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प्रश्न
What is meant by ‘Privatisation’?
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उत्तर
Privatisation refers to the process of gradual transfer of ownership or management from the state/public-owned enterprises to individuals or private units, i.e. from the public sector to the private sector enterprises.
संबंधित प्रश्न
Rishitosh Mukherjee has recently joined AMV Ltd, a company manufacturing refrigerators. He found that his department was under-staffed and other departments were not cooperating with his department for the smooth functioning of the organisation. Therefore, he ensured that his department has the required number of employees and its cooperation with other departments is improved.
1) Identify the level at which Rishitosh Mukherjee was working.
2) Also, state three more functions required to be performed by Rishitosh Mukherjee at this
level.
What is meant by ‘Management of Operations’?
Answer the following question.
Pratap Singh is the Chief Executive Officer of Nissar Enterprises. It is an automobile parts manufacturing company. The enterprise has a functional structure, in which jobs of similar nature have been grouped together as Production, Finance, Marketing, and Human Resource. Nissar Enterprises has its manufacturing unit at Manesar. The factory has been plagued with many problems for a long time which was in the knowledge of the Production Manager, Varun Sharma. The workers had internal differences. Time and again, there were misunderstandings between the management and the workers. Keeping the problems in mind, Varun Sharma appointed Siyaram Singh who had 14 years of experience of working with the actual workforce and passing on instructions of the middle management to the workers.
Siyaram Singh met Varun Sharma to understand what the management wanted? Thereafter he met the workers and conveyed the ideas of management to them. He also promised the workers to convey their problems to the management. In this way, he cleared the misunderstanding between the management and the workers. He also sorted out internal differences and was able to unite the workers within a month of his joining. His work was acknowledged by management and he was given a certificate of good performance along with a 10% increase in salary.
(i) Siyaram Singh performed some of the functions which are required to be performed at the position he is working at. State any five other functions Siyaram Singh is expected to perform.
(ii) Name the incentives provided to Siyaram Singh.
Policy formulation is the function of ______.
Who is responsible for the welfare and survival of an organisation?
Which of the following is not included in Top Level Management?
Marketing and Personnel Managers are part of ________.
Setting Objective is a function of ______.
Name the concept that refers to the number of subordinates that can be effectively managed by a superior and determines the number of levels of management in the organisation.
Which of the following is not a designation related to top level management?
Which of the following is not a designation related to lower level management?
Which of the following statements is not true for lower level management?
______ comes under the top management.
Which level of management is mainly responsible for setting the organization’s overall objectives and formulating strategies?
Who typically acts as a bridge between strategic decision makers and operational employees in an organization?
Which of the following best describes the role of Lower Level Management in organizations?
