Financial Management — Business Studies STD 12 Commerce — Question

Which technique of Taylor insists on hiring specialist for every job? Explain that technique.

Sita and Gita are twin sisters. After completing a course in Journalism both of them joined a leading newspaper company as sub-editors. Over the years, due to their hardwork, they are promoted to the post of chief editor in different divisions. However, the way of their functioning is totally different. Sita believes in capabilities of her subordinates. Therefore, follows policy of selective dispersal of authority in all levels of other division.On the other hand, Gita prefers to function through strict control and retains all the decisions making authority with herself.(i) In the above context, state the concept used by Sita and Gita.(ii) State any three differences between both the concepts.

How do loan components or debentures in the capital structure act as lever to raise the return on equity share capital?

Jindal Ltd. could not achieve the target production of 15,000 cars p.a. It could produce only 14,125 cars-While analysing the reasons for deviations, it was found that workers were not efficient. Training programmes were organised and next year, company was able to produce 15,000 units. Production Manager is of the opinion that with this, management ends at controlling. Do you agree? Give reason to support your answer.Explain any four importance of controlling.

Some learning opportunities are designed and delivered to improve skills and abilities of employees whereas some others are designed to help in the growth of individuals in all respects. Identify and explain the two concepts explained above.

A company manufacturing sewing machines set up in 1946 follows formal organisation structure. It is facing lot of problems such as delays in decision-making. As a result, it is not able to adapt to the changing business environment. The work force is also not motivated. There is a problem of red tapism and employees' turnover is very high.You advise the company with regard to change it should bring about in its organisation structure to overcome the problems faced by it. Give reasons in terms of benefits it will derive from the changes suggested by you. In which sector can the company diversify keeping in mind the declining market for the product the company is manufacturing.

The quality of production is not as per standard. On investigation it was observed that most of the workers were not fully aware of proper operation of the machinery. What could be the way to improve the accuracy?

"Management is the life giving element in every business, without it the resources of production remain resources and shall never become production." Comment.

A company is manufacturing garments. The manager wants to increase the profit by:(a) Purchasing new high speed machine(b) Increasing the sale price(c) Using waste material in manufacturing stuff toysHe decided that using waste material to increase the profit is the best solution for him.(i) Identify the concept of management involved(ii) State any four features of that concept.