Question

4. After every three months, Mr. Peter, sales manager, offers new trade
promotion schemes to its distributors. He plans to introduce new varieties of
products keeping in mind the needs of a customer and promotional schemes
from his competitors. This gives him an added advantage over his
competitors. Identify and explain which characteristics of management is
reflected in above situation? Explain it briefly.​

Answer 1

Answer:

https://images.app.goo.gl/6PsAiBzS9W7tAUjLA

Explanation:

a. Universal b. Dynamic c. Goal oriented d.Continuous

Answer 2

We are provided with a business situation. We need to identify and explain the characteristics of management that are reflected in the above business situation.

• There are many characteristics of management.
• some of them are Dynamic,goal-oriented, continuous, or universal.
• In the given situation, the manager in order to overcome his competition and for changing customer needs was always offering different schemes to the distributors .
• These are the dynamic characteristics of the management.
• A successful business enterprise has this dynamic changing ability of requirement of customers and abilities to beat the competition.

PROJECT CODE: #SPJ1