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Mrinalini a home science graduate from …

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Mrinalini a home science graduate from a reputed college has recently done a cookery course. She wished to start her own venture with a goal to provide ‘health food’ at a reasonable price. She discussed her idea with her teacher who encouraged her. After analyzing various options for starting her business venture, they shortlisted the option to sell ready-made and ‘ready to make’ vegetable shakes and sattu milk shakes. Then they weighed both pros and cons of both the shortlisted options. a. Name the function of management being discussed above and explain its characteristics. b. Also briefly discuss the limitations of the function discussed.

Posted by Subham Singh 4 years, 2 months ago

CBSE > Class 12 > Business Studies

2 answers

Aditi Chaudhary 4 years, 2 months ago

Planning is the function.. Characterstic- 1.pervasive 2. Continuous process 3.forward looking 4 .falcitate grp activity 5.mental exercise 6.primary function Limitation- 1. require huge cost 2 not suitable for dynamic env. 3. Lack of accuracy 4.reduce creativity 5.time consuming

Prince Shishodia 4 years, 2 months ago

Planning is the function..highlighted in the above case study.. For its characteristics, and limitations please move to the NCERT book.

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