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Henri Fayol ke 14 principles of management, aaj ke workplace mein kuch hat tak applicable hain, lekin kuch principles ab modern management practices ke saath evolve ho gaye hain. Fayol ke principles aur unki applicability ka ek overview yeh hai: 1. **Division of Work** - Yeh principle ab bhi relevant hai kyunki specialization productivity aur efficiency badhati hai. 2. **Authority and Responsibility** - Authority aur responsibility ka balance aaj bhi zaroori hai, lekin modern workplaces mein collaborative aur inclusive leadership pe bhi focus hota hai. 3. **Discipline** - Discipline ab bhi important hai, par modern approaches mein self-discipline aur mutual respect ko zyada emphasis milta hai. 4. **Unity of Command** - Clear reporting structure important hai, lekin matrix organizations mein multiple reporting lines common ho gayi hain. 5. **Unity of Direction** - Aligned goals aur direction ab bhi crucial hain for achieving organizational objectives. 6. **Subordination of Individual Interests to General Interest** - Team goals ko individual goals se upar rakhna ab bhi important hai. 7. **Remuneration** - Fair compensation ab bhi employee motivation aur satisfaction ke liye zaroori hai. 8. **Centralization** - Decision-making power ka balance zaroori hai, aur decentralization trend ab zyada hai to empower employees. 9. **Scalar Chain** - Hierarchical communication ab bhi relevant hai, lekin flat structures aur open communication channels bhi common hain. 10. **Order** - Resources aur people ko organized way mein manage karna ab bhi zaroori hai. 11. **Equity** - Fairness aur justice important hai for maintaining a positive work environment. 12. **Stability of Tenure of Personnel** - Employee retention aur stability ab bhi critical factors hain. 13. **Initiative** - Employee initiative aur innovation ko encourage karna important hai for growth and competitiveness. 14. **Esprit de Corps** - Team spirit aur collaboration ab bhi crucial hain for organizational success. To summarize, Fayol ke principles ab bhi workplace mein various degrees pe apply hote hain, lekin unhe adapt kiya gaya hai modern management practices aur organizational needs ke hisaab se.

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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

Posted by Saku Shar 1 year, 3 months ago

CBSE > Class 12 > Business Studies

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Deepankar Sen 1 year, 3 months ago

B efficient but not effective

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Mohan always

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CBSE > Class 12 > Business Studies

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In an atom to cope with Reliance use on laugh in 2018 market leader Bharti Airtel has refresh its 149 prepaid plan to officer 2GB of CG and 4G data for day twice the amount is offered earlier name the type of highlighted in the given example state its three dimension also

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CBSE > Class 12 > Business Studies

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Sacred Heart School organised an inter school commerce fest

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CBSE > Class 12 > Business Studies

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Change in market value of shares due to change in political environment , policies of various countries, crises in developed countries or any other reasons

Posted by Zaraki 5683 1 year, 3 months ago

CBSE > Class 12 > Business Studies

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Mr Thunder 1 year, 3 months ago

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We do not sell on credit This statement is related to which plan .explain

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What is delibrate function in Hindi

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CBSE > Class 12 > Business Studies

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Naina Gupta 1 year, 3 months ago

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Marketing project on shampoo class 12 business studies

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How can prepare business studies for compartment exam

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Muskan Bhardwaj 1 year, 3 months ago

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Mr Thunder 1 year, 3 months ago

1. Know the syllabus. 2. Focus on weak areas. 3. Plan a study schedule. 4. Use textbooks and resources. 5. Practice previous papers. 6. Solve practice questions. 7. Ask for help if needed. 8. Use visual aids. 9. Revise regularly. 10. Stay calm and confident. Keep it simple, stay focused, and put in consistent effort. Good luck!

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Chandrika Bhattacharya is working in olax Ltd., a company manufacturing room heaters. She is responsible for all the activities of the business and for its impact on the society.Her jobdemands long hours and commitment to the organisation. (a) identify the level at which Chandrika Bhattacharya is working. (b) state three more functions required to be performed by Chandrika Bhattacharya at this level.

