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Identify the need in which an employee desires affection, acceptance, and friendship.

Which of the following is not classified as quality?

___ may be defined as those decisions, which are related to the investment of funds into different assets in a manner so that the firm is able to earn the highest possible returns for their investors.

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

Lack of proper management results in wastage of time, money and efforts. In the light of the above statement, explain any four points of importance of management.

A production incharge was given a standard toy-train. He/she was asked to produce similar other toy-trains. What control process should he follow?

Himanshu, Gagan and Naman are partners sharing profits and losses in the ratio of 3 : 2 : 1. On March 31, 2007, Naman retires. The various assets and liabilities of the firm on the date were as follows Cash Rs. 10,000, Building Rs. 1,00,000, Plant and Machinery Rs. 40,000, Stock Rs. 20,000, Debtors Rs. 20,000 and Investments Rs.30,000.

(i) Building to be appreciated by 20 %.

(ii) Plant and Machinery to be depreciated by 10 %.

(iii) A provision of 5 % on debtors to be created for bad and doubtful debts.

(iv) Stock was to be valued at Rs. 18,000 and Investment at Rs. 35,000.

Record the necessary journal entries to the above effect and prepare the revalution account.

Nowadays, we can book tickets through the internet. Identify the dimension.

What kind of strategic decisions are taken by business organisations?

Which of these is a main feature of business environment?

JK Ltd. has been well known for a delay in decision making an overlapping of work done. Identify management function lacking in the organisation and state the importance of this function?

Ramdas aged 49 is working in an aviation company. He is the senior most employee in his division. He is even senior to the division manager Kanaputti. Ramdas is considered one of the most committed capable and hard-working employees. As a result of his abilities and seniority. He generally received the work assignments of his choice. Although there was no formal designation of various 'special' projects assigned to Ramdas. He handled them as a matter of routine. A problem developed when an able and intelligent person Nagatitine aged 33 was appointed by Kanaputti Nagarjun's previous three years' experience. In the closely related work made it possible for him to catch on to the routine work of his new job more rapidly than was customary for a new employee. On several occasions, Kanaputti noticed the tension developing between the two employees. However, he didn't want to get involved in their personal issues as long as the work was completed effectively and efficiently by them. One day the tension between them reached the boiling point and Ramdas complained to Kanaputti stating that his duties were being largely taken over by Nagarjun. Kanaputti issued the order stating the clear allocation of the jobs and related duties between the two. He further clarified the working relationship between them by specifying who was to report to whom. This helped in reducing the workload, enhancing productivity and removing ambiguity.
1. Identify and state the step of organizing process which has not been carried out properly and contributed to this problem.
2. State the two steps of the organizing process which have been taken by Kanaputti to respond to the complaint of Ramdas.
3. Also state two points of importance of organizing as reflected in the above case.

What financial and non-financial incentives can the company use for employees and agents separately to motivate them? What benefits the company will get from them?

Mable Company is manufacturing health powders and chywanprash for domestic and export markets. Mable has enjoyed a substantial market shares and also has a loyal customer following. However, it has been facing problems because they haven’t been able to meet sales targets and the required customer satisfaction. Also, the health market in Indian has grown tremendously and new players have come with better technology and pricing thus causing problems for the company. Mable plans to revamp their controlling systems and take other steps necessary to rectify the problems they are facing.

(i) Identify the benefits Mable company will derive from a good control system?

(ii) How can the company relate its planning with control in this line of business to ensure that its plans are actually implemented and targets attained?

(iii) Specify the steps in the control process that the company should follow to remove the problems it is facing?

(iv) What techniques of control can the company use?

Why is management considered a multi-faceted concept?

What are the objectives of technique of standardisation?

Which of the following best describes ‘catch-up growth’?

What is meant by functional structure of an organisation? Explain any two of its advantages and limitations.

Discuss the role of sales promotion as an element of the promotion mix.

What do you call an individual or seller who exchanges any type of goods and services for payment?

Briefly explain the following principles of management.

(i) Science, not Rule of Thumb

(ii) Harmony, not Discord

(iii) Cooperation, not Individualism

Justify the statement:

(a) MPC and MPS are related to multiplier.

