ECONOMICS |
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BUSINESS STUDIES |
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ACCOUNTANCY |
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HALF
YEARLY QUESTION PAPER
General Instructions:
• All the questions are to be attempted. How ever
intemal choice is provided in all the 6 mark questions
• Marks are
indicated against each question.
• The answers to
questions carrying 1 mark may be from one word to one sentence.
• The answer to
questions carrying 3-4 marks may be from 50-75 words.
. The answer to
questions carrying5 marks may be about 150 words.
• The answer to
questions carrying 6 marks may be about 200 words.
Q1. "Resources should be put to use in such a manner that they should give maximum benefits with minimum cost". Mention
the importance of principles of management highlighted in the statement
Q2. In which level of management organizational set up is included.
Q3. What do you mean by policies?
Q4. State any three components of staffing?
05. State any twoways to influence subordinate?
Q6Stipend is provided to which of the methods of training
Q7. It is not always true that just because a plan has worked before, it will work again. Which demerit oF planning is highlighted here?
Q8. What do youmean by Recruitment?
Q9. In what kind of organization is functionalstructure more suitable?
Q10. Why is it said that 'management is all pervasive'.
Q11.. External sources of recruitment are better than internal sources of recruitment. Do you
agree with this statement? Give
two reasons in support of your answer.
Q12."motivation can be negative or positive". Comment with examples.
Q13.D and Ditd. Co. Is a large manufacturing unit recently, the company had conducted the
"time" and" Motion"
studies and concluded that on an average a workercould produce 120 units per
day. however, it has been noticed
that average daily production ofa worker is in the range of 80-90 units. What
steps will you suggest to ensure
that the actual performance is in accordance with the performance as per time
and motion studies.
Q14. Rahul a worker is given a target of assembling two computers per day. Due to his habit of doing things differently, an idea
struck him which would not only reduce the assembling time of computers but
would also reduce the cost of
production of the computers. Rahul's supervisor instead of appreciating him,
ordered him to complete the work
as per the methods and techniques decided earlier as nothing could be changed at
that stage
The above paragraph
describes one of the limitations of planning function of management. Name and
explain that limitation
Q15. Amar runs a factory wherein he manufacturers leather shoes. The business is doing well and he intends to expand by
diversifying into leather bags as well as leather jackets. Which type of
organization structure would you
recommend for his expanded organization and why? Give any two reasons.
Q16.What are Monetary Reforms.write two
main points?
Q17.Dheeraj is working as operational manager in tifco. Ltd. Name the managerial level at
which he is working State any four
functions he will perfomas operational manager" in this Company.
Q18. Distinguish between the principles of "unity of direction" and "unity of
command".
Q19. Indians mostly being vegetarian as per the studies of KFC has planned to introduce veg rice meals in its menu.
A Which characteristics
of management is highlighted in the given statement?
B. Name and explain the dimension of business environment which is responsible for this step of KFC
Q 20 In an organization all the employees take things easy and are free to approach Anyone for minor queries and problems.
This has resulted in everyone taking easy to each other and thus resulting in
inefficiency in the office. It has also resulted
in loss of secrecy and confidential information being leaked out. What system do you
think the manager should adopt to improve communication.
Q21. Discuss Maslow's Need Hierarchy theory of Motivation.
Q22.A major insurance company handled all recruiting, screening and training processes for
data entry/customer service
representatives. Their competitor was attracting most of the qualified,
potential employees in their
market. Recruiting was made even more difficult by strong economy and the 'job-
seeker's market. This resulted in the client
having to choose from candidates who had the soft skills needed for the job, but lacked the proper 'hard'
skills and training
1) As an HR manager, what problems do you see in the company?
ii) How do you think it can be resolved?.
Q 23.Organisation is the process of
defining and grouping the activities of the enterprise and establishing the authority relationship among them'. In the light of this statement, explain the steps in the process of organizing
Q24. Mega Itd. was manufacturing water heaters. In this first year of its operations, the revenue
earned by the company was just sufficient to
meet its costs. To increase the revenue, the company analyzed the reasons of less revenue. After analysis,
the company decided.
i) To reduce the labour cost by shifting the manufacturing unit to a backwardarea where labour
was available at a very low rate.
ii) To start
manufacturing solar water-heaters and reduce the production ofelectric water heaters
slowly.
This will not only help in covering the risks,
but also help in meeting other objectives too.
a) Identify and explain the objectivesof management discussed above.
b) State any two values which the company wanted to communicate to the society
Q25. The Court passed an order to ban polythene bags as:
These bags are creating many environmental problems which affectthe life of people in general.
ii) Society in general is more concerned about quality of life The Government decided to give subsidy to Jute
industry to promote this business. Innovative techniques are being developed to manufacture jute
bags at low rates. Incomes are
rising and people can afford to buy these bags.
