All Courses
Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity Get the App Login Join for Free
Sign in Open App
Commerce Exam  >  Commerce Questions  >  B Ltd. wants to modify the existing product, ... Start Learning for Free
SaveJoin the Discussion on the App
B Ltd. wants to modify the existing product, CD players in the market due to decreasing sales . What decision / steps should each level of management take to give effort to this decisions? ( 6 marks)?
Clear all your Commerce doubts with EduRev
Most Upvoted Answer
B Ltd. wants to modify the existing product, CD players in the market ...
Decision to Modify Existing Product


Top Management


  • Identify the reasons for decreasing sales of CD players.

  • Conduct market research to identify customer needs and preferences.

  • Assess the feasibility of modifying the existing product.

  • Allocate resources for research and development of the modified product.

  • Set goals and objectives for the modification process.

  • Establish a timeline for the modification process.



Middle Management


  • Develop a plan for the modification process based on the goals and objectives set by top management.

  • Allocate resources for the modification process.

  • Coordinate with the research and development team to ensure that the modified product meets customer needs and preferences.

  • Identify potential challenges and risks associated with the modification process and develop contingency plans.

  • Monitor the progress of the modification process and report to top management regularly.



Lower Management


  • Implement the plan developed by middle management.

  • Coordinate with other departments to ensure smooth implementation of the modification process.

  • Provide feedback to middle management on potential challenges and risks associated with the modification process.

  • Ensure that the modified product meets quality standards and customer needs and preferences.

  • Report to middle management regularly on the progress of the modification process.



Overall, the decision to modify an existing product requires a collaborative effort from all levels of management. Top management should provide the vision and resources for the modification process, while middle management develops a plan and coordinates with other departments. Lower management implements the plan and provides feedback to middle management to ensure that the modified product meets quality standards and customer needs.
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
Explore Courses for Commerce exam

Similar Commerce Doubts

Mr. Gul Muhammed set up a factory for manufacturing parts of washing machines in his village after completing his education of MBA. This gave employment to about 50 people of his village. The scale of Gul Muhammad’s business was small. He had kept all the decision taking rights  with himself so far as the different business activities are concerned. Mr.Akbar Shah, the Sarpanch of the village, had helped him a lot in setting up the factory. He often happened to meet Mr.Shah. Many a time he saw Mr.Shah working as the Sarpach. During this course the special thing that e observed was that all the rights of spending the grant given by the government fr the welfare of the village were with the Panchayath only. Mr.Gul compared this situation with his own business and concluded, “The government has given all the decision taking rights to its subordinate ie village panchayath, whereas all the decision taking rights he has kept with himself instead of giving them to his subordinates.”Mr Gul thought deeply over this situation and arrived at this conclusion, “Because the Government is a very bg organization, it is imperative that the decision taking rights be given up to the lower level. On the other hand, the scale of his business is very small, hence he can easily take all the decisions himself. And as the scale of his business grows, he too will hand over the rights f decisions to his subordinates.”Identify and explain the principles of management described in the paragraph given above.Identify any one value in the paragraphs given above which through business has influenced the society. Related: Chapter Notes - Principles Of Management?

The activities and employees in ‘Elegance Pvt. Ltd.’, a footwear manufacturing company, can be broadly grouped into five departments namely; production, purchase, marketing, accounts and personnel. Over the years the company has grown and expanded its operations manifolds. The company now intends to diversify into leather bags segment. So its management has decided to restructure its operations. They plan to create separate product divisions for each product line wherein the functioning of each division will be further divided into five departments namely; production, purchase, marketing, accounts and personnel.In context of the above case:How is the company’s future organisational structures likely to be different from the existing one? State any three points of differences between the two types of organisational structures. Related: Case Studies - Organizing?

Top Courses for CommerceView all

Top Courses for Commerce

B Ltd. wants to modify the existing product, CD players in the market due to decreasing sales . What decision / steps should each level of management take to give effort to this decisions? ( 6 marks)?
Question Description
B Ltd. wants to modify the existing product, CD players in the market due to decreasing sales . What decision / steps should each level of management take to give effort to this decisions? ( 6 marks)? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about B Ltd. wants to modify the existing product, CD players in the market due to decreasing sales . What decision / steps should each level of management take to give effort to this decisions? ( 6 marks)? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for B Ltd. wants to modify the existing product, CD players in the market due to decreasing sales . What decision / steps should each level of management take to give effort to this decisions? ( 6 marks)?.
Solutions for B Ltd. wants to modify the existing product, CD players in the market due to decreasing sales . What decision / steps should each level of management take to give effort to this decisions? ( 6 marks)? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of B Ltd. wants to modify the existing product, CD players in the market due to decreasing sales . What decision / steps should each level of management take to give effort to this decisions? ( 6 marks)? defined & explained in the simplest way possible. Besides giving the explanation of B Ltd. wants to modify the existing product, CD players in the market due to decreasing sales . What decision / steps should each level of management take to give effort to this decisions? ( 6 marks)?, a detailed solution for B Ltd. wants to modify the existing product, CD players in the market due to decreasing sales . What decision / steps should each level of management take to give effort to this decisions? ( 6 marks)? has been provided alongside types of B Ltd. wants to modify the existing product, CD players in the market due to decreasing sales . What decision / steps should each level of management take to give effort to this decisions? ( 6 marks)? theory, EduRev gives you an ample number of questions to practice B Ltd. wants to modify the existing product, CD players in the market due to decreasing sales . What decision / steps should each level of management take to give effort to this decisions? ( 6 marks)? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses

Suggested Free Tests

Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Get App
© EduRev
Education Revolution
Signup to see your scores go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup