Sunday, November 6, 2016

21.State the importance of directing function of management. 5

22. Mr. Nath, a recently appointed production manager of Suntech Ltd. has decided to produce jute bags instead of plastic bags as these are banned by the government. He set a target of producing 1000 jute bags a day. It was reported that the employees were not able to achieve the target. After analysis he found that employees were demotivated 5 and not putting in their best for achieving the target. Mr. Nath’s behavior is good towards the employees. His attitude is always positive. So he announced various incentive schemes for the employees like: 5  Installing award or certificate for best performance  Rewarding an employee for giving valuable suggestions  Congratulating the employees for good performance a) Identify the functions of management highlighted in the above paragraph. b) State the‘ incentive’ under which the employees are motivated. c) State any two values which the production manager wants to communicate to the society by his work and behaviour.

23. Explain the following principles of management given byFayol. 6a) Unity of command b) Order

24. It is necessary that goods and services must be made available to the customers at the right place, in the right quantity and at right time. 6 a) Name and explain the concerned element of Marketing Mix given above. b) Explain the components of this element

25. Tata International Ltd. earned a net profit of Rs.50 crores. Ankit the finance manager of Tata International Ltd. wants to decide how to appropriate these profits. Identify the decision that Ankit will have to take and also discuss any five factors which help him in taking this decision. 6

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