Identify the different dimensions of business environment by quoting the lines from the above
para
PRACTICE PAPER
CHAPTER
–1,2,3,4,5
).Name
the organization which is deliberately created? (1)
A: Formal Organisation
2.What
all qualities are required for doing planning?
Ans. Intelligence,
Imagination, Foresight, Sound Judgment..
3. Give one designation each of top and middle level management? (1)
Ans. Top –
CEO, Middle – Divisional Manager
4. Your Grand Father has
retired as the director of a manufacturing company.
At what level of management
was he working. (1)
Ans. Top
management.
QUESTION 5 What is meant
by Management? (1)
Answer: Management is a skill of getting the work
done through others. The term management can also be defined as, the procedure
of getting the thing done with the aim of accomplishing goals effectively.
6.
What is meant by ‘Universality of management principles’? (1)
OR
Why
is it said that management principles are universal?
Ans. This
it means that they are applicable to all kinds of organizations.
7. “Management is a group activity”. Give reasons for statement.
(1)
Ans. An
organization is a collection of diverse individuals with needs and purposes
but they work towards fulfilling the common organizational goals.
8.
What is Business Environment? (1)
Ans. Forces
affecting the performance of an organization but outside its control are called
as Business Environment.
9.
How have customers benefited by increased competition after liberalization and
globalization? (1)
Ans. While
purchasing they get a better quality and wider choice of goods and services.
10.
How can the firms cope up with changing technological environment? (1)
Ans. They
have to develop new ways.
11..Give any one importance of
organizing?(1)
Ans: Development of
personnel..
12. In order to be successful,
an organization must change its according to the
needs of the
environment. Which characteristic of management is highlighted in the
statement? (1)
Ans. Management
is a dynamic function.
Question 13
How does coordination integrate group efforts? State briefly. (1)
Answer: Coordination integrates group efforts by
unifying distinct interests hereby giving them a common focus to assure that
the performance is according to the plans and strategies.
Question
14
State any 2 points
that prove that the management is a multi-dimensional. (1)
Answer:
- Management of work
- Management of people
QUESTION 15 “Planning, Organizing, Staffing, Directing and
controlling” is the sequence of functions in a process. Name it. (1)
Ans. Management
16. Name that intangible force
which creates productive relationships among resources of an organization. (1)
Ans. Management
17. What is the main objective
of any organization? (1)
Ans. Main
objective of any organization is optimum utilization of resources
18. Production manager tries to
produce goods with minimum costs.
Name the concept which
is being focused by management? (1)
Ans. Efficiency
19. What do you mean by
effectiveness? (1)
Ans. It
means completing the task or achieving the goals within stipulated time period
20. Why is management called
inexact science? (1)
Ans. Management
relates to human behavior, whose cause and effect is not
certain, that’s why it is called and inexact science.
21. How
are management principles derived? (1)
Ans. Management
principles are derived through observation and analysis of events.
22.
Give anyone difference between Principle and Technique. (1)
Ans. Principles
are guidelines to take decision whereas techniques are methods to take action.
23.
The principles of management aren’t rigid and can be modified when the
situation demands. Which nature of principles is being discussed here? (1)
Ans. Flexibility.
24.
Define scientific management. (1)
Ans. Application
of a scientific approach to managerial decision making.
25.
List any two principle of ‘Scientific Management’ formulated by Taylor for
managing an organization scientifically. (1)
Ans. (i)
Science, not Rule of Thumb. (ii) Harmony, not Discord.
26.Explain the meaning of management. What do you mean by managers?
(3)
Ans. Management
is a process of getting things done with the aim of achieving desired
common goals effectively and efficiently persons engaged in performing the
functions of the management are known as managers. In other words, those
managing the organizational resources for releasing its goals are known as
managers.
26.
‘Management is a process’ Explain? (3)
Ans. Management
includes various steps such as planning, organizing, staffing, directing and
controlling. This process begins with those at the top of the organization and
continues in varying degrees at almost every level of the organization.
These i n t e r -related steps help to achieve organizational goals in
effective manner. That is why management is known as process of employing and
organizing resources to accomplish predetermined objectives.
27. ‘Management is multi-dimensional’. Explain? (3)
Ans. Management
is a complex activity and involves following three main
dimensions –
i) Management of works
In each and every organization, certain type of work is to be performed. In
school, overall development of a child is to be done; in hospitals, patients
are treated etc. Management converts these works into goals and devises the
means to achieve them.
ii) Management of People.
Management is concerned with “getting things done through people”, which is a
very difficult task. All the employees have different personalities, needs
backgrounds and methods of work. Thus, it becomes management’s job to make them
work as a group by giving common direction to their efforts.
iii) Management of operations.
In order to survive, each organization has to provide certain goods or
services. This involves production process thus, management of operations is
inter linked with both the above dimensions viz., management of work and the
management of people.
28.
Define Business Environment. State two important concerns of business environment. (3)
Ans. The
sum total of all external factors which are outside the control of business
enterprises is termed as Business Environment. Factors may be social,
political, economic etc.
29.
