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Calculate Revenue from operations of BN Ltd. From the following information:
| Current assets | ₹ 8,00,000. |
| Quick ratio is | 1.5: 1 |
| Current ratio is | 2: 1 |
| Inventory turnover ratio is | 6 times. |
Goods were sold at a profit of 25% on cost.
Concept: Activity Ratios >> Inventory Turnover Ratio
Explain the meaning of the term 'Relational database'.
Concept: Logical Structuring of Data in Tables
Explain the meaning of the term 'Query' as a tool of SQL.
Concept: Introduction Data Base Management System for Accounting
Explain the meaning of the term 'Join' as a tool of SQL.
Concept: Introduction Data Base Management System for Accounting
Explain any four points that highlight the importance of principles of management
Concept: Significance of Management Principles
State any three points of importance of business environment.
Concept: Concept of Business Environment
Explain any three features Business Environment
Concept: Concept of Business Environment
Explain the following limitations of planning:
- Planning reduces creativity.
- Planning involves huge costs.
Concept: Limitation of Planning
Explain the following as limitations of planning:
- Planning leads to rigidity.
- Planning may not work in a dynamic environment.
Concept: Limitation of Planning
Answer the following question:
Aradhana and Gandharv are heads of two different departments in 'Yumco Ltd.' 'They are efficient managers and are able to motivate the employee of their respective departments to improve performance. However, their drive to excel in their own sphere of activity instead of giving emphasis on objectives of the enterprise has hindered the interaction between the departments that Aradhana and Gandharv are heading. Often there are inter-departmental conflicts and they have become incompatible. This has proved to be harmful in the fulfillment of the organisational objectives. The situation has deteriorated to such an extent that the CEO of 'Yumco Ltd.' has hired a consultant, Rashmi, to resolve the problem. After studying the situation closely, Rashmi found that the problem has arisen due to inflexibility and a narrow perspective on the part of both Aradhana and Gandharv. She is of the view that this situation is a result of the type of organisational structure 'Yumco Ltd.’ has adopted.
From the above information, identify the organisational structure adopted by ‘Yumco Ltd.’ and state any three advantages of the structure so identified.
Concept: Structure of Organisation
What is meant by 'functional structure' of an organisation?
Concept: Structure of Organisation
State any four points which highlight the importance of delegation in an organisation.
Concept: Concept of Delegation of Authority
How is the training of employees beneficial for the organisation? State by giving any four reasons.
Concept: Aspects of Staffing > Training and Development
Answer the following question:
Ram Murthy, the CEO of ‘Goodcare Hospitals’, a leading chain of hospitals, decided to reward the good work of the doctors of his organisation. For this, he instituted two running trophies. A ‘Healthcare Achievers Trophy’ to acknowledge and appreciate the tireless efforts of the doctors who rendered selfless services to the patients and another ‘Beti Bachao Trophy’ to recognise the outstanding work done by the doctors in saving the girl child.
The CEO also wanted to improve the health services in rural areas all over the country. He decided that all doctors must work in rural areas for at least six months. He also decided that the paramedical staff should be employed locally.
(1) Identify the incentive provided by ‘Goodcare Hospitals’ to its doctors through running trophies
(2) Which needs of the doctors will be satisfied through the incentive identified in part (a)? State.
(3) State any two values that the CEO of ‘Goodcare Hospitals’ is trying to communicate to society.
Concept: Motivation> Financial and Non-Financial Incentives
Answer the following question:
The Return on Investment (ROI) of a company ranges between 10 - 12% for the past three years. To finance its future fixed capital needs, it has the following options for borrowing debt:
Option ‘A’: Rate of interest 9%
Option ‘B’: Rate of interest 13%
Which source of debt, ‘Option A’ or ‘Option B’, is better? Give reasons in support of your answer. Also, state the concept being used in taking the decision.
Concept: Fixed Capital
Answer the following question:
An investor wanted to incest RS. 20,000 in Treasury Bills for a period of 91 days. When he approached the Reserve Bank of India for this purpose he came to know that it was not possible.
Identify the reason why the investor could not invest in the Treasury Bill.
Concept: Capital Market
Answer the following question:
An investor wanted to incest RS. 20,000 in Treasury Bills for a period of 91 days. When he approached the Reserve Bank of India for this purpose he came to know that it was not possible.
Identify the reason why the investor could not invest in the Treasury Bill.
Concept: Capital Market
Answer the following question:
Why is the understanding of ‘Marketing Management Philosophies’ important?
Concept: Marketing Management Philosophies
Answer the following question:
‘Buy one get one free’ is printed on the label of the package of a mosquito repellant. State the labelling function being performed by this statement.
Concept: Marketing Mix> Product >> Labelling
What is meant by 'Personal Selling'?
Concept: Promotion Mix >> Personal Selling
