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'She/he keeps machines, materials, tools, etc., ready for operations by concerned workers'. Whose work is described by this sentence under functional foremanship

(a) Instruction Card Clerk

(b) Repair Boss

(c) Gang Boss

(d) Route Clerk

___ aims to reduce the cost of funds procured, keeping the risk under control and achieving effective deployment of such funds.

Enumerate the various Acts passed by the Government of India which help in the protection of consumers’ interests.

Financial management is based on three broad financial decisions. What are these?

Centralised control in MNC's implies control exercised by

(a) Branches

(b) Subsidies

(c) Headquarters

(d) Parliament

While determining the organisational structure, top-level management has taken the decision to add three different divisions for each of the three new products - Ladies bags, washing machines, and footwear. The Incharge of ladies bags division will be a female and that of footwear division will be a disabled person. Which values have been considered here?

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 development team which invented the first smart watch, named as W-7. The watch besides showing the time, also monitors few health parameters like heart beat, 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 simplifies export procedure and removal of quantitative as well as tariff restrictions in India.

It set up its office in Jamnagar with a view to capture the Indian market. In a short span of time, the company emerged as a market leader. Success of the company attracted many other players to enter the market. Competition resulted in reduction in prices, there by benefiting the customers.

(a) In the above paragraph, two major concepts related to government policy have been discussed. Identify and explain these concepts.

(b) Also, explain briefly any three impacts of these concepts on India business and industry.

Give the name of environment that provides the framework, within which the business has to function?

Explain any four points of importance of consumer protection from the point of view of business.

Nokia takes four-lane road to consumers. In New Delhi, after having grabbed a king size 79% share of the Rs. 15,000 crore mobile handset market in India, Nokia India has found a new way of connecting people. The mobile handset manufacturer has embarked upon a brand new retail strategy that is based on a classification of its consumers into four major groups that separates people in terms of usage, income level and lifestyle.

The classification is based on an extensive survey- The Nokia Segmentation Study -that was carried over 2 years involving 42,000 consumers from 16 countries. It studied the impact lifestyle choices and attitudes have on the mobile devices consumers buy and how they use them. The strategy, which was announced globally in June last year, is being unfolded in India now. While the nitty-gritty of the new strategy is still being worked out, it is likely that the company would follow separate marketing strategies for the four different segments. The advertising campaigns could be different for the segments.

Nokia's entire product portfolio has now been realigned towards these four groups to address the specific needs of each. The first of these segments Live, aimed at first time users, whose basic need is to stay in touch with voice as the main driver, would have basic handsets low on features and price. 'These may be functional phones, but the target group for these phones range from SEC C(low socio-economic class) to SEC Al+ (very high socio-economic class) markets', says Nokia India marketing head, Devinder Kishore. The second segment Connect looks at more evolved users, who look for more functionality and features and connectivity. Accordingly, phones in this segment would have GPRS, camera and music capabilities.

The next two categories, Achieve and Explore, are aimed at high-end users and have Nokia's top-end handsets. e.g. Achieve segment looks at enterprise users, who need to have business functionalities In their phones. Nokia's new E-series has been put under this segment with handsets having QWEFtTY keyboards and full Internet capabilities. Aimed at high-end lifestyle users, Explore would be the most prominent segment for the company in the coming years. Says Nokia India multimedia business director, Vineet Taneja, 'This segment would see the most vibrant growth in the coming year. It will look at five different areas—applications, imaging, mobile, TV, music and gaming. We are fast developing the ecosystem to support these areas'.

Nokia acquired music solution and content provider LoudEye and GPS solution provider Gate 5. It is all slated to launch its most high-profile handset, which boasts of having a 5 mega pixel camera and GPS capabilities apart from iPod quality music, in February. Says Taneja, 'There is increasing demand for convergence and multiple functionalities in high-end handsets. The N-series will try to address that'. Nokia feels that the new platform strategy, wherein different handsets are launched under a platform, like the N-Series will become a status and style statement and drive numbers.