Explain the specific and general forces of business environment ? (3)
Ans. Business
environment comprises of both specific and general forces. Specific forces
refer to those forces that are having direct effect on the day to day working
of the business viz. customers, competitors, investors etc. General forces
refer to social, political, legal and other forces which are having an indirect
effect on the operations of a business.
30.
Enumerate the benefits of understanding business environment. (3)
Ans. The
benefits of understanding business environment are:
(i) Enabling the identification of opportunities and getting the first mover
advantage.
(ii) Helping in the identification of threats and early
(iii) Tapping useful resources.
(iv) Coping with the rapid changes.
(v) Assisting in planning and policy.
(vi) Improvement in performance.
31. What are the personal objectives of the management? (3)
Ans. Personal
objectives refer to the objectives which are related to the
employees of an organization. They are as follows:
i) Financial needs like competitive salaries, incentives and other monetary
benefits.
ii) Social needs like recognition in the organization.
iii) Higher level need which includes personal growth and development.
32. Enumerate the importance of management. (3)
Ans. Following
points are the importance of management.
i) Management helps in achieving group goals.
ii) Management increase efficiency
iii) Management creates a dynamic organization.
iv) Management helps in achieving personal objectives.
v) Management helps in development of society.
33. Define co-ordination.
Enumerate the features of co-ordination? (3)
Ans. Coordination
is an orderly arrangement of group efforts to
maintain harmony among individuals’ efforts towards the accomplishment of
common goals of an organization.
Features of co-ordination
i) It integrates group efforts.
ii) It unifies the action.
iii) It is a continuous process.
iv) It is an all-pervasive function
v) It is the responsibility of all managers.
vi) It is a deliberate function.
34. Define scientific management and name any three of its
principles. (3)
Ans. According
to Taylor, “Scientific management means knowing exactly what you want your men
to do and seeing that they do it in the best and cheapest way”. Three
principles of scientific management are as follows:
(i) Science, not rule of thumb
(ii) Harmony, not discord.
(iii) Cooperation, not individualism.
35.
Explain the principle of unity of direction.
(3)
Ans. This
principle suggests that in an organization there should be one head and one
plan for a group of activities having the same objective. This helps in
bringing unity of action and coordination in an organization. If a company is
manufacturing two different products then it should have two separate divisions
or departments for both the products. Each division or department should have
their separate in-charge, plans and execution resources etc.
36.
An organization follows the principles of management. What are the adverse
effects of each of the following principles of management on the organization?
(i) Unity of Command
(ii) Order
(iii) Stability of
tenure of personnel (3)
Ans. Adverse
effects of said principles are:
(i) Unity of Command: If
this principle is followed, work gets delayed which results in wastage of time
and cost.
(ii) Order: It
creates boredom among the employees due to rigidity provided by this principle.
(iii) Stability of
personnel: If employees are not rotated on different jobs
frequently, they can specialize only in a small part of the whole process of
production and thus can never become versatile.
37.
Explain how principles of management (3)
i) Help the managers in taking scientific decisions
ii) Provide the managers with useful insights into real world situations
Ans. Explanation
of relevant sub-headings from significance of principles of management.
38.
Explain the concept of technological environment. (3)
Ans. It
includes new approaches, new procedures, and new equipment’s to transform
inputs into outputs. It facilitates an organization’s efficiency and
effectiveness so that it can try to remain at par with the best in the world.
Technological changes provide opportunities for some enterprises and become
threats for some others.
For example, digital watches killed the business prospects of traditional
watches; TV has adversely affected radio & cinema industry; mobile phones
have taken over the market from landline phones.
39.
What do you understand by legal environment? Give two examples which
protect consumers’
interests. (3)
Ans. Legal
environment consists of rules and regulations, framed by the Parliament, under
which business must operate. To exist and grow, business is required to follow
all the rules and regulations that constitute this environment.
Two examples protecting consumers’ interests:
(i) Advertisement of alcoholic beverages is prohibited.
(ii) Packets of cigarettes should mention the statutory warning ‘Cigarette
smoking is Injurious to health’.
40.
List the various changes initiated by the Government of India since 1991. (3)
Ans. Various
changes initiated by the Government of India since 1991 are as follows:
(i) New industrial policy
(ii) New trade policy
(iii) Fiscal reforms
(iv) Monetary policy
(v) Capital market reforms
(vi) Phasing out of Subsidies and Price controls
41.
List some important factors that influence the working of a business
enterprises? (3)
Ans. Following
are the important factors that influence the working of a business
enterprise:- (i) Changes in economic policies. (ii) Political uncertainty in
the
country. (iii) Increase in the rate of competition. (iv) Changes in fashion.
42.
Give three points reflecting the nature of management principles. (3)
Ans. Management
principles are (any three):
(i) Universal in application.
(ii) General guidelines.
(iii) Flexible and can be applied differently under different conditions.
(iv) Formed by practice and experimentation.
(v) Establish cause and effect relationships.
