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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.
APPEARS IN
संबंधित प्रश्न
Describe any four characteristics of 'co-ordination'.
State any three points of importance of planning function of management.
A company was manufacturing 'LED bulbs' which were in great demand. It was found that the target of producing 300 bulbs a day was not met by the employees. On analysis, it was found that the workers were not at fault. Due to electricity failure and a shortage of workers, the company was not able to achieve the set targets and alternative arrangements were needed. To meet the increased demand, the company assessed that approximately 88 additional workers were required out of which 8 would work as heads of different departments and 10 would work as subordinates under each head The required qualifications and job specifications were also enlisted. It was also decided that necessary relaxation should be given to encourage women, persons from backward and rural areas and persons with special abilities to assume responsible positions in the organisation. All efforts were made to match the ability of the applicants with the nature of work.
a. Identify the functions of management discussed above
b. State the two steps in the process of each function discussed in the above para.
c. List any two values which the company wants to communicate to the society
State the importance of co-ordinating.
Features of organizing?
Importance of total quality management.
The function of management which involves harmonization or balancing of group efforts.
Match the correct pairs :
| Group 'A' | Group 'B' | ||
| a | Planning | 1 | Individual Taste. |
| b | Organising | 2 | Directly related to Human Beings. |
| c | Staffing | 3 | Bridges the gap between where we are now and where we want to go. |
| d | Directing | 4 | All the people are employed |
| e | Controlling | 5 | Not directly related to Human Beings |
| 6 | Identify and Grouping the work to be performed. |
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| 7 | Corrective Action taking. | ||
| 8 | Right People at Right Jobs. | ||
| 9 | Taking action against employees. | ||
| 10 | Aims only at organizational Goals. |
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:
Staffing & Directing.
Nature of Co-ordinating.
Answer the following Question:
What do you mean by Staffing and give its importance?
Answer the following Question:
Why is Co-ordinating function important as a management function?
State with reasons whether the following statement is TRUE or FALSE :
Planning is of vital importance in the management process.
Match the following words from group 'A' and 'B'
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Group 'A'
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Group 'B'
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(a) Co - operative society
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(1) 1986
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(b) e- business
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(2) Primary function of management
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(c) Consumer protection act
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(3) Father of modern management
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(d) F.W. Taylor
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(4) 1956
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(e) Planning
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(5) Profit objective
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(6) Outsourcing
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(7) Father of scientific management
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(8) Electronic business
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(9) End function of management
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(10) Service objective
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Which is not a function of Management of the following?
‘Arrangement of various resources for achieving Target, under which function of management is this performed ______.
Under what function of management does the ‘corrective action’ fall?
Which of the following is true?
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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.
