Mr. Ankur Tripathi and some of …

Mr. Ankur Tripathi and some of his friends after completing MBA established a company under the name and title of 'Rashtriyahit Limited'. The company manufactured LED Bulbs. It was the keen desire of Mr. Tripathi true to the name of his company. In order to achieve his main objective, he concentrated on these points: to make employment opportunity available, to protect the environment from pollution and to sell good quality products at reasonable price. To begin with Mr. Tripathi and his friends concentrated on price fixation. For this purpose they tried to find out as to what would be the labour cost per unit. They also wanted to know about the number of labourers that would be needed to achieve a given target of production. In order to well organize their company they formulated some rules. it was absolutely essential for each and every company to stick to these rules. It was also notified that those persons who gave suggestions regarding better performance of the company will be given a hearty welcome. Identify and give meaning of the following facts mentioned in the above paragraph by quoting the lines. a) Any single point regarding importance of management. b) One technique of scientific management. c) Two principles given by Henry Fayol.

The top officials of a country’s Government held a meeting in order to speed up the business growth. In the meeting it was decided that there was a need for granting several exemptions to the Business Units already established. Similiarly ,they felt that with a view to setting up new Business Units the young men needed to be encouraged. Also it was emphasized in the meeting that the entry of Multinational companies needed to be simplified. Besides, priority was given to relaxing restrictions imposed on Import Business. The main reason for the Government to think like this was to speed up the economic growth. Identify the likely impact of the Government’s policy on business described in the paragraph given above.

Relo Ltd. is laptop manufacturing company. The company decides to enter into refrigerator manufacturing industry. The compathahasa committed top management. It knows that there are various challenges in the market where its decisions regarding the new industry might fail Still the top management doesn't want to waste a lot of resources on its plans. It knows that sometimes plans take more time in making than getting implemented. However, the company wants to proceed with a positive approach. It has decided to study all the aspects of its competitors, to set all its objectives and to allocate the required resources. The company did well in its previous business. At that time, they took planning very seriously as they knew everything the company would do had to be based on concrete plans. The company will start its operations from next month. Q. (i) Identify and explain the function of management that has been discussed in the above case? (ii) Identify and explain the limitations of the function identified in above (i)

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Identify the marketing management philosophy adopted in the following cases: Chanda, a note-book manufacturer for students, decided to maximize her profit by producing and distributing at large scale and thereby reducing the average cost of production. Indira, a dealer of refrigerators decided to maximize her profits by using different promotional efforts in an aggressive way. Shikha surveyed the market and found that customers need lemon based cold drinks in summers. She decided to produce lemon-masala cold drinks in the market.

2. Hero Ltd.’s target is to produce 10,000 shirts per month at a cost of ₹ 150 per shirt. The Production Manager was able to produce 10,000 shirts at a cost of ₹ 140 per shirt but not within the stipulated time. As a result, there was loss of revenue. In this case the Production Manager is: a. effective but not efficient b. efficient but not effective c. Neither effective nor efficient d. All of these

Henri fayol ke principles workplace par Kitne apply ho rahi hai ya Nahi Hai

Although internal recruitment many benefits still business refers external recruitment why?give 3 reasons