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27301.

Which level of management follows the order and instruction given by chief executive officer?

Answer»

Middle level of management follows the order and instruction given by chief executive officer.

27302.

The edges of a triangular board are 6 cm, 8 cm and 10 cm respectively. Find the cost of painting at the rate of Rs 9 per m2.

Answer»

Semi-perimeter of a triangular board 

\(\frac { 6+8+10 }{ 2 }\) = 12 cm

Area of triangular board 

\(\sqrt { 12(12-6)(12-8)(12-10) } \)

\(\sqrt { 12\times 6\times 4\times 2 } \)

= 24 cm2

Cost of painting 1 cm2 is Rs 9

Cost of painting 24 cm2 is 24 x 9 

= Rs 216

27303.

Two cubical dice having edge 2 cm are joined end to end. Find the total surface area of the solid so formed.

Answer»

Length of the solid 

= 2 + 2 = 4 cm

Breadth = 2 cm

Height = 2 cm

Surface area = 2(lb + bh + hl)

= 2(4 x 2 + 2 x 2 + 2 x 4)

= 2(8 + 4 + 8)

= 2 x 20

= 40 cm

27304.

The difference between the sides at right angles in a right-angled triangle is 14 cm. The area of the triangle is 120 cm2. Calculate the perimeter of the triangle.

Answer»

Suppose the sides containing right angle be x and (x – 14) cm

Area of right angled triangle 

\(\frac { 1 }{ 2 }\) x base x altitude

\(\frac { 1 }{ 2 }\) × x (x – 14) cm2

area = 120 cm2

⇒ 120 = \(\frac { 1 }{ 2 }\) x (x2 – 14x)

⇒ x2 – 14x – 240 = 0

⇒ x2 – 24x + 10x – 240 = 0

⇒ x(x – 24) + 10(x – 24) = 0

⇒ (x – 24)(x + 10) = 0

either x – 24 = 0

⇒ x = 24

or x + 10 = 0

⇒ x = -10 (neglecting)

x = 24 cm (one side)

and another side = (x – 24) 

= (24 – 14) = 10 cm

Hypotenuse = √(242 + 102

= √(576 + 100) 

= √676 = 26 cm

Perimeter of the triangle 

= 24 + 10 + 26 = 60 cm

27305.

Who is the top level management accountable to?

Answer»

Top level management is accountable to shareholders, creditors, government, departments, and legal provisions.

27306.

What is the form of authority and responsibility in the various levels of management?

Answer»

In top level management both authority and responsibility are more. In middle level management, authority is comparatively less whereas responsibility is limited to departments only and in bottom level management, least authority is present while responsibility is limited to sub-divisions.

27307.

State the classification of the functions of management according to Luther Gulick.

Answer»

Gulick classified functions of management as:

  1. Planning
  2. Organizing
  3. Staffing
  4. Directing
  5. Co-ordination
  6. Reporting and
  7. Budgeting.
27308.

State the characteristics of Human Resource Management.

Answer»

Characteristics of Human Resource Management:

  • Human resource management includes selection, training, promotion and directing the employees.
    Human resource management enables to accomplish business objectives by integrating them with individual objectives business objectives.
  • Since employees are valuable assets of the business, the basic function of human resource management is to manage them,
  • It provides proper training and develops personnel for the job.
  • Human resource management evaluates performance of employees and places them at right position.
  • Efficient management can reduce labour turnover rate and can maintain skillful employees for a longer period in company.
  • As part of human resource management, conducive atmosphere is provided to employees. This boosts their enthusiasm and efficiency. The values of the company are maintained and business objectives are achieved.
27309.

What are functional areas of management?

Answer»

Managing a business requires undertaking several important functions. On the basis of these functions, we can classify the functional areas of management into –

1. Marketing Management:

Marketing management is the activity or function of providing goods or services from producers to customers. Over and above exchange of goods with money it also includes market research, distributive method, sales promotion, storage, insurance, etc.

2. Human Resource management:

The process which takes into consideration matters like proficiency, knowledge, intelligence, likes and dislikes, personal development, necessity, etc. of employees, integrates them with business objectives and channelizes the business towards the path of success and profitability is called Human Resource Management (HRM).

