Economy, asked by px90821, 8 months ago

Rajeev is the CEO of a bulb manufacturing company. The bulbs are manufactured according to the measures which are environment friendly causing minimum pollution. The company has shown indication to start five new plants. The employees are also happy as their salaries are good, they feel at home when they work in the company and they feel development every day as many new things can be learnt in the organizational climate. Everything works well for a company which has good human resources. Whenever due to some reason less number of employees are present the employees at work divide the whole work according to their numbers and don’t let the company face any shortage of work produced. The organization sets an example for all. The organization however has one drawback in the marketing department. The employees many a time don’t take any decision from their side with self -confidence. However the output of the department is good. This is mainly due to proper use of management knowledge of applying proper delegation that the work efforts are not wasted and all this is because of utilizing acquired experience. The company has a dark side in the sense that every year it gets notice from the Income tax department for paying less than required tax. (a) Which importance of management had been highlighted in the above case? (1) (b) Which need is being fulfilled by the company above? (1) (c) Which principle of Fayol is maintained here? (1)(d) Which principle of Fayol is violated above? (1) (e) Which significance of principle of management is highlighted here? (1)

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Answered by minakshigujar20676
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Answered by PranjalDeval
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Hey mate, your answer is with the attachment.

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