Ganga Foods Ltd is engaged in the business of food processing. It sells its product under a popular brand. Lately the business has been expanding due to good quality product and at reasonable prices.
Enumerate the environmental changes responsible for increase in sales
Ganga Foods Ltd is engaged in the business of food processing. It sells its product under a popular brand. Lately the business has been expanding due to good quality product and at reasonable prices.
Enumerate the environmental changes responsible for increase in sales
Enumerate the environmental changes responsible for increase in sales
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F Ltd was engaged in the business of food processing and selling its products under a popular brand. Lately, the business was expanding due to good quality and reasonable prices. Also with more people working, the market for processed food was increasing. New players were also coming to cash in on the new trend. In order to keep its market share in the short run, the company directed its existing workforce to work overtime. But this resulted in many problems. Due to increased pressure of work, the efficiency of the workers declined. Sometimes, the subordinates had to work for more than one superior resulting in declining efficiency. The divisions that were previously working on one product were also made to work on two or more products. This resulted in a lot of overlapping and wastage. The workers were becoming indisciplined. The spirit of teamwork, which had characterised the company previously, was beginning to wane. Workers were feeling cheated and initiative was declining. The quality of the products was beginning to decline and market share was on the verge of decrease. Actually, the company had implemented changes without creating the required infrastructure. Discuss the relevance of Taylor and Fayol's contribution in the contemporary business environment.
F Ltd was engaged in the business of food processing and selling its products under a popular brand. Lately, the business was expanding due to good quality and reasonable prices. Also with more people working, the market for processed food was increasing. New players were also coming to cash in on the new trend. In order to keep its market share in the short run, the company directed its existing workforce to work overtime. But this resulted in many problems. Due to increased pressure of work, the efficiency of the workers declined. Sometimes, the subordinates had to work for more than one superior resulting in declining efficiency. The divisions that were previously working on one product were also made to work on two or more products. This resulted in a lot of overlapping and wastage. The workers were becoming indisciplined. The spirit of teamwork, which had characterised the company previously, was beginning to wane. Workers were feeling cheated and initiative was declining. The quality of the products was beginning to decline and market share was on the verge of decrease. Actually, the company had implemented changes without creating the required infrastructure. Taylor's principles of scientific management and Fayol's principles of management are mutually complementary. Do you agree? Give reasons in support of your answer.
F Ltd was engaged in the business of food processing and selling its products under a popular brand. Lately, the business was expanding due to good quality and reasonable prices. Also with more people working, the market for processed food was increasing. New players were also coming to cash in on the new trend. In order to keep its market share in the short run, the company directed its existing workforce to work overtime. But this resulted in many problems. Due to increased pressure of work, the efficiency of the workers declined. Sometimes, the subordinates had to work for more than one superior resulting in declining efficiency. The divisions that were previously working on one product were also made to work on two or more products. This resulted in a lot of overlapping and wastage. The workers were becoming indisciplined. The spirit of teamwork, which had characterised the company previously, was beginning to wane. Workers were feeling cheated and initiative was declining. The quality of the products was beginning to decline and market share was on the verge of decrease. Actually, the company had implemented changes without creating the required infrastructure. What steps should the company management take in relation to the above principles to restore the company to its past glory?
F Ltd was engaged in the business of food processing and selling its products under a popular brand. Lately, the business was expanding due to good quality and reasonable prices. Also with more people working, the market for processed food was increasing. New players were also coming to cash in on the new trend. In order to keep its market share in the short run, the company directed its existing workforce to work overtime. But this resulted in many problems. Due to increased pressure of work, the efficiency of the workers declined. Sometimes, the subordinates had to work for more than one superior resulting in declining efficiency. The divisions that were previously working on one product were also made to work on two or more products. This resulted in a lot of overlapping and wastage. The workers were becoming indisciplined. The spirit of teamwork, which had characterised the company previously, was beginning to wane. Workers were feeling cheated and initiative was declining. The quality of the products was beginning to decline and market share was on the verge of decrease. Actually, the company had implemented changes without creating the required infrastructure. Explain these principles in brief (i)Division of work (ii) Unity of command (iii) Unity of direction (vi) Discipline (v) Order (vi) Initiative (vii) Remuneration (viii) Esprit de corps
F' limited was engaged in the business of food processing and selling its products its products under a popular brand. Lately the business was expanding due to good quality and reasonable prices. Also with more people working the market processed food was increasing. New players were also coming to case jin on the new trend. In order to keep its market share in the short run the company directed its existing workforce to work overtime. But this resulted in many problems . Due to increased pressure of work the efficiency of the workers declined. Sometimes the subordinates had to work for more than one superior sreulting in declining efficiency. The divisions that were prviously working on one prodoct superior resulting in declining efficiency. The divisions that were previously work for than one superior resulting in declining efficiency. The divisions that were previously working on one product were also made to work on two or more products. This resulted in a lot overlapping and wastage. The spirit of teamwork, which had characterised the company, previously was beginning to wane. The quality of the products was beginning to decline and market share was on the verge of decrease. Actually the company had implemented changes without creating the required infrastructure. Identify and explain briefly any three principles of management given by Henri Fayol that were violated by the company.
Flavours Ltd. Was engeged in the business of marking handmade chocolates. Lately, the business was expanding due to good quality and reasonable prices. As the demand was increasing, Flavours Ltd. Decided to explore bakery products as well. In order to make bakery products the company directed its workforce to work overtime but this resulted in multiple problems. Due to increased pressure the efficiency declined and the workers had to take orders from more than one suerior. Workers were overburdened and their health was also affected. Gradually the quality of the products began to decline and market share also went. The company realised that had implemented changes without waiting for required infrastructure. Identify and explain the principle/technique of Taylor/Fayol referred to in the above para.
Alpha Ltd. Was engaged in business of garment manufacturing and selling its products uder a popular brand. The demand for their product was increasing. In order to keep the market share in short run, the company directed its existing workforce to wirk overtime but this resulted in many problems. Due to increase pressure of work the eficiency of workers declined. Sometimes workers worked under more than one superior. The departments which were producing one product where asked to produce more than one type of products. This resulted in lot of overlopping and wastage. The workers were becoming indisciplined.The spirit of team was also reducing. Workers were feeling cheated and their morale was declining. The quality of garments started declining and mrket share decreased. Based on this case answer the following questions: Identify which principles of Henery Fayol were violated in above case.
Raman, Joginder, John, Iqbal and Shreya are friends. They are operating different businesses, Each one has his/her own concept regarding operating their businesses. Raman believes in producing products at a large scale, thereby decreasing the average cost of the products and selling it at a reasonable price. Joginder focuses on providing best quality products beccause he believes that a customer always wishes to buy a good quality product. The price of the product is secondary. John is of the belief most important aspect of business is sales and so he undertakes aggressive selling and promotional effort. Iqbal believes that his firm can achieve its goals only by identifying the needs of the customer satisfying them better than the competitors. Shreys feels that her firm has a responsibility towards the society as well. So she provides customer satisfaction along with using techniques which are environmental friendly. Identify and explain the marketing concepts followed by each of them.
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