Mr Sourabh, who is an M.B.A., has been appointed at the post of Genera

Mr Sourabh, who is an M.B.A., has been appointed at the post of General Manager in Sa-re-ga-ma Ltd. Company. Just after his appointment, he took a decision to set up a chemical plant near a residential colony. (The chosen location to set up the plant was favourable for many reasons to the company). After some time, another important decision to the amount of charity been given annually to educational institutions and religious institutions was withdrawn giving the justification that it was an unnecessary burden on the company. More emphasis was given to the share of company in the market and in search of modern procedures. Apart from this, a long time labour-dispute was resolved by taking a balanced decision.i. Tell whether Mr Sourabh is at fault?ii. If yes, the fault is in which context?iii. How can the mistake be amended?

Answer»

Yes Mr Sourabh is at fault. He is avoiding the social objective of management.

There is need of rethinking on two issues:

i. Establishing Chemical Plant near a residential colony and

ii. Giving Charity.