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How do the principle of scalar chain and unity of command help in solving the problems faster?

Posted by Suraj Shukla 5 years, 6 months ago

1 answers

Sia ? 5 years, 6 months ago

Scalar Chain: The line of authority from top management to the lowest ranks represents the scalar chain. Communications should follow this chain. However, if following the chain creates delays, cross-communications can be allowed if agreed upon by all parties and superiors are kept informed. Scalar chain clearly differentiates the authority and the job positions of the individuals in the organisation.

The Principle of “Unity of Command” is useful to the management because of the following reasons:

This Principle defines the authority-responsibility relationship between management and employees.
It helps in avoiding the dual subordination.
It ensures that orders and instructions issued to the workers are clear and precise.
It helps in preventing confusion and conflict regarding tasks to be done.
It helps in making a new employee aware of the job positions.
It brings more confidence among the employees to keep their interest ahead always.

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Importance of management

Posted by Sheetal Sharma 5 years, 6 months ago

CBSE > Class 12 > Business Studies

1 answers

Sia ? 5 years, 6 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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Objectives of planning

Posted by Atwal Jasveer Singh 5 years, 6 months ago

CBSE > Class 12 > Business Studies

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Rahim is working in an enterprise on daily wages basis.i was difficult for him to fulfill the bwsic need of his family his daughter fell ill he had no money for his daughter's treatment to meet the expenses of her trratment he participated

Posted by Bhupi Makkar 5 years, 6 months ago

CBSE > Class 12 > Business Studies

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Principles of business management

Posted by Malkeet Singh 5 years, 6 months ago

CBSE > Class 12 > Business Studies

2 answers

Atwal Jasveer Singh 5 years, 6 months ago

There are 14 principle given by fayol and 4 by taylor

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Malkeet Singh 5 years, 6 months ago

Principles of business management

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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 Aayush Bhartia 5 years, 6 months ago

CBSE > Class 12 > Business Studies

2 answers

Sheetal Sharma 5 years, 6 months ago

1 . She is working on top level management

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Krishty Rai 5 years, 6 months ago

a)She is working at top level management b) 1)Determining the objective of an enterprise 2)Framing plan and policies 3)Analysing business enviroment and its implication on the survival of an organisation

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Fayol's priciples are applicable at the top level management whereas taylor's principles are applicable at the shop level.comment.

Posted by Manoj Soni 5 years, 6 months ago

CBSE > Class 12 > Business Studies

1 answers

Aradhya Agarwal 5 years, 6 months ago

Yes

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Use of SWOT analysis in business environment

Posted by Kumar Shivam 5 years, 6 months ago

CBSE > Class 12 > Business Studies

1 answers

Anubhuti Srivastava 5 years, 6 months ago

If we introduce any new product to the market, then it is very much necessary to do the SWOT analysis. By doing this, we can easily say that its impact on business environment.

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What is bussines environment

Posted by Parth Srivastava 5 years, 6 months ago

CBSE > Class 12 > Business Studies

1 answers

Atwal Jasveer Singh 5 years, 6 months ago

The surroundings in which business exist

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State any four functions of operational management

Posted by Harsh Raj 5 years, 6 months ago

CBSE > Class 12 > Business Studies

0 answers

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Identify types business environment- 1. With the election of a new government the sensex drops by 1100 points.

Posted by Kumar Shivam 5 years, 6 months ago

CBSE > Class 12 > Business Studies

1 answers

Anubhuti Srivastava 5 years, 6 months ago

Economic environment

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I can't concentrate because of some family problems please help me .how can i concentrate on my studys??

Posted by Sweta Nath 5 years, 6 months ago

CBSE > Class 12 > Business Studies

4 answers

Nagasaki Ali 5 years, 6 months ago

For sometime forgot everything and become selfish till 12 exams

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Aradhya Agarwal 5 years, 6 months ago

Just do meditation.and find a silent place to study either u study at night.just be relaxed if you fill disturbed and then after rest interval come back with full stamina

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Karan Gr 5 years, 6 months ago

Study at night

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Shubham Dhiman 5 years, 6 months ago

I dont know this try or not but try on YouTube channel (new life) to concentrate

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As an oganisation growth in size and complexity,it becomes centralised or decentralised?why?

Posted by Varshita Alchoni 5 years, 6 months ago

CBSE > Class 12 > Business Studies

1 answers

Aman Aman 5 years, 6 months ago

Centralised

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demand of sarees is high in India but it is non existence in France which feature of business environment is represented by the above mentioned example

Posted by Ankit Singh 5 years, 6 months ago

CBSE > Class 12 > Business Studies

1 answers

Anubhuti Srivastava 5 years, 6 months ago

Social environment

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there was a time when a producer could produce anything and offers same for sales in the market but produce goods accordingly non compliance of the same may end up the form heavy losses which impact of government policy changes on business and industry is referred here

Posted by Ankit Singh 5 years, 6 months ago

CBSE > Class 12 > Business Studies

0 answers

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Defination of planing

Posted by Suraj Kumar 5 years, 6 months ago

CBSE > Class 12 > Business Studies

1 answers

Sia ? 5 years, 6 months ago

The control of urban development by a local government authority, from which a licence must be obtained to build a new property or change an existing one.

