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Primary and secondary markets:

Bhuvan, Rishabh and Piyush have decided to start a business of manufacturing toys. They identified the following main activities which they have to perform

• Purchase of raw material

• Purchase of machinery

• Production of toys

• Arrangement of finance

• Sale of toys

• Selection of employees

In order to facilitate the work, they thought that four managers should be appointed to look after production, finance, marketing, and personnel.

(i) Identify the function of management involved in the above paragraph.

(ii) Quote the lines from the above paragraph which helps you to identify this function.

(iii) State the steps followed in this process.

Give the meaning of 'strategy' and 'rule' as types of plans.

Rajat is a sales manager who achieved his sales target one month in advance. This achievement was displayed on the notice board and a certificate for the best performance was awarded to him by the CEO of the company. ___ is the incentive provided to Rajat?

___ says that a consumer should be aware of his rights and remedies available.

Can a large sized organisation be totally centralised or decentralised?

Hina Sweets is a renowned name for quality sweets since 1935. Harsh, the owner of Hina Sweets was worried as the sales had declined during the last three months. When he enquired with the Sales Manager, he was told that there were some complaints about the quality of sweets. So, Harsh ordered for sample checking sweets. ___ is the step taken by Harsh that is related to one of the functions of management.

___ is the focal point of marketing management?

What is Zero-Coupon Bond?

What specializations are possible by choosing S001, S002 and S003?

Which of the following are the elements of Marketing mix?

Discuss in brief how do the below mentioned points influence price determination.

(i) Objective (ii) Cost

(iii) Competition (iv) Buying motives

List the major elements of new industrial policy.

Henri Fayol was a

By optimising production and achieving a better understanding of the market ,what does a company seeks to maximise?

Who is a casual wage labourer?

Enumerate any four advantages of branding.

Examples that represent convenience products.

Mr. Sandhu worked as a manager in a company manufacturing stationery items for 10 years. Later he thought of starting his own business as he acquired the skills and expertise in the past. He started his own venture and divided the organisation into six major departments- Production, Marketing, Purchase, Legal, Human resource and Finance. After a month, he called upon a meeting of all the departmental heads in his office and told the managers of the production, marketing, and finance departments to be very vigilant as their departments are critical to the success of the business. Shortcomings in personnel, purchase and legal departments would not affect the success of the business. Therefore, Mr.Sandhu determined deviation tolerance limits for the critical department. Identify the functions of management referred above.

___ function of management fills the jobs created by organising functions.

Spot the reflexive/emphatic pronoun in the sentence.

She herself made the baskets for the flower girls.

Describe standardisation and grading as marketing functions.

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 restructuring 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.

Do you think that the introduction of scientific management as recommended by 'M Consultants' will result in an intended outcome?

The highest amount of Profit accrues to a cost centre of which branch?

Explain how controlling helps in

(i) Making efficient use of resources.

(ii) Improving employees motivation.

Management helps in:

___ incentives are needed to satisfy esteem and psychological needs.

___ principle of management control suggests that an attempt to control everything results in controlling nothing.

Which of these is an important characteristic of management?

What is meant by financial market?

___ refers to manipulating the prices of securities with the main objectives of inflating or depressing the market price of securities.

Technical skills are most important for which of the following:

Consumers should use ISI marked electrical appliance is an example of

What is meant by diversification?

Arnav, a manager of Micro Ltd., does not distribute the work amongst his subordinates, according to the capabilities. He has given the work on the basis of favouritism. Which principle is overlooked? Give some of its violating effects.

Which of the following is a function of financial markets?

___ relates to how much of the company's after-tax profit is to be distributed to the shareholders and how much of it should be retained in the business for meeting the investment requirement.

Explain the working of a demat account.

Meca Ltd., a reputed automobile manufacturer needs rupees ten crores as additional capital to expand its business. Atul Jain, the CEO of the company wanted to raise funds through equity. On the other hand, the Finance Manager, Nimi Sadheve said that the public issue may be expensive on account of various mandatory and non-mandatory expenses. Therefore, it was decided to allot the securities to institutional investors. Name the method through which the company decided to raise additional capital.

Being a 'management guru', you feel that the adopted plan is not suitable for the company's growth. Suggest an ideal plan for your company and briefly discuss its characteristics.

Explain the role of supervision as an element of directing function of management.

Sudha Lts. has sold 1 lakh equity shares of Rs.10 each at Rs.12 per share to an investment banker, who offered them to the public at Rs.20 each. Identify the method of floatation.

Motivation is related to:

A network of social relationships that arises spontaneously due to the interaction of work is called:

$\frac{17}{50}$ as a percentage is ____.

Name the establishment, which makes and sells the computers and it's related accessories.

Name the element of directing under which the manager shares information with subordinates.

After completing her studies in product design, Sarita wishes to start her own business to design products to cater to the mobility and communication requirements of persons with special needs. She told her friend that she wanted to focus on supplying high-quality products at affordable prices. The Unique Selling Proposition of the products would be sensitivity to the challenges and needs of the differently abled people. She wants to employ only differently abled persons in her factor and sales offices across the country. This decision of Sarita provides the base for interpreting her strategy. This also defines the broad parameters within which the company may recruit the persons. Sarita has also to decide about the exact manner and the chronological order oh how the selection of the differently abled applicants will be done. In the above lines. Sarita is discussing about one of the functions of management. This function has several types.