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Question : Case Study: ABC Educational Institute

ABC Educational Institute is a reputed school with a large student population. The management is planning to introduce a new curriculum to meet the changing educational needs.

Question:

The type of plan that ABC Educational Institute should develop to implement the new curriculum is:

Option 1: Tactical plan
  

Option 2: Strategic plan
  

Option 3: Contingency plan

 

Option 4: Operational plan

Team Careers360 10th Jan, 2024

Correct Answer: Operational plan


Solution : The correct answer is (d) Operational plan

An operational plan is the most appropriate for implementing the new curriculum. It details the specific actions, processes, and tasks required for day-to-day operations. In this case, it would outline how the curriculum would be taught, the resources needed, the training of teachers, and the daily schedules, among other operational details.

Therefore, ABC Educational Institute should develop an operational plan to ensure a smooth and effective implementation of the new curriculum, addressing the practical aspects of its day-to-day execution.

8 Views

Question : Case Study: XYZ Electronics Pvt. Ltd.

XYZ Electronics Pvt. Ltd. is a growing company specializing in the manufacturing of electronic gadgets. The management believes in effective directing to ensure smooth operations. Consider the following scenario to answer the questions.

Question:

What role does motivation play in directing at XYZ Electronics?

Option 1: Decreasing employee morale
 

Option 2: Increasing micromanagement
 

Option 3: Enhancing employee performance and satisfaction

 

Option 4: Fostering conflicts among team members

Team Careers360 25th Jan, 2024

Correct Answer: Enhancing employee performance and satisfaction

 


Solution : The correct answer is (c) Enhancing employee performance and satisfaction

Motivation is a critical aspect of directing and management. It involves inspiring and encouraging employees to put forth their best efforts and achieve their goals. When employees at XYZ Electronics are motivated, they are more likely to be engaged, productive, and satisfied with their work. This ultimately leads to improved performance and higher levels of satisfaction within the team and organization.

21 Views

Question : Assertion: Scientific management principles aim to increase efficiency through job specialization.

Reason: It allows employees to focus on specific tasks, leading to expertise.

 

Option 1: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.

Option 2: Both are correct, but the reason is not the correct explanation.

Option 3: The assertion is correct, the reason is incorrect.

Option 4: The assertion is incorrect, the reason is correct.

Team Careers360 17th Jan, 2024

Correct Answer: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.


Solution : The correct answer is (a) Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.

The assertion is correct. Scientific management principles, including job specialization, indeed aim to increase efficiency by allowing employees to focus on specific tasks and become more proficient in those tasks over time.

The reason is the correct explanation. Job specialization permits employees to concentrate on particular tasks, leading to the development of expertise in those tasks, ultimately enhancing efficiency.

 

15 Views

Question : Case Study 17:

ABC Ltd. is a retail company that has been facing challenges in meeting government regulations related to packaging and waste management.

Q:- What is the business environment factor affecting ABC Ltd. in this case?
 

 

 

Option 1: Economic environment

Option 2: Technological environment

Option 3: Government policies

 

Option 4: Social environment

Team Careers360 25th Jan, 2024

Correct Answer: Government policies

 


Solution : The correct answer is (C) Government policies

The business environment factor affecting ABC Ltd. in this case is government policies. The challenges the company faces in meeting government regulations related to packaging and waste management are directly related to regulatory policies set by the government.

19 Views

Question : Case Study: ABC Hospitality believes in empowering its employees to make decisions and take ownership of their work. This reflects the application of which principle of management?

 

Option 1: Unity of command

Option 2: Initiative

Option 3: Unity of command

Option 4: Order

Team Careers360 7th Jan, 2024

Correct Answer: Initiative


Solution : The correct answer is (b) Initiative

The principle of "Initiative" in management encourages employees to take ownership, make decisions, and propose innovative solutions in their work. It involves empowering employees to act independently, show creativity, and contribute proactively to the organization's goals. ABC Hospitality believing in empowering its employees to make decisions and take ownership aligns with the principle of initiative, fostering a culture of responsibility and proactive contributions within the company.

 

25 Views

Question : Case Study: XYZ Retail Company believes in providing clear and precise instructions to its employees to streamline operations. This aligns with which principle of management?

 

Option 1: Unity of direction

Option 2: Scalar chain

Option 3: Order

Option 4: Unity of command

Team Careers360 7th Jan, 2024

Correct Answer: Order


Solution : The correct answer is (c) Order.

The principle of "Order" in management emphasizes organizing resources and activities in the most efficient and effective manner. This includes providing clear instructions, arranging tasks in a logical sequence, and ensuring that there's a place for everything and everything is in its place. By providing clear and precise instructions, an organization can streamline operations and enhance productivity.

 

12 Views

Question : Case Study: ABC Retailers

ABC Retailers is a chain of stores specializing in fashion apparel. They have a hierarchical management structure with top management, middle-level management, and lower-level management. The company aims to provide a wide range of trendy clothing options and outstanding customer service.

ABC Retailers' management team emphasizes the importance of teamwork and collaboration among employees. This reflects the management principle of:

Option 1: Authority and responsibility
 

Option 2: Unity of direction
 

Option 3: Equity

    

Option 4: Team spirit

Team Careers360 14th Jan, 2024

Correct Answer: Team spirit


Solution : The correct answer is (d) Team spirit

Team spirit in management principles emphasizes fostering a collaborative and cooperative work environment where employees work together as a team to achieve common goals. It promotes unity, mutual support, and synergy among team members. This principle encourages employees to work together and share their expertise and efforts to enhance productivity and achieve organizational objectives.

5 Views

Question : Case Study 34

ABC Ltd. is a conglomerate planning to expand its operations. The company's management is considering the roles of SEBI in the financial market.

Question : 

Which of the following is not a function of SEBI?

Option 1: Regulatory functions
 

Option 2: Protective functions
 

Option 3: Allocation of resources

 

Option 4: Developmental functions

Team Careers360 6th Jan, 2024

Correct Answer: Allocation of resources

 


Solution : The correct answer is (c) Allocation of resources

Allocation of resources is not a function of SEBI. SEBI primarily focuses on regulatory, protective, and developmental functions within the securities market. The allocation of resources is a broader economic concept related to efficient distribution and utilization of resources in the economy, and it is not specifically a role of SEBI.

13 Views

Question : Case Study: ABC Retailers

ABC Retailers is a chain of stores specializing in fashion apparel. They have a hierarchical management structure with top management, middle-level management, and lower-level management. The company aims to provide a wide range of trendy clothing options and outstanding customer service.

The primary objective of ABC Retailers is to:

Option 1: Maximize profits
  

Option 2: Offer a wide range of trendy clothing options
 

Option 3: Provide outstanding customer service

   

Option 4: Expand into new markets

Team Careers360 19th Jan, 2024

Correct Answer: Offer a wide range of trendy clothing options
 


Solution : The correct answer is (b) Offer a wide range of trendy clothing options

Providing a wide range of trendy clothing options is a specific and relevant objective for a fashion apparel retailer like ABC Retailers. While maximizing profits and providing outstanding customer service are important considerations for any retail business, the core focus of a fashion apparel store is typically to offer a diverse and attractive selection of clothing to meet customer preferences and needs. 

 

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