What is the basis of classification of the market used by the company?

What are the various ways in which the objective of consumer protection can be achieved? Explain the role of consumer organisations and NGOs in this regard.

Centralisation refers to

(a) Retention of decision-making authority

(b) Dispersal of decision-making authority

(c) Creating divisions as profit centres

(d) Opening new centres or branches

What do you mean by globalization?

Canara bank wants to open a new branch on their own. What is this decision called?

What is meant by 'long-term investment decision'? State any three factors which affect the long-term investment decision.

Urban planner: The mayor of Dismaston supports a new tax code that would assess local businesses on the property value of their site rather than on their income or profits; the mayor argues that this change will not contribute to any loss in tax revenue for the city. Several city council members disagree, citing similar changes to tax code that were unsuccessful in cities similar to Dismaston. The council members’ argument is without merit, though, because property values rise steadily each year, while business incomes fluctuate wildly with the national economy.
Which of the following is an assumption on which the argument depends?

Best way to study tips and must have things in their time table

Explain the 'medium of exchange' function of money.

Which plan is defined as the formalised or systematic way of doing routine or repetitive jobs?

निम्नलिखित प्रश्न का उत्तर दीजिए −

दीपक दिखाई देने पर अँधियारा कैसे मिट जाता है? साखी के संदर्भ में स्पष्ट कीजिए।

Management is intangible. Comment

The management of company F Ltd. now, realised its folly. In order to rectify the situation, it appointed a management consultant 'M Consultants' to recommend a restructure plan to bring the company back on the rails. M Consultants undertook a study of the production process at the plant of the company F Ltd. and recommended the following changes:

1. The company should introduce scientific management with regard to production.

2. Production planning including routing, scheduling, dispatching and feedback should be implemented.

3. In order to separate planning from operational management, 'functional foremanship' should be introduced.

4. Work study should be undertaken to optimise the use of resources.

5. 'Standardisation' of all activities should be implemented to increase efficiency and accountability.

6. To motivate the workers 'differential piece rate system' should be implemented.

7. The above changes should be introduced apart from the steps recommended in case problem (as an answer to question number 3 of that case problem).

It was expected that the changes will bring about a radical transformation in the working of the company and it will regain its pristine glory.

What precautions should the company undertake to implement the changes?

• Think of a person who you would like to have as a role model.



• Write down the points to be discussed or questions to be asked, if you were asked to interview that person on a television show.

Colour television wiped out the market of old black and white television. Identifiy the environmental dimension.

The workers always try to show their inability when any new work is given to them. They are always unwilling to take up any kind of work. Due to a sudden rise in demand a firm wants to meet excess orders. The supervisor is finding it difficult to cope up with the situation. Suggest ways for the supervisor to handle the problem.

'Selection is a negative process'. Do you agree?

A company does window dresssing in its financial statements to attract investors and creditors. Is it correct in your opinion? Which values are affected here?

'Environment provides both constraints and opportunities'. Comment.

'Stock market imparts liquidity to investment.' Comment.

___ refers to the changes taking place in the method of production and use of equipment to improve the quality of product.

___ is the method of training in which the trainees work directly with a senior manager and the manager takes full responsibility if the trainee.

In terms
of helping solve an important social problem such as crime, which
branch of psychology do you think is most suitable? Identify the
field and discuss the concerns of the psychologists working in this
field.

What made the peddler think that he had indeed fallen into a rattrap?

Discuss in pairs or small groups.

1. Talk about any interview that you have watched on television or read in a newspaper. How did it add to your understanding of the celebrity, the interviewer and the field of the celebrity?

2. The medium you like best for an interview, print, radio, or television.

3. Every famous person has a right to his or her privacy. Interviewers sometimes embarrass celebrities with very personal questions.

Consumers can ask anything regarding date of manufacture, price, quantity etc., is an example of___

Which was the only occasion when she got to see Danny Casey in person?

What are the various types of ratios?

___ is the collection of unsold goods waiting to be sold.