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Josh limited is a one of the largest two wheeler manufacturer in India. It has a market share of about 42% in the two wheelers category. The company had witnessed almost 35% drop in the booking as the currency crunch was prompting people to withhold new purchases due to demonetisation. Therefore, the production manager of the company had decided to align production to factor in slow sales in the market. Identify the function of management being discussed in the above lines.

Posted by Sudhanshu Tomar 5 years, 1 month ago

CBSE > Class 12 > Business Studies

2 answers

Dhrumil Mehta 4 years, 9 months ago

Planning is the function of management which is being discussed in the above lines. Planning is deciding in advance what to do, how to do, when to do and who has to do it. Thus, it involves setting objectives and developing an appropriate course of action to achieve these objectives. The production manager is trying to overcome the following limitations of planning: Rigidity Planning may not work in dynamic environment

Gaurav Seth 5 years, 1 month ago

Planning is the function of management which is being discussed in the above lines.
Planning is deciding in advance what to do, how to do, when to do and who has to do it. Thus, it involves setting objectives and developing an appropriate course of action to achieve these objectives.

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