Posted by Divya Sharma 1 year, 3 months ago

CBSE > Class 12 > Business Studies

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Mr Thunder 1 year, 3 months ago

(a) Chandrika Bhattacharya is working at the middle management level. (b) Three more functions required to be performed by Chandrika Bhattacharya at this level could include: 1. Strategic Planning: Chandrika needs to develop and implement strategic plans to ensure the long-term success and growth of Olax Ltd. She must analyze market trends, competitor strategies, and customer needs to formulate effective business strategies. 2. Supervision and Coordination: Chandrika is responsible for supervising and coordinating the activities of various departments within Olax Ltd. She must ensure that all departments work cohesively towards achieving the company's goals and objectives. 3. Stakeholder Management: Chandrika needs to effectively manage relationships with stakeholders such as employees, customers, suppliers, and the community. She must address their concerns, communicate company policies, and maintain positive relationships to ensure the company's reputation and goodwill.

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Project marketing mangaement on jam

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Harshita Choudhary 1 year, 3 months ago

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Marketing management on jam

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CBSE > Class 12 > Business Studies

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On 8 November 2016, the Government of India announced the demonetisation making all Rs.500 and Rs. 1,000 banknotes of the Mahatma Gandhi Series invalid past midnight. The government claimed that the action would curtail the use of illicit and counterfeit cash to fund illegal activity and terrorism. The BSE SENSEX and NIFTY 50 stock indices fell over 6 percent on the day after the announcement. The decision was heavily criticised by members of the opposition parties, leading to debates in both houses of parliament and triggering organised protests against the government in several places across India. People seeking to exchange their bank notes had to stand in lengthy queues, and several deaths were linked to the inconveniences caused due to the rush to exchange cash. After demonetisation the demand for point of sales (POS) or card swipe machines has increased. E-payment options like PayTM has also seen a rise. In context of the above case: 1. Identify and explain the various dimensions of business environment which relate to the above mentioned case. 2. List any through two values that the government seeks to promote through demonetisation. I

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CBSE > Class 12 > Business Studies

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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.

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CBSE > Class 12 > Business Studies

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Mr. Ajay Sharma has been working as Production Manager in Bhushan Steel Limited since 2000. At which level of management is he working. State any three functions performed by him.

Posted by Nishi Valecha 1 year, 4 months ago

CBSE > Class 12 > Business Studies

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Anushka Varshney 1 year, 4 months ago

Middle level management Three function:- 1- implemented policies and plan which is made by top level management 2-To ensure recruit of employers 3-motivate employers

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Pardeep Kaur 1 year, 4 months ago

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Chapter 1 notes

Posted by Sumit Bishnoi 1 year, 5 months ago

CBSE > Class 12 > Business Studies

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The management of amaraya Ltd strongly believe that the member of the organisation should work to works full film and of the common organisational goal this requires teamwork and integration of effort of all individuals department and specialist this is because all the invisible and department depend on each other for information and resources to perform their respect activities manager need to reconcile differences in approach timing effort and interest at the same time it should be enable all its member to grow and develope d does there is a need to harmonies in visual golf and organisational goals (A) State the concept of management discussed above. (B) State any three features of the concept and antified in above paragraph.

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State the basic features of management as a profession give me in detail answer

Posted by Lavina Makhijani 1 year, 5 months ago

CBSE > Class 12 > Business Studies

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Management is the life giving element in every business without it the resources of production remain resources and shall never become production comment.

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Hema is one of the most successful manager of her company

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who is perponshile to provide and environment for individuals working in the enterprise to accomplish goals effectively?

Posted by Nafila Nafila 1 year, 5 months ago

CBSE > Class 12 > Business Studies

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Jaidevi Bhatt 1 year, 5 months ago

Top level management

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Vishal Garment Itd. has shirts at production manager a target to produce 10,000 a cost of ₹150 per shirt. The production manager could achieve this target at a cost of ₹150 per shirt. Do you think the production manager is effective ? Give reasons for your answer.

Posted by Ayusi Das 1 year, 5 months ago

CBSE > Class 12 > Business Studies

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Jaidevi Bhatt 1 year, 4 months ago

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Anything minus management is nothing ,what this statement tell?

Posted by Sanjana Sood 1 year, 5 months ago

CBSE > Class 12 > Business Studies

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Jaidevi Bhatt 1 year, 4 months ago

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Mr. Ajay Sharma has been working as Production Manager in Bhushan Steel Limited since 2000. At which level of management is he working. State any three functions performed by him.

Posted by Bhagirath Vadhel 1 year, 5 months ago

CBSE > Class 12 > Business Studies