in a company , the marketing departments objective is to increase sales by 10 per cent by offering discounts. but , the finance department does not approve of such discounts as it means loss of revenue a , identify and explain the concept of management highlighted above b, state the characteristics of managemenrt the company is violating ?
Answers
solution:-
Coordination
coordination is the process by which manager synchronizes the activities of different departments . coordination is the force that binds all the other functions of management.
# characteristic of management the company is violating :-
@ management is a group activity:-
management always refers to a group of people involved in managerial activities .each individual performs his role at his status and department then only management function can be executed , even the result of management affects every individual and every department of the organization so it always refers to a group efforts and not a individual effort of one person.
In a company , the marketing departments objective is to increase sales by 10 per cent by offering discounts. but , the finance department does not approve of such discounts as it means loss of revenue a , identify and explain the concept of management highlighted above b, state the characteristics of management the company is violating ?
Solution :
a, identify and explain the concept of management highlighted above?
The case study given above is the concept of co-ordination of management. Concept of Management Coordination is the process in which the activities of different departments are coordinated. This means that the desired goal of the entire organization, all the departments should work together with a team spirit to achieve it.
b, state the characteristics of management the company is violating?
In the case study given above, the group activity characteristic of company management is being violated.
A group activity refers to some activity in which the management of any organisation is not done separately, but all the employees and departments of all the organizations work together. A person cannot have all kinds of qualities, so the person for whom the tasks of those qualities are prescribed, the group of all the individuals is able to achieve the common desired objective of the organization.
So all the departments of the organisation work as a group.
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