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Mrs. Ahilya Pasi is the Principal of a prestigious school in New Delhi. The school has a vacancy of a headmistress/headmaster of the junior wing of the school. The senior teachers of the school have the opinion that only internal candidates should be considered for this post. However, Mrs. Pasi and the management would like to invite applications from external sources too. Briefly explain any three justifications the management can provide to convince the staff for inviting applications of external candidates for the vacant post.
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'External sources of recruitment may lead to dissatisfaction and frustration among existing employees. They may feel that their chances of promotion are reduced.' Give two situations when external sources may be used without dissatisfying the existing employees.
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Explain 'Private Placement' and 'Rights Issue' as methods of floatation of new issues in the primary market.
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State when can a consumer complain directly in the 'State Commission' and 'National Commission'? If the consumer is not satisfied with the decision of 'The State Commission' and National Commission' where can he/she appeal?
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'Gujarat Textiles Ltd.' needs to raise a fund of ₹80 crores. It cannot afford the cost of a public issue, so it was decided to allot its equity shares to institutional investors like LIC and some selected investors.
Identify and explain the method of floating new issues used by 'Gujarat Textiles Ltd.'
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State any five reliefs available to a consumer if the consumer court is satisfied with the genuineness of the complaint.
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| The Human Resource Manager of Alfa Ltd. a leading air-conditioner manufacturer requires employees for various posts. He wanted to opt for a source of recruitment where the background of potential candidates is sufficiently known. He knew that applicants introduced by present employees or their friends and relatives may prove to be a good source of recruitment. |
- Identify the external source of recruitment discussed in the above paragraph.
- State any four advantages of external sources of recruitment.
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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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