43.
Enumerate the importance of management.
(3)
Ans. Following
points are the importance of management.
i) Management helps in achieving group goals.
ii) Management increase efficiency
iii) Management creates a dynamic organization.
iv) Management helps in achieving personal objectives.
v) Management helps in development of society.
44. What do you mean by level
of management? (3)
Ans. Levels
of management means the hierarchy of organization representing the
relationships among managers and subordinates on the basis of their relative
authority, status and responsibility. There are three levels in the hierarchy
of an organization viz.
(i) Top management (ii) Middle management and (iii) Supervisory or operational
management.
45.
Define co-ordination. Enumerate the features of co-ordination? (3)
Ans. Coordination
is an orderly arrangement of group efforts to
maintain harmony among individuals’ efforts towards the accomplishment of
common goals of an organization.
Features of co-ordination
i) It integrates group efforts.
ii) It unifies the action.
iii) It is a continuous process.
iv) It is an all-pervasive function
v) It is the responsibility of all managers.
vi) It is a deliberate function.
46.Explain “Objective” and “Policy” as types of plan using
suitable examples. (4)
Ans Objectives: Objectives
are those endpoints which every organization strives to achieve. These are the
basic reason for a firm’s existence. These are usually stated in measurable
terms. These are time-bound i.e these are to be achieved within a given period
of time. All the activities of the organisation are directed towards the
attainment of the objectives. These provide broad direction to employees about
what they should do. For e.g. it is a firm’s objective to increase its sales
targets by 20%.Policy: A
Policy is a general statement that guides decision making. It acts as a guide
to managerial actions and decisions in implementing strategy. A policy defines
the boundaries within which decisions can be made by the subordinates. The main
purpose of policies is to provide a practical shape to objectives by
elaborating the manner in which goals are to be achieved. Policies play
important role in setting the parameters within which a manager may function.
There are different policies at different levels ranging from major company
policies to minor policies. Major policies are concerned with the market,
competitors, customers and clients etc. whereas minor policies are concerned
with the insiders.
47.What are the main
points in the definition of planning? (4)
In the words of Koontz O’Donnell, Planning is deciding in
advance what to do, how to do it, when to do it and who is going to do it.
Planning bridges the gap from where we are and where we want to go. It is a
trap to capture the future.Main points involved are:
- Setting objectives
- Time period
- Formulating alternatives
course of action
- Selecting a course of action.
48.Defining ‘organizational objectives’ as the
first step in the process of planning. Explain in brief the other steps of this
process. (4)
e
first step in the planning process is to establish objectives. Objectives
determined must be clear, realistic and specific as to what is to be
accomplished. The further steps in the planning process are:
·
Establishing Planning
Premises
·
Identifying the Alternative
Courses of Actions
·
Evaluating the
Alternative Courses
·
Selecting the Best
Alternative
·
Implementing the Plan
·
Follow-up Action
i.
Establishing
Planning Premises: Planning premises are the anticipated environments
in which plans are expected to operate. They include assumptions or forecasts
of the future. Premises provide useful facts and information to the managers to
facilitate the work of planning. Various assumptions regarding government
policies, prices, taste, and preference etc are made.
ii.
Identifying
the Alternative Courses of Actions: On the basis of objectives to be achieved, alternative courses
of doing a particular work are discovered. It is a difficult task and it
depends upon the creativity and logical thinking of the planner which opens up
different avenues for the firm.
iii.
Evaluating
the Alternative Courses: In
this stage, it is seen as to what extent an alternative course can help in the
attainment of the objective. Every alternative has its own pros and cons. Each
alternative is carefully evaluated with all its merits and demerits and their
feasibility is judged accordingly.
iv.
Selecting
the Best Alternative: The
next step is to find out the most suitable course to be followed. Efforts are
directed towards selecting that course which increases efficiency in the
organization by maximizing output and profits at minimum costs. The best-suited
for the purpose is selected.
v.
Implementing
the Plan: After having decided
the Chief Plan and the subsidiary plans, they are to be implemented. At this
step, a plan is transformed from a thought (a dream) to an action (reality) by
activating the other managerial functions.After implementing the plans the
sequence of different activities are also decided.
vi.
Follow-up
Action: The process of
planning does not end with the implementation of plans. There should be a
constant review of the plans to ensure success in an uncertain future. Due to
uncertainties of future, it is necessary that the plan should be evaluated from
time to time to measure its effectiveness and to see that the objectives are
achieved or not.
49.State any three limitations of
planning. (4)
Some
limitations of planning are as follows:
i.
Planning
Reduces Creativity: Under planning,
all the activities connected with the attainment of the objectives of the
organization are preconceived and predetermined. Consequently, everybody works
as they have been directed to do and as it has been made clear in the plans. Managers
can’t think of any new ways for doing the tasks. Thus, it reduces creativity.
ii.
