Saved Bookmarks
| 1. |
Rahul decided to start a desert cooler manufacturing business. He sets the target of earning 20% profit on sales in the first year. He was very much concerned about the future prospects of the business, which were uncertain. For this, he gathered information from the potential market and analyzed that the demand forwall mounted coolers is increasing day by day. He used this information as the base for future planning. On the basis of the gathered information, he called a meeting in the following week to find new methods to achieve the objective. a) Identify the function of management involved in the above case. b) Enumerate the next two steps, which have been followed by Rahul that are related to the process of one of the functions of management. |
|
Answer» l STARTED a business, he NEEDS to take care of many factors which are very strong reasons for driving the whole business, in a right direction.First thing which should Rahul be cautious about is the inventory HANDLING STRATEGIES, which effects a lot to the business process, the second POINT comes is regarding the the way of presenting his products, to his prospective customers. |
|