Question

29. Rajeev, Aman and Abhay have decided to st a business of manufacturing toys. They ider fied the following main activities which th have to perform: (i) Purchase of raw materials (ii) Purchase of machinery (iii) Production of boys (iv) Arrangement of finance (v) Sale of toys (vi) Identifying the areas where they can: their toys (vii) Selection of employees In order to facilitate the work they thought t four managers should be appointed to lo after: (a) Production (b) Finance (c) Marketing (d) Personnel (1) Identify the function of management volved in the above-mentioned para (2) Quote the lines from the above para wh help you in identifying function. (3) State the steps followed in the proc of this function of management.

Answer 1

1) organising.

2)

I) identified the following main activities

ii) in order to facilitate they thought of four managers to look after:

a) production

b) finance

c) marketing

d) personnel

3 ) I) identification and division of work

ii) departmentalization

III) assignment of duties

iv) establishing reporting relationship

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