3. Financial management:

  • Financial management is the process of dealing with all the finance related functions of the business.
  • The function of acquisition, utilization and allocation of capital is called financial ‘ function or financial management.

4. Production management:

The process which includes planning for production, deciding programmes, maintaining co-ordination, direction, and keeping control is called production management.

    27310.

    Define process.

    Answer»

    A series of functions which is continuously performed for the accomplishment of pre-determined objectives of business is known as process.

    27311.

    Which of the following is not a problem of business expansion?(A) Problem of sales(B) Problem of employees(C) Problem of infrastructure(D) Problem of capital

    Answer»

    Correct option is (C) Problem of infrastructure

    27312.

    What is financial management? Which functions are included in it?

    Answer»

    Financial Management:

    • Financial management is the process of dealing with all the finance related functions of the business.
    • The function of acquisition, utilization and allocation of capital is called financial function or financial management.
    • Finance is the lifeblood of business. No activity is possible without finance.
    • Finance is required for the establishment, development, expansion and modernization of a business.

    Following functions are included in financial management:

    • To estimate the financial needs of the business activities
    • To make financial plans keeping in mind the time duration
    • To prepare budget
    • To allocate funds to various departments
    • To decide capital structure and to select sources of acquiring capital
    • To carry out the procedure for acquiring the finance
    • To see that the acquired funds are properly utilized and to keep control over financial activities
    • To form financial policy
    • To plan for taxes
    • To make arrangement of assets
    27313.

    State and define each management function.

    Answer»

    There are five major management functions. They are:

    1. Planning:

    • The process of selecting facts for obtaining the desired results and establishing inter-relationship between them, as well as observing necessary activities for forecasting and anticipating the future of business is called planning.
    • Planning is the first step of management.

    2. Organizing:

    • Organizing or organization is a structure for assigning authority and responsibility among individuals for achieving business objectives.
    • Under organizing, various sections and groups of people are allotted various ‘ business activities so that the objectives can be fulfilled.

    3. Staffing:

    • The function of staffing is to recruit employees for the right position, at the right time, in the right number, with the right qualification. It also includes selection, training, transfer, promotion, dismissal, retirement and welfare activities of employees.
    • This function is carried out by the Human Resource Department of the business organization.

    4. Directing:

    The management function of guiding and to supervising the employees for accomplishing business objectives is called directing.

    5. Controlling:

    • The function of controlling maintains the balance among efforts, result, resources and objectives. Controlling is the last function of management.
    • The function of controlling is to make sure that the business activities are conducted as planned.
    27314.

    All management functions are worthless without direction. Explain.

    Answer»
    • The management function of guiding and to supervising the employees for accomplishing business objectives is called directing.
    • Directing is extremely important to supervise employees of an organization effectively in order to achieve the business objectives.
    • In spite of all the business activities, the business can fail to operate if proper direction is not given to the employees or workers.
    • Hence, all management functions are worthless without direction.
    27315.

    Which of the following degree is necessary for management?(A) MD(B) MDS(C) MBA(D) LLB

    Answer»

    Correct option is (C) MBA

    27316.

    Who acts as trustees of the business enterprise?(A) Chief Executive Officer(B) Directors(C) General Manager(D) All of these

    Answer»

    Correct option is (B) Directors

    27317.

    Who among the following is not included in top level management?(A) Managing Director(B) Departmental heads(C) General Manager(D) Board of directors

    Answer»

    Correct option is (B) Departmental heads

    27318.

    ________ is an activity where specialized knowledge in specific field is acquired and is used for welfare of the society.(A) Science(B) Art(C) Management(D) Profession

    Answer»

    Correct option is (D) Profession

    27319.

    Two cubes each of 1 cm edge are joined end to end. Then the total surface area of the solid so formed is:(A) 12 sq. cm(B) 10 sq. cm(C) 15 sq. cm(D) 11 sq. cm

    Answer»

    Answer is (B) 10 sq. cm

    27320.

    The dimension of rectangular parallelopiped are in the ratio 6 : 5 : 4 and its total surface area is 33300 square metres. Find its volume.

    Answer»

    Let length, breadth and height of a cuboid are 6x, 5x and 4x respectively.

