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Sameer is working as a manager. He decided to start the manufacturing of electronic toys. He ensures that adequate workforce is available. Also he check regularly that whether the work is performing as per plans or not. Identify the concept of management.?
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Sameer is working as a manager. He decided to start the manufacturing ...
Concept of Management: Planning and Controlling
Management is a multifaceted discipline that encompasses various functions, among which planning and controlling are crucial for achieving organizational goals. In Sameer's case, he illustrates these concepts effectively while starting the manufacturing of electronic toys.
Planning
- Defining Objectives: Sameer sets clear goals for the production of electronic toys, ensuring that the vision aligns with the overall business strategy.
- Resource Allocation: He ensures that an adequate workforce is available, which involves recruiting skilled employees and organizing them effectively.
- Strategy Development: Developing a plan includes determining the processes and methods needed for efficient manufacturing.
Controlling
- Performance Monitoring: Sameer regularly checks whether the work is performing as per plans. This involves assessing productivity, quality, and adherence to timelines.
- Identifying Deviations: By comparing actual performance against planned objectives, he can identify any discrepancies or areas needing improvement.
- Implementing Corrections: If the performance deviates from the plan, Sameer can take corrective actions, such as reallocating resources or adjusting processes to get back on track.
Conclusion
Effective management requires a balance of planning and controlling. Sameer’s focus on these aspects not only helps in achieving operational efficiency but also ensures that the business remains agile and responsive to changes in the manufacturing landscape. By continuously monitoring and adjusting his strategies, he can steer his electronic toy manufacturing venture toward success.
Management is a multifaceted discipline that encompasses various functions, among which planning and controlling are crucial for achieving organizational goals. In Sameer's case, he illustrates these concepts effectively while starting the manufacturing of electronic toys.
Planning
- Defining Objectives: Sameer sets clear goals for the production of electronic toys, ensuring that the vision aligns with the overall business strategy.
- Resource Allocation: He ensures that an adequate workforce is available, which involves recruiting skilled employees and organizing them effectively.
- Strategy Development: Developing a plan includes determining the processes and methods needed for efficient manufacturing.
Controlling
- Performance Monitoring: Sameer regularly checks whether the work is performing as per plans. This involves assessing productivity, quality, and adherence to timelines.
- Identifying Deviations: By comparing actual performance against planned objectives, he can identify any discrepancies or areas needing improvement.
- Implementing Corrections: If the performance deviates from the plan, Sameer can take corrective actions, such as reallocating resources or adjusting processes to get back on track.
Conclusion
Effective management requires a balance of planning and controlling. Sameer’s focus on these aspects not only helps in achieving operational efficiency but also ensures that the business remains agile and responsive to changes in the manufacturing landscape. By continuously monitoring and adjusting his strategies, he can steer his electronic toy manufacturing venture toward success.
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Sameer is working as a manager. He decided to start the manufacturing of electronic toys. He ensures that adequate workforce is available. Also he check regularly that whether the work is performing as per plans or not. Identify the concept of management.?
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Sameer is working as a manager. He decided to start the manufacturing of electronic toys. He ensures that adequate workforce is available. Also he check regularly that whether the work is performing as per plans or not. Identify the concept of management.? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Sameer is working as a manager. He decided to start the manufacturing of electronic toys. He ensures that adequate workforce is available. Also he check regularly that whether the work is performing as per plans or not. Identify the concept of management.? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Sameer is working as a manager. He decided to start the manufacturing of electronic toys. He ensures that adequate workforce is available. Also he check regularly that whether the work is performing as per plans or not. Identify the concept of management.?.
Sameer is working as a manager. He decided to start the manufacturing of electronic toys. He ensures that adequate workforce is available. Also he check regularly that whether the work is performing as per plans or not. Identify the concept of management.? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Sameer is working as a manager. He decided to start the manufacturing of electronic toys. He ensures that adequate workforce is available. Also he check regularly that whether the work is performing as per plans or not. Identify the concept of management.? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Sameer is working as a manager. He decided to start the manufacturing of electronic toys. He ensures that adequate workforce is available. Also he check regularly that whether the work is performing as per plans or not. Identify the concept of management.?.
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