(b) Economy cannot be at equilibrium, when ex-ante savings greater than ex-ante investments.

(c) Investment increases with the increase in income.

Which of the following are external sources of recruitment?

___ is also forward-looking because it does not end only by comparing past performance with standards.

Fayol points out the danger of increased turnover and recruitment costs in one of his principles. Identify the principle.

Discuss economic reforms in India in the light of social justice and welfare.

State each of the following values suggested as Fayol's Principles of Management mean :

(i) Order (ii) Equity

(iii) Unity of direction

State the various precautions of the product method that should be kept in mind while estimating national income.

Mr. Nath, a recently appointed production manager of Suntech Ltd., has decided to produce jute bags instead of plastic bags as these are banned by the government. He set a target of producing 1000 jute bags a day. It was reported that the employees were not able to achieve the target. After analysis, he found that employees were demotivated and not putting in their best for achieving the target. Mr. Nath's behaviour is good towards the employees. His attitude is always positive. So, he announced various incentive schemes for the employees like :

- Installing awards or certificates for best performance

- Rewarding employees for giving valuable suggestions

- Congratulation the employees for good performance

(i) Identify the functions of management highlighted in the above paragraph.

(ii) State the incentive under which the employee are motivated.

(iii) State any two values which the production manager wants to communicate to communicate to society by his work and behaviour.

The levels of indirect channels are:

What is the lowest level of management called?

Mr. Mercury, Ms. Slick, Ms. Joplin, and Mr. Morrison are divisional heads of an MNC company heading their respective units in four regions of the world. Mr. Mercury guides his unit and involves them during decision making, while Ms. Slick and Mr. Morrison decide the policies and programmes but leave it up to their units to complete their tat on their own and Ms Joplin creates an environment of fear and punishment and control her unit's activities by limiting their creative and innovative ideas. Each of these unit heads are allotted supervisors to work under them. Mr. Mercury meets his supervisor every week to check on the work allocated by the supervisor. Ms. Slick and Mr. Morrison give complete autonomy to their respective supervisors and encourage autonomy to subordinates under their supervisors. Ms. Joplin's supervisor is held accountable and responsible for all activities in the organisation by ensuring that all roles and responsibilities are suitably allocated for all subordinates.

(i) Identify and explain the leadership styles undertaken by the four-unit heads? Also explain the flow of communication as a leaders.

(ii) Which features of supervision can you identify for the supervisors working under the four-unit heads?

'The staffing function is performed by every manager and not necessarily by a separate department'. Explain.

Why should plans have goals?

A salesperson is asked to finalise a deal with a customer. The marketing manager allows him to give a discount of up to 10% but the Finance Manager allows him to give a discount of up to 25%. Which principle is violated here?

The most effective leader is one who:

Which of the following is an example of quantitative standards set up in a controlling process?

Management is a systematic body of knowledge. What does this statement justify?

What are CURLY BRACKETS { } ?

Mr. Mat is the Human Resource Manager of Jai Hospital in Vellore. He has to appoint nurses for the hospital. Since patients in the hospital are of different types, he wants to find out the candidates' maturity and emotion in dealing with the patients. He also wants to know about the candidates'ability to make decisions. The test that he can use to meet his requirement.

A company X Ltd. manufacturing cosmetics, which has enjoyed a pre-eminent position in a business, has grown in size. Its business was very good till 1991. But after that, a new liberalised environment has seen an entry of many MNC's in the sector.

With the result, the market share of X Ltd. has declined. The company had followed a very centralised business model with directors and divisional heads making even minor decisions. Before 1991, this business model had sewed the company very well as consumers have no choice. But now, the company is under pressure to reform.

What organisation structure changes should the company bring about in order to retain its market share?

Manu, a Chief Manager in a company uses duplicated raw materials, instructions, machines, and equipment along with a duplicated workplace created for training his employees before using highly sophisticated machines and equipment. Which method of training has Manu considered for training of his employees?

From the following, which points explain the responsibilities of a consumer.

1. A consumer must exercise his rights

2. Insisting on cash memo

3. A consumer should be aware of his choice

Anya filed a case against Mahindra Ltd in the National Commission. But, she was not satisfied with the orders of the National Commission. Name the authority where she can appeal against the decision of the National Commission.