Short Answer Type

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State how 'Growth Prospects' affect working capital requirements of a company?


When a company is having higher growth prospects, the requirement for working capital will be more due to higher production and sales target.

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Long Answer Type

Describe any five reasons which clarify that management is gaining importance day-by-day.

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Explain the various steps in the process of controlling.

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’Organising involves a series of steps in order to achieve the desired goals.” Explain these steps.

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With the help of any four points, explain the crucial role that organising plays in an enterprise. 

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Principles of Taylor and Fayol are mutually complementary. One believed that the management should not close its ears to constructive suggestions made by the employees while the other suggested that a good company should have an employee suggestion system whereby suggestions which result in substantial time or cost reduction should be rewarded.
Identify and explain the principles of Taylor and Fayol referred in the above para.

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Short Answer Type

What is the primary objective of 'Financial Management’?

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State any one consequence of a well performed 'allocative function' of financial market. 

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Give the meaning of 'Money Market'.

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Long Answer Type

Explain any four points that highlight the importance of controlling.

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