Planning
Does not work in Dynamic Environment: Planning is based on the anticipation of future
happenings. Since the future is uncertain and dynamic, therefore the future
anticipations are not always true. Planning does not work in the dynamic
environment as plans are rigid with least scope of any changes.
iii.
Planning
Involves Huge costs: In planning a
lot of work is to be done, a lot of information is to be collected. When so
many people remain busy in the same activity, the organization faces huge
costs. Also, it involves applying of forecasting techniques, determining
alternatives, analyzing data etc. All these make planning a costly process.
50.What
do you mean by planning? Comment (4)
Ans. Planning
is deciding in advance about work to be done in future. It is that function of
management which lays down the objectives and various actions to be taken for
the achievement of those objectives. According to Koontz and O’Donnel “Planning
is an intellectual process, the conscious determination of courses of action,
the basing of decision on purpose, facts and considered estimated”.
51.
What do you mean by a plan? (4)
Ans. A
plan is a formulation of certain steps and actions which are essential for
achieving certain specific results. Plans can be classified on the basis of
what they focus to achieve and the methods adopted viz. objectives, strategy,
policy etc. For example, if the planned output for a week is 1,000 units and
actual output is 580 units only, the planners have to critically review their
plans and modify: them, if need be, so as to achieve the planned output.
52..Enumerate the steps in the
process of organizing? (4)
Ans: 1) Identification
and division of work
2) Grouping Jobs and Departmentalization
3) Assignment of duties
4) Establishing authority relationship
53. Explain the organizational objectives of management. (4)
Ans. The
organizational objectives of management refer to the main objectives
required to fulfill the economic goals of the business organization. The main
objective of management is to utilize the human and material resources in such
a
manner that it should give maximum advantage to the organization. Every
management group strives to accomplish these objectives for its organization.
These objectives of every organization are survival, profit and growth.
(a) Survival: The
basic objective of every business is to survive for a longer
period in the market. The management must ensure survival of the
organization by earning enough revenue to cover its costs.
(b) Profit: Only
survival is not sufficient for business. Profit earning is essential for
meeting the expenses and for the successful operation of the bus’ Thus
management must ensure earning of sufficient profit.
(c) Growth: The
next important objective of the management is to ensure
future growth and development of the business.
54.. Explain the ‘social
objectives’ of management. (4)
Ans. Each
organization is a part of society and thus it has certain social obligations
to fulfill.
Some of them are as follows:
(i) To supply quality goods and services
(ii) Providing basic amenities to the employees like schools and creches for
their children, medical facilities etc.
(iii) To generate employment opportunities especially for the backward
classes.
(iv) To provide environment friendly methods of production.
(v) To provide financial support to society by donating for noble causes.
(vi) To organize educational, health and vocational training programmes.
(vii) To participate in social service projects of Government and Non –
Governmental Organizations (NGOs).
55.
What do you mean by management principles? (4)
Ans. Principles
are statements of fundamental truths about some phenomena and serve as a guide
for thoughts and actions. They establish cause and effect relationship.
Management Principles are the fundamental statements of truth that provide
guidelines to the managers for decision making and actions. These enable the
managers to manage the enterprises in “3E way” viz ‘economically’,
‘effectively’ and ‘efficiently’. These act as guide for managers and sharpen
their skills and competence. For example, principle of division of labor
increases the efficiency of workers which ultimately leads to economy and effectiveness
in the
organization.
56.
How are management principles derived? (4)
OR
“Management
principles are evolutionary.” Explain.
OR
“Derivation
of management principles may be said to be a matter of science.” Explain.
Ans. Management
principles are not made in heavens; they have emerged gradually, through an
evolutionary process of combining deep observations and experimental studies.
(i) Observation method
Under this method, practical events are observed and analyzed by managerial
researchers to derive management principles. For example, it was observed that
by dividing the work into different units, efficiency of employees improved. As
a result, it led to formulation of principle
of ‘division of labor’.
(ii) Experimental method
Under this method, experiments are conducted so that management principles can
be derived and their validity can be tested. For example, two units, one unit
involving one superior and one subordinate and other unit involving two
superiors and one subordinate, were taken. It was found that unit having one
superior and one subordinate performed better. As a result, it led to formation
of principle of “unity of command.” From the above it can be concluded that
observations and experiments result in the formulation of management principles
which therefore are evolutionary. Hence, derivation of management principles
can be said to be a
matter of Science. It is worth mentioning here that even though derivation of
management principles is a matter of science; their application remains a
matter of art. The success of managers depends upon how skillfully they put
these principles into practice.
57. Give three points
reflecting the nature of management principles. (4)
Ans. Management
principles are (any three):
(i) Universal in application.
(ii) General guidelines.
(iii) Flexible and can be applied differently under different conditions.
(iv) Formed by practice and experimentation.
(v) Establish cause and effect relationships.
58. “Principles of management
achieve results economically.” Explain? (4)
Ans. Management
principles help in setting realistic objectives for the business because the
objectives are set with the participation of employees. Hence, the employees
work to their full potential and their commitment level increases because
objectives of organization become their own objectives. For example, the
principle of maximum output rather than restricted one ensures more output.
