Business Studies, asked by aabykuruvilla652, 10 months ago

2. The production and sales department of XYZ Ltd. were in a state of conflict. In order to resolve the conflict, the general manager emphasised on the importance of overall goals of the organization rather than department goals. State the nature of management principles being highlighted here.

Answers

Answered by Anonymous
0

Answer:

Organisational goals

Explanation:

In any organisation it very important

To stay united and work as a team.All departments must stay transparent .

Every business wants to be profitable; the higher the profit margin, the more likely it is that the company can grow. The problem is that too many business owners don’t take the time to set a specific profitability goal. It’s easy to tell employees, "We need to turn a profit," but how will you measure profitability? Instead of just setting a general goal of earning a profit, business owners should set a specific standard.

For example, if you own a skateboard company, set a goal of earning a 20 percent net profit margin within two years, based on sales of 50,000 skateboards. By specifying the profitability standard, it’s now much easier for your organization to make an action plan to achieve that goal.

Motivate and Unify Employees

Without specific goals, employees can feel as if they’re part of a ship that lacks a rudder. In other words, they show up every day and perform tasks, but no one is really working together toward one purpose. However, when a business leader communicates clear goals to the team, everyone is now unified by a single purpose. Even more important, everyone is motivated to work hard to achieve that goal, and that motivation will make it easier for workers to buy into the decisions you make to push the organization forward. When employees understand where an organization is headed, they are much more likely to leverage their own skills and talent in efficient

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