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Kapil and Kamal and Company is a large manufacturing unit. Recently the company had conducted time and motion studies and concluded that on an average, a worker could produce 300 units per day. However, it has been noticed that the average daily production of a worker is in the range of 200-225 units.

(i) Name the function of management and identify the step in the process of this function which helped in finding out that the actual production of the worker is less than the set target.

(ii) To complete the process of function identified in question (a) and to ensure the performance as per time and motion studies, explain what further steps a manager has to take.

Why did the ironmaster speak kindly to the peddler and invite him home?

Give some examples of contemporary techniques of standardisation of business process.

Controlling is an indispensable tool because:

___ converts the message into words or symbols such as pictures, gestures, etc.

Define management.

What are derivative plans and why they are formulated?

Higher dividend per share is associated with

(a) high earnings, high cash flows, unstable earnings and higher growth opportunities

(b) high earnings, high cash flows, stable earnings and high growth opportunities

(c) high earnings, high cash flows, stable earnings and lower growth opportunities

(d) high earnings, low cash flows, stable earnings and lower growth opportunities

What are the essentials of a good package?

The concentration of decision- making authority is called ___ whereas its dispersal among more than one person is known as ___.

'Haldiram is selling its product directly to the customers'. State which channel of distribution is used by the company.

'Grahak Shakti', an NGO organised a workshop to discuss various issues relating to consumers. During the discussion, one of the members drew attention towards exploitation of consumers due to defective and unsafe products, adulteration, black marketing, hoarding etc. To this, another member argued that consumers themselves are responsible as they do not raise a collective voice against the exploitation. The Chairperson of the organisation was of the opinion that it was also the duty if the businessman to take care of the interests of various stakeholders. Business organisations earn money by selling goods and services to consumers. So the interests of the stakeholders have to be well taken care of. Points that highlight the need for consumer protection as discussed in 'Grahak Shakti's workshop.

Tom has just graduated ____________ psychology.

How can the company ensure that higher order needs i.e. the esteem and self-actualisation needs are met?

What is the importance of price element of marketing mix?

or

Why is price so important in marketing ?

Which of the following problems do Indian businesses encounter due to globalisation?

Sorry sir/madam in my last 2 doubts I typed rejected instead of respected I am so sorry

Management is a series of continuous interrelated functions. Comment.

Entrance fee is shown on which side of income and expenditure account?

Doing well in any activity, for example a sport, music, dance or painting, riding a motorcycle or a car, involves a great deal of struggle. Most of us are very nervous to begin with until gradually we overcome our fears and perform well.

Write an essay of about five paragraphs recounting such an experience. Try to recollect minute details of what caused the fear, your feelings, the encouragement you got from others or the criticism.

You could begin with the last sentence of the essay you have just read - “At last I felt released – free to walk the trails and climb the peaks and to brush aside fear.”

Anita purchased a book from Satish Book Stores, while reading the book she found that ten pages were missing. She approached the seller of the book and complained about the missing pages. The seller promised that if the publisher was ready to change the book he would change the same. After a week the seller informed Anita that the publisher had refused to change the book.

(i) Can Anita file a complaint against the seller of the book? Give reason in support of your answer.

(ii) Also, explain who is a consumer as per 'Consumer Protection Act' in the context of the case study.

'India is going to be a knowledge-based economy in the near future'. Discuss.

Following is the Balance Sheet of Abhay and Binary as on 31st March, 2014 :
$\begin{array}{ccccccc}\text{Liabilities}& & & \text{Amount}& \text{Assets}& & \text{Amount}\\ & & & \text{(Rs)}& & & \text{(Rs)}\\ \text{Creditors}& & & 13,000& \text{Bank}& & 15,000\\ \text{Employees Provident Fund}& & & 8,000& \text{Debtors}& 22,000& \\ \text{Workmen's Compensation Fund}& & & 15,000& \text{Less : Provision for}& & \\ \text{Capitals :}& & & & \text{Doubtful Debts}& \underset{–}{1,000}& 21,000\\ & \text{Abhay}& 55,000& & \text{Stock}& & 10,000\\ & \text{Binay}& \underset{–}{30,000}& 85,000& \text{Plant and Machinery}& & 60,000\\ & & & & \text{Goodwill}& & 10,000\\ & & & & \text{Profit and Loss}& & 5,000\\ & & & \overline{1,21,000}& & & \overline{1,21,000}\end{array}$

Chitra was admitted as a partner for 1/4th share in the profits of the firm, it was decided that :

(a) Bad debts amounted to Rs 1,500 will be written off.