More output lowers cost per unit and hence profit per unit increases.
59. Define scientific
management and name any three of its principles. (4)
Ans. According
to Taylor, “Scientific management means knowing exactly what you want your men
to do and seeing that they do it in the best and cheapest way”. Three
principles of scientific management are as follows:
(i) Science, not rule of thumb
(ii) Harmony, not discord.
(iii) Cooperation, not individualism.
60.
Explain the objectives of standardization.
(4)
Ans. Standardization
is done for the following reasons:
(i) To ensure that a given product range has fixed types, sizes,
characteristics etc.
(ii) To bring about interchangeability, for manufactured parts, output,
developments etc. among various branches.
(iii) To set uniform standards of performance for men, machines etc.
61.
Which technique of Taylor suggests that each worker should be
supervised by
specialists? Give the designations of any four specialists
suggested by him. (4)
Ans. The
technique of functional foremanship suggests that each worker should be
supervised by specialists. These specialists’ designations are follow.
(i) Instruction Card Clerk
(ii) Route Clerk
(iii) Time and Cost Clerk
(iv) Disciplinarian
62.
‘Discipline is double-edged tool’ Comment.
(4)
Ans. Discipline
is a double-edged tool. It is expected to strike a balance betweenen forcing
the discipline on one hand and motivating employees on the other.
Personnel entrusted with enforcing it are expected to be competent and capable
of achieving this balance. Employees must honor the commitment made by them and
management must meet its promises to increase wages declaration of bonus etc.
To achieve proper discipline, skilled superiors at all
levels, clear and fair agreements and judicious application of penalties etc.
are required.
LONG ANSWER TYPE QUESTIONS 5
MARKS)
1. Explain any five features of management? (5)
Ans. Following
are the features of management:
(i) Management is a group
activity
Management consists of a number of persons who work as a group.
Their efforts are directed towards the common goals. Members initiate,
communicate, coordinate and join their hands for the achievement of
organizational objectives.
(ii) Management is a
goal-oriented process
Management aims at common goals through a process of series of
continuous functions via planning, organizing, directing, staffing
and
controlling. These composite functions of management are separately
performed by all managers all the time simultaneously to realize
organizational goals
(iii) Management is all
pervasive
Whether it is a commercial organization or noncommercial
organization, big or small all require management to handle their operations
effectively and efficiently.
(iv) Management is a continuous
process
Management is a continuous process consisting of a series of
functions viz., planning, organizing, directing and controlling. All the
managers
perform these functions regularly.
(v) Management is a dynamic
function
The environment in which a business exists keeps on changing. Thus in
order to be successful, management must change its goals, plans and politics
according to the needs of its environment.
2. ‘Planning focuses on achieving objectives’.
Explain. (5)
Ans. Planning
is a goal oriented process which helps in defining objectives, and preparation
of necessary action plans to achieve goals. Thus, planning is focused on
clarifying what is to be done and how is that to be done. The planning
holds no purpose if it does not focus on achievement of preset organizational or
corporate objectives..
3. Explain the ‘social
objectives’ of management. (5)
Ans. Each
organization is a part of society and thus it has certain social obligations
to fulfill.
Some of them are as follows:
(i) To supply quality goods and services
(ii) Providing basic amenities to the employees like schools and creches for
their children, medical facilities etc.
(iii) To generate employment opportunities especially for the backward
classes.
(iv) To provide environment friendly methods of production.
(v) To provide financial support to society by donating for noble causes.
(vi) To organize educational, health and vocational training programmes.
(vii) To participate in social service projects of Government and Non –
Governmental Organizations (NGOs).
4. Do you mean by’ Personal
Objectives’ of management? Enumerate
personal objectives of
management. (5)
Ans. Personal
Objectives refer to the objectives which are related to the individual
needs of the employees of an organization. All organizations are made up of
people with different values, experiences and objectives. People join an
organization to satisfy their different needs. These are as follows:
i) Financial needs like competitive salaries, incentives and other monetary
benefits.
ii) Social needs like recognition in the organization.
iii) Higher level need which includes personal growth and development.
5. Explain five functions of
top-management. (5)
Ans. Top
management performs the following functions.
i) Develops long-term
objectives: Top-level managers develop the long – term
objectives like expansion of business, manpower planning etc.
ii) Framing of policies: They
lay down guidelines for departmental head i.e., policies relating to
production, marketing, personnel, finance public relation etc.
iii) Organizing : Top
management organizes the business into various sections and departments to
achieve the desired organizational objectives.
iv) Key appointments: Top-level
authorities appoint the departmental heads and some other key persons to
develop the organizational structure for profitable growth of the enterprises.
v) Controlling: Top-level
managers periodically review the work of executives at different levels to
ensure that their performance is as per predetermined plans.
