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Explain the following principles of management given by Fayol

(i) Unity of Direction

(ii) Equity

(iii) Esprit De Corps

(iv) Order

(v) Centralisation and Decentralisation

(vi) Initiative

Empowerment is related to:

Mr. Ankit is the chief manager in a well-known MNC, producing shoes. He called the production manager of his unit and told him to keep a constant watch on all the activities of his respective unit so that there is no possibility of adverse results. As long as the company runs its operations employees at all levels will adopt it to achieve results. Identify the function of management referred above.

Which of the following are the objectives behind the demonetisation policy.

When a brand is registered and given legal protection, then it becomes a ___

Distinguish between Policy and Programme.

With a suitable example, define how management is an intangible force.

Is Management a Science? Give any five reasons in support of your answer.

Financial market plays an important role in the allocation of scarce Sources in an economy by performing many important functions. Explain any four such functions.

Explain the meaning of 'placement', orientation' and 'training' in the process of staffing .

Explain any three points that highlight the importance of directing function of management.

Could you please suggest a reference book which contains past year boards+entrance questions?

Or if you have such exercise book then please mail me

The type of plan in which minutest details are worked out, i.e. procedure, rules, budget etc. is known as ___ .

Which one is not the main objective of Fiscal Policy in India?

Which of the following best indicates the importance of business environment?

Which of the following is used to treat bipolar disorder - a mental illness characterized by elevated moods and periods of depression alternatingly?

Explain the following rights of a consumer.

(i) Right to be heard.

(ii) Right to seek redressal.

Financial planning arrives at

Explain any three assumptions of Maslow's need hierarchy theory.

Explain briefly any three semantic barriers to communication.

Loss in ___ between sources of supply and the points of distribution and in the distribution to consumers, including pilferage is known as Transmission and distribution loss

What does the author describe as an instance of "Guerilla marketing”?

What is meant by the physical distribution of goods? Physical distribution includes some components for physically moving the goods from manufacturers to the customers. Explain these components.

State any two advantages and two limitations of formal organisation.

Briefly explain the following styles in leadership :
(i) Autocratic (ii) Democratic
(iii) Laissez-faire

What are the responsibilities of a consumer?

Tejal, a departmental service provider, has planned to sell goods in her departmental stores on cash policy. An old customer picks one of those goods and reaches the cash counter but finds that his wallet is missing. Tejal scolds at the customer rudely despite of recognising the urgency of the customer who requests her to give those essential goods for a short-term. Tejal takes the goods back and insults the old customer.

(i) Which one of the plans (Standing or Single-use) is applicable in Tejal's department store?

(ii) What are the various plans under the plan identified in question (i). In the context of the case study can any of these justify Tejal's behaviour? Explain with reasons.

XYZ Ltd is engaged in producing electricity from domestic garbage. There is almost equal division of work and responsibility between workers and management. The management even takes workers into confidence before taking important decisions. All the workers are satisfied as the behaviour of the management is very good. State the principle of management described in the above paragrph.

Ajay has 30 people working under him. He delegates tasks to each one of them. What is Ajays designation?

Define brand,brand name,brand mark and trade mark.

___ is another name used for a long-term investment decision.

What is meant by ‘responsibility to’?

Statements:
Some bags are purses.
All purses are containers.
All containers are suitcases.
Conclusions:
I. Some suitcases are bags.
II. All purses are bags.
III. All purses are suitcases.
IV. Some containers are purses.

Fill in the blanks.

Ritika got a raw deal from her employer. Therefore, she wrote a _________ letter to him.

'Both parties are free to accept or reject the offer', what feature of marketing does this fall under?

R Ltd is a real estate company which was formed in 1950. In about 56 years of its existence, the company has managed to carve out a niche for itself in this sector. Lately, this sector is witnessing a boom due to the fact that the Indian economy is on the rise. The incomes of the middle class are rising. More people can afford to buy homes for themselves due to the easy availability of loans and accompanying tax concessions.

To expand its business in India and abroad, the company weighs various options to raise money through equity offerings in India. Whether to tap equity or debt market, whether to raise money from domestic market or international market or combination of both? When to raise the necessary finance from the money market or capital market? It is also planning to list itself in New York Stock Exchange to raise money through ADRs. To make its offerings attractive, it is planning to offer a host of financial plans and products to its stakeholders and investors and also expand its listing at NSE after complying with the regulations of SEBI.

What benefits will the company derive from listing at NSE?

The passage provides support for which of the following statements?

Higher debt-equity ratio results in:

(a) Lower financial risk

(b) Higher degree of operating risk

(c) Higher degree of financial risk

(d) Higher EPS

A major insurance company handled all recruiting, screening and training processes for data entry/customer service representatives. Their competitor was attracting most of the qualified, potential employees in their market. Recruiting was made even more difficult by the strong economy and the job seeker's market.' This resulted in the client having to choose from candidates who had the 'soft' skills needed for the job but lacked the proper 'hard' skills and training.

How do you think it can be resolved?

Santo Ltd. has to develop its organisational, plan for the current year and for this purpose they hire professional consultants from the United States. These consultants incurred a lot of money in a collection of facts, figures, surveys, etc., including the salaries of the consultants. This whole process of planning has already proved to be a very costly affair and the eventual total cost may exceed the gains expected from the plan. In addition, the top management did not involve a middle and supervisory level of management during the planning process. These two levels of management are neither allowed to deviate from their plans nor are they permitted to act on their own. They keep thinking along the same lines as others so that nothing new or innovative gets added to the process.

(i) Should Santo Ltd, continue with existing planning with consultants from the United States? Explain with reasons. Also explain, which limitation of planning is reflected in this case?

(ii) Which limitation of planning is reflected when top management does not involve a middle and supervisory level of management during the planning process the above case? What remedial steps can Santo Ltd., take to overcome this limitation?

Which principle of scientific management suggests the introduction of scientific investigation and analysis of management practice?

Zantar Ltd. made its annual plan for the following year on the assumption that the sales of Product A, will rise in the near future. However, that same year a major technological development occured in the production of Product A and new competitors entered the market using that technology. These two incidences led to entry of low-prices and good quality competitors of Product A into the market.

(i) Which function of management is considered above ? What characteristic of this function has Zantar Ltd considered while preparing the annual plan for Product A for the following year ?

(ii) Should Zantar Ltd. continue with the same plan ?

(iii) Which limitation of management function is reflected in the above mentioned case study ?

Rakhi was in hurry. She went to a shop and bought a packet of cream biscuits. On opening the packet, she found that the biscuits were stale and a foul smell was coming.

In this context, state some of the responsibilities, which she should keep in mind while purchasing the biscuits.

___ seeks to protect and promote the interests of consumers.

Who can file a complaint under the Consumer Protection Act, 1986?

State the pillars,on which marketing concept is based.

Briefly explain the four elements of Directing.

___ is used to refer to a large number of services like after-sales services, handling complaints, procuring credit services, maintenance services and consumer information.

is the leftover money after covering the production cost of a company.