Nature and significance of management
1. 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,
2. Ramarjuna joins an IT firm as a system analyst after completing his masters in
Computer Science. As the nature of his work demands he has to work in very
close coordination with all the departmental heads in the firm, very soon
Ramarjuna realizes that each departmental head has own individual style of
working. They differ greatly in their day-to-day approach to work. They tend to
deal with a given situation, an issue or a problem through a combination of their
own experience, creativity, imagination, initiative and innovation.
In the context of the above case:
Identify and explain the nature of management highlighted in the above case.
3. Kartik joins a garment factory as a plant supervisor in Lucknow. He observes
that the output of some workers is very low as compared to the standards set for
their performance. On analyzing the reasons for the same, he finds out that a lot
of time of the workers is wasted in getting the requisite materials issued from the
store. Whereas on asking, the store keeper complains that there is no harmony in
the working of the production department as a whole. Everyday the workers
approach him at the last minute to procure different kinds of threads, laces,
mirrors, buttons etc. If it is not available in the store then he has to place an order
with the purchase officer. As a result, a lot of time of the workers is wasted. So, in
order to integrate the various production activities, henceforth, Kartik
ensures,that the store keeper is informed well three days in advance about the
requisite material. Consequently, the store keeper is able to keep the materials
ready for the workers every morning in accordance with their requirements.
In context of the above case:
1. Identify and explain the quality of management that Kartik has introduced
in the working of the production department as a corrective measure to
control the output of the workers.
2. State briefly any two points highlighting the importance of quality of
management identified in part (a).
4. Esha works as the cost and risk management head of a company in power
sector. As a result of her excellent managerial competence, the company is able
to reduce costs and increase productivity. The company belongs to infrastructure
sector, wherein regular amendments are made in the government regulations
and policies. She holds regular meetings to ensure that people in her department
are not only aware of the related changes but are also able to adapt to these
changes effectively. This helps the company to maintain its competitive edge. She
motivates and leads her team in such a manner that individual members are able
to achieve personal goals while contributing to the overall organisational
objective. In the process of fulfilling her duties for the growth of the organisation,
she helps in providing competitive services, adopting new technology, creating
more employment opportunities etc. for the greater good of the people at large.
In context of the above case:
Identify the various reasons that have made management so important by
quoting lines from the paragraph.
