Alpha Enterprises is a company manufacturing water geysers. The company has a functional structure with four main functions – Production, Marketing, Finance and Human Resource. As the demand for the product grew, the company decided to hire more employees. Identify the concept which will help the Human Resource Manager in deciding the actual number of persons required in each department.
Hina Sweets is a renowned name for quality sweets since 1935.
Harsh the owner of Hina Sweets was worried as the sales had declined during the last three months. When he enquired from the Sales Manager, the Sales Manager reported that there were some complaints about the quality of sweets. Therefore Harsh ordered for sample checking of sweets. Identify the step taken by Harsh that is related to one of the functions of management.
Meca Ltd. a reputed automobile manufacturer needs Rupees ten crores as additional capital to expand its business. Atul Jalan, the CEO of the company wanted to raise funds through equity. On the other hand the Finance Manager, Nimi Sahdev said that the public issue may be expensive on account of various mandatory and nonmandatory expenses. Therefore, it was decided to allot the securities to institutional investors. Name the method through which the company decided to raise additional capital.
Explain briefly any three functions performed by a supervisor.
A supervisor is a person responsible for directly overseeing the various activities of workers. Following are the functions performed by a supervisor:
i. A supervisor guides employees and provide support and motivation to the workers to boost up their morale. He ensures that workers work with harmony and unity and the employees feel a sense of belongingness
ii. He acts as the link of communication between the manager and workers. , he communicates the information and ideas of the management to workers, on the other hand, he communicates the problems and grievances of workers to managers.
iii. It is the responsibility of the supervisor to ensure that the work is carried out efficiently and smoothly and that the set targets are met.