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Which book is good to study

Posted by Roshni Raut 5 years, 6 months ago

CBSE > Class 12 > Business Studies

3 answers

Tanya Jaiswal 5 years, 4 months ago

Latest edition 2019 sandeep garg with case studies book

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Amandeep Kaur 5 years, 6 months ago

According to me Punam gandhi is the best

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Suraj Kumar 5 years, 6 months ago

Subhash dey

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Project file marketing management product name business studies

Posted by Pooja Chaudhary 5 years, 6 months ago

CBSE > Class 12 > Business Studies

1 answers

Anubhuti Srivastava 5 years, 6 months ago

Take tropicana or any drink of your choice

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5. Narayana Computers Ltd. is a leading company in Computer Technology and IT services. The Chief Executive Officer of the company attributes the success of the company to its managerial team spirit, which have helped to handle rapid changes in technologies and to transform threats into opportunities. Like any other business enterprise profits are important for survival and growth of Narayana Computers Ltd. The management of the company believes that a satisfied employee creates a satisfied customer, who in turn creates profits that leads to satisfied shareholders. The company has a strong sense of social responsibility. It has set up many educational institutions in the field of management, engineering and computer education in which half of the students are girls On the basis of the given information about Narayana Computers Ltd. answer the following questions: (a) Identify and explain the objectives of the company discussed in the above para. Also quote the lines for the identified objectives (3 marks)

Posted by Om Agarwal 4 years, 2 months ago

CBSE > Class 12 > Business Studies

2 answers

Khushboo Sharma 4 years ago

answer

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Sandy Saini 4 years, 3 months ago

tera sir j aap likhna hunda thunu puchna c

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4. Aman, Ahmad and Ally are partners in a firm engaged in the distribution of dairy products in Maharashtra state. Aman is a holder of Senior Secondary School Certificate from Central Board of Secondary Education with Business Studies as one of his elective subjects. Ahmad had done his post graduation in History and Ally in dairy farming . One day there was a serious discussion between Ahmad and Ally regarding the nature of management, Ahmad argued that management was a profession. Whereas Ally argued against it saying that the legal and medical professions are the only professions because they fulfill all the conditions of profession. Aman on the basis of his knowledge of business studies explained the nature of management as a profession to Ahmad and Ally Explain, how Aman would have satisfied both Ahmad and Ally? ( 5 Marks)

Posted by Om Agarwal 5 years, 6 months ago

CBSE > Class 12 > Business Studies

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1. Mita has a successful ice cream business at Bikaner, namely 'Smart Flavours'. Her ice creams were utterly delicious. She makes ice cream from fresh milk and the same are available in a wide range of flavours and packs. She sets viable business objectives and works with the same in mind in order to ensure that the customers will come back for purchasing. Having the first mover advantage, her business was doing well. To earn higher profits, she started cutting costs. This would sometimes lead to delay in delivery and the ice creams was not reaching the market in time. Over a period of time, the demand for her ice-cream declined because of it the competitors entered the market. She lost some of her market share to competitors. At the beginning of summer season, she got back to back orders for supply of 4,000 ice-cream packs of different flavours for special occasions. To ensure that the task was completed and orders delivered in time she hired additional workers. She was thus able to produce and deliver the ice-cream packs but at a high production cost. While that she was ignoring one of the important aspects of management. Identify the aspects of management that has been ignored by Mita. Also explain the same with the help of an example. (3 marks)

Posted by Om Agarwal 5 years, 6 months ago

CBSE > Class 12 > Business Studies

1 answers

Sia ? 5 years, 6 months ago

The aspect of management that is being ignored is:
Strategy
How does your business compete in the industry? How can you create a competitive advantage? Are you able to adapt to a changing business environment? The ability to take a high-level, strategic view of a business is necessary to identify opportunities and to stay ahead of external forces such as new competition and changing consumer demand. In Strategic Management, you will learn how to develop a business strategy including analyzing the competition and identifying ways that your business can gain a competitive edge.

