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प्रश्न
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 revenues. After analysis, the company decided
1) to reduce the labour cost by shifting the manufacturing unit to a backward area where
labour was available at a very low rate.
2) 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.
b) State any two values which the company wanted to communicate to the society.
उत्तर
a) The objective of the management referred in the paragraph is 'organisational objective'. One of the important organisational objectives is to survive and exist in a competitive market for a long period. This becomes feasible only if the total income earned by an organisation should be able to cover the various costs incurred in its operation. Also, it must grow and expand their activities.
b) Two values conveyed by the organisation in this situation:
- Providing employment in backward areas of society
- Using environment-friendly methods of production
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संबंधित प्रश्न
How does management help in achieving personal objectives? State.
XYZ Power Ltd. set up a factory for manufacturing solar lanterns in a remote village as there was no reliable supply of electricity in rural areas. The revenue earned by the company was sufficient to cover the costs and the risks. The demand for lanterns was increasing day by day, so the company decided to increased production to generate higher sales. For this, they decided to employ people from the nearby villages as very few job opportunities were available in that area. The company also decided to open schools and crèches for the children of its employees.
- Identify and explain the objectives of management discussed above
- State any two values which the company wanted to communicate to the society.
Which is not an organisational/economic objective of management out of the following?
The following is not an objective of management.
People in the organisations carry out diverse tasks with the aim to achieve
Successful management ensures that
Which of the following is not an organisational objective of management?
Name the process of working with and through others to effectively achieve organisational objectives by efficiently using limited resources in a changing environment.
Name the process of working with and through others to effectively achieve organisational objectives by efficiently using limited resources in a changing environment.
______ is used extensively for all types of activities and mainly for taking charge of different activities in any enterprise?
