Business Studie...

There are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the appropriate option from the options given below

Assertion (A): Managers need to be given some flexibility to be able to cope with the changed circumstances.

Reason (R): Planning reduces creativity.

The cost of production increased due to increase in minimum wage rate by government is an economic dimension.

Telecom sector was opened up to private sector as a reform under Economic Policy, 1991. Nokia became the first cellular company to operate in 1994 and dominated the market. Later, it lost its market share and was absorbed by Microsoft. The management of Microsoft examined the environment and made suitable changes.Identify the point of importance of business environment with appropriate actions reflected in the above case.

Which of the following is not a step in the process of planning?

Identify the correct statements among the following:

A. Salary is not a primary economic reward for an entrepreneur.

B. A ‘never say die’ attitude of an entrepreneur is termed as self-confidence.

C. Acting out of choice rather than compulsion is initiative.

D. Entrepreneur’s concern for conservation of time and money is termed as ‘assertiveness’.

E. Executive summary and operation strategies are included in Business Plan.

Choose the correct answer from the option given below:

A company has replaced their obsolete machinery with a Hi-Tech machine as it could not achieve its target in the previous month due to slow production process. Which step in the process of controlling is executed by the company?

As per Consumer Protection Act, 2019, State Commission has a jurisdiction to entertain complaints where value of goods and services paid“ as consideration.

Staffing is the part of which functional area of Management ?

Match List I with List II:

Choose the correct answer from the options given below:

Which of the following is not a feature of planning?