit the persons from outside. In this situation, which source of recruitment would be beneficial and why?View Answer play_arrow
question_answer20) Mega Ltd was manufacturing water heaters. In the first year of its operations, the revenue earned by the company was just sufficient to meet its costs. To increase the revenue, the company analysed the reasons of less revenues. After analysis, the company decided
|[a] To reduce the labour cost by shifting the manufacturing unit to a backward area where labour was available at a very low rate.|
|[b] To start manufacturing solar water heaters and reduce the production of electric water heaters slowly.|
|This will not only help in covering the risks, but also help in meeting other objectives too.|
|(i) Identify and explain the objectives of management discussed above.|
|(ii) State any two values which the company wanted to communicate to the society.|
question_answer21) Mr A is a teacher, having a reputed job with good earnings. He wants to trade on a stock exchange. Enumerate the steps involved for purchase and sale of securities in a stock exchange.View Answer play_arrow
question_answer24) In the backdrop of growing crimes against women, Sudhakar has just floated a private company by the name of 'Suraksha' to provide female bodyguards for women, while travelling or commuting between work and home. Being new to business, he appointed Mr Bokade as his finance manager and asked him to assess the finance needs of his company.
|(i) In which two categories, the finance needs of a firm can be categorised into?|
|(ii) Explain any four factors that Mr Bokade have to consider while determining the working capital requirement for the company.|
question_answer25) Mr Inderjeet had started a business of supplying components required in the manufacturing of solar panels. He had started his business five years back and with growing demand, he had opened two more offices. One in Bhopal and the other in Chennai, in addition to the head office in Delhi. He has to travel a lot, from one city to another, related to his business. He tries to look after all the aspects of the business. He also takes all the major decisions himself. For the last couple of months, he is facing a number of problems. He is not able to meet his orders on time, raw material supply is being affected and productivity is falling. His son Dinesh, a management student advises him to change his style of functioning and delegate his authority.
|(i) What does delegation of authority means?|
|(ii) Delegation of authority is important for effective organisation. How? State by giving three reasons.|
|(iii) Quoting lines from the para, identify and discuss the leadership style of Mr Inderjeet.|
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