Correct Answer: Both A and R correct and R is the correct explanation of A.
 

Solution : The primary aim of Financial Management is to maximize the wealth of shareholders because companies funds belong to the shareholders and the return earned by them determine their market value and price.

Hence, option A is correct.

Correct Answer: A lack of team work and a weakness for quick profit

Solution : The correct choice is the fourth option.

The weakness of traditional Indian firms, as mentioned in the passage, is that there is a lack of teamwork and a weakness for quick profit, which makes the fourth option the appropriate choice.

Correct Answer: Placing an order
 

Solution : The correct answer is (a) Placing an order

Placing an order involves specifying the details of the trade, including the type of security to be bought or sold, the quantity, the desired price, and any other relevant information. The broker then executes this order in the stock market on behalf of GHI Enterprises. Dematerialization and opening a demat account are essential steps in the broader trading process, but they usually occur before placing an order. Settlement is a subsequent step where the actual transfer of securities and funds occurs after a trade is executed. However, placing an order is the immediate next step right after selecting a broker.

Correct Answer: Settlement

Solution : The correct answer is (c) Settlement

The step that immediately follows the execution of a trade order is "settlement." After a trade order is executed and the transaction is completed, the settlement process begins. Settlement involves the actual transfer of ownership of securities and funds between the buyer and the seller. This process ensures that the trade is settled in a systematic and secure manner, finalizing the transaction on the stock exchange.

Correct Answer: Allocating resources and assigning tasks

Solution : The correct answer is (c) Allocating resources and assigning tasks

Organizing in management is the process of arranging resources (such as human resources, finances, and physical assets) and assigning tasks and responsibilities to achieve the organization's objectives efficiently and effectively. This function involves creating a structure, coordinating activities, and ensuring that resources are utilized in a way that aligns with the organization's goals. Guiding and motivating employees is part of the leading function, setting performance standards is related to the controlling function, and monitoring employee performance is also part of the controlling function.

Correct Answer: Measurable and specific goals

Solution : The correct answer is (c) Measurable and specific goals

Measurable and specific goals are essential characteristics of effective planning for several reasons. Measurable and specific goals provide clarity about what needs to be achieved. This clarity ensures that all stakeholders, including employees, understand the objectives and can work towards them with a shared understanding. Having measurable goals allows for clear accountability. Individuals or teams can be held accountable for specific outcomes, making it easier to assess performance and allocate resources effectively. Measurability enables the evaluation of progress. By having specific criteria for success, ABC Educational Institute can assess whether the goals are being met and make adjustments to the plan if necessary.

Correct Answer: Harmony not discord

Solution : According to this principel there should be complete harmony and proper understanding between management and workers and they should work together for organisational goals. Both(management and workers) should give up their attitude of opposition and enmity towards each other.

Hence, option C is correct.

Correct Answer: Coordinate activities within departments

Solution : The correct answer is (c) Coordinate activities within departments

Middle-level management plays a key role in coordinating activities within specific departments or units of the organization. They bridge the gap between top management (which focuses on developing long-term strategies and policies) and lower-level management (which oversees day-to-day operations and executes plans and policies). Middle-level managers are responsible for ensuring that the activities in their departments align with the overall goals and strategies set by top management while also coordinating and managing the resources and efforts of their teams.

Correct Answer: Esprit de corps

Solution : The correct answer is (c) Esprit de corps

The principle of "Esprit de corps" emphasizes fostering unity and a sense of camaraderie among employees within an organization. It involves creating a team spirit, promoting teamwork, and encouraging a sense of unity and loyalty among the workforce. ABC Pharmaceuticals advocating for unity and camaraderie among its employees aligns with the principle of esprit de corps, demonstrating their commitment to building a positive and collaborative work environment.

Correct Answer: Initiative

Solution : The correct answer is (d) Initiative

Initiative in management principles encourages employees to take the initiative, be proactive, and seek opportunities for growth and development. It involves empowering employees to take on new responsibilities, learn and develop new skills, and contribute to the organization's success beyond their basic job requirements. This principle aligns with the idea of fostering a culture of continuous learning and improvement within the organization.