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Monika, Rashmi and Garima are childhood friends. After completing their education, Monika joined a school as a teacher. - Business Studies

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प्रश्न

Monika, Rashmi and Garima are childhood friends. After completing their education, Monika joined a school as a teacher. Rashmi joined a firm as a Chartered Accountant and Garima as a General Manager in a Multi-National Company. After a long time in a re-union function of the school, they met each other. Rashmi said that they were all professionals now. Garima told Rashmi that she can say this about Monika and herself, but not about her since Manager is not considered a full-fledged professional.

Why did Garima say that she was not a professional? State any three points in support of your answer.

थोडक्यात उत्तर
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उत्तर

Garima stated that she was not a professional because she is not regarded a full-fledged professional as a manager.

The following three points in support of the statement:

  1. Lack of a standardised qualification: Managers, unlike other professions such as law, engineering, or accountancy, do not have a standardized capability. While some managers may have a business administration degree, becoming a manager is not required. As a result, the lack of a standardized certification for managers makes it difficult to regard them as full-fledged professionals.
  2. Lack of regulatory bodies: Professional bodies establish standards and ensure that their members follow ethical norms of conduct. For example, the Institute of Chartered Accountants of India regulates the accounting profession in India. There is, however, no governing agency for managers. Because of this lack of regulation, it is impossible to regard managers as full-fledged professionals.
  3. Varied job roles: A manager's function can vary significantly among industries and organizations. For example, a general manager at a manufacturing firm has distinct job responsibilities than a general manager in a software firm. Because work duties vary so widely, it isn't easy to define what it means to be a manager and what skills are required to become one. As a result, it is impossible to regard managers as full-fledged professionals.
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2022-2023 (March) Delhi Set 1

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 ?


“Management is universal.” Comment.


Answer the following question.
Mita has a successful ice cream business at Bikaner, namely "Smart flavours' ice creams are utterly delicious. She makes ice creams from fresh milk and the same are available in a wide range of flavours and packs. She sets viable business objectives and works with the same in mind in order to ensure that the customers will come back for purchasing.
Having the first-mover advantage, her business was doing well. To earn higher profits, she started cutting costs. This would sometimes lead to delay in delivery and the ice cream was not reaching the market in time. Over a period of time, the demand for her ice cream declined and because of it, the competitors entered the market. She lost some of her market share to competitors.
At the beginning of the summer season, she got back to backorder for the supply of 4,000 ice cream packs of different flavors for special occasions. To ensure that the task was completed and orders delivered in time she hired additional workers. She was, thus able to produce and deliver the ice cream packs but at a high production cost. While completing activities and finishing the given task for achieving goals, Mita realized that she was ignoring one of the important aspects of management.
Identify the aspects of management that has been ignored by Mita. Also, explain the same with the help of an example.


What is Management?


According to the nature of management, Management can be considered as ______.


Efficiency is concerned with ______.


Successful organisations do not achieve goals by chance but by following a deliberate process known as


Discuss the basic features of management as a profession.


Which statement is correct regarding division of work?


Read the following text and answer the following question on the basis of the same:

Simplex Limited had been taken over by Mundhra Group immediately following India's independence. Since then it enjoys a rich record of industry presence and experience. In 2005, with the aim to accelerate growth the company had gone through several rounds of meetings and discussions before launching ERP system to attract large projects. The management had done effective forecast and critical thinking regarding allocation of resources to reduce wastage. For this purpose, the company had laid down multiple courses of action to meet the challenge of adverse situations. In 2008, the company suffered loss in many projects due to the great recession despite taking many cost cutting measures. The management had taken utmost care regarding the possible outcome and timely review of the plans to achieve the set target during that hard time. In 2010 the system implemented successfully which subsequently helped the company to execute numerous projects with precision and timeliness.

"In 2005, with the aim to accelerate growth the company had gone through several rounds of meetings and discussions." What is the objective mentioned here according to the process stated here?


Read the following text and answer the following question on the basis of the same:

Simplex Limited had been taken over by Mundhra Group immediately following India's independence. Since then it enjoys a rich record of industry presence and experience. In 2005, with the aim to accelerate growth the company had gone through several rounds of meetings and discussions before launching ERP system to attract large projects. The management had done effective forecast and critical thinking regarding allocation of resources to reduce wastage. For this purpose, the company had laid down multiple courses of action to meet the challenge of adverse situations. In 2008, the company suffered loss in many projects due to the great recession despite taking many cost cutting measures. The management had taken utmost care regarding the possible outcome and timely review of the plans to achieve the set target during that hard time. In 2010 the system implemented successfully which subsequently helped the company to execute numerous projects with precision and timeliness.

"In 2008, the company suffered loss in many projects due to the great recession despite taking many cost cutting measures." Which limitation of the management process is indicated here?


Which study is the study of movements?


Management is a/an ______ process as it is an ongoing and never-ending process. 


Management is concerned with which of the following:


Different organisations have different goals. “Zeepo’ is an upcoming retail chain for providing consumer goods door-to-door, the objective of this organisation is to increase sales. 'Allie is an educational organisation working with an objective of providing education to under privileged children of the society. Management of each of these organisations unite the efforts of their employees towards achieving organisational goals.

The characteristic of management discussed above is:


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 objectives.

  1. Identify and state the organisational structure adopted by the company.
  2. State two benefits and two limitations of the identified structure highlighted in the above case.

Which statement best describes the main aim of utilizing optimum resources for efficient group operations?


Guiding or motivating, such as encouraging teamwork in a household, refers to which management function?


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