    Its total surface area

    = 2(lb + bh + hl)

    = 2(6x × 5x + 5x × 4x + 4x × 6x)

    = 2(30 x 2 + 20 x 2 + 24 x 2)

    = 2 x 74 x 2

    = 148 x 2

    But it is given that total surface area = 333000 sq.m

    i.e. 148 x 2 = 33300

    ⇒ x2\(\frac { 33300 }{ 148 }\)

    ⇒ x2 = 225 m2

    ⇒ x = √225

    ⇒ x = 15 m

    Dimensions of cuboid are

    6x = 6 × 15 = 90 m

    5x = 5 × 15 = 75 m

    and 4x = 4 × 15 = 60 m

    Volume of cuboid = 90 × 75 × 60 cubic metres 

    = 405000 cubic metres.

    27321.

    The length, breadth and height of a cuboid are 4 m, 3 m and 2 m respectively, then surface area of cuboid:(A) 25 sq. m(B) 26 sq. m(C) 52 sq. m(D) 62 sq. m

    Answer»

    Answer is (C) 52 sq. m

    27322.

    How many cubes of 3 cm edge can be cut out of a cube of 18 cm edge?(A) 36(B) 216(C) 218(D) 432

    Answer»

    Answer is (B) 216

    27323.

    A room is of length 5 metres, breadth 3.5 metres and height 4 metres. Find the cost of white washing the four walls and the roof at the rate of Rs 15 per square metre.

    Answer»

    Area of four walls = 2(l + b) x h 

    = 2[5 + 3.5] x 4 

    = 8.5 x 8 = 68.0 sq. m

    Area of roof = l x b = 5 x 3.5 = 17.5 m2

    Total area = 17.5 + 68 = 85.5 m2

    Cost of expenditure per square metre is Rs. 15

    Cost of expenditure of 85.5 sq. m 

    = 85.5 x 15 

    = Rs. 1282.5

    27324.

    Which of the following is included in functional level of management?(A) Supervisors(B) Departmental heads(C) General manager(D) Directors

    Answer»

    Correct option is (A) Supervisors

    27325.

    What is a series of functions which are continuously performed for the accomplishment of pre-determined objectives of business called?(A) Programme(B) Execution(C) Process(D) Management

    Answer»

    Correct option is (C) Process

    27326.

    Which of the following function is not a part of staffing?(A) Training(B) Transfer(C) Dismissal(D) Leadership

    Answer»

    Correct option is (D) Leadership

    27327.

    Who said ‘staffing is concerned with availing and maintaining satisfactory man-power’?(A) Henry Fayol(B) Dr. George Terry(C) Peter Drucker(D) Koontz and O’Donell

    Answer»

    Correct option is (B) Dr. George Terry

    27328.

    Which level decisions are least risky in a business?(A) Top level management(B) Middle level management(C) Bottom level management(D) Both (b) and (c)

    Answer»

    Correct option is (C) Bottom level management

    27329.

    Expand POSDCORB.

    Answer»

    POSDCORB – Planning, Organizing, Staffing, Directing, Co-ordinating, reporting, and budgeting.

    27330.

    State any two importance of management.

    Answer»

    The two importance of management are; 

    a. It helps in achieving group goals. 

    b. Helps in reduction of cost.

    27331.

    Each exterior angle of regular octagon is:(A) π/3 radian(B) π/6 radian(C) π/8 radian(D) π/4 radian

    Answer»

    Answer is (D) \(\frac { \pi }{ 4 }\) radian

    27332.

    The value of each angle of an equilateral triangle in circular system is:(A) π/2 radian(B) π/3 radian(C) 2π/3 radian(D) π radian

    Answer»

    Answer is (B) \(\frac { \pi }{ 3 }\) radian

    27333.

    In which quadrant, the angle whose measure is – 400° will lie?(A) First quadrant(B) Second quadrant(C) Third quadrant(D) Fourth quadrant

    Answer»

    Answer is (D) Fourth quadrant

    27334.

    A room whose floor is a square of side 6 cm contains 180 cubic metres of air. Find the height of the room.

    Answer»

    Let height of the room be h. 

    Here the room is of square floor, so we can write:

    6 x 6 x h = 180 m3 (Volume = 180 m3)

    ⇒ h = \(\frac { 180 }{ 6\times6 }\)

    ⇒ h = 5 m

    27335.

