CUET (UG) entrance exam Question Bank Solutions for Business Studies

Rajan Ltd. decided to change their organization structure and shift to functional structure. So, it decided to hire four different Heads for Sales, Accounts, Purchase and Production from outside the company to bring fresh talent. It publishes advertisement and shortlists 20 candidates for each position after conducting various selection tests. Out of the following, identify the next step to be followed by Rajan Ltd.

Which of the following steps in the process of staffing involves the process of searching for prospective employees and stimulating them to apply for respective jobs in the organization?

Indian Entrepreneurship Development Institute is situated in ______ 

Assertion (A): Internal recruitment simplifies the process of selection and placement.

Reason (R): Filling vacancies in higher jobs from within the organisation motivates the employees to improve their performance through learning and practice.

Assertion (A): Direct method of recruitment is very inexpensive as it does not involve any cost of advertising for the vacancies.

Reason (R): Under direct recruitment, a notice is placed on the notice-board of the enterprise specifying the details of the jobs available.

Which of the following statements is not applicable to the concept of Accountability?  

______ implies being answerable for the final outcome. 

Real Tech Builders has to deliver the flats to its buyers for possession on time. Due to this, there is a sudden increase in workload. Therefore, the company needs to arrange workers to work at the sites at a short notice. The source of recruitment which may be used by the company to tap the casual vacancy is :

In which of the following external source of recruitment, applicants are introduced by the present employees :

Match the ELEMENTS of Delegation in Column I with the corresponding EXPLANATION in Column II. 

Net working capital may be defined as the:

Assertion (A): A commercial bill is a bill of exchange used to finance the working capital requirements of business firms.

Reason (R): Commercial bill is a short-term, negotiable, self-liquidating instrument which is used to finance the credit sales of firms.

Fixed capital is financed through:

Read the following text and answer the following question on the basis of the same:

Mr. A. Bose is running a successful business. Mr. Bose is the owner of R. K. Cement Ltd. Mr. Bose decided to expand his business by acquiring a Steel Factory. This required an investment of Rs. 60 crores. To seek advice in this matter, he called his financial advisor Mr. T. Ghosh who advised him about the judicious mix of equity (40%) and Debt (60%). Employ more of cheaper debt may enhance the EPS. Mr. Ghosh also suggested him to take loan from a financial institution as the cost of raising funds from financial institutions is low. Though this will increase the financial risk but will also raise the return to equity shareholders. He also apprised him that issue of debt will not dilute the control of equity shareholders. At the same time, the interest on loan is a tax-deductible expense for computation of tax liability. After due deliberations with Mr. Ghosh, Mr. Bose decided to raise funds from a financial institution.

"Mr. T. Ghosh who advised him about the judicious mix of equity (40%) and Debt (60%)." The proportion of debt in the overall capital is called ______.

Which of the following statements is true with respect to internal source of recruitment?

Number of ______ has been setup by the government to provide financial assistance to the entrepreneurs 

Which of the following internal sources of recruitment involves shifting of an employee from one job to another, one department to another?

Why is management considered a multi-faceted concept?

______ is the essence of management.

Which of the following is the basic features of co-ordination?