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Full explanation, worked examples & memory tricks in the app
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Full explanation, worked examples & memory tricks in the app
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From the following information regarding Aditya Ltd. which is in the business of manufacturing green tea, calculate the Return on Investment and Interest Coverage Ratio of the company: (Show working) Earning before interest and tax ₹ 15,00,000, 10% debentures ₹ 12,00,000, Equity Share Capital (₹10 each) ₹ 18,00,000, Tax Rate 40%.
Return on Investment = 15% and Interest Coverage Ratio = 1.25.
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Mr Vivek Vaswani, a foodpreneur combined his passion for food with his entrepreneurial skills and started his innovative fast food outlet OH CHILLI! in 2021. (I) State the concept of business environment. (II) Identify and explain in what way, a good understanding of business environment enabled Mr. Vivek Vaswani to improve the performance of the enterprise.
Business environment includes external factors affecting operations; understanding trends helped target market needs.
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The General manager of a reputed organisation, Mr. Agastaya Lokhande, made the following announcement at the Annual General Meeting of the company- "When we think of a brand, we think of reputation..." (I) Identify and explain the feature of management discussed by Mr Agastaya in his announcement. (II) Explain any three reasons that make management important to any organisation.
Management is goal-oriented; it ensures efficiency, adaptability, and coordination.
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(A) In order to streamline the selection procedure, so as to minimise the margin of errors, certain tests are carried out that attempt to measure the characteristics of individuals. Explain any four such tests.
Tests include aptitude, personality, skills, and intelligence assessments.
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(B) Since jobs have become more complex, the importance of employee training has increased. Training programmes provide numerous benefits to workers. Explain any four points that support this statement.
Training enhances skills, increases productivity, boosts morale, and reduces turnover.
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When Bhaanupriya joined as technical head of Logic Lotus Innovators, she was keen on increasing productivity... (I) On the basis of the understanding of Maslow's Need Hierarchy Theory of motivation, identify the human need that Bhaanupriya has recognised... (II) Identify and explain two incentives that have been provided by Bhaanupriya to improve the performance of the employees.
Bhaanupriya recognized esteem needs; incentives include recognition programs and team involvement.
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(A) Explain how Planning and controlling are both backward looking, as well as forward looking functions.
Planning sets future goals; controlling reviews past performance against those goals.
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(B) The first step in the controlling process is setting up performance standards. Explain the subsequent two steps in the process of controlling.
Next, measure actual performance and compare it with standards to identify deviations.
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When Chandrashekhar Shukla returned to India... (I) State the specific goals and laid down related activities to be performed to achieve the goals.
Goals included sustainable farming; activities involved crop rotation and diversification.
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(A) Explain the concept of leadership. Give two situations in which autocratic leadership style is most effective.
Leadership is guiding others; effective in crisis or with unskilled teams.
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(B) Explain the concept of communication. Give the meaning of formal and informal communication.
Communication is the exchange of information; formal is structured, informal is casual.
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(A) State the meaning of single use plans and standing plans.
Single use plans are for specific projects, while standing plans are ongoing policies.
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Choose the correct point of significance of controlling highlighted above:
controlling helps in achievement of organisational goals
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Match the statements given in column I with the characteristic of business environment given in column II.
(a)-(ii), (b)-(i), (c)-(iii), (d)-(iv)
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Identify the incorrect statement with respect to 'Investment decision':
Size of the assets, Profitability and competitiveness are not affected by capital budgeting decisions.
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State Commission has the jurisdiction to entertain complaints where value of goods and services paid as consideration is ______.
More than ₹1 crore and not more than ₹10 crore
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The process of classification of products into different groups, on the basis of some of the important characteristics such as quality, size, etc. is known as:
Grading
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Name the type of training which is provided by Shiwakumar in his firm.
Induction training
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Identify the incorrect statement with respect to Consumer Protection in India.
The provisions of Consumer Protection Act came into force from 1981.
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Identify the decision which is not taken under financial management.
Pricing Decision
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What are the factors that affect financing decisions?
(a), (c) and (e)
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Consumers can ask anything regarding the date of manufacturing, MRP, etc, about the product that he intends to buy. Identify the consumer right highlighted in the above lines.
Right to be informed
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Read the following statements carefully: Statement I: Cost of debt is lower than cost of equity for a company. Statement II: The objective of financial management is to increase shareholder's wealth. In the light of given statements, choose the correct alternative from the following:
Statement I is true, Statement II is false.
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