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Answer the following question.
Explain briefly any four factors affecting the fixed capital requirements of an organisation.
Concept: Factors Affecting Fixed and Working Capital Requirements
What is meant by financial management?
Concept: Concept of Financial Management
The financial market plays an important role in the allocation of scarce resources in an economy by performing many important functions.’ Explain any three such functions
Concept: Concept of Financial Markets
Differentiate between `capital-market' and 'money-market' on the following basis:
Duration
Concept: Types of Financial Markets
Explain the following function of marketing:
Customer support services
Concept: Marketing Functions
Explain the following function of marketing:
Standardisation
Concept: Concept of Marketing
'Is Management concerned only with doing the right task, completing activities and achieving goals without taking into consideration the cost benefit?' Give reason in support of your answer.
Concept: Concept of Management
Explain any three points that highlight the importance of 'Management.
Concept: Importance of Management
State the relationship between ‘planning’ and ‘controlling’ functions of management
Concept: Management Functions
What is meant by co-ordination?
Concept: Management Functions
Rishitosh Mukherjee has recently joined AMV Ltd, a company manufacturing refrigerators. He found that his department was under-staffed and other departments were not cooperating with his department for the smooth functioning of the organisation. Therefore, he ensured that his department has the required number of employees and its cooperation with other departments is improved.
1) Identify the level at which Rishitosh Mukherjee was working.
2) Also, state three more functions required to be performed by Rishitosh Mukherjee at this
level.
Concept: Levels of Management
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
1) to reduce the labour cost by shifting the manufacturing unit to a backward area where
labour was available at a very low rate.
2) 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.
a) Identify and explain the objectives of management discussed above.
b) State any two values which the company wanted to communicate to the society.
Concept: Objectives of Management
Explain any four characteristics of 'principles of management.'
Concept: Concept of Principles of Management
Explain the following technique of scientific management:
Time study
Concept: Standardisation and Simplification of Work
What are the principles of scientific management? Explain in detail.
Concept: Principles of Taylor’s Scientific Management
What is meant by 'Decentralization'?
Concept: Concept of Decentralization
Differentiate between formal and informal organisations on the basis of authority
Concept: Structure of Organisation
Differentiate between formal and informal organisations on the basis of the flow of communication.
Concept: Structure of Organisation
Answer the following question.
State any two advantages of Formal Organisation
Concept: Structure of Organisation
Why employees become lethargic when the organisation uses internal sources of recruitment? State.
Concept: Staffing - Recruitment Process