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Question

A company wants to modernise its product. What functions or decisions should be taken by each level to carry on this task?

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Solution

Modernisation of product is the need of today's dynamic business environment.

To modernise the product each level must divide their work.

Top level management:

(i) They must plan the technique of modernisation.

(ii) They must organise and assemble necessary resources.

(iii) They must coordinate the efforts of all the departments towards modernisation.

Middle level management:

(i) They must implement the plans made by top level in their respective departments.

(ii) They must interpret the plans to their subordinates.

(iii) They must recruit and select necessary employees to carry on the task.

(iv) They must motivate the personnel to work towards accomplishment of task.

Lower / Supervisory level:

(i) They must assign the task to work force.

(ii) They must supervise that the task is carried on in the right direction.

(iii) They must maintain the quality of work and reduce the wastage.

(iv) They must make efforts to improve the loyalty of workers.


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