Home
Class 12
BUSINESS STUDIES
In a company, different departments are ...

In a company, different departments are formed for looking after production, sales, marketing and finance. Identify the principle of management applicable here.

Text Solution

Verified by Experts

Division of labour
Promotional Banner

Topper's Solved these Questions

  • PRINCIPLES OF MANAGEMENT

    ARIHANT PUBLICATION|Exercise CHAPTER PRACTICE (SHORT ANSWER TYPE QUESTIONS)|36 Videos
  • PRINCIPLES OF MANAGEMENT

    ARIHANT PUBLICATION|Exercise CHAPTER PRACTICE (LONG ANSWER )|13 Videos
  • PRINCIPLES OF MANAGEMENT

    ARIHANT PUBLICATION|Exercise CHAPTER PRACTICE (MULTIPLE CHOICE )|15 Videos
  • PLANNING

    ARIHANT PUBLICATION|Exercise CBSE EXAMINATIONS ARCHIVE ( LONG ANSWER)|13 Videos
  • PROJECT WORK

    ARIHANT PUBLICATION|Exercise Sample(Question Paper-5) Section : E|5 Videos

Similar Questions

Explore conceptually related problems

In order to facilitate smooth work, four managers have been appointed to look after production, finance, marketing and personnel. Identify the function of management involved in the above lines.

In a company there are four departments for finnacne. Marketing prodiction and human resource development. Identify the priciple of managemetn used in this company.

Mohan Ltd. is producing different lines of products viz. cosmetics, medicines, confectionary items, etc. All activities of the company like purchase, production, sales, accounting, etc. share common Purchase, Production, Sales and Accounts departments. As a result, there, is chaos and ineffective working of the organisation. No department is able to set specific targets related to each type of product and is unable to give justice and full concentration to each product line. Moreover, employees remain confused regarding provision of their focus and attention to a particular product line. Identify the principle of management violated here.

In order to facilitate the work they thought that four managers should be appointed to look after. (a) Production (b) Finance (c ) Marketing (d) Personnel (A) Identify the function of management involved in the above mentioned para. (B) Quote the lines from the above para which help you in identifying this function. (C) State the steps followed in the process of this function of management.

A manager should have the right to punish a subordinate for wilfully not obeying a lenitimate order but only after sufficient opportunity has been given to his/her case. Identify the principle of management highlighted here.

The goals are achieved after integrating the efforts of different individuals who are working in an organisation to satisfy their own personal needs. Identify the principle of management

Kushal Ltd. is a leading automobile company in which the various department are setting up their own objectives without paying any interest to the organisational objectives. Identify the principle of management which has been overlooked by this organisation.

A manager should have the right to punish a subordinate for wilfully not obeying a legitimate order but only after sufficient opportunity has been given to his/her case. Identify the principle of management highlighted here.

ARIHANT PUBLICATION-PRINCIPLES OF MANAGEMENT-CHAPTER PRACTICE (VERY SHORT ANSWER )
  1. Why have management principles gained importance these days?

    Text Solution

    |

  2. State the principle of Fayol which suggests that communication from to...

    Text Solution

    |

  3. In a company, different departments are formed for looking after produ...

    Text Solution

    |

  4. Name the principle of management which resembles military organisation...

    Text Solution

    |

  5. Why is stability of tenure of personnel important in an organisation?

    Text Solution

    |

  6. Fayol points out the danger of increased turnover and recruitment cost...

    Text Solution

    |

  7. What does principle of initiative indicate?

    Text Solution

    |

  8. Why did Fayol introduce the concept of gang plank' in the principle of...

    Text Solution

    |

  9. Who has developed general principles of management?

    Text Solution

    |

  10. Which principle of management focuses on specialisation?

    Text Solution

    |

  11. Which concept helps subordinates of the same level of different depart...

    Text Solution

    |

  12. What does 'Gang Plank in 'Scalar Chain' indicate about nature of manag...

    Text Solution

    |

  13. Name the theory which is associated with both FW Taylor and Henry Fayo...

    Text Solution

    |

  14. Who was the first to identify functions and principles of management?

    Text Solution

    |

  15. Give an example of decentralisation at national level

    Text Solution

    |

  16. What is the basis of formation of scientific management?

    Text Solution

    |

  17. List any two principles of 'scientific management' formulated by FW Ta...

    Text Solution

    |

  18. What involves a change in the attitude of workers and management towar...

    Text Solution

    |

  19. What does mental revolution aim at?

    Text Solution

    |

  20. What did Taylor want to communicate through 'Mental revolution"?

    Text Solution

    |