    The time is taken by the hour hand of a clock in tracing an angle of π/2  radian is?(A) 1 hour(B) 3 hours(C) 4 hours(D) 6 hours

    Answer»

    Answer is (B) 3 hours

    27336.

    In which quadrant will the revolving ray lie when it makes the following angles.(i) 280°(ii) 390°(iii) – 400°(iv) – 1120°

    Answer»

    (i) 280° = 3 right angles + 10°

    Hence, the position of the revolving ray will be the fourth quadrant.

    (ii) 390° = 4 right angles + 30°

    Hence, the position of the revolving ray will be in the first quadrant.

    (iii) – 400° = – 4 right angles – 40°

    Hence, the position of the revolving ray will be in the fourth quadrant.

    (iv) – 1120° = -3 x 4 right angles – 40°

    Therefore, the position of the revolving ray will be in the fourth quadrant.

    27337.

    Flow many 3 metre cubes can be cut from a cuboid measuring 18 m x 12 m x 9 m?

    Answer»

    We are given that edge of each cube = 3 m

    Volume of each cube = (edge)3 

    = (3)3 = 27 m3

    Volume of the cuboid 

    = l x b x h 

    = 18 x 12 x 9 m3

    Number of cubes 

    \(\frac { Volume of the cuboid }{ Volume of each cube }\)

    = (18 x 12 x 9)/27 = 72

    27338.

    The length, breadth and height of a room are 5 m, 4 m and 3 m respectively. Find the cost of white washing the walls of the room and the ceiling at the rate of Rs. 7.50 m2.

    Answer»

    (i) Here we are given that length (l) = 5 m, 

    breadth (b) = 4 m and height (h) = 3 m

    Total area of four walls and ceiling which is to be white washed 

    = 2(l + b) x h + lb

    = [2(5 + 4) x 3 + 5 x 4] m2

    = (54 + 20) m2 = 74 m2

    (ii) Cost of white washing 1 m2 area 

    = Rs. 7.50

    Cost of white washing 74 m2 area 

    = Rs. (74 x 7.50) = Rs. 555

    27339.

    Three solid cubes of sides 1 cm, 6 cm and 8 cm are melted to form a new cube. Find the sin-face area of the cube so formed.

    Answer»

    Volume of new cube 

    = (13 + 63 + 83) cm3 

    = (1 + 216 + 512) cm3 

    = 729 cm3

    Edge of new cube 

    \(\sqrt [ 3 ]{ 729cm^{ 3\qquad } }\) 

    = 9 cm

    Surface area of the cube so formed 

    = 6 x (edge)2 = 6 x (9)2 

    = 6 x 81 = 486 cm2

    27340.

    Find the cost of digging a cuboidal pit 8 m long, 6 m broad and 3 m deep at the rate of Rs. 30 per m3.

    Answer»

    Length of a cuboidal pit = 8 m, 

    breadth = 6 m and depth = 3 m

    Volume/Intemal space of the pit 

    = 8m x 6m x 3m = 144 m3

    Cost of digging 1 m3 space is Rs. 30

    Cost of digging 144 m3 space 

    = Rs. 144 x 30 = Rs. 4320

    27341.

    The floor of a rectangular hall has a perimeter 250 m. If the cost of painting the four walls at the rate of Rs. 10 per m2 is Rs. 15,000, find the height of the hall.[Hint: Area of the four walls = Lateral surface area]

    Answer»

    Here we are given that perimeter of the floor of a rectangular hall = 250 m

    Area of four walls to be painted 

    = 2(l + b) x h = Perimeter x h …..(i)

    Cost of painting the four walls at the rate of Rs. 10 per m2 is Rs. 15,000

    Total area which is to be painted 

    \(\frac { 15000 }{ 10 }\) = 1500 m2

    Using relation (i), we have

    1500 m2 = Perimeter x h

    ⇒ 1500 m2 = 250 m x h

    ⇒ h = 6 m

    Hence, height of the room is 6 m.

    27342.

    A plastic box 1.5 m long, 1.25 m wide and 65 cm deep is to be made. It is opened at the top. Ignoring the thickness of the plastic sheet, determine(i) the area of the sheet required for making the box.(ii) the cost of sheet for it, if a sheet measuring 1 m2 costs Rs. 20.

