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Set No: 1
Code No: V3208/R07
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4. Define Inventory Control? What are the basic functions of Inventory Control and also
explain its importance?
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2. (a) How can you quantitatively find out the Responsibility of an Executive Official in
an Industry in relation to the persons working under him?
(b) Discuss the theory and principles of providing the Span of Control?
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3. Explain Webers Material Index and Sargents location factor in relation to the site
location for plant. How Economic Cost difference and local loyalty can play their part
in this?
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2. (a) Define organization? What are the Basic Concepts related to Organization?
(b) Briefly explain Line and Staff Organization?
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4. (a) Describe the concept and utility of ABC Analysis as applied to Inventory Control?
(b) Explain about Economic Order Quantity?
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5. Define Marketing Mix? Explain its significance and importance of Marketing Mix?
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