MANAGEMENT AND ITS SIGNIFICANCE

Gold Land Pvt. Ltd. is a wheat producing company. Daily 5000 bags of wheat weighing 10 kg each are produced here. In comparison to the previous year there has been less number of bags produced on a per day basis. The number is around 4500 which is less than the target of 5000 set by the company. The company however has been able to reduce the costs involved in comparison to last year’s spending on the production and packaging of each bag. The quality of bags has also been up to the mark.

Identify the concept of management ignored here.

• COORDINATION

• EFFECTIVENESS

• COOPERATION

• EFFICIENCY

Dheerj is working as ‘Operations Manager’ in Tifco Ltd. Name the managerial level at which he is working. State any four functions he will perform as ‘Operations Manager’ in this company.

• TOP LEVEL

• OPERATIONAL LEVEL

• MIDDLE LEVEL

• SUPERVISORY LEVEL

To meet the objectives of the firm, the management of Bhavya Ltd. offers employment to physically challenged persons. Identify the organizational objective it is trying to achieve.

• ECONOMIC OBJECTIVE: GROWTH

• ECONOMIC OBJECTIVE: PROFIT

• SOCIAL OBJECTIVE

• PERSONAL OBJECTIVE

Sonali is the manager of a large company manufacturing garments for kids. She plans her winter collection in the month of August itself. Then, she ensures that there is adequate workforce. She continuously monitors whether production is proceeding according to plans. She asks the marketing department to prepare their promotional and advertising campaigns also. Identify concept of management explained in the above para

• MANAGEMENT

• PLANNING

• COOPERATION

• Coordination

Sridhar’s father is working as a section in-charge in a government office. Identify the level of management at which he is working?

• TOP LEVEL

• MIDDLE LEVEL

• SUPERVISORY LEVEL

Bhuvan argues that management is required in all kinds of organizations where as Piyush feels that management is not required in non-business organizations such as school, club, hospitals, etc. who is correct and why?

‘Sonu Nigam’ the famous playback singer always spends time for practice and adds his creativity in his singing. Like Sonu Nigam, Mr. Rajiv, manager of Headlines Ltd. uses his creativity and practice management principles under different situations to manage the business. The employees are happy and satisfied as he every day reward employees for their punctuality and efficiency. Identify the nature of management highlighted above

• profession

• science

• art

Management of Alpha Ltd. has installed a special recycling plant to recycle the waste instead of dumping the waste in ground. It is also providing employment opportunities to local residents. Company started a school nearby for the children of their employees. Identify the objectives company is fulfilling.

• social

• personal

• economic

• social and personal

A group of people believes that management is a systematic body of knowledge that explain certain general truth and is based on logical observation. Identify and the nature of management discussed in above case

• Management as an art

• Management as profession

• Management as a Science

Unique enterprises is able to achieve the target production of 5,000 units within the prescribed time; however to achieve this target they hired extra workers on adhoc and spent around is 40,000 extra to pay the adhoc workers sot that target production can be achieved on time. Do you think unique enterprise is effective or efficient?