Robin is working as the CEO of Jargon Ltd. Robin wants that its company should earn revenue
which could cover its cost as well as risk of the business. The company is having shortage of two
employees as some of its employees have retired. Company wanted to have a reliable person so
CEO has told some of his employees to suggest someone who is known to them.
(i)Identify the objective of management highlighted above.
(ii)Name two steps of one of the functions of management which are followed by CEO of this
company.
(iii)Also suggest the next two steps which are required by CEO in the above function of
management.
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Answer:
Viktoria began their discussion by reporting, “I have good and bad news. The bad news is that our first pro- totype failed its tests miserably. The good news is that I have a smart project manager. She knew this could happen, s
Explanation:
For example- if A is the CEO of an organisation and he has two paths of authorities under him. One, A-B-C and the other A-D-E. Everybody in the organisation follows this chain of authority for communication. For example, If …
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