Vivo Mobile aims to produce 20000 mobile in 2017 To achieve this target Production department strives for timely production, finance department agreed for timely release of funds, purchase department agreed for timely supply of raw material and sales department agreed to take all possible steps to sell them. Due to combined efforts of the department company can achieve its target . (I) Which characteristic of management is highlighted in the above para ? (ii) Which importance of Management is highlighted here ? (iii) Which other aspects of Management help the Vivo Mobile Limited to achieve its objectives?
Answers
Answer:
Explanation:
i Management is a group activity - "finance department agreed for timely release of funds, purchase department agreed for timely supply of raw material and sales department agreed to take all possible steps to sell them"
ii Management helps in achieving group goals - "Vivo Mobile aims to produce 20000 mobile in 2017 To achieve this target"
iii Coordination - "Due to combined efforts of the department company can achieve its target ."
Vivo mobile represents various characteristics of management such as goal orientation, group activity etc.
Since the company is trying to achieve a certain target, it needs to adhere to various management techniques.
1. The characteristic of management highlighted is that it is a group activity.
The finance department agreed to the timely release of cash, the purchasing department agreed to the timely delivery of raw materials, and the sales department committed to taking all reasonable means to sell them.
2. The importance highlighted is the achievement of goals.
Management aids in the accomplishment of group objectives. The company plans to create 20,000 units. Every department such as production, and finance is working towards it.
3. The other aspect that can help is cooperation.
The company can attain its objectives due to the united efforts of all the departments.
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