6. Enumerate the steps involved in the planning process. (5)
Ans. Steps
of planning are as follows:
(i) Setting up of objectives
(ii) Developing premises.
(iii) Identifying alternative courses of action.
(iv) Evaluating alternative courses
(v) Selecting an alternative.
(vi) Implementation of plan.
(vii) Follow up
7. It is a network of personal and social relations not
established or required by the
formal organization but
arising spontaneously as people associate with one another.
Name this organization
and give its four advantages. (5)
Ans: Informal
organization:
Advantages:
1. It brings feeling of belongingness.
2. Informal organization satisfies social and cultural needs.
3. It provides useful channel of communication.
8. Distinguish between Policies and Rules.( 5)
Basis |
Procedures |
Rules |
1. Meaning |
A policy is a guide for thinking. |
A rule is a specific statement, |
2. Nature |
Policy lays down the broad areas |
Rule lays down any specific |
3. Objective |
Policy is framed to achieve |
Rules are used to maintain |
4. Manager’s |
Policy provides some scope for the |
Rules provide no scope for |
9).What
are the advantages and disadvantages of divisional structure? (5)
Ans: Advantages:
1).All activities associated with one product. It can be easily
integrated.
2).Decision making is faster.
3).Performance can be easily assessed remedial action can be
taken
10).Distinguish between formal and informal
organizations on the basis of ( 5)
a) Formation b. Purpose
c. structure d. Behavior of members e. stability and f. adherence to rules.
Basis |
Functional Structure |
Divisional Structure. |
Formation |
Deliberately Planned |
Emerges Spontaneously |
Purpose |
To achieve organizational |
To satisfy social and cultural |
Structure |
Well defined structure |
Does not have a clear-cut |
Structure |
||
Behavior of members |
Standards of behavior |
Mutual consent among |
Stability |
It is stable |
Neither stable nor predictable. |
Adherence to rules |
Violation of rules may lead |
No such punishment. |
Question 11.
‘Apna Ghar/ a company dealing in consumer durables, plans to increase the sale
of its products by 25% around Diwali this year. Moreover, in order to cash on
the implementation of the seventh pay commission by that time, which is likely
to raise the income of 47 lakh serving employees of the Central government and
52 lakh pensioners, the company has created 30 advertisement films which will
be aired across 85 national and regional channels until Diwali.
In context of the above case:
1.
Identify the two
different types of plans that ‘Apna Ghar’ proposes to implement by quoting
lines from the paragraph.
2.
Distinguish between
the two types of plans as identified in part(i). (6)
Answer:
1.
Objective and Strategy
are the two different types of plans that ‘Apna Ghar’ proposes to implement.
Objective: “Apna Ghar’, a company dealing in consumer durables,
plans to increase the sale of its products by 25% around Diwali this year.”
Strategy: “Moreover, in order to cash on the implementation of the
seventh pay commission by that time which is likely to raise the income of 47
lakh serving employees of the Central government and 52 lakh pensioners, the
company has created 30 advertisement films which will be aired across 85
national and regional channels until Diwali.”
2.
The difference between
objectives and strategy is outlined below:
S. No. |
Basis |
Objectives |
Strategy |
1. |
Meaning |
Objectives are the
end results of the activities that an organisation seeks to achieve through
its existence. |
A strategy is a
comprehensive plan prepared for winning over the given challenge or problem. |
2. |
Source |
Objectives are based
on the mission or philosophy of the organisation. |
A strategy is based
on the objectives of the organisation. |
3. |
Level
of persons involved |
Objectives are
determined by top level management. |
A strategy may be determined
by top level or middle level management. |
Question 12..
Radhika opens a jewellry showroom in Jaipur after completing a course in
jewellry designing. She has employed eleven persons in her showroom. For
greater productivity, she divides the work into small tasks and each employee
is trained to perform his/her specialised job. The sales persons are allowed to
close a deal with a buyer by giving a maximum of 10% discount, whereas the
decision to give any further discount rests with Radhika as the final
authority. In the earlier days of starting of the business, five of her
employees were asked to put in extra hours of work. In return she had promised
to give them a special incentive within a year. Therefore, after six months
when the business was doing well, she awarded a cash bonus to each of these
employees to honour her commitment. However, when it comes to settling the
conflicts among her employees, she tends to be more biased towards her female
employees.
In context of the above case:
1.
Identify and explain
the various principles of management that are being applied by Radhika by
quoting lines from the paragraph.
2.
Identify and explain
the principle of management which is being violated by Radhika by quoting lines
from the paragraph.
3.
State any one effect
of the violation of the principle of management by Radhika as identified in
part(b) of the question.
Answer:
1.
The various principles
of management that are being applied by Radhika are listed below:
·
Principle
of Division of Work: According to
Fayol, “The intent of division of work is to produce more and better work for
the same effort. Specialisation is the most efficient way to use human effort.”
He advocates that the principle of division of work is applicable to all kinds
of work both technical as well as managerial.
