INDUSTRIAL MANAGEMENT

Answer to question No.1 is compulsory and to be answered first.

This answer to be made in separate loose script(s) provided for the purpose.

Maximum time allowed is 45 minutes after which the loose answer scripts will be collected and fresh
answer scripts for answering the remaining part of the question will be provided.

On early submission of answer scripts of Question No.1,

a student will get the remaining script earlier.

Answer any five questions from Group-A,B & C, taking at least one from each group.

1. A. Fill in the blanks(any ten): 10x1

i) _________ is the profounder of 14 principle of management.
ii) The function of management which identifies manpower requirement, selects
the manpower and trains the is __________ .
iii) ____________ are unplanned ,unwanted and improper occurrences caused
due to motion of persons , objects or substances which results in jury ,
damage or losses.
iv) Full form of EOQ is____________.
v) The time gap between issuing purchase order and receiving materials is
known as _________ time.
vi) Whatever materials kept in store are parts of ______________.
vii) ___________ leaders work according to the wishes of their follower.
viii) ___________ should not be allowed to accumulate to maintain normal
working conditions.
ix) Welfare officers shall be employed in every factory employing more than
______ workers.
x) Performance _____________ is necessary for the benefit of individuals as well
as factory.
xi) Full form of VAT IS __________.
xii) An industrial ____________ may be referred to an industrial tribunal.

B. State ‘True’ or ‘False’ (any ten): 10x1

i) The only objective of the management is to earn profit.

 ii) When functional organization is adopted , cost of products will be very high.

Iii) Motivation is the inspiration of man to do work.

iv) The procurement cost is directly proportional to the quality of material to be

purchased.

v) Transport vehicles cause maximum amount of air pollution.

vi) Excise duty is an example of direct tax.

vii) Very low debt-equity ratio indicates sound financial condition of the farm.

viii) Funds required to meet day to day expenditures are called working capital.

ix) Morale, attitude ,work culture perception , job satisfactions are psychology aspects

of management.

x) ABC analysis is based on Pareto analysis.

xi) A project organization is solely responsible to the planning, design , development, production,
evaluation and support of a single system or product.

xii) The ESI act was first introduced in 1923.

Group - A

2. a) What are the different types of industries?

b) What are the advantages and disadvantages of Globalization with respect to India?
c) What should be the social responsibilities of management? 2+4+4

3. What do you mean by MBO? State its advantages and disadvantages. Distinguish between
administration and management? 2+4+4

4. a)What are the important functions of management?

b) Discuss in short the contribution of F.W. Taylor and Henry Fayol in the development of
modern scientific management? 2+4+4

Group – B

5. What do you mean by leadership style? What should be the qualities of a good leader? Explain the
good leadership styles. 2+4+4
6. Write short notes on (any two) : 5x2

a) Performance appraisal and merit rating.

b) Workmen’s Compensation Act, 1923

c) Span of control.

d) Line and staff types of organization

7. a) Define the term safety in industries. What are its physical aspects?

b) Describe the different preventive measures to be implemented by industries to minimize

accidents. 2+4+4

8. a) What are different types of cooperative societies. State disadvantages of cooperative

societies.

b) Mention the characteristics of public limited company. What are sources of capital

for public limited company? 2+4+2+2

Group - C

9. a) How financial position of a business house can be analyzed by the financial ratios ?

What are the ratios needed to do the assessment?

b) What do you mean by budget and budgetary control? 2+4+2+2

10. a) Define the term inventory. What do you mean by inventory control ?

b) What are functions of material management?

c) What are various methods of purchasing materials for industrial purpose? 2+2+2+4

11. Write short notes on (any two): 5x2

a) ABC analysis

b) EOQ

c) BIN card

d) Pricing of materials.

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