Nitin wants to start a factory e of cosmetics.She wants to set up the factory in rural and backward area
of his own-hometown village of Orissa, so that people of that area have no to migrate to cities in
search of jobs. Moreover, he is of viewpoint that these small-scale industries play a very important
role in social economic development.
a. Discuss by giving any e three points the contribution of small-scale industries in rural India.
b. Write any two values promoted by Nitin
Answers
Answer:
Small Scale enterprises provide the numerous benefits in rural area. (iii) Prevention of Migration Development of rural and village industries can also prevent migration of rural population to urban areas in search of employment. ...
Answer:
General Instructions:
s the production had declined during the last three months. He directed the production Manager to find out the reason. The production Manager ordered the different supervisors to prepare a performance report of he workers working under them. Identify the step taken by the production Manager that is related to one of the functions of management. 1
12 What is meant by Financial Risk”? 1
13 For optimal procurement of funds, a finance manager identifies different available sources and compares those in terms of costs and associated risks. Identify and define the concept highlighted in the above lines. 1
14 “The size of assets, the profitability and competitiveness are affected by one of the financial decisions‟. State the decision involved with reference to the given statement. 1
15 Sika Ltd., a reputed industrial machines manufacturer, needs Rupees twenty crores as
19 Manuj bought a packet of chips from a local shopkeeper and found that the ingredients given on the label were not legible. He complained about it to the company. The company sent a written apology stating that they will make sure that existing packets are withdrawn from the ays followed, which helps an organisation in keeping track of the progress of activities and ensures that the activities conform to the standards set in advance so that the organisational goals are achieved. Name the function of management tting relief. With the help of the organisation Rita was able to get her money back from the store. Enumerate the rights of a consumer which Rita Sharma was able to exercise with the help of the voluntary organisation. 3
26 Anurag, aspires to work with a socially and environmentally committed company as he does
In context of the above case:
a. Identify the various dimensions of business environment being referred to by quoting lines form the paragraph.
b. List any two values which the company wants to convey to the society. 4
27 Aradhana and Gandharv are heads of two different departments in ‘Yumco Ltd.’ They are efficient managers and are able to motivate the employees of their respective departments to improve performance. However, their drive to excel in their own sphere of activity instead of giving emphasis on objectives of the enterprise has hindered the interaction between the departments that Aradhana and Gandharv are heading. Often there are inter-departmental conflicts and they have become incompatible. This has proved to be harmful in the fulfillment of the organizational objectives. The situation has deteriorated to such an extent that the CEO of ‘Yumco Ltd.’ has hired a consultant, Rashmi, to resolve the problem. After studying the situation closely, Rashmi found that the problem has arisen due to inflexibility and a narrow perspective on the part of both Aradhana and Gandhrav. She is of the view that this situation is a result of the type of organizational structure ‘Yumco Ltd.’ has adopted.
From the above information, identify the organizational structure adopted by ‘Yumco Ltd.’ and state any three advantages of the structure so identified. 4
28 State the four components of physical distribution? 4
28 Explain the following functions of marketing:
(i) Product designing and development
(ii) Standardization and Grading 4
29 Principles of Taylor and Fayol are mutually complementary. One believed that management should not close its ears to constructive suggestions made by the employees, while the other suggested that a good company should have an employee suggestion system, whereby suggestions which result in substantial time or cost reduction should be rewarded.
Identify and explain the principles of Taylor and Fayol referred in the above para with suitable example. 5
29 Principles of Taylor and Fayol are mutually complementary. One believed that the management should share the gains with the workers, while the other suggested that employees compensation should depend on the earning capacity of the company and should give them a reasonable standard of living. Identify and explain the principles of Fayol and Taylor referred to in the above para with suitable example. 5
- 30 Flipkart is an e-commerce company founded in the year 2007 by Sachin Bansal and Binny Bansal. The company is registered in Singapore, but has its headquarters in Bangaluru, India. The company seeks to increase traffic (more clicks on their products) and boost sales and revenue through integration of Mobile Apps, Display, Pay Per