Financial Management — Business Studies STD 12 Commerce — Question

Explain the role of universities and schools in consumer protection.

Explain briefly ‘Unity of Direction’ and ‘Order’ as principles of general management.

Mr. Aditya Gupta was the chairman of ‘Vandan Bank’. The Bank was earning good profits. Shareholders were happy as the bank was paying regular dividends. The market price of their shares was also steadily rising. The bank announced taking over of ‘Karur Bank’. Aditya Gupta knew that the share price of Vandan Bank would rise on this announcement. Being a part of the bank, he was not allowed to buy shares of the bank. He called one of his rich friends Nimesh and asked him to invest ₹ 6 crores in the shares of his bank promising him the capital gain.
As expected, the share prices went up by 40% and the market price of Nimesh’s shares was now ₹ 8.4 crores. He had earned a profit of ₹ 2.4 crores. He gave ₹ 1.2 crore to Mr. Aditya Gupta and kept ₹ 1.2 crore with him. On regular inspection and by conducting enquiries of the brokers involved, Securities and Exchange Board of India (SEBI) was able to detect this irregularity. SEBI imposed a heavy penalty on Aditya Gupta.
By quoting the lines from the above para identify and state any two functions that were performed by SEBI in the above case.

State any three features of ‘Informal Organisation.’

What is the need for consumer protection?

State any three responsibilities that a consumer should keep in mind while purchasing, using and consuming goods and services.

Pramod was a supervisor at 'Annapurna Aata' factory. The factory was producing 200 quintals of aata every day. His job was to make sure that the work goes on smoothly and there was no interruption in production. He was a good leader who would give orders only after consulting his subordinates and work out the policies with the acceptance of the group.
Identify and describe the leadership style being adopted by Pramod.

Explain the 'Earnings Before Interest and Taxes - EBIT'.

How is control related with planning?

Ritu is the manager of the northern division of a large corporate house. At what level does she work in the organisation? What are her basic functions ?