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Question : 16
Total: 32
In 2015, Naveen left his luxurious life in Mumbai, where he worked as a manager for Blue Birds Ltd. He shifted to Begampur, Chhattisgarh to fulfil his grandmother's dream of converting their 25-acre ancestral land into a fertile farm. For this he set out specific goals along with the activities to be performed to achieve the goals.
Every activity was a challenge since he was clueless about farming. He learnt every activity from filling the land to sowing the seeds. To aid farmers he launched his own company 'Innovative Agriculture Solutions Pvt. Ltd.'
It was difficult initially as no one trusted an urban youth telling farmers about farming. But when everything was discussed in detail the farmers started taking interest. He wanted to ensure that the future events meet effectively best interests of the company. Through sales forecasting, he prepared an annual plan for production and sales.
He also found that the farmers grew only paddy, which was an activity of 3-4 months and the land remained idle for the rest 8-9 months of the year. He not only identified but evaluated various alternatives through which the farms could be utilised for the remaining months of the year. Through correct foresight and logical and systematic thinking based on analysis of all facts, all alternatives were examined and evaluated. He presented a plan to the farmers, where after harvesting paddy, vegetables could be grown.
The above case highlights the features of one of the functions of management. By quoting lines from the above, identify and explain these features.
Every activity was a challenge since he was clueless about farming. He learnt every activity from filling the land to sowing the seeds. To aid farmers he launched his own company 'Innovative Agriculture Solutions Pvt. Ltd.'
It was difficult initially as no one trusted an urban youth telling farmers about farming. But when everything was discussed in detail the farmers started taking interest. He wanted to ensure that the future events meet effectively best interests of the company. Through sales forecasting, he prepared an annual plan for production and sales.
He also found that the farmers grew only paddy, which was an activity of 3-4 months and the land remained idle for the rest 8-9 months of the year. He not only identified but evaluated various alternatives through which the farms could be utilised for the remaining months of the year. Through correct foresight and logical and systematic thinking based on analysis of all facts, all alternatives were examined and evaluated. He presented a plan to the farmers, where after harvesting paddy, vegetables could be grown.
The above case highlights the features of one of the functions of management. By quoting lines from the above, identify and explain these features.
Solution:
'Planning' is the function of management referred in this case.
(i) "For this, he set his goals". The line indicates the following feature of planning.
Planning focus on achieving objective.
Every organisation has a set of goals and determining the most economical and viable course of action to achieve pre-determined goals.
(ii) "He not only ── the year". This line indicate the following of planning.
Planning involves decision making: Planning is essentially the process of choosing among various alternatives. So, in order to make an effective choice, examination and evaluation of each alternative is necessary.
(iii) "Through correct ── evaluated". This line indicates the following features of planning.
Planning is mental exercise: It is a mental exercise as it requires creativity, imagination and higher thinking skills and sound and judgement. It is intellectual activity of thinking rather than doing.
(iv) "He wanted ── of the company". This line indicates the following features of planning.
Planning is futuristic: Planning is the process of looking ahead. It is looking into the future before fore the situation activilly occurs. It deals with the future course of action that have not taken place yet.
(i) "For this, he set his goals". The line indicates the following feature of planning.
Planning focus on achieving objective.
Every organisation has a set of goals and determining the most economical and viable course of action to achieve pre-determined goals.
(ii) "He not only ── the year". This line indicate the following of planning.
Planning involves decision making: Planning is essentially the process of choosing among various alternatives. So, in order to make an effective choice, examination and evaluation of each alternative is necessary.
(iii) "Through correct ── evaluated". This line indicates the following features of planning.
Planning is mental exercise: It is a mental exercise as it requires creativity, imagination and higher thinking skills and sound and judgement. It is intellectual activity of thinking rather than doing.
(iv) "He wanted ── of the company". This line indicates the following features of planning.
Planning is futuristic: Planning is the process of looking ahead. It is looking into the future before fore the situation activilly occurs. It deals with the future course of action that have not taken place yet.
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