Business Studies, asked by riddhi2214, 9 months ago

After completing B.Tech in electrical engineering, Rocky sets a unit to produce LED

bulbs. Due to government support for the project he is able to get finance at a reasonable rate

of interest. Rocky has the ability to foresee and plan his operations very well. His company

does well and needs to appoint a manager to help him. Kishor joins his business as the

production manager. Kishor is very poor at planning the activities and does his work in a very

haphazard manner. Due to this their orders got delayed and customers started to get dissatisfied.

The goodwill earned by the Rocky over the years began to decline.

On the basis of the given information about Rocky, answer the following questions:

(a) Identify and explain the function of management which Kishor failed to perform by quoting

lines from the paragraph.

(b) Describe briefly any two features of the function of management as identified in part (a).

Answers

Answered by 8787687321
1

Answer:

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Answered by kartavyaguptasl
0

Answer:

The answers to the problems asked are given below:

(i) The basic functions of a manager are Planning, Staffing, Directing, Controlling and Organizing. Kishore failed at planning things appropriately delaying all the other aspects. He did work in a haphazard manner which got the orders delayed.

The lines quoting this are:

"Kishore is poor at planning the activities and does work in a haphazard manner."

(ii) The two features of the management team identified above are:

a) Planning: If you think of management  as a process, planning is the first function performed by the manager. The manager's job begins with setting goals for the organization and goals for each area of ​​the company.

This is done through planning. Managers look at the present to find out where they are, and  then predict future goals that indicate where they want to be, that is, where they want to be. The alternatives to achieve the goal are evaluated and the selected alternative becomes the action plan.

b) Organizing: Running a business is not just a plan. This includes realizing the plan by bringing together managers, workers, capital, machinery, materials, physical equipment, and other items or services to carry out the plan. When these resources are gathered, the company comes to life.

Organizing involves identifying and recording the activities required to achieve a goal, grouping those activities into manageable units or departments, and assigning  groups of such activities to managers. It will be. The delegation of authority creates the organization. It determines the relationship between ability and responsibility. These relationships must be properly coordinated to ensure organizational unity.

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