1 Nature and Significance of Management Case Study 1 Cbsesamplepapers - Info
1 Nature and Significance of Management Case Study 1 Cbsesamplepapers - Info
Question 1:Ashutosh Goenka was working in ‘Axe Ltd.’, a company manufacturing air
purifiers. He found that the profits has started declining from the last six months. Profit
has an implication for the survival of the firm, so he analysed the business environment
to find out the reasons for this decline.
Answer:
Ashutosh Goenka was working at top level of management. The three functions being
performed by him at this level are outlined below:
Answer:
Rishitosh Mukerjee is working at middle level of the management. The three more
functions that he has to perform at this level are stated below:
Question 3:
Answer:
Question 4:
Mega Ltd. manufactured water-heaters. In the first year of its operations, the revenue
earned by the company was just sufficient to meet its costs. To increase the revenue,
the company analysed the reasons behind the less revenues. After analysis, the
company decided:
This will not only help in covering the risks but also help in meeting other objectives.
Question 5:
XYZ Power Ltd. set up a factory for manufacturing solar lanterns in a remote village as
there was no reliable supply of electricity in rural areas. The revenue earned by the
company was sufficient to cover the costs and the risks. As the demand of lanterns was
increasing day- by-day, the company decided to increase production to generate higher
sales. For this/they decided to employ people from a nearby village as very few job
opportunities were available in that area. The company also decided to open schools
and creches for the children of its employees.
Answer:
Your grandfather has retired as the Director of a manufacturing company. At what level
of management was he working? What functions do you think he was performing at that
level? State any two,
Answer::
Since he has retired from the post of Director of a manufacturing company, he was
working at the top level of management.
The main functions that he was performing at this level are outlined below:
Ritu is the manager of the northern division of a large corporate house. At what level
does she work in the organisation? What are her basic functions?
OR
Your grandfather has retired from an organisation in which he was responsible for
implementing the plans developed by the top management. At which level of
management was he working? State one more function performed at this level.
OR
Deepak’s father has retired as a purchase manager of a company. At what level of
management was he working? What function do you think he was performing at that
level of management?
OR
Dheeraj is working as an Operations Manager in Tifco Ltd. Name the managerial level at
which he is working. State any four functions he will perform as the Operations Manager
in this company.
OR
Rajat is working as a Regional Manager in Tifco Ltd. Name the level at which he is
working. State any four functions he will perform as the Regional Manager in this
company.
Answer::
Ritu / grandfather / Deepak’s father / Deeraj / Rajat, all of them are working at the
middle level of management.
The four functions that he will have to perform at this level are stated below:
Question 8:
Vaibhav Garments Ltd/s target is to produce 10,000 shirts per month at a cost of ?150
per shirt. The production manager could achieve this target at the cost of ?160 per shirt.
Do you think the production manager is effective? Give reasons for your answer.
Answer:
Yes, the production manager of Vaibhav Garments Ltd. is effective as he could achieve
the target to produce 10,000 shirts in a month.
Question 9:
Mr. Nitin Singhania’s father has a good business of iron and steel. He wants to go to the
USA for his MBA but his father thinks that he should join the business. On the basis of
emerging- trends, do you think that Mr. Singhania should send his son to the USA? Give
any three reasons in support of your answer.
Answer:
Yes, according to me, Mr. Singhania should send his son to USA for his MBA because
management is being recognised as a profession to a great extent because of the
following reasons: