Four Mark Question:
Aman, Avneesh and Amrish have decided to start a business of manufacturing toys. They identified the following main activities which they have to perform: (i) Purchase of raw materials, (ii) Purchase of machinery, (iii) Production of toys, (iv) Arrangement of finance, (v) Sale of toys, (vi) Identifying the areas where they can sell their toys, (vii) Selection of employees.
In order to facilitate the work they thought, that four managers should be appointed to look after (a) Production, (b) Finance, (c) Marketing, (d) Personnel.
A. Identify the function of management involved in the above-mentioned para.
B. Quote the lines from the above pars which help you in identifying this function.
C. State the steps followed in the process of this function of management.

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Solution

A. Divisional structure
B. facilitate the work they thought, that four managers should be appointed to look after (a) Production, (b) Finance, (c) Marketing, (d) Personnel
C. (i) Purchase of raw materials,
(ii) Purchase of machinery,
(iii) Production of toys,
(iv) The arrangement of finance,
(v) Sale of toys,
(vi) Identifying the areas where they can sell their toys,
(vii) Selection of employees.

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