BUSINESS STUDIES UNIT-1

HLP ASSIGNMENT

1. Gang Plank explains that Fayols principles are not the rigid prescriptions of management.
Explain.
2. Name the principle of management which contradicts Functional foremanship the technique of
scientific management. Explain how the concept contradicts each other.
3. Social trends present various opportunities and threats to business enterprise. Give an
example. (1)
4. Understanding of environment by business managers enable them not only to identify and
evaluate, but also to react to the forces external to their firms. In light of the statement, explain
by giving five points why in the present day competitive market, it is essential for a business
enterprise to remain alert and aware in the environment. (5)
5. Lately many customers have planned for significant investment in organized retailing in India.
Several factors have prompted their decision in this regard-Customer income is rising. People
have developed a taste for better quality products even though they have to pay more. The
government permitted cent percent foreign direct investment in some sectors of retailing.
Identify the changes in business environment under different dimensions, quoting lines from the
above para. (3)
6. It is the process by which government control over the industry is loosened. Give the term to
which this statement is trying to indicate. (1)
7. Management of every enterprise can be benefitted from being aware of different dimensions
of Business Environment. Explain any four such dimensions. (4)
8. In Simran Ltd., an employee has the objective of maximizing his salary, but the organizational
objective is to maximize output at competitive cost. There was some dispute on this for a while.
Eventually, the organizational interest was given priority over employees interest. Name and
explain the principle reflected above. (3)
9. Sonali is the manager of a large company manufacturing garments for kids. She plans her winter
collection in the month of August itself. Then, she ensure that there is adequate workforce. She
continuously monitors whether production is going according to plans. She asks the marketing
department to prepare their promotional and advertising campaigns also.
a. Identify and explain the concept of management highlighted above.
b. What characteristic feature does the para highlight? State. (5)
10. The production manager of Bharat Ltd. instructs a salesman to go slow in selling the product,
whereas the marketing manager is insisting on fast selling to achieve the target. Which principle
of management is being violated in this case? State the consequences of violation of this
principle. (3)
11. The directors of Bhupender Ltd., an organisation manufacturing computers, want to double the
sales and have given this responsibility to their sales manager. The sales manager has no
authority either to increase the sales expenses or appoint new salesmen. Hence, he could not
achieve this target. Is the sales manager responsible for not achieving the target? Explain, in
brief, the relevant principle in support of your answer. (3)
12. With change in the consumption habits of people, Neelesh, who was running a sweet shop
shifted to chocolate business. On the eve of Diwali he offered chocolates in attractive packages
at reasonable prices. He anticipated huge demand and created a website chocolove.com for
taking orders online. He got lot of orders online and earned huge profit by selling chocolates.
Identify and explain the dimensions of business environment discussed in the above case. (4)
13. Raman agreed to be an employee of a company on the condition that he will be given a project
offering competitive salary, career advancement opportunity, promotion and recognition. Mr.
John, (general manager) puts Raman in a project in which promotion is not possible. Raman gets
disheartened and feels frustrated all the time. Such frustration also reflected in his work and he
could not bring desired results.
(a) Which objective of management Raman could not achieve? Explain.
(b) Identify the other two objectives.
(c) What should Mr. John do to avoid such problem? (6)