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Balram Thakur 9 months, 3 weeks ago

I need project
ABCD Inc. is a company which deals with providing car service at home and on road. There are different departments in this company like Human Resources, Marketing, Finance, Research & Development and Operations. The top management of the company tries its level best to synchronize the activities of different departments in the best possible manner. The result is the increased efficiency and attainment of goals. However with the passing of time the size of the company has grown and now there are many branches of this company. The synchronization has turned more important with the increase in the size of the company and the number of employees. The Departmental Heads of the company are specialists in their respective areas and the top management tries to work with them not with authority but by respecting their views on the subject. Their ego clashes are avoided to ensure smooth functioning of the organization. Identify the concept of management highlighted above. Write and explain two benefits highlighted in the above paragraph of this concept.
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Anurag Singh 10 months ago

Coordination Benefits in Management  myCBSEguide myCBSEguide No products in the cart. Homework Help CBSE Class 12 Business Studies ABCD Inc. is a company which … CBSE, JEE, NEET, CUET CBSE, JEE, NEET, CUET Question Bank, Mock Tests, Exam Papers NCERT Solutions, Sample Papers, Notes, Videos ABCD Inc. is a company which deals with providing car service at home and on road. There are different departments in this company like Human Resources, Marketing, Finance, Research & Development and Operations. The top management of the company tries its level best to synchronize the activities of different departments in the best possible manner. The result is the increased efficiency and attainment of goals. However with the passing of time the size of the company has grown and now there are many branches of this company. The synchronization has turned more important with the increase in the size of the company and the number of employees. The Departmental Heads of the company are specialists in their respective areas and the top management tries to work with them not with authority but by respecting their views on the subject. Their ego clashes are avoided to ensure smooth functioning of the organization. Identify the concept of management highlighted above. Write and explain two benefits highlighted in the above paragraph of this concept. ChatGPT The concept of management highlighted in the given paragraph is "Coordination." Coordination is the process of synchronizing and integrating the activities of different departments and individuals within an organization to ensure the achievement of common goals. It involves harmonizing the efforts and resources of various parts of the organization towards a unified direction. Two benefits highlighted in the paragraph regarding the concept of coordination are: Increased efficiency: The synchronization of activities through coordination helps in improving the overall efficiency of the organization. By aligning the efforts of different departments, resources can be utilized optimally, duplication of work can be minimized, and conflicts or redundancies can be avoided. This leads to better utilization of time, effort, and resources, ultimately enhancing the productivity and efficiency of the organization. Attainment of goals: Effective coordination enables the organization to achieve its goals more effectively. When different departments work together in a coordinated manner, they complement each other's efforts and contribute towards the overall success of the organization. Coordination ensures that the efforts of individual departments are aligned with the broader organizational objectives, resulting in a cohesive and focused approach towards goal attainment. It helps in avoiding conflicts and promoting a collaborative work environment, where everyone is working towards a common vision. Overall, coordination plays a crucial role in managing the interdependencies among different departments and individuals, facilitating efficient operations and goal achievement in a growing organization like ABCD Inc.
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Pallvi Bawa 10 months ago

Marketing management file
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Archana Kumari Singh 10 months, 1 week ago

5. Identify the dimensions of business environment from following statements: 1. Equal Pay for equal work for male and female workers 2. TTThe court passed an order to seal the manufacturing unit of the company as it was dumping its untreated poisonous waste on the river bank which has created many health problems for the people. 3. A situation of political unrest erodes confidence of the investors and thereby, makes it difficult for the enterprises to function smoothly. 4. An Indian car company launched a car in Germany under the brand name ‘Soft Mist’. But after a short while the car had to be withdrawn despite its outstanding features and reasonable price. After a lot of research it was found that the lack of demand for the car was because of its brand name, as the word ‘mist’ meant cow dung in the local language. 5. Demand of sweet increases on various occasions in India like Diwali , Bhai Dhuj etc. 6.. Philips, a company manufacturing light bulbs incurred heavy expenditure on scientific Research and Development and discovered a technology that made it possible to produce an energy efficient light bulb that lasts at least 20 times as long as a Standard bulb

Amrit Kumar 10 months, 1 week ago

The term ‘business environment’ means the sum total of all individuals, institutions and other forces that are outside the control of a business enterprise but that may affect its performance
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Amrit Kumar 10 months, 1 week ago

Business environment is the sum total of all the forces/factors external to a business firm.
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Aabha Mahajan 10 months, 3 weeks ago

No these aren't

Simran Jeet Kaur 10 months, 3 weeks ago

Political, economic, social,legal, technological
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Amrit Kumar 10 months, 1 week ago

What is marketing project management? Marketing project management is a methodology used to keep marketing campaigns on track and stakeholders informed throughout the project lifecycle. It provides clarity among teams, keeps your projects within scope, and helps you meet customer
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Purnendra Tiwari 8 months, 2 weeks ago

Management is a dynamic

Paras Nath Gupta 11 months, 1 week ago

Management is goal oriented process . Management is Dynamic function.
How
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