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Differentiate between the Money Market and Capital Market.
Concept: Types of Financial Market > Capital Market
Give the meaning of objectives and budget as types of plans.
Concept: Concept of Planning
Explain the following technique of scientific management:
Motion study
Concept: Techniques of Taylor’s Scientific Management
Explain any two points highlighting the importance of 'controlling' function of management.
Concept: Importance of Controlling
Explain the various steps involved in the process of control.
Concept: Steps in Controlling Process
State any three points of importance of planning function of management.
Concept: Management Functions
Explain any three functions of stock exchange.
Concept: Stock Exchange
State the Importance of Planning ?
Concept: Management Functions
Metlapp Networks and Technologies Ltd. is a leader in technology innovation in the United States, creating products and solutions for connecting the world. It has a large research and evelopment team which invented the first smartwatch, named as W-7. The watch besides showing the time also monitors few health parameters like a heartbeat, blood pressure etc.
While in search of markets abroad, the company found that in India, the reform process was underway with the aim of accelerating the pace of economic growth. The company decided to take advantage of simplified export procedure and removal of quantitative as well as tariff restrictions in India.
It set up its office in Jamnagar with a view to capturing the Indian market. In a short span of time, the company emerged as a market leader. The success of the company attracted many other players to enter the market. The competition resulted in the reduction in prices, thereby benefiting the customers.
1) In the above paragraph, two major concepts related to government policy have been discussed. Identify and explain these concepts.
2) Also, explain briefly any three impacts of these concepts on Indian business and industry.
Concept: Impact of Government Policy Changes on Business with Special Reference to Liberalization, Privatization and Globalization in India
State any three limitations of planning
Concept: Limitation of Planning
'Though advertising is one of the most frequently used the medium of promotion of goods and services, it attracts a lot of objections.' Explain any four such objections.
Concept: Concept of Advertising (Marketing)
Indian Youth Organisation (IYO) organised a visit of its members to an old age home to inculcate the habit of social work among them. The visit revealed that the living conditions of the inmates of the old age home were not hygienic. So, the IYO members decided to clean the premises. During their cleanliness drive, they realised that the old age home also required pest control. But some of the inmates of old age home were reluctant for it because they believed that the pest control may create health problems for them. IYO therefore decided to provide ethical, safe and odourless pest control. They showed to the inmates of old age home a pamphlet of the proposed pest control product which promised easy, inexpensive and long-lasting pest control. The inmates happily agreed and the pest
control was carried out. It worked for a fortnight but to their dismay, the effect started wearing off. IYO contacted the pest control company which kept on postponing their visit. After waiting for a month, IYO filed a case in the consumer court.
The consumer court was satisfied with the genuineness of the complaint and issued necessary directions to the pest control company
1) State any six directions that might have been issued by the court.
2) Also, identify any two values that are being communicated by IYO to the society.
Concept: Concept of Consumer Protection
Aman Chadha started 'Bulls Eye' a company for providing cyber security solutions to businesses. Its objective is to prevent, detect and respond to cyber attacks and protect critical data. He was a hardworking software engineer and an expert in cybersecurity. His reputation grew by leaps and bounds as he was not only a person of integrity but also did his work with utmost honesty and sincerity. The business started growing day by day.
He was delighted when he was offered a big project by the Ministry of Defence. While working on the project, he found that the volume of work made it impractical for him to handle all the work by himself. He decided to expand the team. The company maintained a close liaison with a local engineering college. During a campus placement, Ishan and Vrinda were appointed to work for the new project.
He found the new employees capable. Enthusiastic and trustworthy. Aman Chadha was thus, able to focus on objectives and with the help of Ishan and Vrinda, the project was completed on time. Not only this Aman Chadha was also able to extend his area of operations. On the other hand, Ishan and Vrinda also got opportunities to develop and exercise initiative.
1) Identify and briefly explain the concept used by Aman Chadha in the above case which helped him in focusing on objectives.
2) Also, state any four points of importance of the concept identified in (i) above.
Concept: Consumer Protection Act 1986 (COPRA)
Write short notes on Importance of financial planning
Concept: Importance of Financial Planning
Explain the following function of marketing:
Marketing planning
Concept: Marketing Functions
Explain the following function of marketing:
Product designing and development
Concept: Marketing Functions
Answer the following question:
Explain briefly any two points of importance of consumer protection from the point of view of the business.
Concept: Concept of Consumer Protection
What is meant by 'business environment'?
Concept: Concept of Business Environment
Explain briefly any three semantic barriers to communication
Concept: Concept of Communication
Explain the relationship between planning and controlling.
Concept: Relationship Between Planning and Controlling
