Question

A.S .Ltd is a large company engaged in assembly of air conditioners. Recently the company had conducted the “Time and Motion” study and concluded that on an average a worker can assemble ten air –conditioner in a day. The target volume of the company in a day is assembling of 1000 units of air –conditioners. The company is providing attractive allowances to reduce labour turnover. All the workers are happy, even then the assembly of air –conditioners per day is 800 units only. The reason the company compared actual performance of each worker and observed through CCTV that some of the workers were bussy is gossiping. (a) Identify the function of management discussed above . (b) State those steps in the process of the function identified which are discussed in the above para

Answer 1

Answer:

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Answer 2

Answer:

a. Planning is the first and foremost function of the management. All other .functions are based on planning function. Manager has to determine in advance what it is to be done, when it is to be done, and how it is to be done. Optimum utilization of resources is out of question without planning.

b. Step 1 - Establish Your Objectives. To navigate the road to retirement, you must first map out your destination. ...

Step 2 - Determine Your Investment Style. ...

Step 3 - Evaluate Investments. ...

Step 4 - Choose an Appropriate Investment Plan. ...

Step 5 - Execute and Periodically Examine the Plan.