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Aman Chadha Started 'Bulls Eye' a Company for Providing Cyber Security Solutions To Businesses Identify and Briefly Explain the Concept Used by Aman Chadha in the Above Case Which Helped Him in Focusing on Objectives. Also, State Any Four Points of Importance of the Concept Identified in (I) Above. - Business Studies

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Aman Chadha started 'Bulls Eye' a company for providing cyber security solutions to businesses. Its objective is to prevent, detect and respond to cyber attacks and protect critical data. He was a hardworking software engineer and an expert in cybersecurity. His reputation grew by leaps and bounds as he was not only a person of integrity but also did his work with utmost honesty and sincerity. The business started growing day by day.

He was delighted when he was offered a big project by the Ministry of Defence. While working on the project, he found that the volume of work made it impractical for him to handle all the work by himself. He decided to expand the team. The company maintained a close liaison with a local engineering college. During a campus placement, Ishan and Vrinda were appointed to work for the new project.

He found the new employees capable. Enthusiastic and trustworthy. Aman Chadha was thus, able to focus on objectives and with the help of Ishan and Vrinda, the project was completed on time. Not only this Aman Chadha was also able to extend his area of operations. On the other hand, Ishan and Vrinda also got opportunities to develop and exercise initiative.

1) Identify and briefly explain the concept used by Aman Chadha in the above case which helped him in focusing on objectives.

2) Also, state any four points of importance of the concept identified in (i) above.

Anoop Gaur started 'Cat's Eye', a company for providing cyber security solutions to businesses. Its objective is to prevent, detect, respond to cyber attacks and protect critical data. He was a hardworking software engineer and an expert in cybersecurity. His reputation grew by leaps and bounds as he was not only a person of integrity but also did his work with utmost honesty and sincerity. The business started growing day by day.
He was delighted when he was offered a big project by the Ministry of Science and Technology.
While working on the project he found that the volume of work made it impractical for him to
handle all the work by himself. Therefore, he decided to expand the team. The company maintained a close liaison with an engineering college in the State. During a campus placement,
Aarav and Pranshi were appointed to work on the new project.

He found the new employees capable, enthusiastic and trustworthy. Anoop Gaur was thus, able to focus on the objectives and with the help of Aarav and Pranshi, the project was completed on time. Not only this, Anoop Gaur was also able to extend his area of operations. On the other hand, Aarav and Pranshi also got opportunities to develop and exercise initiative.

1) Identify and explain briefly the concept by Anoop Gaur in the above case which helped him in focussing on the objectives

2) Also, explain any four points of importance of the concept identified in part (a).

Vinod Chandla started 'Sunshine Securities' a company providing cyber security solutions to businesses to prevent, detect and respond to cyber attacks and protect critical data. He was a hardworking software engineer and an expert in cybersecurity. His reputation grew by leaps and bounds as he was a person of integrity and did his work with utmost honesty and sincerity. The business started growing day-by-day. He was delighted when he was offered a big project by the Ministry of Corporate Affairs. While working on the project, he found that the volume of work made it impractical for him to handle all the work himself. He decided to expand his team. The company maintained a close liaison with a local engineering college. During a campus placement
Anishka and Kavya were appointed to work on the new project. He found the new employees capable, enthusiastic and trustworthy. Vinod Chandla was thus able to focus on objectives and with the help of Anishka and Kavya, the project was completed on time. Not only this Vinod Chandla was also able to extend his area of operations. Anishka and Kavya also got opportunities to develop and exercise initiative.

1) Identify and explain the concept used by Vinod Chandla in the above case which helped him in focussing on objectives.

2) Also, explain any three points of importance of the concept identified in part (a)

Solution 1

1) Delegation is used by Aman Chadha/Anoop Gaur. This helped him in focus on the objectives. Delegation refers to the act of transferring authority to lower levels in the hierarchy. For effective and smooth functioning, delegation is important for an organisation. Delegation helps in lowering the burden of top-level managers and thereby enables them to focus on other priority areas. Moreover, with the delegation, the area of operations can be easily extended.

2) Importance of delegation:

  • Managerial Efficiency: With delegation, the burden of the top managers gets reduced to a large extent. They can focus on priority areas (such as research and innovation) while the routine work is handled by subordinates independently. In this, the efficiency of managers is increased. 
  • Employee Proficiency: Delegation proves beneficial to subordinates as well in the sense that it provides them with the opportunity to work independently and apply their own creativity and skills. This helps in their growth and development.
  • Motivation: Delegation of authority proves psychologically beneficial to subordinates. It motivates them to work to the best of their efficiency. It helps in developing a feeling of trust and commitment between superior and subordinate.
  • Growth: With delegation, employee proficiency is increased. In other words, it helps in preparing future managers to take up leading positions and greater responsibilities. This supports the growth and expansion of the organisation
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Solution 2

1) Delegation is used by Aman Chadha. This helped him in focus on the objectives. Delegation refers to the act of transferring authority to lower levels in the hierarchy. For effective and smooth functioning, delegation is important for an organisation. Delegation helps in lowering the burden of top-level managers and thereby enables them to focus on other priority areas. Moreover, with the delegation, the area of operations can be easily extended.

2) Importance of delegation:

  • Managerial Efficiency: With delegation, the burden of the top managers gets reduced to a large extent. They can focus on priority areas (such as research and innovation) while the routine work is handled by subordinates independently. In this, the efficiency of managers is increased. 
  • Employee Proficiency: Delegation proves beneficial to subordinates as well in the sense that it provides them with the opportunity to work independently and apply their own creativity and skills. This helps in their growth and development.
  • Motivation: Delegation of authority proves psychologically beneficial to subordinates. It motivates them to work to the best of their efficiency. It helps in developing a feeling of trust and commitment between superior and subordinate.
  • Growth: With delegation, employee proficiency is increased. In other words, it helps in preparing future managers to take up leading positions and greater responsibilities. This supports the growth and expansion of the organisation
shaalaa.com
Consumer Protection Act 1986 (COPRA)
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2016-2017 (March) Delhi Set 1
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