In a company, different departments are formed for looking after production, sales, marketing and finance. Identify the principles of management applicable here.

Authority and responsibility

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Unity of Direction

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Unity of Command

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Division of Labour

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Solution

The correct option is D
Division of Labour

The principle that is applicable here is 'division of labour'.

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Similar questions

Company X is facing a lot of problems these days. It manufactures white goods like washing machines, microwaves, refrigerators, and air conditioners. The company's margins are under pressure and the profits and market share are declining. The production department blames the marketing department for not meeting sales targets and marketing blames production department for producing goods, which are neither of good quality nor meeting, customers expectations. The finance department blames both the production and the marketing department for a declining return on investment and bad marketing.
Which quality of management do you think the company is lacking? Explain briefly. What steps should the company's management take to bring the company back on track?

Q. Company X is facing a lot of problems these days. It manufactures white goods like washing machines, microwave ovens, refrigerators and air conditioners. The company’s margins are under pressure and the profits and market share are declining. The production department blames marketing for not meeting sales targets and marketing blames production department for producing goods, which are not of good quality meeting customers' expectations. The finance department blames both production and marketing for declining return on investment and bad marketing.

State the quality of management that the company is lacking? Explain briefly. What steps should the company management take to bring the company back on track?

Q. Company X is facing a lot of problems these days. It manufactures white goods like washing machines, microwave ovens, refrigerators and air conditioners. The company’s margins are under pressure and the profits and market share are declining. The production department blames marketing for not meeting sales targets and marketing blames production department for producing goods, which are not of good quality meeting customers expectations. The finance department blames both production and marketing for declining return on investment and bad marketing.

What quality of management do you think the company is lacking? Explain briefly. What steps should the company management take to bring the company back on track?

Q. Explain 'unity of command' and 'equity' as principles of general management.

Q. Company X is facing a lot or problems these days. It manufacturers white goods like washing machines, microwave ovens, air conditioners. The company's margins are under pressure and the profits and market share are declining. The production department blames marketing for not meeting sales target and marketing blames production department for producing goods, which are of not good quality meeting customers expectations. The finance department blames both production and marketing for declining return on investment and bad marketing.
What quality of management do you think the company is lacking? Explain briefly. What steps should the company management take to bring the company back on track?

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In a company, different departments are formed for looking after production, sales, marketing and finance. Identify the principles of management applicable here.

The correct option is D Division of Labour The principle that is applicable here is 'division of labour'.

The correct option is D
Division of Labour

The principle that is applicable here is 'division of labour'.