An Indian information technology company presently employing 10,000 people, desires to expand its business in manufacturing, trading etc. It wants to become a globaI company. To achieve its objectives it has started shifting from a centralized to a decentralized management system. Identify the management function being performed by the company to become a decentralized company.
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Hemant, Guddu and Toshita were friends from college days and presently they were doing different kinds of business.
Hemant: Societal Marketing Philosophy. Feature: Its focus is on Customer satisfaction along with social welfare. Guddu: SellingConcept/Philosophy Feature: The main focus is on aggressive selling and promotional tools to increase...
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Sujata Ltd. was engaged in the business of manufacturing auto components. Lately, its business was expanding
(i) Unity of Command: "Sometimes, the subordinates had to work for more than one superior." According to this principle one subordinate should receive orders from one superior only. (ii) Discipline:...
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Two years ago Madhu completed her degree in food technology. She worked for sometime in a company manufacturing chutneys, pickles and murabbas.
The different types of plans are: (i) Objective 'One of her objective is to earn 10% profit on the amount invested in the first year.' An objective is the end...
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Two years ago, Mayank obtained degree in food technology. For some time he worked in a company manufacturing bread and biscuits.
The different types of plans are: (i) Objective ‘One of his objective was to earn 50% profits on the amount invested in the first year’. An objective is the end which the management...
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A Steel Manufacturing Company has the following main jobs: (i) Manufacturing (ii) Finance (iii) Marketing
Functional structure of organisation as all major functions can be performed well under separate specialised departments. Advantages: (i) Specialization: A functional structure leads to occupational specialization since emphasis is placed on specific...
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Shreyskar runs a lock manufacturing factory. He wants to expand his business. For expansion he contemplates to enter into the
He will choose a 'Divisional Structure' for his factory as the factory is producing more than one product. Advantages of divisional structure: (i) Product specialization helps in the development of varied...
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Bhuvan and Co. are running a shoe manufacturing company successfully. So they planned to expand their business activities
Presently the company has a functional structure since it is a uni-product company but now it will go for divisional structure since it is suitable for a multi-product company.
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Equity shareholders are called: (a) Owners of the company (b) Partners of the company (c) Executives of the company (d) Guardian of the company
(a) Owners of the company
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If the capital of a business is Rs.3,00,000 and liabilities are Rs.50,000, loss 70,000, calculate the total assets of the business.
Total assets = capital - Loss + Liabilities = Rs.3,00,000 - Rs.70,000 + Rs. 50,000 = Rs.2,80,000
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If capital of a business is Rs.1,40,000 and liabilities are of Rs.80,000, calculate the total assets of the business.
Total Assets = Liabilities + capital = Rs.80,000 + Rs.1,40,000 =Rs. 2,20,000
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