Name the principle that a manager should consider while dealing with deviations effectively. State any one situation in which an organisation’s control system loses its effectiveness.

What are the steps taken by management in the planning process?

Why is management considered to be a multi-dimensional concept?

Explain the procedure for selection of employees.

How would you characterize the business environment? Explain with examples, the difference between general and specific environment.

Indian Railways has launched a new broad gauge solar power train which is going to be a path breaking leap towards making trains greener and more environment friendly. The solar power DEMU (Diesel Electric Multiple Unit) has 6 trailer coaches and is expected to save about 21,000 liters of diesel and ensure a cost saving of Rs 12, 00,000 per year. Name the objectives of management achieved by Indian Railways in the above case.

The government of India announced Demonetization of ₹ 500 and ₹ 1,000 currency notes with effect from the midnight of November 8, 2016. As a result, the existing ₹ 500 and ₹ 1,000 currency notes ceased to be legal tender from that date. New currency notes of the denomination of ₹ 500 and ₹ 2,000 were issued by Reserve Bank of India after the announcement.

This step resulted in a substantial increase in the awareness about and use of Point of Sale machines, e-wallets, digital cash and other modes of cashless transactions. Also, increased transparency in monetary transactions and disclosure led to a rise in government revenue in the form of tax collection.

a. Enumerate the dimensions of the business environment highlighted above.
b. State the features of Demonetization.

Define scientific management. State any three of its principles.

Explain the qualities of a good leader? Do the qualities alone ensure leadership success?

Discuss the relevance of Taylor and Fayol’s contribution in the contemporary business environment.

Management is a series of continuous interrelated functions. Comment.

What is the societal concept of marketing?

How does working capital affect both the liquidity as well as profitability of a business?

Give any two standards that can be used by a company to evaluate the performance of its Finance & Accounting department.

Explain the principle of ‘Scalar Chain’ and gang plank.

What is informal communication?

State any two causes of fatigue that may create hindrance in the employee’s performance.

How would you characterize the business environment? Explain with examples, the difference between general and specific environment.

What are industrial products? How are they different from consumer products? Explain.

Discuss the role of ‘sales promotion’ as an element of promotion mix.

Can planning work in a changing environment? Give a reason to justify your answer.