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In Unflex limited the purchase department purchased 200 tonnes of flex sheet for production of Flex hoardings ignoring the requisition of 150 tonnes placed by production department. As a result, there was overproduction of flex hoardings. The extra hoardings were not accepted by sales department, consequently extra hoardings remain unsold. 1 identify the aspect of management which is lacking in the above situation 2 Explain the situation when need for this aspect of management arises.?
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In Unflex limited the purchase department purchased 200 tonnes of flex...
Aspect of Management Lacking: Coordination
Explanation:
1. What is Coordination in Management?
Coordination is a crucial aspect of management that ensures that all departments and individuals within an organization work together towards the common goal. It involves harmonizing the efforts of different departments, functions, and individuals to achieve organizational objectives.
2. Need for Coordination in the Given Situation
The situation in Unflex Limited highlights the need for coordination in the following ways:
a. Conflict between Purchase and Production Department: The purchase department purchased 200 tonnes of flex sheet, ignoring the requisition of 150 tonnes placed by the production department. This lack of coordination resulted in overproduction of flex hoardings.
b. Unsold Hoardings: The extra hoardings that were produced due to the lack of coordination were not accepted by the sales department, resulting in unsold inventory.
c. Cost Implications: Overproduction and unsold inventory have cost implications for the organization, such as storage costs, depreciation, and wastage.
3. Importance of Coordination in Management
Coordination is essential in management because it:
a. Facilitates Communication: Coordination ensures effective communication between different departments, functions, and individuals within an organization.
b. Improves Efficiency: Coordination helps in the optimal utilization of resources, thereby improving efficiency and reducing wastage.
c. Enhances Organizational Performance: Coordination ensures that all departments work together towards the common goal, resulting in enhanced organizational performance.
In conclusion, the situation in Unflex Limited highlights the importance of coordination in management. Effective coordination ensures that all departments and individuals work together towards the common goal, resulting in enhanced organizational performance.
Explanation:
1. What is Coordination in Management?
Coordination is a crucial aspect of management that ensures that all departments and individuals within an organization work together towards the common goal. It involves harmonizing the efforts of different departments, functions, and individuals to achieve organizational objectives.
2. Need for Coordination in the Given Situation
The situation in Unflex Limited highlights the need for coordination in the following ways:
a. Conflict between Purchase and Production Department: The purchase department purchased 200 tonnes of flex sheet, ignoring the requisition of 150 tonnes placed by the production department. This lack of coordination resulted in overproduction of flex hoardings.
b. Unsold Hoardings: The extra hoardings that were produced due to the lack of coordination were not accepted by the sales department, resulting in unsold inventory.
c. Cost Implications: Overproduction and unsold inventory have cost implications for the organization, such as storage costs, depreciation, and wastage.
3. Importance of Coordination in Management
Coordination is essential in management because it:
a. Facilitates Communication: Coordination ensures effective communication between different departments, functions, and individuals within an organization.
b. Improves Efficiency: Coordination helps in the optimal utilization of resources, thereby improving efficiency and reducing wastage.
c. Enhances Organizational Performance: Coordination ensures that all departments work together towards the common goal, resulting in enhanced organizational performance.
In conclusion, the situation in Unflex Limited highlights the importance of coordination in management. Effective coordination ensures that all departments and individuals work together towards the common goal, resulting in enhanced organizational performance.
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In Unflex limited the purchase department purchased 200 tonnes of flex sheet for production of Flex hoardings ignoring the requisition of 150 tonnes placed by production department. As a result, there was overproduction of flex hoardings. The extra hoardings were not accepted by sales department, consequently extra hoardings remain unsold. 1 identify the aspect of management which is lacking in the above situation 2 Explain the situation when need for this aspect of management arises.?
Question Description
In Unflex limited the purchase department purchased 200 tonnes of flex sheet for production of Flex hoardings ignoring the requisition of 150 tonnes placed by production department. As a result, there was overproduction of flex hoardings. The extra hoardings were not accepted by sales department, consequently extra hoardings remain unsold. 1 identify the aspect of management which is lacking in the above situation 2 Explain the situation when need for this aspect of management arises.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about In Unflex limited the purchase department purchased 200 tonnes of flex sheet for production of Flex hoardings ignoring the requisition of 150 tonnes placed by production department. As a result, there was overproduction of flex hoardings. The extra hoardings were not accepted by sales department, consequently extra hoardings remain unsold. 1 identify the aspect of management which is lacking in the above situation 2 Explain the situation when need for this aspect of management arises.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In Unflex limited the purchase department purchased 200 tonnes of flex sheet for production of Flex hoardings ignoring the requisition of 150 tonnes placed by production department. As a result, there was overproduction of flex hoardings. The extra hoardings were not accepted by sales department, consequently extra hoardings remain unsold. 1 identify the aspect of management which is lacking in the above situation 2 Explain the situation when need for this aspect of management arises.?.
In Unflex limited the purchase department purchased 200 tonnes of flex sheet for production of Flex hoardings ignoring the requisition of 150 tonnes placed by production department. As a result, there was overproduction of flex hoardings. The extra hoardings were not accepted by sales department, consequently extra hoardings remain unsold. 1 identify the aspect of management which is lacking in the above situation 2 Explain the situation when need for this aspect of management arises.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about In Unflex limited the purchase department purchased 200 tonnes of flex sheet for production of Flex hoardings ignoring the requisition of 150 tonnes placed by production department. As a result, there was overproduction of flex hoardings. The extra hoardings were not accepted by sales department, consequently extra hoardings remain unsold. 1 identify the aspect of management which is lacking in the above situation 2 Explain the situation when need for this aspect of management arises.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In Unflex limited the purchase department purchased 200 tonnes of flex sheet for production of Flex hoardings ignoring the requisition of 150 tonnes placed by production department. As a result, there was overproduction of flex hoardings. The extra hoardings were not accepted by sales department, consequently extra hoardings remain unsold. 1 identify the aspect of management which is lacking in the above situation 2 Explain the situation when need for this aspect of management arises.?.
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