NATURE AND SIGNIFICANCE OF MANAGEMENT CASE STUDIES 1 The director of Unique India Ltd Called for meeting of all the employees in the meeting directors informed the employees that the main objective of company is to increase the sale by 30 Various plans were made to improve the potential and efficiency of employees as well as various operations The sales manager suggested some changes in the product as per the latest demand in the market As a result the company was able to achieve its target successfully at the end of the year State the characteristics of management highlighted above also identify the lines indicating their characteristics Answer The characteristics of management are Goal oriented operation Dynamic o Line main objective of company is to increase the sale by 30 Multi dimensional management of people and management of o Line Various plans were made to improve the potential and efficiency of employees as well as various operations o Line Sales manager suggested some changes 2 Unique India Ltd Decided to synchronize all the activities of organisation While deciding what is to be done when it is to be done they tried to bring harmony between organisational goal and individual goal While hiring employees HR department made sure people with right qualification only joined the organisation and they are paid as per their qualification Further the directors made arrangement that at the end of every three months performance of the employees is compared with planned performance so that steps can be taken to check the deviation i Identify the three functions of management highlighted in above para Answer Three functions of management are Planning Staffing Controlling ii Also identify the concept of management that gives importance in above para Answer Coordination 3 The General manager GM of Alpha Kidswear Limited The GM has divided all the employees of his company into three levels Top level Middle level and Lower level At the Top level the General Manager and Board of Directors themselves work The middle level work is looked after by the four Departmental managers like the Production Manager Purchase Manager Sales Manager and Finance Manager The Lower Level is constituted of one supervisor of each of the four departments These Supervisors look after the daily activities of their subordinates Often it is observed that the managers of all Levels remain busy sometimes with the planning of their respective departments and sometimes with the comparison of the desired and actual results Similarly sometimes they are busy with the Recruitment Selection and Training of the employees and sometimes with their motivation Mr Sahil knows it very well that the job of management cannot be done by a single person alone but when all join hands to work together the meaning of management is realised This is why he makes all his efforts to effect coordination in the activities of all his employees All the employees are working with the team spirit In the above paragraph two special features of management have been described Identity them by quoting the relevant lines and explain them Answer The two special features of management are Continuous process motivation o Relevant line often it is observed their Group activities o Relevant line Job of management work together 4 Vivo Mobile aims to produce 20 000 mobiles in 2017 To achieve this target production department strives for timely production finance department agreed for timely released funds purchase agreed for timely supply of raw materials and sales department agreed to take all possible steps to sell them Due to combined efforts of all the departments company can achieve its target i Which characteristic of management is highlighted in above para Answer Management is a group activity ii Which importance of management is highlighted here Answer Management helps in achieving group goal iii Which other aspect of management helps the Vivo Mobile Ltd to achieve its objectives Answer Coordination 5 Gemini Circus is organising shows internationally for the last thirty years Their shows have been successful across the globe Of late their shows are not as popular as they were in past After analysing they are thinking of bringing necessary changes in their shows to gain popularity and get their past image of No 1 back i Identify which two characteristics of management is reflected in above situation Answer The characteristics of management are ii Which two functions of management are indicated here Answer The two functions of management are Dynamic Goal orientated Planning Controlling