Arts (English Medium) कक्षा १२ - CBSE Question Bank Solutions

Explain briefly any three functions performed by a supervisor.

Samir Gupta started a telecommunication company, 'Donira Ltd' to manufacture economical mobile phones for the Indian rural market with 15 employees. The company did very well in its initial years. As the product was good and marketed well, the demand of its products went up. To increase production the company decided to recruit additional employees. Samir Gupta, who was earlier taking all decisions for the company had to selectively disperse the authority. He believed that subordinates are competent, capable and resourceful and can assume responsibility for effective implementation of their decisions. This paid off and the company was not only able to increase its production but also expanded its product range.

1) Identify the concept used by Samir Gupta through which he was able to steer his company to greater heights.

2) Also, explain any three points of importance of this concept.

Explain the following technique of scientific management:

Differential piece wage system

Explain the following technique of scientific management:

Time study

Neeraj Gupta started a company 'YoYo Ltd'. with ten employees, to assemble economical
computers for the Indian rural market. The company did very well in its initial years. As the product was good and marketed well, the demand went up. To increase production the company decided to recruit additional employees. Neeraj Gupta, who was earlier taking all decisions for the company, had to selectively disperse the authority. He believed that people are competent, capable and resourceful and can assume responsibility for effective implementation of their decisions. This paid off and the company was not only able to increase its production but also expanded its product range with different features

a. Identify the concept used by Neeraj Gupta through which he was able to steer his company to greater heights.
b. Also, explain any three points of importance of this concept.

Harsh started a company ‘Tiny-Toys Ltd.’ to manufacture economical toys for the Indian rural market, with 20 employees. The company did very well in its initial years. As the products were good and marketed well, the demand of its products went up. To increase the production the company decided to recruit additional employees. Harsh who was earlier taking all decisions for the company had to selectively disperse the authority. He believed that subordinates are competent, capable and resourceful and can assume responsibility for effective implementation of their decisions. This paid off and the company was not only able to increase its production but also expanded its product range with different features.

a. Identify the concept used by Harsh through which he was able to steer his company to greater heights.
b. Also, explain any three points of the importance of this concept.

Can a large sized organisation be totally centralised of  decentralised? Give your opinion. 

Decentralisation is extending delegation to the lowest level.  Comment.

The production manager asked the foreman to achieve a target production of 200 units per day, but he doesn’t give him the  authority to requisition tools and materials from the stores  department. Can the production manager blame the foreman  if he is not able to achieve the desired target? Give reasons. 

Distinguish Between Centralisation and Decentralisation.

State any two reasons why investing public can expect a safe and fair deal in the stock market. (Point w.r.t safety of Transactions – Functions of the Stock Exchange).

What is the common name for Beneficiary Owner Account, which is to be opened by the investors for trading in securities?

Name any two details that need to be provided by the investor to the broker while filling a client registration form.

What are the functions of the Stock Exchange?

Name the document prepared in the process of online trading of securities that is legally enforceable and helps to settle disputes/claims between the investor and the broker.

State any three points of importance of financial planning.

Define 'Decentralisation'.

Management should find One best way to perform a task. Which technique of scientific management is defined in this sentence?

Which of the following statements best describes Mental Revolution?

1. Both management and workers require each other.
2. The management and workers should not play the game of one-upmanship.
3. It implies a change of attitude of management only.
4. Workers should be paid more wages.

Hiring only university-trained engineers is an example of ____________.