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Question Numbers: 1-6
Read the given passage and answer the questions that follow:
Innovative Textiles Pvt. Ltd., run by two brothers Krishna and Rajan, is a Raipur based Chattisghari Silk Garment export company. It was set up in 2001 by Krishna, who has a deep knowledge of designing and manufacturing silk garments. Rajan joined the company in 2010 after completing his M.B.A. Krishna was responsible for designing and production of the garments and Rajan for sales and liaisoning with the foreign importers. Personnel management, however was jointly looked after by them. Since the inception of the company, Krishna had worked very hard to ensure its growth. He rewarded his committed workers and had even friendly relations with many such workers: However, he was intolerant to any carelessness, demand for salary hike or bonus demand; and would take no time in firing such workers even if they happened to be very expert and committed ones. Rajan, on the contrary, would never befriend his employees but would give them their due. He would attentively listen to their suggestions, demands and even criticism. He believes in setting high goals for his employees and getting them accomplished by rewarding and motivating them.
In view of the increasing demand from the importers, Rajan wanted to reemploy many expert weavers fired by Krishna as to increase production and ensure quality, but it was a very tough task to convince Krishna. Though Krishna somehow agreed to take them back, yet he could not digest the move. He would often express his feelings by speaking sarcastically, bumping his hand on table, raising his eyebrows or getting sulk, which gradually made the atmosphere quite tense for the partners as well workers finally resulting in poor production. Rajan starts pondering over whether to continue with Krishna or to part with him, and set up a new company. However, in view of Krishna's expertise in the field of garments as well as his contribution to the company, Rajan decides to take a chance and negotiate a deal with Krishna. Accordingly, both of them decide to have fifty percent share each and Krishna is made in charge of designing and quality control. For production and personnel management they appoint a team of managers led by Vivek, an experienced M.B.A. Rajan confines himself to sales and liaisoning. Krishna feels satisfied with the deal, so does Rajan. The workers, under the leadership of Vivek, start working as a motivated and result oriented team. Why not so, apart from a congenial atmosphere now they have been assured performance cum profit based incentive in addition to their salary.
Read the given passage and answer the questions that follow:
Innovative Textiles Pvt. Ltd., run by two brothers Krishna and Rajan, is a Raipur based Chattisghari Silk Garment export company. It was set up in 2001 by Krishna, who has a deep knowledge of designing and manufacturing silk garments. Rajan joined the company in 2010 after completing his M.B.A. Krishna was responsible for designing and production of the garments and Rajan for sales and liaisoning with the foreign importers. Personnel management, however was jointly looked after by them. Since the inception of the company, Krishna had worked very hard to ensure its growth. He rewarded his committed workers and had even friendly relations with many such workers: However, he was intolerant to any carelessness, demand for salary hike or bonus demand; and would take no time in firing such workers even if they happened to be very expert and committed ones. Rajan, on the contrary, would never befriend his employees but would give them their due. He would attentively listen to their suggestions, demands and even criticism. He believes in setting high goals for his employees and getting them accomplished by rewarding and motivating them.
In view of the increasing demand from the importers, Rajan wanted to reemploy many expert weavers fired by Krishna as to increase production and ensure quality, but it was a very tough task to convince Krishna. Though Krishna somehow agreed to take them back, yet he could not digest the move. He would often express his feelings by speaking sarcastically, bumping his hand on table, raising his eyebrows or getting sulk, which gradually made the atmosphere quite tense for the partners as well workers finally resulting in poor production. Rajan starts pondering over whether to continue with Krishna or to part with him, and set up a new company. However, in view of Krishna's expertise in the field of garments as well as his contribution to the company, Rajan decides to take a chance and negotiate a deal with Krishna. Accordingly, both of them decide to have fifty percent share each and Krishna is made in charge of designing and quality control. For production and personnel management they appoint a team of managers led by Vivek, an experienced M.B.A. Rajan confines himself to sales and liaisoning. Krishna feels satisfied with the deal, so does Rajan. The workers, under the leadership of Vivek, start working as a motivated and result oriented team. Why not so, apart from a congenial atmosphere now they have been assured performance cum profit based incentive in addition to their salary.
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