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Peter Harris wants to set up a factory of manufacturing decorative lamps and lights. He decides to use recycled material for lights and packing, whenever possible. He proposes to use a scientific and rational approach in all decisions that he takes for setting up and for running the factory rather than using hit and tiral method or personal likes and dislikes. He wants to adopt a paternalistic approach towards the?
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Peter Harris wants to set up a factory of manufacturing decorative lam...
Peter Harris' Plan to Set Up a Decorative Lamp Factory


Use of Recycled Material


  • Peter plans to use recycled material for lights and packing whenever possible.

  • This will reduce the environmental impact of his factory and also lower the cost of production.



Scientific and Rational Approach


  • Peter intends to use a scientific and rational approach in all decisions related to setting up and running the factory.

  • This will help him make informed decisions based on data and analysis rather than personal likes and dislikes or hit and trial methods.



Paternalistic Approach


  • Peter wants to adopt a paternalistic approach towards his employees.

  • This means that he will take care of the well-being of his employees, provide them with benefits and opportunities for growth, and ensure their safety and security.

  • He believes that this will not only benefit the employees but also lead to higher productivity and job satisfaction.



Overall, Peter's plan to set up a decorative lamp factory is focused on sustainability, rational decision-making, and employee well-being. By using recycled material, adopting a scientific approach, and taking care of his employees, he hopes to create a successful and socially responsible business.
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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?

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Peter Harris wants to set up a factory of manufacturing decorative lamps and lights. He decides to use recycled material for lights and packing, whenever possible. He proposes to use a scientific and rational approach in all decisions that he takes for setting up and for running the factory rather than using hit and tiral method or personal likes and dislikes. He wants to adopt a paternalistic approach towards the?
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Peter Harris wants to set up a factory of manufacturing decorative lamps and lights. He decides to use recycled material for lights and packing, whenever possible. He proposes to use a scientific and rational approach in all decisions that he takes for setting up and for running the factory rather than using hit and tiral method or personal likes and dislikes. He wants to adopt a paternalistic approach towards the? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Peter Harris wants to set up a factory of manufacturing decorative lamps and lights. He decides to use recycled material for lights and packing, whenever possible. He proposes to use a scientific and rational approach in all decisions that he takes for setting up and for running the factory rather than using hit and tiral method or personal likes and dislikes. He wants to adopt a paternalistic approach towards the? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Peter Harris wants to set up a factory of manufacturing decorative lamps and lights. He decides to use recycled material for lights and packing, whenever possible. He proposes to use a scientific and rational approach in all decisions that he takes for setting up and for running the factory rather than using hit and tiral method or personal likes and dislikes. He wants to adopt a paternalistic approach towards the?.
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