    Answer»

    Here we are given that

    (i) Length of plastic box (l) = 1.5 m

    Breadth of plastic box (b) = 1.25 m

    Height of plastic box (h) = 65 cm 

    = 0.65 m

    Since box is open at the top. 

    Therefore total

    surface area  of the plastic box (open at the top)

    = lb + 2bh + 2hl

    = [1.5 x 1.25 + 2(1.25 x 0.65 + 0.65 x 1.5)] m2

    = [1.875 + 2(0.8125 + 0.975)] m2

    = [1.875 + 2 x 1.7875] m2

    = [1.875 + 3.575] m2

    = 5.450 m2

    Hence, area of the plastic sheet required for making the box is 5.450 m2.

    (ii) Cost of 1 m2 plastic sheet = Rs. 20

    Cost of 5.45 m2 plastic sheet 

    = Rs. 5.540 x 20

     = Rs. 109

    27343.

    State any two features of co-ordination.

    Answer»

    The two features of co-ordination are; 

    a. Coordination ensures unity of action 

    b. Coordination is a continuous process.

    27344.

    State any one features of co-ordination

    Answer»

    Coordination ensures unity of action.

    27345.

    State any three features of co-ordination.

    Answer»

    Characteristics of Co-ordination:

    (a) Co-ordination integrates group efforts: Coordination unifies unrelated or diverse interests into purposeful work activity. It gives a common focus to the group efforts to ensure that performance is same as it was planned and scheduled.

    (b) Co-ordination ensures unity of action: The purpose of co-ordination is to secure unity of action in the realization of a common purpose. It acts as the binding force between different departments and ensures that all action is aimed at achieving the goals of the organisation.

    (c) Co-ordination is a continuous process: Coordination is not a one-time function but a continuous process. It begins at the planning stage and continues till controlling.

    27346.

    Price elasticity of demand of a good is (-) 1. The consumer buys 50 units of that good when price is Rs.2 per unit. How many units will he buy if the price rises to Rs.4 per unit? Answer this question with the help of total expenditure method of determining price elasticity of demand.

    Answer»
    Price (Rs.)Quantity Demanded (Units)TE (Rs.)
    250100
    425100

    Given,            Ed= -1.

    In this case, when elasticity of demand is (-)1, total expenditure will remain constant.

    Total Expenditure (TE) =2 x 50 = Rs.100

    TE does not change

    When prices is Rs.4 per unit

    Quantity demanded = 100/4 = 25 unit

    27347.

    A consumer buys 10 units of a good at a price of Rs.9 per unit. At price of Rs.10 per unit, he buys 9 units. What is price elasticity of demand? Use expenditure approach. Comment on the likely shape of demand curve based on this measure of elasticity.

    Answer»
    Quantity (Units)Price (Rs.)TE (P x Q) (Rs.)
    10990
    91090

    As per the expenditure approach, when with a change in price, the total expenditure remains unchanged, demand is unitary elastic (eD= 1). The shape of demand curve will be rectangular hyperbola.

    27348.

    When income of the consumer falls the impact on price-demand curve of an inferior goods is: (choose the correct alternative)(i) Shifts to the right (ii) Shifts to the left (iii) There is upward movement along the curve (iv) There is downward movement along the curve.

    Answer»

    (i) Shift to the right.

    27349.

    Why a situation of increasing returns to a factor not sustainable? Give two reasons.

    Answer»

    A situation of increasing returns to a factor is not sustainable owing to the following reasons: 

    (i) some factors are fixed in supply. So that their use cannot be increased proportionate to the variable factors. 

    (ii) factors of production are not perfect substitutes of each other.

    27350.

    What is important for the promotion of long term health? लम्बी अवधि के स्वास्थ्य के विकास के लिए क्या महत्त्वपूर्ण है?

    Answer»

    The free movement of blood through the digestive, reproductive, glandular and immune systems is important for the promotion of long term health. These systems play an important role in the development and fitness of the body.

    पाचन, प्रजनन, ग्रन्थि एवं प्रतिरक्षा तन्त्रों में रक्त का स्वतंत्र संचार लम्बी अवधि के स्वास्थ्य के विकास के लिए महत्त्वपूर्ण है। ये तंत्र शरीर के विकास एवं पूर्ण स्वास्थ्य में एक महत्त्वपूर्ण भूमिका निभाते हैं।