Hritik is desirous of setting up a small factory to manufacture different kinds of eco-friendly packaging materials. He proposes to adopt to logical approach to his business rather than hit and trial method as he knows that this can result in tremendous saving of human energy as well as wastage of time and materials. He plans to adopt paternalistic style of management in practice in order to avoid any kind of class-conflict that may emerge between him and the workers. Moreover, he plans to seek the opinion of his workers before taking any important decisions and also offers incentives to them for providing valuable suggestions for the business
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(i) Name the process that helped Lalita Devi in ‘converting an idea into an opportunity’.
(ii) Identify the kind of organization that Lalita Devi had decided to set up. (iii) State any two values which Lahta Devi wants to communicate to the society.
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