Business Study Case Study – Nature and Significance of Management

Business Study Case Study Class 12

Business Study Case Study

NATURE AND SIGNIFICANCE OF MANAGEMENT

Read the following text and answer the following questions on the basis of the same:

Sana is the branch manager of ABC Handicrafts Pvt. Ltd. The company’s objective is to promote the sales of Indian handloom and handicraft products. It sells fabrics, furnishings, ready-mades and household items are made out of traditional Indian fabrics.
Sana decides quantities, variety, colour and texture of all the above items and then allocates resources for their purchase from different suppliers. She appoints a team of designers and craftspeople in the company, who developed some prints for bed covers in bright colour on silk. Although the products looked very attractive and impressive, they were relatively expensive on the front of affordability for an
average customer.

Sana suggested that they should keep the silk bed covers for special festive occasions and offer the cotton bed covers on a regular basis to keep costs under control.

Question 1

“She appoints a team of designers and craftspeople in the company, who developed some prints for bed covers in bright colour on silk.”
Which function of management is highlighted in this context?

(A) Controlling
(B) Staffing
(C) Planning
(D) Directing

Question 2

In the above case “company’s objective is to promote the sales of Indian handloom and handicraft products.”
The above line focus on which feature of management?

(A) Management is an intangible force
(B) Management is a goal-oriented process
(C) Management is pervasive in nature
(D) Management is a continuous process

Question 3

With reference to the above case, at which level of management Sana is working?

(A) Lower level
(B) Top level
(C) Middle level
(D) Shop floor

Question 4

“Sana suggested that they should keep the silk bed covers for special festive occasions and offer the cotton bed covers on a regular basis to keep costs under control.”
Which function of management is highlighted in this context?

(A) Controlling
(B) Staffing
(C) Organising
(D) Planning

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