KEY/MARKING SCHEME 1. Management is a dynamic function. 1M 2. It aims at eliminating unnecessary diversity of products. 1M 3. Coordination 1M 4. Subordination of Individual Interest to General Instruct. 1M 5. Training 1M 6. The company might have as part of their Selection Process. 1M ignored ‘Personality Tests’ 7. Infosys company needs less working capital; because it is a service industry. There is no manufacturing activity. 1M 8. No, trading on equity is possible only when the rate of return is higher than the rate of interest on debt capital. In case of losses or low profits, it is not possible. 1M 9. 1M ‘HallMark’ 10. No, He is not consumer as per the Consumer Protection Act. He pay any fees or money for the didn’t service provided. 1M 11. . It provides the broad contours of an business. It will also refer to future ‘Strategy’ organisation’s decisions defining the organisations direction and scope in the long run. 3M
KEY/MARKING SCHEME 1. Management is a dynamic function. 1M 2. It aims at eliminating unnecessary diversity of products. 1M 3. Coordination 1M 4. Subordination of Individual Interest to General Instruct. 1M 5. Training 1M 6. The company might have ignored ‘Personality Tests’ as part of their Selection Process. 1M 7. Infosys company needs less working capital; because it is a service industry. There is no manufacturing activity. 1M 8. No, trading on equity is possible only when the rate of return is higher than the rate of interest on debt capital. In case of losses or low profits, it is not possible. 1M 9. ‘HallMark’ 1M 10. No, He is not consumer as per the Consumer Protection Act. He didn’t pay any fees or money for the service provided. 1M 11. ‘Strategy’ . It provides the broad contours of an organisation’s business. It will also refer to future decisions defining the organisations direction and scope in the long run. 3M
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