English

Ishika suggested that we should keep the silk covers for special festive occasions and offer the cotton bed covers on regular basis to keep costs under control.” - Commerce

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Question

Read the extract given below and answer the question.

Ishikais the branch manager of Dharohar handicraft Private Limited. The company’s objective is to promote the sale of Indian handlooms and handicraft products. It sells fabrics, furnishings, ready-made and household items made out of traditional Indian fabrics. Ishika decides quantities, variety, colour and texture of all the above items and then allocates resources for their purchase from different suppliers. She appoints a team of designers and craft people in the company, who developed some prints for bed covers in bright colour on silk. Although the product looked very attractive and impressive, they are relatively expensive on the front of affordability for an average customer. Ishika suggested that they should keep the silk bed covers for special festive occasions and offer the cotton bed covers on regular basis to keep the cost under control.

Ishika suggested that we should keep the silk covers for special festive occasions and offer the cotton bed covers on regular basis to keep costs under control.”

Options

  • Controlling

  • Staffing

  • Planning

  • Directing

MCQ
Comprehension
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Solution

Planning

Explanation:

Ishika’s decision to offer silk bed covers on festive occasions and cotton ones regularly is an example of planning deciding in advance what to produce and when, to manage costs and meet customer needs.

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Chapter 7: Functions of Management and Coordination - QUESTIONS [Page 198]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 7 Functions of Management and Coordination
QUESTIONS | Q 17. | Page 198
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