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Eco-01 Business Organisation Assignment Satisfaction

1.Assess the organization’s culture as it relates to shared knowledge, then specify thesignificant issue(s) that you discovered with the culture. Determine the disconnect youobserved between the culture and organizational learning using three (3) of the five (5)mystifications. Support your response with at least one (1) example of each selectedmystification within the organization.Dearborn Electronics, Inc. is a manufacturing facility that specializes in producingelectrical capacitors and special electronic filters which are used in various industries includingthe military. The company has approximately five hundred employees or operators along withmanagement staff and engineers who consist of twenty five individuals. The company contains adiverse selection of workers that come from different cultures and backgrounds includingHispanics, Asians, and Eastern Europeans. The culture of the company lacks several issueswhich can help the company's growth and stability. Management is not directly involved withmany of these cultural issues and hence it is making it difficult for workers to perform theirduties more efficiently. One of these major issues is the new workers’ training program which isbasically very limited in the length of time and information. When new workers are hired, thereis no specific training program or detailed instructions to follow. New workers would beassigned to stations and have one or more existing workers to show them what to do on dailybasis. This process has been used by the company which lack management presence and allowmultiple errors to occur during manufacturing processes. On the other hand, new workers withknowledge and long experience become very irritated and upset which drive many of them toleave the company as soon as they have a chance of employment elsewhere. Another issue isexisting workers have no continuous training for improvement. Basically, existing workers mustlearn new methods or processes on their own which cost several manufacturing errors and cost

Course Code : ECO – 01
Course Title : Business Organization
Assignment Code : ECO – 01/TMA/2017-18
Coverage : All Blocks
Maximum Marks: 100
Business Organization Solved Assignment 2017-18
Attempt all the questions.
1. “Company form of organization emerged essential because of the limitations of the sole
Proprietorship and partnership forms of organizations”. Discuss.
(20)
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2. What is capital structure? Explain the factors one should keep in mind while deciding
capital structure of the company.
(20)
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3. “The relationship between a banker and customer is primarily that of a debtor and a
creditor”. Discuss.
(20)
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4. Differentiate between the following:
(a) Government company and public limited company.
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(b) Functional middlemen and merchant middlemen.
(10+10)
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5. Write notes very brief comment on the following statements:
(a) Direct demand for public utility services is elastic.
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(b) All the public enterprises in India are wholly owned by the Government of India.
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(c) Insurance is nothing but risk transfer.
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(d) Employment is an economic activity carried out with the objective of earning profit.
(4×5)
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ECO – 02 Solved Assignment 2017-18

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