Question

‘F’ limited was engaged in the business of food processing andselling its products under a popular brand. Lately the businesswas expanding due to good quality and reasonable prices. Also withmore people working the market for processed food was increasing.New players were also coming to cash in on the new trend. In orderto keep its market share in the short run the company directed itsexisting workforce to work overtime.But this resulted in many problems. Due to increased pressureof work the efficiency of the workers declined. Sometimes the subordinates had to work for more than one superior resultingin declining efficiency. The divisions that were previously workingon one product were also made to work on two or more products.This resulted in a lot of overlapping and wasteage. The workerswere becoming undisciplined. The spirit of teamwork, which hadcharacterised the company, previously was beginning to wane.Workers were feeling cheated and initiative was declining. Thequality of the products was beginning to decline and market sharewas on the verge of decrease.Actually the company had implemented changes without creatingthe required infrastructure.Questions1. Identify the Principles of Management (out of 14 given byHenry Fayol) that were being violated by the company.2. Explain these principles in brief.3. What steps should the company management take in relationto the above principles to restore the company to its pastglory?

Answer 1

Answer:

From business magazines, annual reports, newspapers orinternet find out what changes are taking place in companiesrelating to corporate governance, production practices etc.Prepare a scrapbook. Discuss these cases with your teacherand friends. Prepare a report of the same

Answer 2

the answer Is divided in 7 parts to know the details of second ques refer to ncert only