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As per the Consumer Protection Act, 2019, for what value of defective goods or deficient services can a complaint be filed at the State Commission?
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Where can an appeal against the order of the National Commission be made if the aggrieved party is not satisfied by its order?
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‘RP Infotech Ltd.” decided to approach ‘Patel Engineering College’ to recruit qualified personnel for various technical jobs in its newly opened branch in Surat.
Which source of recruitment from the following has been used by ‘RP Infotech Ltd.’ in the above case:
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Delegation of authority ‘Develops employees’, ‘Motivates them’ and ‘Facilitates growth.' Explain how.
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Tapping external sources for various job positions has many benefits.’State any four such benefits.
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State any four limitations of using internal sources of recruitment.
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Identify the external source of recruitment illustrated by the picture given below:
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| Harish is working as a finance manager in 'Kozee Softwares Ltd.' He has been awarded “Best employee of the year Award’ because of his foresightedness. He always aims at smooth operations of all the financial activities by focusing on fund requirements and their availability in the light of financial decisions. He takes into consideration the growth, performance, investments and requirement of funds for a given period so that financial resources are not left idle and don't unnecessarily add to the cost. |
By doing all this Harish strives to achieve the two main objectives of an important concept of financial management. Identify the concept and explain its two objectives.
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Filling vacancies for various job positions from within the organisations has many benefits. State any four such, benefits.
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“Filling vacancies for various job positions from within the organisation has many limitations." State any four such limitations.
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Write short notes on Importance of financial planning
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Explain any three functions of stock exchange.
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What is meant by 'Decentralization'?
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Explain briefly any three functions performed by a supervisor.
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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.
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Explain the following technique of scientific management:
Differential piece wage system
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Explain the following technique of scientific management:
Time study
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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.
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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.
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Can a large sized organisation be totally centralised of decentralised? Give your opinion.
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