“For greater productivity, she divides the work into small tasks and each
employee is trained to perform his/her specialised job.”
·
Principle
of Centralisation and Decentralisation: The concentration of decision-making authority is called
centralisation whereas its dispersal among more than one person is known as
decentralisation. According to Fayol, “There is a need to balance subordinate
involvement through decentralisation with managers’ retention of final
authority through centralisation.”
“The sales persons are allowed to close a deal with a buyer by giving a maximum
of 10% discount, whereas the decision to give any further discount rests with
Radhika as the final authority.”
·
Principle
of Discipline: Discipline
refers to the obedience to organisational rules and employment agreement which
are necessary for the working of the organisation. According to Fayol,
discipline requires good superiors at all levels, clear and fair agreements and
judicious application of penalties.
“Therefore, after six months when the business was doing well, she awarded a
cash bonus to each of these employees to honour her commitment.”
The principle of
management which is being violated by Radhika is Equity.
According to Fayol, “Good sense and experience are needed to ensure fairness to
all employees, who should be treated as fairly as possible.” This principle
emphasizes on kindliness and justice in the behaviour of managers towards
workers. The managers should not discriminate against anyone on account of
gender, religion, language, caste, belief or nationality etc.
“However, when it comes to settling the conflicts among her employees, she
tends to be more biased towards her female employees.”
One effect of the
violation of the Principle of Equity is that it may lead to job dissatisfaction
among the male workers.
Question 13.
Mega Ltd. manufactured water-heaters. In the first year of its operations, the
revenue earned by the company was just sufficient to meet its costs. To
increase the revenue, the company analysed the reasons behind the less
revenues. After analysis, the company decided:
1.
to reduce the labour
costs by shifting the manufacturing unit to a backward area where labour was
available at a very low rate.
2.
to start manufacturing
solar water-heaters and reduce the production of electric water- heaters
slowly.
This will not only
help in covering the risks but also help in meeting other objectives.
1.
Identify and explain
the objectives of management discussed above.
2.
State any two values
which the company wanted to communicate to society.
Answer:
1.
The objectives of
management discussed above are:
·
Organisational
objectives: An organisation strives to achieve multiple organizational
objectives in the interest of its stakeholders like owners, employees etc.The
main organizational objectives are survival, profit and growth.
·
Social Objectives: It
is the obligation of every organisation to undertake such activities which will
benefit the society at large like using eco-friendly methods, contributing
towards weaker sections of the society, generating employment opportunities,
promoting literacy etc.
The two values that
the company wanted to communicate to the society are:
·
Rural development
·
Environment
sustainability
Question 14.
Mr. Atul is the owner of a garment manufacturing company. He finds the
spreading of message in his organisation a problem as a lot of time is taken.
On many occasions he tried to bring different equipments and software systems
to increase the speed of spreading of message. In the month of February this
year a new type of machine was installed in the production department. He
wanted to have a candid opinion about the utility of the machine from the
employees but no one had the courage to tell him about the flaws of the machine
on his face. After three months when there were shortcomings in the production
of garments he realised his limitation. With passage of time he found the
motivation level of employees too low. Many of the employees and workers were
new and found the place unfamiliar and didn’t have friends which resulted in
the lowering of production.
1.
What would you suggest
to Mr. Atul in this scenario?
2.
Identify the three
problems in the above case and give the outcomes of your solution given in the
previous question on these problems. (6)
Answer:
1.
Mr. Atul should
promote the growth of an informal organisation like cricket club, hockey club,
etc. within his organisation for the workers.
2.
The three problems
which are highlighted in the above case and the outcomes of the respective
solutions are:
o The spreading of message in his organisation
is a problem as a lot of time is taken. An informal organisation results in
faster spread of information as the prescribe lines of communication are not
followed.
o Employees’ reaction towards plans and steps of
the organisation are not clear to the management. Through the informal
organisation a candid opinion of the employees can be found.
o The social needs of the employees are not
fulfilled. An informal organisation helps in the fulfillment of social needs
which increases the confidence and satisfaction level of employees.
Question 15.
Mr. Manjnu is an efficient manager
working in a multinational company. He is fond of completing all his work by
himself. As a human being he is very good and supportive and due to this he
doesn’t want to put burden of work on others. Sometimes he is so much involved in
doing different types of works in the office that he even misses the priorities
areas.
Which concept of management is seen violated here? What is going to be another
disadvantage of this violation? Also identify one disadvantage given in this
case. (6)
Answer:
The concept of management which is violated here is ‘Delegation’. He is fond of
completing all his work by himself.
Another disadvantage. Employees need for recognition won’t be satisfied. They
won’t be able to develop their skills if they will not share tasks in actual
work environment.
The disadvantage of violating delegation given in the case is the lack of
priority given by the manager to key areas as he is involved in tasks which can
be handled by his subordinates.
Sometimes he is so much involved in doing different types of works in the
office that he even misses the priorities areas.
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