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Identify the dimension of business environment, in each of the following cases, and explain them.

(i) The project of Nano Car re-established in Gujarat.

(ii) Decrease in the repo rate to overcome recession.

(iii) Rise in the BSE price index, soon after the declaration of Lok Sabha Election 2014 results.

(iv) Increase in the number of working women.

(v) Prohibition of advertisement of alcoholic beverages on Doordarshan.

(vi) Demand for reservation for minorities in government jobs.

How does self-regulation by business persons help in consumer protection?

These days, the development of a country is also judged by its system of transferring finance from the sector where it is in surplus to the sector where it is needed most. To give strength to the economy, SEBI is undertaking measures to develop the capital market. In addition to this there is another market in which unsecured and short-term debt instruments are actively traded everyday. These markets together help the savers and investors in directing the available funds into their most productive investment opportunity.

(a) Name the function being performed by the market in the above case.

(b) Also, explain briefly three other functions performed by this market.

Briefly explain the term liberalization. How Indian business houses/management responded to this change?

___ relates to forecasting and assessing manpower needs.

Explain briefly 'initiative' and esprit de corps' as principles of general management.

A decision to acquire a new and modern plant to upgrade an old one is a

(a) financing decision

(b) working capital decision

(c) investment decision

(d) None of the above

Why should child labour be eliminated and how?

A company M Ltd. is manufacturing mobile phones both for the domestic Indian market as well as for export. It had enjoyed a substantial market share and also had a loyal customer following. But lately, it has been experiencing problems because its targets have not been met with regard to sales and customer satisfaction.

Also, the mobile market in India has grown tremendously and new players have come with better technology and pricing. This is causing problems for the company. It is planning to revamp its controlling system and take other steps necessary to rectify the problems it is facing.

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?

The Production Manager of an automobile company asked the foreman to achieve a target production of 200 units per day. But, he did not give him the authority to requisite tools and materials from the store. Can the Production Manager blame the foreman if he is not able to achieve a target? Explain briefly the principle relating to this situation.

What makes Jack feel caught in an ugly middle position?

Discuss the relevance of Taylor and Fayol's contribution in the contemporary business environment.

State a measure to overcome limitations of planning.

What is meant by redemption of debentures by conversion?

If an organisation does not provide the right place for physical and human resources, then which principle is violated? What are its consequences?

With the help of an example, discuss in brief, coordination.

'Motivation plays an important role in the success of management'. Explain any four points of importance of motivation in the light of the statement.

The General Manager of XYZ Ltd, was addressing employees during employee recognition program function. He stressed:employee should make all efforts to increase their market value. To achieve this objective, they should increase their capacity and efficiency. They should also make such endeavor as to get job satisfaction. Not only that it is equally essential that they should concentrate on minimizing the accidents.' Identify the type of incentive.

Blue Chips Ltd. offers to its employees, issue of shares at a price which is less than the market price.

(i) Name and explain the type of incentive offered to the employees.

(ii) Explain one more incentive of the same category.

“Democratic
citizenship is a project rather than an accomplished fact even in
countries like India which grant equal citizenship”. Discuss
some of the issues regarding citizenship being raised in India today.

What is meant by principle of centralisation?

Long term investment decision is also known as___

Getting maximum results with maximum efforts. It means the most optimum use of resources to maximise production and profitability. What objective is this referring to?

Coordination is the essence of management. Do you agree? Give reasons.

Who is a 'consumer' under the Consumer Protection Act, 1986?

Organising facilitates modification in an organisation structure and revision of inter-relationships among people in order to adapt to environmental changes. This helps the organisation :

Which of the following is an example of social environment?

(a) Money supply in the economy

(b) Consumer Protection Act

(c) The constitution of the country

(d) Composition of family

Why is delegation considered essential for effective organising?

A tall structure has a

(a) Narrow span of management

(b) Wide span of management

(c) No span of management

(d) Less levels of management

Timely promotions, offer for leadership opportunities, employee recognition etc. are the examples of which type of incentives?

‘The modern world is full of insecurity, fear, war, worry and stress.’ What are the ways in which we attempt to overcome them?

Choose the synonym of the underlined word in the sentence.

An example of Ben Franklin's ingenuity was his use of the printing press to print newspapers.

Mr. Ajay after completing MBA from USA comes to India to start a new business under the banner Ecom Creations Ltd. He launches a new product in e-learning for Senior Secondary School students in Commerce stream, which already has an established market in UK and USA but not in India. His business starts flourishing in India. Now more Indian companies entered into the market with other subjects also.

Identify and quote the lines from the above paragraph which highlight the significance of understanding business environment.

What is the difference between planned and unplanned inventory accumulation? Write down the relationship between change in inventories and value-added of a firm.

Which of the following is a limitation of controlling?

A ___ provides much of the detail to the managers in directing subordinates by specifying the steps to be taken and the time and order of the performance.

What is product mix? State the salient features of product to be considered under product mix.

Explain the situation of deficient demand in an economy. Also, explain the role of Repo Rate in correcting this.

Choose a quiet corner and keep still physically and mentally for about five minutes. Do you feel any change in your state of mind?

Explain the importance of consumer protection from the point of view of a business.

1) It is a concept held by people with vested interests.
2) It cannot lead to continous innovation and learning in organization.
3) Deuteron learning and n-th order changes are not part of this approach.
4) It cannot manage the cognitive and normative differences and preferences as part of the organizational practice.
5) It has a neutral idea of knowledge and rationality.

The actual pain or inconvenience caused by a physical impairment is often much less than the sense of alienation felt by the person with disabilities. What is the kind of behaviour that the person expects from others?

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