“Speedo Limited” is one of the largest two-wheeler manufacturer in India. It has a
market share of about 42% in the two-wheeler category. The company has witnessed almost
a 35% drop in the booking as the COVID-19 pandemic was prompting people to withhold new
purchases. Therefore, the production manager of the company has decided to align production
to factor in slower sales in the market.
In the context of above case:
a) Identify and explain the function of management being discussed in the above lines.
b) Identify and explain one of the important limitation of the above identified function
discussed in the above case.
c) Explain any four significance of above identified function.
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