REINFORCEMENT OF CONCEPTS

PRACTICE QUESTIONS

1. In 1995, Amazon was the first company to truly exploit the power of the rapidly
expanding internet to provide an online book retailing service to consumers. Amazon
has also been the first company to enable consumers to search for, and order hard to
find books as easily as best sellers. Outline the concept that enables a firm to take
advantage of early identification of business opportunities in a business environment.
2. Name the principle of management suggested by Henri Fayol, which advocates that,
“there should be goods superiors at all levels, clear and fair agreement and judicious
application of penalties.

(a) Unity of command

(b) Authority and responsibility
(c) Discipline
(d) Esprit De Corps

3. ‘Go shopping is a popular chain of consumer goods. The company has decided to
increasethe number of outlets from 10 to 30 by the end of year 2020. Identify the
feature of management highlighted in the above case.

4. Company A and company B are using the same amount of resources, however the
outputof the company A has higher than that of the company B. Identify the
concept in which company A has an edge over Company B.

5. Name any two features of profession which are not fulfilled by management
to becategorized as a profession.

6. A floor manager of a mall is a very good manager as he utilizes all the functions
of management to minimize cost of maintenance of his area. He directs all the
staff membersunder him to follow the targets and advises them to put their efforts
in the direction of achievement of these targets. Under his guidance the employees
admit that they learn a lot and are able to meet their targets. This has led to the
increase in their salaries. Identify the importance of management highlighted
above.

7. Telco Ltd. manufactures files and folders from old clothes to discourage the use of
plastic files and folders. For this, they employ people from nearby villages where very
less job opportunities are available. An employee, Harish, designed a plan for cost
reduction but it was not welcomed by the production manager. Another employee
gave some suggestions for improvements in design, but it also was not appreciated by
the production manager. Identify and state the principle of management that is
violated in the above paragraph.
 ART INTEGRATED ACTIVITY

SUBMITTED TO:
MS. SONIA KAPOOR

SUBMITTED BY:
SUCHI SINGH
XII D