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Differentiate between formal and informal organization on the basis of the following:
Origin
Concept: Structure of Organisation
Differentiate between formal and informal organization on the basis of the following:
Authority
Concept: Structure of Organisation
Differentiate between formal and informal organization on the basis of the following:
Nature
Concept: Structure of Organisation
How is training in an organisation beneficial ‘for employees’? State by giving any four reasons.
Concept: Aspects of Staffing > Training and Development
Explain 'Internship' as a method of training.
Concept: Methods of Training
State the role of 'Speed Boss' in functional foremanship.
Concept: Functions of Management >> Controlling
Name and state the aspect of financial management that enables to foresee the fund requirements both in terms of 'the quantum' and 'the timings'.
Concept: Concept of Financial Planning
Explain the following as factor affecting the requirements of fixed capital:
Scale of operations
Concept: Fixed Capital
Explain the following as factor affecting dividend decision:
Stability of earnings
Concept: Financial Decisions> Financing Decision
Explain the following as factor affecting dividend decision:
Growth opportunities
Concept: Financial Decisions> Financing Decision
Explain the following as factor affecting dividend decision:
Cash flow position
Concept: Financial Decisions> Financing Decision
Explain the following as factor affecting dividend decision:
Taxation policy
Concept: Financial Decisions> Financing Decision
Explain the following as factors affecting the requirements of working capital:
Nature of business
Concept: Fixed Capital
Explain the following as factors affecting the requirements of working capital:
Seasonal factors
Concept: Fixed Capital
Explain the following as factors affecting the requirements of working capital:
Production cycle
Concept: Fixed Capital
Sanchit, after completing his entrepreneurship course from Sweden returned to India and started a coffee shop 'AromaCoffeeCan' in a famous mall in New Delhi. The speciality of the coffee shop was the special aroma of coffee and wide variety of flavours to choose from. Somehow, the business was neither profitable nor popular, Sanchit was keen to find out the reason. He appointed Sandhya, an MBA from a reputed college, as a Manager to find out the causes for the same.
Sandhya took feedback from the clients and found out that though they loved the special unique aroma of coffee but were not happy with the long waiting time being taken to process the order. She analysed and found out that there were many unnecessary obstructions in between which could be eliminated. She fixed a standard time for processing the order.
She also realised that there were some flavours whose demand was not enough. So, she also decided to stop the sale of such flavours. As a result of a short period, Sandhya was able to attract the customers
Identify and explain any two techniques of scientific management used by Sandhya to solve the problem.
Concept: Concept of Marketing Management
'Beauty Products Ltd' is a natural and ethical beauty brand famous for offering organic beauty products for men and women. The company uses plant-based materials for its products and is the No. 1 beauty brand in the country. It not only satisfies its customers but also believes in the overall protection of the planet.
Identify the marketing management philosophy being followed by 'Beauty Products Ltd
Concept: Concept of Marketing Management
An economy is in equilibrium. Find investment expenditure :
National income =1200
Autonomous consumption expenditure=150
Marginal Propensity to consume =0.8
Concept: Methods of Measurement of National Income >> Expenditure Method
Answer the following question.
Explain the meaning of opportunity cost with the help of a production possibility schedule.
Concept: Concepts of Production Possibility Frontier
What was the two-fold motive behind the systematic deindustrialisation effected by the British in pre-independent India?
Concept: India's Economy Before Independence