(b) Stock worth Rs 8,000 was taken over by Abhay and Binay at book value in their profit sharing ratio. The remaining stock was valued at Rs 2,500.

(c) Plant and Machinery and goodwill were valued at Rs 32,000 and Rs 20,000 respectively.

(d) Chitra brought her share of goodwill in cash.

(e) Chitra will bring proportionate capital and the capital of Abhay and Binay will be adjusted in their profit sharing ratio by bringing in or paying off cash as the case may be.

Prepare Revaluation Account, Partner's Capital Accounts and show the working.

OR

Lalit, Madhur and Neena were partners sharing profits as 50%, 30% and 20% respectively. On March 31st, 2013 their Balance Sheet was as follows :
$\begin{array}{ccccccc}\text{Liabilities}& & & \text{Amount}& \text{Assets}& & \text{Amount}\\ & & & \text{(Rs)}& & & \text{(Rs)}\\ \text{Creditors}& & & 28,000& \text{Cash}& & 34,000\\ \text{Employees Provident Fund}& & & 10,000& \text{Debtors}& 47,000& \\ \text{Investment Fluctuation Fund}& & & 10,000& \text{Less : Provision for}& & \\ \text{Capitals :}& & & & \text{Doubtful Debts}& \underset{–}{3,000}& 44,000\\ & \text{Lalit}& 50,000& & \text{Stock}& & 15,000\\ & \text{Madhur}& 40,000& & \text{Ivestment}& & 40,000\\ & \text{Neena}& \underset{–}{25,000}& 1,15,000& \text{Goodwill}& & 20,000\\ & & & & \text{Profit and Loss}& & 10,000\\ & & & \overline{1,63,000}& & & \overline{1,63,000}\end{array}$

On this date, Madhu retired. Lalit and Neena greed to continue on the following terms:

(a) The goodwill of the firm was valued at Rs 51,000.

(b) There was a claim for workmen's compensation to the extent of Rs 6,000.

(c) Investments were brought down to Rs 15,000.

(d) Provision for bad debts was reduced by Rs 1,000.

(e) Madhur was paid Rs 10,300 in cash and the balance was transferred to his loan account payable in two equal instalments together with interest $12\%$ p.a.

Prepare Revaluation Account, Partner's Capital Accounts and Madhur's Loan Account till the loan is finally paid off.

Explain the factors determining choice of channels of distribution.

In which section of the play does Mr. Lamb display signs of loneliness and disappointment? What are the ways in which Mr. Lamb tries to overcome these feelings?

Which plan suggests action and non-action of employees?

A dealer wants to send some gift items of glassware from Mumbai to Lucknow. Which type of packaging is needed here?

Will Derry get back to his old seclusion or will Mr. Lamb’s brief association effect a change in the kind of life he will lead in the future?

DAVA (Drug Authentication and Verification Application Project) won the 2015 eASIA Award under Trade Facilitation category.

1.DAVA is an integrated platform for implementation of the Track and Trace system both for exports and domestic markets of Drugs and Pharmaceuticals..

2. The award was announced by Asia Pacific Council for Trade Facilitation and Electronic Business (AFACT) in Tehran, Iran.

Which of the statements given above are correct?

What are
some of the reasons for `objectivity’ being more complicated in
social sciences, particularly disciplines like sociology?

Give the meaning of directing as a function of management and any four points of its importance.

'Efficient functioning of stock exchange creates a conducive climate for active and growing primary market for new issues as well as for an active and healthy secondary market.' In the light of this statement state any three functions of a stock exchange.

What would be the effect of no delegation of work?

Identify the environment factor which requires that advertisment of baby food must inform potential buyer's that mother's milk is most healthy.

___ happen in the form of a series of cash receipts in case of earning returns or in the form of payments over the investment timeline.

___ is the process of choosing from among the candidates from within the organisation or from the outside, the most suitable person for the current position or for the future position.

Decentralisation is an optional policy. Explain why an organisation would choose to be decentralised.

What are the advantages of training to the individual and to the organisation?

Anthony suffered an injury while using a newly bought defective electric heater. Which of the following reliefs can the consumer court grant to Anthony?

The HR manager XYW Ltd appoints only those candidates who are familiar to him and can fulfill his personal requirements directly or indirectly. Which values are considered here?

For a manager what are the importance of financial planning:

1. Owners funds are the source of permanent capital

2. Helps in forecasting situations that are probable in the future

3. Helps in avoiding business shocks and surprises

___ is the process of planning, organising, directing and controlling the activities relating to the exchange of goods and services.

SEBI is the watch dog of security market. Do you agree? Give three reasons in support of your answer.