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Karan, Kartik and Kunal are best friends...

Karan, Kartik and Kunal are best friends. They decided to enter into a partnership business of constructing a mall. Which function of management is referred here?

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Planning
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After completing a course in Travel and Toursim, Vaibhav started his own travel agency. In order to ensure smooth functioning of his business, he decided to create fourteen job positions divided into four departments on the basis of functions namely front office department, including online query, reservation department, accommodation booking department and securing parment department. In order to avoid conflicts, he clearly assigned the line of authority and area of responsibilities for each job position. (a) Which function of management is being described in the above lines? (b) Identify the framework created by Vaibhav. (c ) Name the type of framework created by Vaibhav. (d) Give two advantages of that frame work.

Management is an unseen force whose presence can be felt when an organisation functions. Which characteristic of management is described here?

Mr Sandhu worked as a manager in a company manufacturing stationery items for 10 years. Later he thought of starting his own business as he acquired the skills and expertise in past years. He started his own venture. He divides the organisation into six major departments Production, Purchase, Marketing, Legal, Human resource and Finance. After a month, he called upon the meeting of all the department heads in his office and told and production marketing and finance department managers to be very vigilant as their departments are critical to the success of the business. Short comings in Purchase, Personnel or Legal department would not affect much the success of business. Therefore, Mr Sandhu determined deviation tolerance limits for the critical departments. 1. Identify the two functions of management referred above. 2. Describe the relevent concept of the indetified functions.

Joseph Bros. was a firm manufacturing jute lamp shades. It used left over jute pieces from various jute factories to manufacture economical lamp shades which are supplied to various hotels to nearby towns. It employs men and women from nearby villages as workers for creating good lamp shade designs. Joseph Bros. is not able to meet its targets Namish, the supervisor of the company was told to analyse the reasons for the poor performance. Namish found following problems and suggested certain solution in the working of the business. the number existing workers were overburdened. the firm decided to search for new workers and it asked the present employees to introduce candidtates or recommend their friends and relatives to the firm. this enabled the firm in "putting people to jobs" and assured attainment of objectives according to plans. (a) Identify the function of management being performed by the firm in the above situation. (b) Name the concept and its source used by the firm to attract more workers for the firm.

During partition, Mr. Subhash came to Delhi from Lahore with a lot of wealth. Keeping in view his innate ability to visualise and create things, he decided to work as a junior assistant in a film studio. Over a period of time, as he gained experience and his work was well acclaimed, he decided to set up his own film studio. Initially he was himself looking into every aspect of the business, but as his work increased manifolds and his own productivity reduced with age, he hired Mr. Rajan as manager. Mr. Rajan being immature in his work started giving bookings for the studio haphazardly He would never decide anything in advance or do any kind of forecasting of events. This led to lot of confusions and conflicts. As a result, the goodwill earned by Mr. Rajan over the years began to decline In context of the above case Identify and explain the function of management which Mr. Rajan failed to perform by quoting lines from the paragraph.

Vikas is a well-known businessman in the field of publishing. He owes the success of his business to his own education in business management and his team of certified management consultants. Therefore, he decides to send both his children Parth and Pranav abroad to acquire a degree in business management in their individual area of expertise. He feels that all over the world there is marked growth in management as a discipline, but still it is not considered to be a full-fledged profession for certain reasons On the basis of the above case Critically examine the various reasons because of which management is not considered to be a full-fledged profession.

ARIHANT PUBLICATION-PLANNING-CHAPTER PRACTICE (VERY SHORT ANSWER )
  1. Explain how planning facilitates decision-making?

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  2. State two benefits of planning.

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  3. Inspite of many advantages, state how planning can be detrimental

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  4. Planning is done for achieving the organisational goals. Do you agree?...

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  5. Planning always leads to success. Do you agree? Give reason in support...

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  6. The directors of XYZ Ltd are of the opinion that all decisions and pla...

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  7. How is planning a pervasive function? State

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  8. Planning eliminates uncertainties. Do you agree? Give reason in suppor...

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  9. Karan, Kartik and Kunal are best friends. They decided to enter into a...

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  10. To see whether plans are being implemented and activities are being pe...

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  11. Give one difference between 'policy and procedure

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  12. Planning strangulates the initiative of the employees and compels them...

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  13. Management translates work into goals and also finds ways and means to...

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  14. At what step the managerial functions come into the picture?

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  15. In which context, alternative courses are being evaluated?

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  16. Mention the step, in which each course of alternatives is to be weighe...

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  17. Planning is done by the top level managers and rest of the members fol...

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  18. Which limitation of planning states that 'Once plans are made, manager...

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  19. These plans are formulated at top level, defines the future decisions ...

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  20. Saurabh decided to start a chocalates manufacturing business. He set t...

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