Business Studies: Class 12th
Case Studies :
Chapter :1 Nature and significance of
management
1
1. Reshma and Samiksha are friends. Considering the fact that activities involved in
managing an enterprise are common to all organisations, after completing their
masters in Business Management, both of them take up job at managerial level in
different organizations as per their individual areas of interest. Reshma takes
up a marketing job in a retail company and strives to increase sales whereas
Samiksha joins an NGO and works diligently to realize its objectives related to
providing employment to specially abled persons. Both of them have to perform a
series of continuous, composite but separate functions. On some days, Reshma may
spend time sorting out an employee’s problems and on other days she may spend
more time in planning a future display layout. Both of them make conscious
efforts to build a feeling of team spirit and coordination among diverse
individuals with different needs who work under them. The effect of their
management is noticeable in their respective departments as the targets are met
according to plans, employees are happy and satisfied and there is orderliness
in its functioning rather than chaos.
In the context of the above
case, identify and state the various features of management highlighted by
quoting the lines and explain them.
2.2. Sunshine
ltd. Manufacturer electronic goods like washing machines, microwave ovens,
refrigerators and air conditioners. The company is facing a lot of problems
these days. The company’s margins are under pressure and the profits and market
share is declining. The production department blames marketing department and
the marketing department blames production department. The finance department blames
all the the departments for declining return on investment and bad marketing.
A. What
quality of management do you think the company is lacking? Justify your answer.
B. State
2 points of importance of the concept identified in A.
3. 3. Vansh’s
father has retired as a regional manager of a company. Name the level at which
he was working. State any one function he was performing at that level.
4. 4. Amar Ltd.is engaged in production of electrical goods The
company’s profits and market share are declining. The
production department blames the marketing department for not meeting the
sales targets and the marketing department blames the production
department for producing goods which are not of good quality and do not meet
the customer’s expectations. The finance department blames both the production
and marketing departments for declining return on investment.
1.What
quality of management do you think the company is lacking?
2.List
its two features
3.List
any two values which are ignored by employees of Amar Ltd.
5. 5.Technology major Google is looking for a major expansion in the region as it opens
its first data centre in India next year, with plans to hire thrice the number
of people, as well as reach out to start-ups and small and medium enterprises
(SMEs).Rick Harshman, managing director, Asia Pacific and Japan, Google Cloud, who is in India finalising details before the launch
of the data centre, said they were hiring people for multiple roles, including
technical and sales.
Identify the two major objectives being pursued by Google In
India. Explain the objectives and also clearly specify the sub category of the
objective identified.
6. 6. The Overseas Indian Facilitation Center (OIFC) has partnered
with the Hyderabad-based Indian School of Business (ISB) to launch OIFC-ISB
India Fellows Programme, which is designed for the young Indian business owners and professionals outside
India to familiarise them with doing business in India. The year-long programme
led by ISB is offered as a blended model comprising technology-aided learning
and a specially-designed 12-days residential programme in India. It will
provide an experiential mix including exposure to the touch and feel of the
Indian market, networking .
(a)Identify
the nature of management highlighted .
(b) Also identify and explain the
features that are being fulfilled by management.
7. Rama Clothes ltd.’s target is to produce 20,000 shirts
per month at a cost of Rs.500/- per shirt. The production manager achieved this
target at a cost of Rs.450/- per shirt. Do you think the manager is effective
and efficient?
Q8. Identify the type of objectives of management
a)
A sale of Rs. 27,500 is must to cover the production cost at least.
b)
A play way school will be set up by the company for its employees‘
children within the office premises.
c)
We will introduce one variant of the fruit juices processed by us every
six months for the next 4 years.
9. Josh Enterprises decides to have a meeting of
all the key employees of different departments in the organisation. The main
motive is to tell the employees to keep the target of 20% increase in sales as
the main objective when they work throughout the year. The meeting is full of
ideas regarding the employees and processes involved. Various plans are made to
harness the potential of the employees and streamline the processes. However
with the passage of a few days the external business environment checks the
capability of the organisation to adapt to the situations. The company
successfully comes out at the end of the year with flying colours.
What are the
various features of business you can find highlighted here? Also identify the
lines in which these features have been highlighted.
10. Mr A is a qualified CA graduate and has
learned well about various Accounting techniques. He and his three batch mates
have graduated from the same institutes and are taught by the same teachers and
have gone through the same test assignments. Mr A actually took up internship
assignment with one of the big four companies and took up audit, accounting and
other practical assignments with a number of good companies. Now all these
three friends are employed in different companies. While Mr A is able to
explore the entire world of Accounting but the other two face problems whenever
some new situation or assignment comes.
i) Identify the nature of management in the
above case study.
ii) Give three features of the nature
identified above and explain them.
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