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According to fayol discipline means sincerity about the work and enterprise,carrying out orders and instructions of superior ,to have faith in policies and programmes of business enterprise .A well disciplined working force is essential for improving the quality and quantity of production Consequences of violation: 1.disorder ,confusion and chaos. 2.wastage of resources. 3.delay in work.

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Karan Varshney 5 years, 5 months ago

Principle of discipline being violated here

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Satyam Ltd. manufactures curtain cloth. Noticing its popularity in the market, the company decided to manufacture bedsheets also. The decision was executed with immediate effect. But the company did not increase the work force to the desired extent. The company wanted the existing staff to manage the work for sometime, by working overtime. The result was that on the one hand, the new product of the company failed to keep its hold on the market and on the other hand due to over work efficiency of the employees declined. On several occasions it was observed that a subordinate was getting instructions from two or more managers. Managers too had started giving simple and easy work to their know employees and complex and difficult work to other employees. The company was now ignoring rules completely . Identify and state those three principles of management that have been ignored in the above case by quoting the lines.

Posted by Geetha Unnithan 5 years, 5 months ago

CBSE > Class 12 > Business Studies

1 answers

Keegan Dsilva 5 years, 5 months ago

Unity of command(subordinate was observed getting instruction from more than one managers) Equity(simple task were given to their known employees and complex to different) Discipline (the company started ignoring rules and regulation )

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Meaningful explanation of economic environment

Posted by Sanyam Bhandari 5 years, 5 months ago

CBSE > Class 12 > Business Studies

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ANSWER

Q. In ABC Ltd., the purchase department purchased 20 tonnes of raw material for production department. Although only 15 tones was needed by production department. Due to this, goods were overproduced and were not accepted by sales department. As a result,some goods remained unsold. Which aspect of management is lacking among various departments. Give any 2 importance of the above asked element.

Posted by Maanvi Chouhan? 5 years, 5 months ago

CBSE > Class 12 > Business Studies

1 answers

Pooja Agarwal 2 years, 6 months ago

Coordination Write its importance

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ANSWER

Project work on principles of management

Posted by Arun Sehrawat 5 years, 5 months ago

CBSE > Class 12 > Business Studies

1 answers

Sia ? 5 years, 5 months ago

The importance of management principles can be understood by considering the following points:

They help in providing useful insight to manage: Principles of management help in increasing managerial efficiency by adding to their knowledge and ability to understand the various situations more objectively. In simple terms, they act as a guide to overcome the situational hindrances.
Optimum Utilization of Resources and effective administration: Management principles help in organizing various activities in such a way that results in the elimination of unwanted activities and consequent wastage In short, overlapping of work.. Management principles help in managing organizations effectively. For example, Unity of Command helps to avoid confusion and conflicts Unity of Direction ensures unity of actions to facilitate coordination.
Scientific decisions: They help the managers in taking the decisions based on the objective assessment of a situation. Thus decisions taken are logical and free from any bias and prejudice. Moreover they are firm decisions and are not based upon intuitions.
Meeting changing environment requirements: Though the principles are only guidelines for action yet they can be modified according to the need of changing situations. Thus principles of management help in meeting changing requirements of the environment. Thus, it is truly said that Management principles are flexible in nature.
Fulfilling social responsibilities: Principles of management have been devised in such a way that they help in fulfilling social responsibilities. for instance, the Principle of esprit de corps states that there should be harmony in action which brings a sense of respect and recognition for each other among the workers.
Management training, education and research: Principles of management are the fulcrum of management theory so that they are used as a basis for management training, education and research. Depending upon the past mistakes, the principles are modified according to the present situation.

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The general manager of a delhi wood pvt ltd. is called the meeting of the production manager and sale manager both of his company. He explained to them that both of of these departments are the base of the company's success. Therefore, it is a very necessary for a both of them to work with the coordination. Also, they were told that whatever decision that took for their respective departments; which could affect others, they must give its information to them immediately. They did the same. As a result of this,there never a arose a situation in the company, when the sales orders couldn't be compiled with because of the shortage of a goods. Identify the importance of a coordination in the paragraph given above.

Posted by Hardeep Kaur 5 years, 5 months ago

CBSE > Class 12 > Business Studies

2 answers

Hardeep Kaur 5 years, 5 months ago

Feature ha je toh

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Pooja Agarwal 5 years, 5 months ago

Coordination ensures Unity of Action

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ANSWER

Two big banner movies were schedule to be released on the same date.on the last movement release of one of the movies had to be a postponed due to opposition of a group of people due to some and unethical content related to their religion was shown in that movie.The other movie released on time and made huge profit as there was no competition and movie which was postponed suffering loss. Which feature of a business environment is highlighted here?

