A-AS Level (CIE) Business Studies Paper-1: Specimen Questions with Answers 33 - 34 of 50

Question 33

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Write in Short

Short Answer▾

Distinguish between equity shares and preference shares.

Explanation

Distinguish between Equity Shares and Preference Shares
S. no.Equity SharesPreference Shares
1Generally, equity shareholders enjoy voting rightsThe holder of these shares does not enjoy any voting right except at their class meeting.
2Equity shares holders get the dividend after the payment to preference share holdersThe holders of these shares have the preference right as to the payment of dividend
3Repayment of equity shares capital is made after making repayment to preference share holderThe holder of these shares has the preference right as to the repayment of preference share capital
4The rate of dividend may vary year to yearThe rate of dividend is fixed.

Question 34

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Describe in Detail

Essay▾

Explain the scope of Human resource management.

Explanation

  • Analyzing Job, HR Planning: In this, the type of job, people required for the job, qualification they possess all are analyzed. HR planning is a process where right person, at right place at right time and most important at right cost, is utilized.
  • Recruitment, Selection, Placement: Recruitment is the process of attracting most suitable person for the job, which is followed by selection in which the deviants are removed. Jobs are offer to the selected candidate.
  • Training and Development: Training is a process of increasing the and are accordingly placed. skills, aptitude, knowledge of an employee. Development is a continuous and long-term process used to develop managerial skills.
  • Performance Appraisal: Taking feedback of employees work and measuring their performance is called performance appraisal.
  • Employees Transfer, Separation, Promotion: Sending employee to other place of work from his present position is known as transfer, while keeping employee away from job is separation and upgrading his job. area of work, salary is called promotion.
  • Wages and Salary Administration: Fair remuneration to employees as per his job is related with wages and salary administration.
  • Human Resource Research and Application: Human resource research helps in finding new methods of HR practices, this helps in developing organization and takes organization to next level.

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