Question

3 Rakesh has just been appointed as managing director of a clothing
retail business called Dressrite. It is making a loss. Many employees
leave the business each year. Explain two qualities that Rakesh should
have if he is to be a good leader.
[4]

Answer 1

Answer:

:1. Income Method GNPFC = Compensation of employees + Rent + Interest + Undistributed Profits + Dividend + Net

Factor Income from Abroad + Consumption of fixed capital = 1850 + (400 +500 +900 + 200) + (-) 50+ 100 = 3900

CRORE Note: o GNPFC = NNPFC + Consumption of fixed capital o NNPFC = Compensation of employees + Rent +

Interest + Undistributed Profits + Dividend + Net Factor Income from Abroad o Compensation of employees is

income from work which includes wages and salaries in kind and cash, and contribution to social securities

Explanation: