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amit sports LTD. was in business of trademills and had a monoply in the market . the business was doing very well |
| Answer» TION:SAMPLE Paper 1 [Easy Concept] Time Allowed: 3 hours] [Maximum Marks: 80 General Instructions: (i) This question paper contains 34 questions. (ii) Marks are indicated against each question. (iii) Answer should be brief and to the point. (iv) Answers to the questions carrying 3 marks may be from 50 to 75 words. (v) Answers to the questions carrying 4 marks may be about 150 words. (vi) Answers to the questions carrying 6 marks may be about 200 words. (vii) Attempt all parts of the questions together. 1. A manager applies the existing theoretical knowledge in his own unique manner. This reflects that management is: 1 (a) Universally applicable (b) A Science (c) An Art (d) Pervasive 2. On the introduction of ‘Goods and Services Tax Act’, experts in the field of BUSINESS started analysing and forecasting its impact on various sectors and industries. Vivek, an established BUSINESSMAN, attended a few seminars and conferences organized by such experts to familiarize himself with this information. He wanted to use these forecasts to reduce the uncertainty in making DECISIONS for the future in his business. Name the step in the planning process that is being discussed in the above paragraph. | |