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The differential between 'Functional and 'Divisional' structure of organising on the basis of the
following:
Formation
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A differential between 'Functional and 'Divisional' structure of organising on the basis of the following:
Specialisation
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A differential between 'Functional and 'Divisional' structure of organising on the basis of the following:
Responsibility
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A differential between 'Functional and 'Divisional' structure of organising on the basis of the following:
Managerial development
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A differential between 'Functional and 'Divisional' structure of organising on the basis of the following:
Cost involved
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Name any two important characteristics of management.
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State the basic features of management as a profession.
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Answer the following question.
Explain any four points regarding the significance of the principles of management.
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Planning Reduces Creativity. Critically Comment.(Hint: Both the Points - Planning Promotes Innovative Ideas and Planning Reduces Creativity – Will Be Given).
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An auto company C Ltd. is facing a problem of declining market share due to increased competition from other new and existing players in the market. Its competitors are introducing lower priced models for mass consumers who are price sensitive. C Ltd. realized that it needs to take steps immediately to improve its market standing in the future . For quality conscious consumers, C Limited plans to introduce new models with added features and new technological advancements. The company has formed a team with representatives from all the levels of management. This team will brainstorm and will determine the steps that will be adopted by the organisation for implementing the above strategy. Explain the features of Planning highlighted in the situation given below.(Hint: Planning is pervasive, Planning is futuristic and Planning is a mental exercise).
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Identify the network of social relationships which arises spontaneously due to interaction at work.
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What is ‘Financial Risk?’ Why does it arise?
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What does the term ‘Span of management’ refer to?
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State any two circumstances under which the functional structure will prove to be an appropriate choice.
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Financial management is based on three broad financial decisions. What are these?
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Draw a diagram depicting a functional structure.
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company has its registered office in Delhi, manufacturing unit at Gurgaon and marketing and sales department at Faridabad. The company manufactures the consumer products. Which type of organisational structure should it adopt to achieve its target?
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How does informal organisation support the formal organisation?
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Neha runs a factory wherein she manufactures shoes. The business has been doing well and she intends to expand by diversifying into leather bags as well as western formal wear thereby making her company a complete provider of corporate wear. This will enable her to market her business unit as the one stop for working women. Which type of structure would you recommend for her expanded organisation and why?
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What is a divisional structure? Discuss its advantages and limitations.
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