Advertisements
Advertisements
प्रश्न
Ashita and Lakshita are employees working in Dazzling enterprises dealing in costume jewellery. The firm secured an urgent order for 1,000 bracelets that were to be delivered within 4 days. They were assigned the responsibility of producing 500 bracelets each at a cost of Rs 100 per bracelet. Ashita was able to produce the required number within the stipulated time at the cost of Rs 55,000 whereas, Lakshita was able to produce only 450 units at a cost of Rs 90 per unit. State whether Ashita and Lakshita are efficient and effective. Give reasons to justify your answer.
Advertisements
उत्तर
• Management is the process of getting a task done with the aim of achieving the goals of the organization in an effective and efficient manner. The term effective means completing the given task and efficient means completing the task with minimum cost and time.
• Ashita was effective because she completed her task within time but not efficient as they had to bear a high-cost of Rs 55000.
• Lakshmi was neither effective or efficient as she did not complete her task on time.
APPEARS IN
संबंधित प्रश्न
'Management is the process of getting things done.' State the meaning of the term 'process' used in this statement.
What is meant by 'Management'?
Why is management considered to be a multi-dimensional
concept?
Explain any three objectives of management.
List out the management tools.
Efficiency is concerned with ______.
Management ensures ______.
A manager obtains the required capital at 12% interest while the prevailing rate of interest happens to be10%. How would you describe such a manager?
Ravi joined a marketing firm as a Sales manager. On his first day in the company, during the orientation programme, the CEO of the company told Ravi that he will have to simultaneously perform the functions of management (planning, organising, staffing, directing, controlling) all the time. Which characteristic of management was the CEO referring to?
Management translates the works to be carried out in terms of goals to be achieved and assigns the means to achieve it. This statement relates to ______.
Read the following text and answer the questions given below:
Vinay was the Chief Operating Officer of 'Easy Solutions Ltd.', a company providing advanced software solutions to Indian Defence Services. They had been carrying on business successfully for the last twelve years and earning enough profits. But from the last one year, they realised that though the business is getting big orders which are being fulfilled on time, even then the revenues kept on decreasing. Vinay was not-able to find out where the problem was. He started keeping a close check on the progress of activities as he could sense that something was wrong. He wanted to take some action before any major damage could be done to the business. Vinay appointed a cyber security expert who monitored the company's processes and found out that the computer operator was deleting the entries from the computers and pocketing the revenues. He was caught and handed over to the police. This created an atmosphere of order and discipline in the organisation and helped in minimizing dishonest behaviour on the part of the employees.
What corrective action did Vinay take?
Which of the following feature of management involved in managing an enterprise is common to all organisations whether economic, social or political :
Management is concerned with which of the following:
"Anyone can be called a manager irrespective of the educational qualification possessed." Identify the characteristic of the profession that Management does not fulfill in the statement being discussed above:
|
Diligent developers, a website design company in Bangalore is a startup initiative of Mr. Maniraj which aims at achieving a profit margin of 10% in its first year. Mr. Maniraj appointed Mr. Advait as the Digital marketing Head, Mr. Kiyansh as the head of Backend department and Mr. Nirved headed the Graphics Designing Department. Since each head was specialised in specific skills, it resulted in increased efficiency and better coordination. However, problems arose when Mr. Advait started considering group objectives superior to organisational objectives and stopped exchanging information with Mr. Kiyansh and Mr. Nirved. The company had to bear the brunt of lack of coordination and was unable to achieve its objective. |
- Identify and state the organisational structure adopted by the company.
- State two benefits and two limitations of the identified structure highlighted in the above case.
Mohan, the manager of a business organisation, is very lax with his employees and subordinates. He does not give them parameters or rules for reporting to work and deadlines for completion of assignments.
Which principle of management given by Henri Fayol is NOT being followed by Mohan?
Which process involves achieving group objectives through organizing people and resources efficiently?
Which statement best describes the main aim of utilizing optimum resources for efficient group operations?
