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“It is generally believed that measureme...

“It is generally believed that measurement of performance should be done after the task is completed.” Identify and explain the step in the process of the function management being discussed above.

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The IT major GIPRA is terminating the employment of its senior managers, if after evaluating their performance against pre-determined standards if it is found laking. With this disruption analysts say a large portion of the employees may becom irrelevant unless they learn new skills and apply the knowledge to work on emerging technologies. GIPRA is ready to facilitate employee learning, through its in-house centres. (A) Name the function of management perfomed by GIPRA to maintain a satisfactroy workforce. (B) Identify and explain the steps in the process of the function of management discussed above. (c ) Also state any two steps of the function of management discussed, that firm had to perform before performing the above steps.

Having transformed 2500 Kirana stores across eight cities in to virtual super markets, the start up Quick Bizz further decided in advance, to challenge with 15000-20000 store owners in top 30 cities of the country by the end of this year. The company has set its eye on digitzing over 100000 kirana stores over next 18-24 months. (a) Identify and explain the step in the process of one of the functions of management discussed above. (b) Also explain the last step to be performed by Qucik Bizz as part of the process.

"Mobile Ltd". is a well-nown automobile manufacturing company in India. The company plants to increase the sale of its Sedan Cars by 20% in the next quarter. In order to achieve this target, the marketing department of the company considered the impact of government policy on the diesel vehicles and they also anticipated the level of competitions they might ahve to face. The team explored the various available options for increase in sale like offering more discounts, providing zero per cent finance, offering free accessories, free service for three years, etc. A thorough analysis of each option was done and finally company decided to offer fre service for next three years. In order to implement the plan, they made various package of service coupons and communicated the same to their dealers. They also started giving the advertisements to make the customers aware of their scheme through various print and electronic medias. A separate team was formed to keep a close watch on the revenue and impact of new scheme on the sale. In the context of the above case...... (a) Name the function of management which is being described in above paragraph. (b) Identify and explain the various steps involved in the process of the function of management as identified in the above para, by quoting the lines from it.

Taylor's prescription for efficiency depends to a large extent on personnel competencies. To increase efficiency, workers should be given the requires training. Efficient employees will product more and earn more. Efficiency also requires the search for one best method of doing the job. The best method chosen must lead to determination of a fair day's work. There must be a compensation system that differentiates those who are able to result of the joint efforts of the managers and the workers. Thus, rather than quarrelling over the share in the resultant surplus, the workers and managers should work in harmony for maximising the output rather than restricting it. Identify and explain the principles/techniques of scientific management as given by Taylor discussed above.

Infocom has diversified itself into several product lines: Telecommunications, Engineering, financial services. Each subsidiary is self-sufficient with their-own administrative functions, propagating the belief that people can assume the reSQPonsibility for the effective implementation of their decisions and should be given autonomy. This has reduced the need for direct supervision by superiors, has promoted flexibility, initiative and faster decision making. The orders of customers are never delayed, as a result of good policy decisions of top management. (a). Identify and explain any two points of importance of the concept being discussed above. (b). Name and briefly explain a suitable framework for the company within which the managerial and operating task are to be performed.

Ali Mohammad the CEO of Super Ltd believes that human resource is the most important asset of the firm. He believes that no organisation can be successful unless it can fill and keep filled the various positions provided for in the structure with the right kind of people. Identify the function of management being discussed above and state the benefits to the organisation that its proper application in the firm will ensure.

The process of marketing incolves creating a market offering and to satisfy and wants of the present and potential buyers. The real question is how to create a market offering. Suppose, after gathering and analysing market information, a profitable business opportunity is seen by some firm in the field of producing soft drinks. To develop and market a new brand of soft drinks, the firm takes a number of important decisions, for example whether to go for any collaboration with a foreign manufactures of the new product so that it is attractive to the target customers, whether the drink will be packed in glass bottles or plastic cans, what will be the name (brand name ) of the drinks, at what price it will be sold (at par with the price at which other competitive brands are sold or below it or above it), and so on. (a) Identify and explain the two features of marketing discussed above. (b) Identify and explain any functions of marketing discussed above.

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