Objectives Of Management

A company, Toyo Motor Ltd. Follows certain well-defined business principles guiding its functioning. These are : To provide clean and safe products and to enhance the quality of life everywhere, to create and develop advanced technologies and provide outstanding products and services that fulfil the needs of customers worldwide and to foster a corporate culture that enhances individual creativity to develop and carry out their plans and teamwork value, while honouring mutual agreement and complete harmony and cooperation between management and labour, etc. (a) Identify and explain any two principles of general management and two principles of scientific management followed by Toyo Motor Ltd. (b) Identify and explain the objective of management Toyo Motor Ltd. is fulfilling.

Nature Of Management|Levels Of Management|Functions Of Management|Summary

Sandhya is a successful manager at Manisons Enterprises. She has a team of twelve people working under her. She encouraged them to set their own objectives and take decisions. She respects their opinions and supports them, so that they can perform their duties and accomplish organisational Objectives. To manage and exercise effective control she uses forces within the group. As an intelligent manager, at times, she also makes use of positive aspects of informal communication. This is why, she is able to unity diverse interests and ensure that target are met. (a) There are many theories and styles of influencing people's bahaviour. Identify the style used by Sandhya which is based on the use of authority. (b) State two positive aspects of the communication discussed above, which Sandhya is using as an intelligent manager.

Objectives Of Financial Management