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Sia ? 6 years, 8 months ago
A debenture is one of the most typical forms of long term loans that a company can take. It is normally a loan that should be repaid on a specific date, but some debentures are irredeemable securities.
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(i) Rigidity of planning mismatches the current performance with prevailing environment and thus, planning suffers from inflexibility in meeting its targets.
(ii) Policies and programmes of the enterprise have to be established in course of the preparation of the plan. Once these are finalised it is difficult to change them.
(iii) Secondly, commitments have to be made for long-term capital investment. This is done at the time of preparing the plan. Thus, capital investment is planned for future in terms of the forecasts made now.
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The main characteristic highlighted by this statement is that “Management is an intangible force”.Which can not be seen but its existence is always there in every organisation.
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Yes, he is effective as he has achieved the target. Although he is not efficient since he achieved the target by incurring higher costs.
Posted by Mihir Jain 6 years, 8 months ago
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Yes, because he has shown both effectiveness as well as efficiency. the work was completed on time and with minimum cost.
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