Posted by Hardeep Kaur 5 years, 5 months ago

CBSE > Class 12 > Business Studies

1 answers

Aradhya Agarwal 5 years, 5 months ago

Inter relative

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The management of ABC ltd.set up Diya target of a selling 10000 units per week and made all their a plan based on this target. But due to change in a technology adapt by a competitors who reduce their cost, the abc ltd. Could not achieve their target . Identify the limitation of a planning discussed in the above para.

Posted by Hardeep Kaur 5 years, 5 months ago

CBSE > Class 12 > Business Studies

1 answers

Aradhya Agarwal 5 years, 5 months ago

Planning is dynamic

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ANSWER

Can we use geetha publication house subash dey for business studies

Posted by Kaviya Darshini 5 years, 5 months ago

CBSE > Class 12 > Business Studies

2 answers

Sivagiri Sivagiri 5 years, 5 months ago

Yes. But i think ncert is too boring yaar. It's good to give a reading just

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D J 5 years, 5 months ago

U can bt ncert is best.. ??

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ANSWER

Ncert is important for bst? Or can I study from reference book?

Posted by Shaily Jain 5 years, 5 months ago

CBSE > Class 12 > Business Studies

1 answers

D J 5 years, 5 months ago

Yes ncert is important ?

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ANSWER

Differentiate between delegation and decentralision

Posted by Chahat Dudeja 5 years, 5 months ago

CBSE > Class 12 > Business Studies

0 answers

ANSWER

Case studies for ch 1 to 4 bst

Posted by Scaria Philp 5 years, 5 months ago

CBSE > Class 12 > Business Studies

2 answers

Scaria Philp 5 years, 4 months ago

What is your answer actually

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Geetha Unnithan 5 years, 5 months ago

case studies of ch 2 bst

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ANSWER

The manager of Beta Ltd. Is very efficient and effective and makes sure that all the employers and worker sin tge team performs the task on time with minimum cost. His main focus is on cost reduction. So ht never listen to demand of workers for increasing wages. He even gives no opportunity to workers for promotion. As a result workers started becoming frustrated and disheartened all the time. Which objective of management could not be achieved by the manager

Posted by Scaria Philp 5 years, 5 months ago

CBSE > Class 12 > Business Studies

3 answers

Keegan Dsilva 5 years, 5 months ago

It's personal objective as more opportunities for growth and development must be given and meeting the financial needs like salary and perk must be provided

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Aradhya Agarwal 5 years, 5 months ago

Social objective

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Harkaran Singh 5 years, 5 months ago

The manager could not achieve personal objectives of the organisation

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ANSWER

Explain critical point control and management exception .Also State their two advantages

Posted by Scaria Philp 5 years, 5 months ago

CBSE > Class 12 > Business Studies

1 answers

Gaurav Seth 5 years, 5 months ago

Critical point control

Not an economical and easy to have a control on each activity. So it focus on key result areas which is critical points to an organisation
Take control of KRAs which are critical for an organisation

Three benefits of the principle of critical point control are as follows:
(i) It helps in saving time, and thus manager can focus on other relevant issues.
(ii) It helps in analyzing the key areas, which have a direct impact on the whole organisation.
(iii) It enables a manager to focus on Key Result Areas and correct deviations.

Management by Exception

Principle management control based on the belief of attempting to control which is not in control of an organisation
Take control only if there is significant deviations

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Differences between manager and leader

Posted by Shivam Pandey 5 years, 5 months ago

CBSE > Class 12 > Business Studies

1 answers

Sia ? 5 years, 5 months ago

1. Leaders create a vision, managers create goals.

2. Leaders are change agents, managers maintain the status quo.

3. Leaders are unique, managers copy.

4. Leaders take risks, managers control risk .

5. Leaders are in it for the long haul, managers think short-term.

6. Leaders grow personally, managers rely on existing, proven skills.

7. Leaders build relationships, managers build systems and processes.

8. Leaders coach, managers direct.

9. Leaders create fans, managers have employees.

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ANSWER

Explain the process of management

Posted by Salma Firdous 5 years, 5 months ago

CBSE > Class 12 > Business Studies

1 answers

Sia ? 5 years, 5 months ago

Management includes various steps such as planning, organising, staffing, directing and controlling. As in a process we have to work in a systematic way. This process begins with those at the top of the organization they start planning and organising and done staffing, directing and controlling at almost every level of the organisation. These steps are interconnected with each other and help to achieve organisational goals in an effective and efficient manner. That is why management is known as the process of employing and organising resources to accomplish predetermined objectives.

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How Liberlisation, privitisation, Globalisation policy has been to increase the role of private sector in Indian economy

Posted by Kumar Shivam 5 years, 5 months ago

CBSE > Class 12 > Business Studies