Business Studies, asked by demongaming010, 3 days ago

5 Ravi wants to start a cloth business. He decides to sell modern suite selling business in his hometov onths he comes to realization that the people in his town are not used to wearing western style clothing. Hed ansistor making business. He makes a time table for all the workers so that their efforts could be synchronize - giving them proper time schedule. He also brings a few books of management. He comes to know tha aching of management can be applied almost every situation of business. After six months he becomes a bere s main concern moves towards his employees selecting the best employees, giving them training, prep cording to their mindsets and giving them financial/non financial incentives to bring the best in them. The owth. After six more months he decides to create a suggestion box system to introduce a system where goo aluated and asked the employees to make efforts from their side. On the annual day of his company he cal ils them that the best services to their society would be producing best quality products. a) Which dimension of business environment can be seen here affecting the business? (IM) b) Which concept of management has been highlighted in the above case related to the time table? (1M) c) Which feature of principle of management is highlighted in the above case? (1M) d) Which principle of Taylor has been highlighted in the above case? (1M) e) Which principle of Fayol has been highlighted in the above lase? 1M) D Which value has been upheld in the above case? (1M)​

Answers

Answered by nageshgupt
1

Answer:

In short, starting and managing a business takes a great deal of business knowledge and experience. In the new Business Management MicroMasters program from IIMBx and edX, entrepreneurs, students and professionals can gain in-depth knowledge of the key concepts of management across six functional areas. Get an overview of accounting, finance, operations, human resources management, marketing and strategy. Look at real-world businesses as you develop an understanding of each of these key disciplines. Courses are online and open for anyone to enroll. Read more about the MicroMasters program and enroll online today.

Similar questions