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प्रश्न
“A successful enterprise has to achieve its goals effectively and efficiently.” Explain.
उत्तर
“A successful enterprise has to achieve its goals effectively and efficiently.” This statement is explained below:
• Management is the process of getting a task done with the aim of achieving the goals of the organization in an effective and efficient manner.
• The different functions of management are planning, organizing, staffing, directing and controlling.
• The term effective means completing the given task and efficient means completing the task with minimum cost and time.
• It is important for an organisation to be both effective and efficient in its working.
• Being effective implies that the goals are being achieved and being efficient means that the goals are being achieved with minimum cost. It leads to an increase in profit.
• Often a company has to compromise with either of the two.
• For example, a firm has set a goal to produce a thousand boxes of cookies in a month. But due to frequent power failure, the workers work on double shifts and extra wages are been given to achieve the target.
• In this case, the firm is effective but not efficient. So it is important to maintain a balance between the two.
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संबंधित प्रश्न
Describe any four characteristics of 'co-ordination'.
Isha Machines was a renowned name for quality sewing machines since 1960. Mr Suresh, the owner of Isha Machines, was worried as the production had declined during the last three months. He directed the Production Manager to find out the reason. The Production Manager ordered the different supervisors to prepare a performance report of the workers working under them.
Identify the step taken by the Production Manager that is related to one of the functions of management.
Features of organizing?
Staffing is concerned with _________.
Select the proper option from the options given below and rewrite the complete sentence :
Staffing is concerned with ________.
Write a word or a phrase or a term which can substitute the following :
The function of management, which identifies and divides the work of the organization.
Write a word or a phrase or a term which can substitute the following :
A function of management that ensures that actual activities match up to the planned activities.
Distinguish Between the following:
Planning & controlling.
State with reasons whether the following statement is TRUE or FALSE.
Co-ordination is the essence of management.
State with reasons whether the following statement is TRUE or FALSE :
Co-ordination is needed at all the levels of management.
A good manager synchronises all the activities of different departments through the process ______.
‘Thinking before doing’, under which function of management is this performed?
Under what function of management does the ‘corrective action’ fall?
Which of the following is a function of top level management?
______ is the process of converting encoded symbols of the sender.
"Management is a force that cannot be seen but its presence can be felt in the way the organisation functions."
Which feature has been explained in this statement of Management?
Which of the following input resources are required by management to complete a task effectively and efficiently:
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Asha is living in a small village in Rajasthan. Her mother has good culinary skills. Inspired by her mother she joined a course in 'Food and Beverages Production' in Jaipur. After completing her course she asked her mother to open a sweets shop in Jaipur, to which her mother agreed. The business was doing well and had started growing. To expand her business she felt the need for additional personnel. Instead of selecting personnel from any other source she thought of helping her relatives and appointed five of them. But after doing all their efforts she found that none of her relatives were providing satisfactory service leading to lower productivity. Also, the quality of the products started deteriorating. This made Asha realize that the ability of an organisation to achieve its goals depends upon the quality of its human resources. This was ignored by her at the time of selecting the personnel for her expansion of the program. |
- Identify and state the function of management which could have helped Asha at the time of fulfilling her need for additional personnel in the organisation.
- State any three benefits of the function identified in (a) above.
Name the function of management that acts as a means for translating plans into action.
