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SECTION –A
1 Management is a process of getting things done with the aim of achieving goals 1marks
effectively and efficiently.
OR
Management is the art of getting things done through and with the help of
others in order to achieve the specific organizational objectives.
[Any one]
2 Henry Fayol. 1 marks
5 d) Rights 1 marks
6 b) Films 1 marks
9 Capital structure refers to the mix between owner’s funds(equity) and barrowed 1 marks
funds(debts).
11 Marketer refers to any person who takes more active part in the process of 1 marks
exchange.
SECTION – B
13 [1] Growth in size 1+1
[2] Specialization.
[ any other two points]
14 [1] Providing managers with useful insights into reality. 1+1
[2] Scientific decisions
[any two points]
15 1+1
BASIS UNITY OF COMMAND UNITY OF DIRECTION
Meaning One subordinate should Each group of activities having
receive orders from one same objective must have one
superior and should be head and one plan.
responsible to only one
superior.
Aim It prevents dual subordination. It prevents overlapping of
activities.
[any two difference]
1+1
Planning means setting objectives and targets and formulating an action plan to
16
achieve them.
17 According to The Haimman , “Organizing is the process of defining and 2marks
grouping the activities of the enterprises and establishing authority
relationships among them”. [ any other definition]
23 [1] Part the process VS wider term:- selling is only a part of the process of 1+1
marketing. But marketing much wider term consisting of number of activities
[2] Transfer of title VS satisfying customer needs: - Selling is concerned with
affecting transfer of the title and possession of goods from sellers to buyers. But
marketing activities concentrates on satisfaction of the customers needs and
wants ( write any two points with explanation).
SECTION- C
25 [1] Method study 1
[2] Motion Study 1
[3] Time Study 1
[4] Fatigue Study (with Explanation) 1
28 [1] Improve skills and knowledge due to training lead to better carrier of the 1
individuals.
[2] Increased performance by an individual’s helps him to earn more. 1
[3]Training makes the employee more efficient to handle machines. Thus it 1
reduces the chances of industrial accidents.
[4] Training increases the satisfaction and moral of employees. 1
29 [1] Setting performance standards. 1
[2] Measurement of actual performance. 1
[3]Comparing actual performance with standards. 1
[4] Analyzing deviation. (First four steps with brief explanation). 1
30 [1] Cost. 1
[2] Risk. 1
[3] Floatation cost. 1
[4] Cash flow position of the company. 1
(Any four factors with brief explanation).
32 [1] Product 1
[2] Price 1
[3] place 1
[4] Promotion ( with brief explanation) 1
34 [1] Be aware about various goods services available in the market so that an 1
intelligent and wise choice can be made.
[2] Buy only standardized goods have they provide quality assurance. 1
[3] Read labels carefully. 1
[4] Be honesty in your dealings. 1
( Any four points)
SECTION-D
35 Management as an Art: Art is the skillful and personal application of existing 3+3+2=8
knowledge to achieve desired results.
Features of an Art:
[1] Existence of theoretical knowledge
[2] Personalized applications
[3] Based on practice and creativity
37 EXTERNAL SOURCE: 1
[1] Direct recruitment 1
[2] Casual callers 1
[3] Advertisement 1
[4] Employment exchange 1
[5] Placement agencies 1
[6] Campus recruitment 1
[7] Web publishing 1
[8] Labour contractors [any eight points with brief explanation]
According to securities contract Act, 1956, stock exchange means , “any body
39 of individuals, whether incorporated or not, constituted for the purpose of 2+6=8
assisting, regulating or controlling the business of buying and selling or dealing
in securities”.
Functions of stock exchange:
[1] Providing liquidity and marketability to existing securities.
[2] Pricing of securities
[3] Safety of transaction
[4] Contribution to economic growth
[5] Spreading of equity cult
[6] Providing scope for speculation [points with brief explanation]
SECTION-E
41 As a manager, I would like to follow the following logical steps in planning 5
process executing a project.
Planning process
1.Setting up of objectives
7. Follow up action.
Managing Director
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