Urgent needs please provide me all case study problems of chapter-2 pr...
Case Study Problems of Chapter-2 Principle of Management in Business Studies Class 12Problem 1: Labour Unrest at XYZ Ltd.
The workers of XYZ Ltd. are unhappy with the management and have gone on strike. They are demanding better wages, better working conditions, and better facilities. The management is not willing to negotiate with the workers, and the situation is getting worse.
Solution:
- The management should sit down with the workers and try to understand their demands.
- The management should negotiate with the workers and try to arrive at a mutually acceptable solution.
- The management should try to improve the working conditions and facilities for the workers.
- The management should try to increase the wages of the workers to keep them motivated and satisfied.
- The management should also try to address the other concerns of the workers, such as job security and career growth opportunities.
Problem 2: Poor Sales Performance at ABC Inc.
ABC Inc. is facing poor sales performance in the market. The company has been struggling to increase its market share and is losing customers to its competitors. The management is looking for ways to improve the sales performance of the company.
Solution:
- The management should conduct a market analysis to understand the needs and expectations of the customers.
- The management should identify the strengths and weaknesses of the company and try to improve on the weaknesses.
- The management should develop a marketing strategy to promote the company's products and services.
- The management should train the sales team to improve their selling skills and customer service.
- The management should also consider offering discounts and other promotional offers to attract more customers.
Problem 3: Lack of Motivation at LMN Ltd.
The employees of LMN Ltd. are lacking motivation and are not performing up to their potential. The management is concerned about the lack of productivity and is looking for ways to motivate the employees.
Solution:
- The management should conduct a survey to understand the concerns and expectations of the employees.
- The management should communicate with the employees and provide them with feedback on their performance.
- The management should provide the employees with incentives and rewards for their good performance.
- The management should also provide the employees with training and development opportunities to help them improve their skills and knowledge.
- The management should create a positive work environment and culture that encourages and supports the employees.
Overall, effective management practices should be implemented to address the issues faced by the organization. These practices should focus on improving communication, understanding the concerns of stakeholders, and providing effective solutions to these concerns.