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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.
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Most Upvoted Answer
Vaibhav Garments Ltd/s target is to produce 10,000 shirts per month at...
Yes, the production manager is effective. Here are the reasons:
Nature and Significance of Management:
Management is the process of planning, organizing, directing, and controlling resources (people, finances, materials) to achieve organizational goals effectively and efficiently. The role of management is critical because it determines the success or failure of an organization.
Effective Management:
Effective management is the ability to achieve organizational goals with the available resources. In the case of Vaibhav Garments Ltd, the production manager could achieve the target of producing 10,000 shirts per month. Here are the reasons why the production manager is effective:
1. Achieved the Target:
The production manager was able to achieve the target of producing 10,000 shirts per month. This shows that the manager has the ability to plan and organize resources effectively.
2. Cost Reduction:
The cost per shirt was reduced from ?150 to ?160. This shows that the manager has the ability to control resources effectively. The reduction in cost per shirt means that the company can make more profit.
3. Efficient Resource Utilization:
The manager was able to produce 10,000 shirts per month with the available resources. This shows that the manager has the ability to utilize resources efficiently.
Conclusion:
In conclusion, the production manager of Vaibhav Garments Ltd is effective. The manager was able to achieve the target, reduce cost per shirt, and utilize resources efficiently. Effective management is critical for the success of any organization.
Nature and Significance of Management:
Management is the process of planning, organizing, directing, and controlling resources (people, finances, materials) to achieve organizational goals effectively and efficiently. The role of management is critical because it determines the success or failure of an organization.
Effective Management:
Effective management is the ability to achieve organizational goals with the available resources. In the case of Vaibhav Garments Ltd, the production manager could achieve the target of producing 10,000 shirts per month. Here are the reasons why the production manager is effective:
1. Achieved the Target:
The production manager was able to achieve the target of producing 10,000 shirts per month. This shows that the manager has the ability to plan and organize resources effectively.
2. Cost Reduction:
The cost per shirt was reduced from ?150 to ?160. This shows that the manager has the ability to control resources effectively. The reduction in cost per shirt means that the company can make more profit.
3. Efficient Resource Utilization:
The manager was able to produce 10,000 shirts per month with the available resources. This shows that the manager has the ability to utilize resources efficiently.
Conclusion:
In conclusion, the production manager of Vaibhav Garments Ltd is effective. The manager was able to achieve the target, reduce cost per shirt, and utilize resources efficiently. Effective management is critical for the success of any organization.
Community Answer
Vaibhav Garments Ltd/s target is to produce 10,000 shirts per month at...
Yes he is effective but not efficient because he had achieved his target on time but at high cost
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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. Related: Chapter Notes - Nature and Significance of Management?
Question Description
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. Related: Chapter Notes - Nature and Significance of Management? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about 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. Related: Chapter Notes - Nature and Significance of Management? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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. Related: Chapter Notes - Nature and Significance of Management?.
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. Related: Chapter Notes - Nature and Significance of Management? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about 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. Related: Chapter Notes - Nature and Significance of Management? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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. Related: Chapter Notes - Nature and Significance of Management?.
Solutions for 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. Related: Chapter Notes - Nature and Significance of Management? in English & in Hindi are available as part of our courses for Commerce.
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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. Related: Chapter Notes - Nature and Significance of Management?, a detailed solution for 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. Related: Chapter Notes - Nature and Significance of Management? has been provided alongside types of 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. Related: Chapter Notes - Nature and Significance of Management? theory, EduRev gives you an
ample number of questions to practice 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. Related: Chapter Notes - Nature and Significance of Management? tests, examples and also practice Commerce tests.
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