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Amrit is running a ‘transport service’ and earning good returns by providing this service to industries. Giving reason, state whether the working capital requirement of the firm will be ‘less’ or ‘more’.
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Ramnath is into the business of assembling and selling of televisions. Recently he has adopted a new policy of purchasing the components on three months credit and selling the complete product in cash. Will it affect the requirement of working capital? Give reason in support of your answer.
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How does working capital affect both the liquidity as well as profitability of a business?
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What is working capital? Discuss five important determinants of working capital requirement?
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The workers of a factory remain idle because of lack of knowledge of hi-tech machines. Frequent visit of engineer is made which causes high overhead charges. How can this problem be removed. (vestibule training)
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‘ No organisation can be successful unless it fills and keeps the various positions filled with the right kind of people for the right job.’ Elucidate
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What are the advantages of training to the organisation?
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A reputed hostel, GyanPradan provides medical aid and free education to children of its employees. Which incentive is being highlighted here? State its category and name any two more incentives of the same category.
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Explain different financial incentives used to motivate employees of a company.
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Enlist the advantages of packaging of consumer products.
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What information is generally placed on the package of a food product? Design a label for one of the food products of your choice.
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Answer the following question.
State 'Job Enrichment' and 'Employee Participation' as non-financial incentives. How do they motivate employees?
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Cardbox of Shaving Cream is an example of?
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______ involves designing and producing container or wrapper of the product.
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______ is an important function of marketing which is important not only for protection of the product but also serves as a promotional tool.
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In Saarthak Steel several initiatives have been taken to further improve the motivation levels of employees through designing jobs that include greater variety of work content, providing certain stability about future income and work, providing fringe benefits like housing, medical aid, etc., allotment of shares in line with various incentives. Identify and briefly explain the incentives being given by the organization to the employees.
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Agrima, Arunima, and Avika are pursuing MBA from a reputed institution. Now it is the time for their placement. Agrima wants to work in a company that would provide her more authority for fulfilling her duties and will give recognition, rewards, perquisites, and prestige of the job. Arunima wants to work in an organization in which the behaviour of individuals is influenced by characteristics like autonomy, reward orientation, consideration of employees, risk-taking, etc. Avika wants to join an organization that has appropriate skill development programs and a sound promotion policy that encourages employees to exhibit improved performance. |
Identify and state the incentives about which Agrima, Arunima, and Avika are talking.
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What is meant by financial incentives?
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State any two financial incentives.
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Gitanjali Makan is a successful business leader. She believes that if jobs are made interesting by including greater variety of work content and providing a meaningful work experience, the jobs themselves become a source of motivation to individuals.
The non-financial incentive that has been discussed in the above case is ______.
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