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2. Hema is one of the most successful managers of her company, 'kobe ltd,' She uses her creativity and initiative in handling challenging situations at work. The knowledge gained by her during her student days at a renowned management institute as well as through her observation and experience over the years is applied by Hema in a skillful mariner in the context of the realities of a given situation. She often reads books and other literature in various fields of management to keep her knowledge updated. (a) An aspect of the nature of management is being highlighted in the above description Identify the aspect. (b) Explain any three features of the aspect identified in part (a). (4 Marks)

Posted by Om Agarwal 5 years, 6 months ago

CBSE > Class 12 > Business Studies

1 answers

Ridhima Sharma 3 years, 5 months ago

(a)Aspect of the nature of mgt highlighted in the above is:- Mgt as an Art (b)Three Features are:- 1)Systematic body of knowledge 2)Personalised application 3)Based on practice & creativity {Explain these three points In 3-4lines}

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3. Mega Ltd.' was manufacturing water heaters. In the first year of its operations the revenue earned by the company was just sufficient to meet its costs. To increase the revenue, the company analysed the reasons of less revenue. After analysis the company decided: (i)To reduce the labour cost by shifting the manufacturing unit to a backward area where labour was available at a very low rate (ii) To start manufacturing solar water-heaters and reduce the production of electric water heaters slowly. This will not only help in covering the risks, but also help in meeting other objectives too. a)Identify and explain the objectives of management discussed above (4 Marks)

Posted by Om Agarwal 5 years, 6 months ago

CBSE > Class 12 > Business Studies

1 answers

Sia ? 5 years, 6 months ago

a) Mega Ltd is discussing about the achievement of ‘organisation objective’ in part (i) and ‘social objective’ in part (ii) of the question. Organisational objectives It refers to the goals for the benefit of all stakeholders such as employees, government, shareholders and investors.
Organisation objectives are:
(i) Survival When the organisation earns enough revenue to cover its cost.
(ii) Profit When the organisation earns enough revenue to cover costs and risks of the business.
(iii) Growth It implies growth in terms of sales, profit, number of workers, products produced and sold, etc.
Social objectives Since, business organisations are social units, their objectives should be in line with general needs of the society.
Some of the social objectives of an organisation are :
(i) Supply of quality products.
(ii) Using environmental friendly methods of production…
(iii) It should provide employment opportunities to the disadvantaged sections of society.
(b) Two values which the company wants to communicate to the society are:
(i) Promoting employment opportunities By providing employment to the people of backward area.
(ii) Environment friendly By producing solar heaters and reduce production of electric heaters

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I want help in bst project . Question and how much marks it carries ?

Posted by Aditi Baranwal 5 years, 6 months ago

CBSE > Class 12 > Business Studies

1 answers

Anubhuti Srivastava 5 years, 6 months ago

The project file carries 20 marks.

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There must be paternalistic style of management as in case of Japanese companies. Explain

Posted by Anjali Aggarwal 5 years, 6 months ago

CBSE > Class 12 > Business Studies

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Case problem - NCERT-CHAPTER1 1. Company X is facing a lot of problems these days. it manufactures white goods like washing machine, microwave oven,refrigerators and air conditioners. The company's margins are under pressure and the profits and market share are declining. The production department lanes marketing for not meeting sales targets and marketing blames Production department for producing goods, which are not of good quality meeting customers expectations. The Finance Department blame both production and marketing for declining return on investment and bad marketing. What quality of management Do you think the company is lacking?Explain briefly. What steps should the company management take to bring the company back on track?

Posted by Beena Sah 5 years, 6 months ago

CBSE > Class 12 > Business Studies

1 answers

Anubhuti Srivastava 5 years, 6 months ago

Coordination is missing in company X. Steps taken by the company management are:- • After the goals are established, it should be communicated to all departments in advance. • Management should ensure that departments should coordinate with each other. • Management should check the managers and workers are working at same direction. • Meetings should be organised between different departments to know each other view.

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Expain the functional foremanship ??

Posted by Aaru Yaduvanshi 5 years, 6 months ago

CBSE > Class 12 > Business Studies

2 answers

Aradhya Agarwal 5 years, 6 months ago

It is a extension of fayol principles of management of division of work.there are two department Planning departments Production department Planning department consist of four people Instructions card clerk Route clerk Time and cost sheet clerk Disciplinarian Production department consists of four people Repair boss Speed boss Gang boss Inspector Its a whole summary of the functional foreman ship. You just look forward to the book you study for their brief description.

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Anubhuti Srivastava 5 years, 6 months ago

Functional foremanship is a factory management technique that advocates for having multiple foremen in different, specialized roles. This technique is given by Frederick Winslow Taylor, functional foremanship calls for eight foremen in total; four in planning and four in production. The purpose of this technique was to keep an eye on the workmen by different foremen as they are experts in their field.

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Is bseb syllabus are based on cbse.I want to know about.

Posted by Nishant Nishant 5 years, 6 months ago

CBSE > Class 12 > Business Studies

1 answers

Ridhima A 5 years, 6 months ago

No, the syllabus of Bihar Board and CBSE Board are not same. They are completely different. As we know that CBSE syllabus is entirely different from any state syllabus in India. And there is no chance of having the same syllabus, for Bihar board and CBSE board. So, I can definitely tell you that the syllabus of Bihar Board and CBSE Board are different.

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Chapter 1 case problems

Posted by Beena Sah 5 years, 6 months ago

CBSE > Class 12 > Business Studies