Question:
Quoting lines from the above paragraph, state any two features of the nature of management identified in
(a) above.
Quoting lines from the above paragraph, state any two features of the nature of management identified in
(a) above.
(a) above.
Show Hint
Management as an art
Updated On: Feb 21, 2025
Hide Solution
Verified By Collegedunia
Solution and Explanation
Feature 1: Personalised Application “They used basic knowledge in their unique manner and were able to educate the slum dwellers.” Feature 2: Based on Practice and Creativity “They adopted three different slums of Mumbai and started educating the slum dwellers in their own creative manner.”
Was this answer helpful?
0
0
Top Questions on Financial Management and Financial Market
- Nishi had gone to a grocery store to make routine purchases. On reaching home, as she took out a Binx tomato chips packet from the bag to give it to her son, she felt that it was underweight. She checked its weight on the kitchen weighing scale and found that it weighed 60 grams, whereas the label on the packet mentioned the weight as 100 grams. She approached the manufacturer and complained. The manufacturer offered her a gift hamper and requested her not to disclose the issue to anyone. Nishi refused to accept the gift hamper and took the issue to a redressal agency.
(a) State two responsibilities discharged by Nishi, as a consumer, in the above case.- CBSE CLASS XII - 2024
- Business Studies
- Financial Management and Financial Market
- State the needs of the employees being met by such incentives as per Maslow’s Need Hierarchy Theory.
- CBSE CLASS XII - 2024
- Business Studies
- Financial Management and Financial Market
- Read the following statements Assertion (A) and Reason (R). Choose the correct option from the given options. Assertion (A): Amount of Earnings is a major determinant of the decision about dividend. Reason (R): Dividends are paid out of current and past earnings.
- CBSE CLASS XII - 2024
- Business Studies
- Financial Management and Financial Market
- ‘It is a process that allocates or directs funds available for investment into their most productive instrument opportunity.’ This is known as:
- CBSE CLASS XII - 2024
- Business Studies
- Financial Management and Financial Market
- Kanav, after passing out of college with specialization in renewable energy, was determined to start a solar power plant. The venture required heavy investment in plant and machinery and less on manual labour. Kanav invested in the latest solar panel technology and infrastructure and purchased the latest solar panels, inverters and battery storage systems.
Despite the high risk and substantial investment, Kanav's business had good expansion possibilities. The world was increasingly moving towards clean energy solutions, and there was a growing demand for sustainable power sources. So, Kanav decided to create a higher capacity to meet the anticipated demand quickly. This entailed further investment in fixed assets which Kanav was able to arrange.
As the years passed, the solar power plant did very well and played a pivotal role in the city's transition towards a greener and more sustainable future. Identify and explain the two factors affecting the fixed capital requirements discussed in the above case.- CBSE CLASS XII - 2024
- Business Studies
- Financial Management and Financial Market
View More Questions
Questions Asked in CBSE CLASS XII exam
- Ankur Sachdeva did his MBA from ITB University. He decided to apply his knowledge of scientific management in the fast food restaurant chain 'Coffee Bean' set up by him. This restaurant was providing burgers, fries, shakes etc, as a part of its menu. Nowadays people are quality conscious, so he was using standardised raw materials, processes, methods, working conditions, machinery etc. The objective was to establish standards of excellence. By doing this he was not only able to reduce the cost but was also able to provide new varieties of burgers, fries and shakes leading to increased turnover. Ankur Sachdeva also believed that there was only one best method to maximise efficiency. As a result he developed best way of grilling burgers, cooking fries and preparing shakes. His main objective was to maximise the satisfaction of customers, which he was able to achieve. Not only to learn the best way of doing a job, but to perform their tasks efficiently, 'Coffee Bean' regularly invests in training and development programmes to equip employees with the necessary skill and knowledge. 'Coffee Bean' believed that efficient employees will produce more and earn more. This will ensure their greatest efficiency and prosperity for both company and workers. The above case highlights the use of Scientific principles and techniques by 'Coffee Bean'. Explain any one such principle and two techniques.
- CBSE CLASS XII - 2024
- Marketing Management
- Preeti started her own cooking channel on 'Youtube Mood Art'. As her subscribers increased, she was not in a position to manage everything on her own. She hired Rahul and Riya to help her with filming editing, lighting and content research. She granted authority to them to operate within prescribed limits. She was thus, able to use her time on high priority activities like developing new recipes and content development etc. As a result, Rahul and Riya were given opportunities to develop and exercise initiative. Preeti was now able to focus on objectives and meet the target of achieving a subscriber base of one million in six months.
(a) Identify the concept of management used by Preeti.
(b) Explain any five points of importance of the concept identified in .- CBSE CLASS XII - 2024
- Organising
- Explain the following limitations of the planning function of management:
(b) Planning may not work in a dynamic environment.
(ii) Planning leads to rigidity.
(iii) Planning is time-consuming.- CBSE CLASS XII - 2024
- Marketing Management
- Kaysons Ltd. was a reputed company manufacturing automotive parts for electric vehicles. With growing demand for electric vehicles, Kaysons Ltd. required more capital to meet the increased demand for automotive parts. Atul, the Finance Manager, suggested raising funds through a public issue of shares as the stock market was bullish. Although this process would reduce the management’s holding and involve significant expenditure, the Chief Executive Officer agreed. The public issue of shares was made in compliance with Securities and Exchange Board of India (SEBI) guidelines. Identify and state four factors affecting the choice of capital structure being discussed above.
- CBSE CLASS XII - 2024
- Financial Planning
- State any two reliefs that can be granted to Nishi, if the consumer court is satisfied with the genuineness of the complaint.
- CBSE CLASS XII - 2024
- Financial Planning
View More Questions